TRONDHEIM AUDIO DEVICES AS

7082 KATTEM

Finances

Share Ownership

Return on Equity

−182,95 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	258 000	388 000	780 000	100 000
Net Income	−966 000	−66 000	−21 000	−160 000
Total Assets	1 301 000	422 000	495 000	270 000
Total Equity	528 000	416 000	482 000	240 000

Income (NOK)	2022	2021	2020	2019
Revenue	258 000	388 000	780 000	100 000
Expenditure	1 495 000	472 000	807 000	305 000
Operating Profit	−1 238 000	−84 000	−26 000	−205 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	−1 238 000	−85 000	−26 000	−205 000
Tax	−272 000	−19 000	−5 000	−45 000
Net Income	−966 000	−66 000	−21 000	−160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	364 000	100 000	90 000	45 000
Total Current Assets	936 000	322 000	405 000	225 000
Total Assets	1 301 000	422 000	495 000	270 000
Total Retained Equity	−1 213 000	−247 000	−180 000	−160 000
Total Equity	528 000	416 000	482 000	240 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	772 000	6 000	13 000	29 000
Total Equity and Debt	1 301 000	422 000	495 000	270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	197 000	260 000	57 000	50 000
Other Income	61 000	128 000	723 000	50 000
Revenue	258 000	388 000	780 000	100 000
Cost of Goods Sold	919 000	326 000	443 000	193 000
Salary Costs	248 000	0	0	0
Depreciation	8 000	8 000	3 000	0
Impairment	0	0	0	0
Expenditure	1 495 000	472 000	807 000	305 000
Operating Profit	−1 238 000	−84 000	−26 000	−205 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−966 000	−66 000	−21 000	−160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	342 000	69 000	50 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 000	31 000	39 000	0
Fixtures	0	0	0	0
Total Tangible Assets	23 000	31 000	39 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	364 000	100 000	90 000	45 000
Stock	314 000	139 000	0	0
Total Investments	0	0	0	0
Cash, Bank	462 000	177 000	359 000	219 000
Total Current Assets	936 000	322 000	405 000	225 000
Total Assets	1 301 000	422 000	495 000	270 000
Total Equity	528 000	416 000	482 000	240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	745 000	5 000	11 000	0
Unpaid Taxes	3 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	1 000	2 000	29 000
Total Current Debt	772 000	6 000	13 000	29 000
Total Equity and Debt	1 301 000	422 000	495 000	270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−182,95 %	−15,87 %	−4,36 %	−66,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−479,84 %	−21,65 %	−3,33 %	−205 %
Current Ratio	1,21	53,67	31,15	7,76
Quick Ratio	2,04	−2,42	31,15	7,76
Equity Ratio	0,41	0,99	0,97	0,89
Gross Profit Margin	−256,2 %	15,98 %	43,21 %	−93 %