TINE II INVEST AS

0680 OSLO

Finances

Return on Equity

−4,09 %

Current Ratio

1,67

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 403 000	93 322 000	79 027 000	108 681 000
Net Income	−860 000	−2 323 000	11 397 000	4 381 000
Total Assets	44 010 000	40 160 000	49 689 000	36 456 000
Total Equity	21 048 000	22 029 000	24 352 000	15 430 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 403 000	93 322 000	79 027 000	108 681 000
Expenditure	118 936 000	95 606 000	80 162 000	102 917 000
Operating Profit	−534 000	−2 283 000	−1 136 000	5 763 000
Financial Income	208 000	63 000	12 931 000	150 000
Financial Costs	252 000	219 000	165 000	256 000
Financial Balance	−44 000	−156 000	12 766 000	−106 000
Earnings Before Tax	−578 000	−2 439 000	11 630 000	5 658 000
Tax	282 000	−116 000	233 000	1 276 000
Net Income	−860 000	−2 323 000	11 397 000	4 381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 453 000	9 805 000	10 532 000	1 438 000
Total Current Assets	36 556 000	30 355 000	39 157 000	35 018 000
Total Assets	44 010 000	40 160 000	49 689 000	36 456 000
Total Retained Equity	12 641 000	13 319 000	14 745 000	15 298 000
Total Equity	21 048 000	22 029 000	24 352 000	15 430 000
Total Long-Term Debt	1 051 000	1 576 000	1 142 000	862 000
Total Current Debt	21 911 000	16 555 000	24 196 000	20 164 000
Total Equity and Debt	44 010 000	40 160 000	49 689 000	36 456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 946 000	92 801 000	78 580 000	108 079 000
Other Income	458 000	521 000	447 000	601 000
Revenue	118 403 000	93 322 000	79 027 000	108 681 000
Cost of Goods Sold	56 229 000	37 294 000	33 141 000	46 319 000
Salary Costs	48 463 000	45 696 000	37 075 000	46 408 000
Depreciation	2 371 000	2 348 000	842 000	271 000
Impairment	0	0	0	0
Expenditure	118 936 000	95 606 000	80 162 000	102 917 000
Operating Profit	−534 000	−2 283 000	−1 136 000	5 763 000
Financial Income	208 000	63 000	12 931 000	150 000
Financial Costs	252 000	219 000	165 000	256 000
Financial Balance	−44 000	−156 000	12 766 000	−106 000
Dividends	0	0	0	0
Net Income	−860 000	−2 323 000	11 397 000	4 381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 566 000	6 279 000	7 991 000	0
Total Intangible Assets	4 592 000	6 285 000	7 991 000	0
Real Eastate	170 000	183 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 325 000	1 971 000	1 276 000	0
Total Tangible Assets	1 495 000	2 154 000	1 276 000	1 061 000
Total Fiancial Fixed Assets	1 366 000	1 366 000	1 265 000	378 000
Total Fixed Assets	7 453 000	9 805 000	10 532 000	1 438 000
Stock	2 276 000	2 394 000	2 166 000	2 364 000
Total Investments	0	0	0	0
Cash, Bank	2 607 000	7 280 000	2 735 000	1 919 000
Total Current Assets	36 556 000	30 355 000	39 157 000	35 018 000
Total Assets	44 010 000	40 160 000	49 689 000	36 456 000
Total Equity	21 048 000	22 029 000	24 352 000	15 430 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 051 000	1 576 000	1 142 000	862 000
Creditors	12 967 000	9 110 000	10 235 000	9 820 000
Unpaid Taxes	2 718 000	2 202 000	6 354 000	3 417 000
Dividends	0	0	0	0
Other Current Debt	5 924 000	5 243 000	5 366 000	5 837 000
Total Current Debt	21 911 000	16 555 000	24 196 000	20 164 000
Total Equity and Debt	44 010 000	40 160 000	49 689 000	36 456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,09 %	−10,55 %	46,8 %	28,39 %
Debt-to-Equity Ratio	0,05	0,07	0,05	0,06
Operating Profit Margin	−0,45 %	−2,45 %	−1,44 %	5,3 %
Current Ratio	1,67	1,83	1,62	1,74
Quick Ratio	1,86	2,14	1,78	1,97
Equity Ratio	0,48	0,55	0,49	0,42
Gross Profit Margin	52,51 %	60,04 %	58,06 %	57,38 %