TØNSBERG & FÆRDER RØRSERVICE AS

3132 HUSØYSUND

Finances

Share Ownership

Return on Equity

−24,67 %

Current Ratio

1,25

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 400 000	6 545 000	3 630 000	2 139 000
Net Income	−56 000	40 000	86 000	127 000
Total Assets	1 400 000	1 259 000	800 000	665 000
Total Equity	227 000	283 000	242 000	157 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 400 000	6 545 000	3 630 000	2 139 000
Expenditure	4 504 000	3 579 000	1 892 000	1 231 000
Operating Profit	−34 000	41 000	117 000	162 000
Financial Income	1 000	0	0	0
Financial Costs	23 000	−11 000	6 000	0
Financial Balance	−22 000	11 000	−6 000	0
Earnings Before Tax	−56 000	52 000	110 000	163 000
Tax	0	11 000	25 000	36 000
Net Income	−56 000	40 000	86 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	144 000	76 000	37 000
Total Current Assets	1 034 000	1 116 000	724 000	627 000
Total Assets	1 400 000	1 259 000	800 000	665 000
Total Retained Equity	197 000	253 000	212 000	127 000
Total Equity	227 000	283 000	242 000	157 000
Total Long-Term Debt	344 000	102 000	51 000	0
Total Current Debt	829 000	875 000	506 000	508 000
Total Equity and Debt	1 400 000	1 259 000	800 000	665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 395 000	6 545 000	3 630 000	2 139 000
Other Income	5 000	0	0	0
Revenue	4 400 000	6 545 000	3 630 000	2 139 000
Cost of Goods Sold	1 700 000	359 000	318 000	351 000
Salary Costs	2 141 000	2 460 000	1 043 000	574 000
Depreciation	105 000	34 000	0	0
Impairment	0	0	0	0
Expenditure	4 504 000	3 579 000	1 892 000	1 231 000
Operating Profit	−34 000	41 000	117 000	162 000
Financial Income	1 000	0	0	0
Financial Costs	23 000	−11 000	6 000	0
Financial Balance	−22 000	11 000	−6 000	0
Dividends	0	0	0	0
Net Income	−56 000	40 000	86 000	127 000

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	365 000	100 000	55 000	0
Total Tangible Assets	365 000	100 000	55 000	0
Total Fiancial Fixed Assets	0	44 000	21 000	37 000
Total Fixed Assets	365 000	144 000	76 000	37 000
Stock	157 000	88 000	44 000	13 000
Total Investments	0	0	0	0
Cash, Bank	581 000	816 000	280 000	475 000
Total Current Assets	1 034 000	1 116 000	724 000	627 000
Total Assets	1 400 000	1 259 000	800 000	665 000
Total Equity	227 000	283 000	242 000	157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	344 000	102 000	51 000	0
Creditors	218 000	171 000	205 000	59 000
Unpaid Taxes	320 000	395 000	166 000	173 000
Dividends	0	0	0	0
Other Current Debt	291 000	295 000	113 000	241 000
Total Current Debt	829 000	875 000	506 000	508 000
Total Equity and Debt	1 400 000	1 259 000	800 000	665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,67 %	14,13 %	35,54 %	80,89 %
Debt-to-Equity Ratio	1,52	0,36	0,21	0
Operating Profit Margin	−0,77 %	0,63 %	3,22 %	7,57 %
Current Ratio	1,25	1,28	1,43	1,23
Quick Ratio	1,54	1,42	1,57	1,27
Equity Ratio	0,16	0,22	0,3	0,24
Gross Profit Margin	61,36 %	94,51 %	91,24 %	83,59 %