TGS TRADE GROUP SCANDINAVIA AS

5224 NESTTUN

Finances

Share Ownership

Return on Equity

−65,16 %

Current Ratio

−291,33

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	130 000	1 025 000	2 082 000
Net Income	−604 000	−186 000	363 000
Total Assets	924 000	2 052 000	2 003 000
Total Equity	927 000	1 531 000	1 717 000

Income (NOK)	2021	2020	2019
Revenue	130 000	1 025 000	2 082 000
Expenditure	734 000	1 193 000	1 637 000
Operating Profit	−604 000	−168 000	445 000
Financial Income	2 000	16 000	20 000
Financial Costs	2 000	4 000	1 000
Financial Balance	0	12 000	19 000
Earnings Before Tax	−604 000	−156 000	464 000
Tax	0	30 000	101 000
Net Income	−604 000	−186 000	363 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	49 000	459 000	323 000
Total Current Assets	874 000	1 592 000	1 680 000
Total Assets	924 000	2 052 000	2 003 000
Total Retained Equity	−433 000	177 000	363 000
Total Equity	927 000	1 531 000	1 717 000
Total Long-Term Debt	0	0	0
Total Current Debt	−3 000	521 000	285 000
Total Equity and Debt	924 000	2 052 000	2 003 000

Cash flow (NOK)	2021	2020	2019
Sales Income	130 000	1 025 000	2 057 000
Other Income	0	0	25 000
Revenue	130 000	1 025 000	2 082 000
Cost of Goods Sold	632 000	1 014 000	1 297 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	734 000	1 193 000	1 637 000
Operating Profit	−604 000	−168 000	445 000
Financial Income	2 000	16 000	20 000
Financial Costs	2 000	4 000	1 000
Financial Balance	0	12 000	19 000
Dividends	0	0	0
Net Income	−604 000	−186 000	363 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	49 000	459 000	323 000
Total Fixed Assets	49 000	459 000	323 000
Stock	200 000	381 000	466 000
Total Investments	0	0	0
Cash, Bank	674 000	596 000	846 000
Total Current Assets	874 000	1 592 000	1 680 000
Total Assets	924 000	2 052 000	2 003 000
Total Equity	927 000	1 531 000	1 717 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	4 000	308 000	82 000
Unpaid Taxes	−7 000	0	−17 000
Dividends	0	0	0
Other Current Debt	0	182 000	120 000
Total Current Debt	−3 000	521 000	285 000
Total Equity and Debt	924 000	2 052 000	2 003 000

Financial indicators	2021	2020	2019
Return on Equity	−65,16 %	−12,15 %	21,14 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−464,62 %	−16,39 %	21,37 %
Current Ratio	−291,33	3,06	5,89
Quick Ratio	−4,31	11,37	−9,28
Equity Ratio	1	0,75	0,86
Gross Profit Margin	−386,15 %	1,07 %	37,7 %