TANDBERG ENGINEERING AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

38,37 %

Current Ratio

3,17

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	384 000	448 000	0	0
Net Income	132 000	299 000	−29 000	−24 000
Total Assets	459 000	392 000	7 000	7 000
Total Equity	344 000	211 000	−36 000	−7 000

Income (NOK)	2022	2021	2020	2019
Revenue	384 000	448 000	0	0
Expenditure	215 000	149 000	29 000	24 000
Operating Profit	170 000	299 000	−29 000	−24 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	170 000	299 000	−29 000	−24 000
Tax	37 000	0	0	0
Net Income	132 000	299 000	−29 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	0	7 000	7 000
Total Current Assets	355 000	392 000	0	0
Total Assets	459 000	392 000	7 000	7 000
Total Retained Equity	314 000	187 000	−60 000	−31 000
Total Equity	344 000	211 000	−36 000	−7 000
Total Long-Term Debt	2 000	1 000	−10 000	0
Total Current Debt	112 000	179 000	53 000	14 000
Total Equity and Debt	459 000	392 000	7 000	7 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	384 000	448 000	0	0
Other Income	0	0	0	0
Revenue	384 000	448 000	0	0
Cost of Goods Sold	21 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	215 000	149 000	29 000	24 000
Operating Profit	170 000	299 000	−29 000	−24 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	132 000	299 000	−29 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	0	0	0
Total Tangible Assets	86 000	0	0	0
Total Fiancial Fixed Assets	18 000	0	7 000	7 000
Total Fixed Assets	104 000	0	7 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	70 000	0	0
Total Current Assets	355 000	392 000	0	0
Total Assets	459 000	392 000	7 000	7 000
Total Equity	344 000	211 000	−36 000	−7 000
Short-Term Group Debt	0	0	25 000	0
Total Long-Term Debt	2 000	1 000	−10 000	0
Creditors	15 000	0	28 000	18 000
Unpaid Taxes	33 000	36 000	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	92 000	0	−4 000
Total Current Debt	112 000	179 000	53 000	14 000
Total Equity and Debt	459 000	392 000	7 000	7 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,37 %	141,71 %	80,56 %	342,86 %
Debt-to-Equity Ratio	0,01	0	0,28	−0
Operating Profit Margin	44,27 %	66,74 %	-	-
Current Ratio	3,17	2,19	0	0
Quick Ratio	3,17	2,19	0	0
Equity Ratio	0,75	0,54	−5,14	−1
Gross Profit Margin	94,53 %	100 %	-	-