TUNING & SERVICE AS

9730 KARASJOK

Finances

Share Ownership

Return on Equity

−183,49 %

Current Ratio

1,06

Debt-to-Equity Ratio

11,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 676 000	3 228 000	1 847 000	761 000
Net Income	−200 000	133 000	18 000	128 000
Total Assets	2 316 000	1 191 000	548 000	254 000
Total Equity	109 000	309 000	176 000	158 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 676 000	3 228 000	1 847 000	761 000
Expenditure	6 870 000	3 052 000	1 807 000	596 000
Operating Profit	−194 000	176 000	39 000	165 000
Financial Income	0	0	0	0
Financial Costs	49 000	6 000	16 000	1 000
Financial Balance	−49 000	−6 000	−16 000	−1 000
Earnings Before Tax	−243 000	170 000	23 000	164 000
Tax	−44 000	37 000	5 000	36 000
Net Income	−200 000	133 000	18 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 309 000	38 000	126 000	0
Total Current Assets	1 007 000	1 154 000	422 000	254 000
Total Assets	2 316 000	1 191 000	548 000	254 000
Total Retained Equity	79 000	279 000	146 000	128 000
Total Equity	109 000	309 000	176 000	158 000
Total Long-Term Debt	1 256 000	9 000	151 000	0
Total Current Debt	951 000	873 000	222 000	96 000
Total Equity and Debt	2 316 000	1 191 000	548 000	254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 667 000	3 142 000	1 803 000	761 000
Other Income	9 000	86 000	44 000	0
Revenue	6 676 000	3 228 000	1 847 000	761 000
Cost of Goods Sold	3 145 000	1 328 000	786 000	312 000
Salary Costs	1 839 000	1 029 000	623 000	116 000
Depreciation	156 000	4 000	40 000	0
Impairment	0	0	0	0
Expenditure	6 870 000	3 052 000	1 807 000	596 000
Operating Profit	−194 000	176 000	39 000	165 000
Financial Income	0	0	0	0
Financial Costs	49 000	6 000	16 000	1 000
Financial Balance	−49 000	−6 000	−16 000	−1 000
Dividends	0	0	0	0
Net Income	−200 000	133 000	18 000	128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	0	6 000	0
Real Eastate	14 000	14 000	14 000	0
Machinery and Plant Facilities	1 001 000	0	0	0
Fixtures	259 000	23 000	106 000	0
Total Tangible Assets	1 275 000	38 000	120 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 309 000	38 000	126 000	0
Stock	535 000	366 000	236 000	86 000
Total Investments	0	0	0	0
Cash, Bank	260 000	415 000	59 000	74 000
Total Current Assets	1 007 000	1 154 000	422 000	254 000
Total Assets	2 316 000	1 191 000	548 000	254 000
Total Equity	109 000	309 000	176 000	158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 256 000	9 000	151 000	0
Creditors	448 000	62 000	6 000	29 000
Unpaid Taxes	212 000	39 000	65 000	20 000
Dividends	0	0	0	0
Other Current Debt	291 000	750 000	140 000	11 000
Total Current Debt	951 000	873 000	222 000	96 000
Total Equity and Debt	2 316 000	1 191 000	548 000	254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−183,49 %	43,04 %	10,23 %	81,01 %
Debt-to-Equity Ratio	11,52	0,03	0,86	0
Operating Profit Margin	−2,91 %	5,45 %	2,11 %	21,68 %
Current Ratio	1,06	1,32	1,9	2,65
Quick Ratio	2,42	2,28	−30,14	25,4
Equity Ratio	0,05	0,26	0,32	0,62
Gross Profit Margin	52,89 %	58,86 %	57,44 %	59 %