T-TIME VINYL PLANT AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

17,28 %

Current Ratio

1,04

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 363 000	5 946 000	2 222 000	0
Net Income	446 000	−267 000	−1 216 000	−968 000
Total Assets	8 235 000	4 649 000	4 255 000	3 762 000
Total Equity	2 581 000	425 000	691 000	−468 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 363 000	5 946 000	2 222 000	0
Expenditure	9 713 000	6 082 000	3 193 000	746 000
Operating Profit	649 000	−136 000	−970 000	−746 000
Financial Income	48 000	9 000	2 000	11 000
Financial Costs	250 000	140 000	248 000	233 000
Financial Balance	−202 000	−131 000	−246 000	−222 000
Earnings Before Tax	446 000	−267 000	−1 216 000	−968 000
Tax	0	0	0	0
Net Income	446 000	−267 000	−1 216 000	−968 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 426 000	3 211 000	2 878 000	2 780 000
Total Current Assets	2 809 000	1 438 000	1 377 000	982 000
Total Assets	8 235 000	4 649 000	4 255 000	3 762 000
Total Retained Equity	−2 004 000	−2 450 000	−2 184 000	−968 000
Total Equity	2 581 000	425 000	691 000	−468 000
Total Long-Term Debt	2 958 000	2 979 000	2 943 000	3 757 000
Total Current Debt	2 696 000	1 246 000	620 000	473 000
Total Equity and Debt	8 235 000	4 649 000	4 255 000	3 762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 362 000	5 946 000	2 222 000	0
Other Income	0	0	0	0
Revenue	10 363 000	5 946 000	2 222 000	0
Cost of Goods Sold	4 000 000	3 476 000	1 466 000	0
Salary Costs	2 784 000	1 640 000	914 000	410 000
Depreciation	295 000	221 000	202 000	165 000
Impairment	0	0	0	0
Expenditure	9 713 000	6 082 000	3 193 000	746 000
Operating Profit	649 000	−136 000	−970 000	−746 000
Financial Income	48 000	9 000	2 000	11 000
Financial Costs	250 000	140 000	248 000	233 000
Financial Balance	−202 000	−131 000	−246 000	−222 000
Dividends	0	0	0	0
Net Income	446 000	−267 000	−1 216 000	−968 000

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	2 526 000	2 761 000	2 859 000	2 754 000
Fixtures	480 000	451 000	19 000	26 000
Total Tangible Assets	3 006 000	3 211 000	2 878 000	2 780 000
Total Fiancial Fixed Assets	2 420 000	0	0	0
Total Fixed Assets	5 426 000	3 211 000	2 878 000	2 780 000
Stock	1 125 000	403 000	95 000	220 000
Total Investments	0	0	0	0
Cash, Bank	1 044 000	409 000	994 000	74 000
Total Current Assets	2 809 000	1 438 000	1 377 000	982 000
Total Assets	8 235 000	4 649 000	4 255 000	3 762 000
Total Equity	2 581 000	425 000	691 000	−468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 958 000	2 979 000	2 943 000	3 757 000
Creditors	1 306 000	409 000	384 000	351 000
Unpaid Taxes	182 000	316 000	131 000	49 000
Dividends	0	0	0	0
Other Current Debt	1 208 000	521 000	105 000	73 000
Total Current Debt	2 696 000	1 246 000	620 000	473 000
Total Equity and Debt	8 235 000	4 649 000	4 255 000	3 762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,28 %	−62,82 %	−175,98 %	206,84 %
Debt-to-Equity Ratio	1,15	7,01	4,26	−8,03
Operating Profit Margin	6,26 %	−2,29 %	−43,65 %	-
Current Ratio	1,04	1,15	2,22	2,08
Quick Ratio	1,79	1,71	2,62	3,88
Equity Ratio	0,31	0,09	0,16	−0,12
Gross Profit Margin	61,4 %	41,54 %	34,02 %	-