TSM DRIFT AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

75,29 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 692 000	11 951 000	6 194 000	4 275 000
Net Income	−783 000	−606 000	−398 000	−245 000
Total Assets	3 075 000	1 713 000	1 892 000	2 264 000
Total Equity	−1 040 000	−1 258 000	−651 000	−254 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 692 000	11 951 000	6 194 000	4 275 000
Expenditure	9 616 000	12 663 000	6 619 000	4 571 000
Operating Profit	−925 000	−712 000	−426 000	−296 000
Financial Income	0	0	0	0
Financial Costs	79 000	66 000	84 000	18 000
Financial Balance	−79 000	−66 000	−84 000	−18 000
Earnings Before Tax	−1 004 000	−777 000	−510 000	−314 000
Tax	−221 000	−171 000	−112 000	−69 000
Net Income	−783 000	−606 000	−398 000	−245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 131 000	1 005 000	931 000	975 000
Total Current Assets	1 944 000	708 000	961 000	1 289 000
Total Assets	3 075 000	1 713 000	1 892 000	2 264 000
Total Retained Equity	−2 070 000	−1 288 000	−681 000	−284 000
Total Equity	−1 040 000	−1 258 000	−651 000	−254 000
Total Long-Term Debt	575 000	840 000	1 107 000	0
Total Current Debt	3 540 000	2 131 000	1 437 000	2 518 000
Total Equity and Debt	3 075 000	1 713 000	1 892 000	2 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 692 000	11 951 000	6 169 000	4 275 000
Other Income	0	0	25 000	0
Revenue	8 692 000	11 951 000	6 194 000	4 275 000
Cost of Goods Sold	6 858 000	9 843 000	5 141 000	3 094 000
Salary Costs	1 950 000	1 923 000	854 000	983 000
Depreciation	95 000	97 000	95 000	100 000
Impairment	0	0	0	0
Expenditure	9 616 000	12 663 000	6 619 000	4 571 000
Operating Profit	−925 000	−712 000	−426 000	−296 000
Financial Income	0	0	0	0
Financial Costs	79 000	66 000	84 000	18 000
Financial Balance	−79 000	−66 000	−84 000	−18 000
Dividends	0	0	0	0
Net Income	−783 000	−606 000	−398 000	−245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	584 000	363 000	192 000	80 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	547 000	642 000	739 000	895 000
Total Tangible Assets	547 000	642 000	739 000	895 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 131 000	1 005 000	931 000	975 000
Stock	52 000	115 000	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	98 000	210 000	32 000
Total Current Assets	1 944 000	708 000	961 000	1 289 000
Total Assets	3 075 000	1 713 000	1 892 000	2 264 000
Total Equity	−1 040 000	−1 258 000	−651 000	−254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	575 000	840 000	1 107 000	0
Creditors	690 000	573 000	339 000	1 672 000
Unpaid Taxes	358 000	350 000	182 000	214 000
Dividends	0	0	0	0
Other Current Debt	2 045 000	841 000	662 000	370 000
Total Current Debt	3 540 000	2 131 000	1 437 000	2 518 000
Total Equity and Debt	3 075 000	1 713 000	1 892 000	2 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,29 %	48,17 %	61,14 %	96,46 %
Debt-to-Equity Ratio	−0,55	−0,67	−1,7	−0
Operating Profit Margin	−10,64 %	−5,96 %	−6,88 %	−6,92 %
Current Ratio	0,55	0,33	0,67	0,51
Quick Ratio	0,56	0,35	0,67	0,51
Equity Ratio	−0,34	−0,73	−0,34	−0,11
Gross Profit Margin	21,1 %	17,64 %	17 %	27,63 %