TROPICAL VIBES AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

45,48 %

Current Ratio

Debt-to-Equity Ratio

−1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 086 000	1 361 000	677 000	281 000
Net Income	−156 000	94 000	−105 000	−220 000
Total Assets	510 000	726 000	695 000	722 000
Total Equity	−343 000	−188 000	−281 000	−176 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 086 000	1 361 000	677 000	281 000
Expenditure	1 227 000	1 255 000	764 000	488 000
Operating Profit	−141 000	105 000	−87 000	−206 000
Financial Income	0	3 000	0	2 000
Financial Costs	15 000	14 000	19 000	17 000
Financial Balance	−15 000	−11 000	−19 000	−15 000
Earnings Before Tax	−156 000	94 000	−105 000	−220 000
Tax	0	0	0	0
Net Income	−156 000	94 000	−105 000	−220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	130 000	196 000	221 000
Total Current Assets	434 000	595 000	500 000	501 000
Total Assets	510 000	726 000	695 000	722 000
Total Retained Equity	−388 000	−232 000	−326 000	−220 000
Total Equity	−343 000	−188 000	−281 000	−176 000
Total Long-Term Debt	421 000	608 000	646 000	683 000
Total Current Debt	433 000	305 000	331 000	216 000
Total Equity and Debt	510 000	726 000	695 000	722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	920 000	1 351 000	677 000	251 000
Other Income	166 000	10 000	0	30 000
Revenue	1 086 000	1 361 000	677 000	281 000
Cost of Goods Sold	185 000	348 000	162 000	131 000
Salary Costs	385 000	288 000	186 000	2 000
Depreciation	99 000	65 000	65 000	39 000
Impairment	0	0	0	0
Expenditure	1 227 000	1 255 000	764 000	488 000
Operating Profit	−141 000	105 000	−87 000	−206 000
Financial Income	0	3 000	0	2 000
Financial Costs	15 000	14 000	19 000	17 000
Financial Balance	−15 000	−11 000	−19 000	−15 000
Dividends	0	0	0	0
Net Income	−156 000	94 000	−105 000	−220 000

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	77 000	130 000	196 000	221 000
Total Tangible Assets	77 000	130 000	196 000	221 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	77 000	130 000	196 000	221 000
Stock	366 000	386 000	393 000	384 000
Total Investments	0	0	0	0
Cash, Bank	38 000	154 000	68 000	33 000
Total Current Assets	434 000	595 000	500 000	501 000
Total Assets	510 000	726 000	695 000	722 000
Total Equity	−343 000	−188 000	−281 000	−176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	421 000	608 000	646 000	683 000
Creditors	39 000	52 000	46 000	24 000
Unpaid Taxes	18 000	41 000	25 000	0
Dividends	0	0	0	0
Other Current Debt	376 000	212 000	259 000	192 000
Total Current Debt	433 000	305 000	331 000	216 000
Total Equity and Debt	510 000	726 000	695 000	722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,48 %	−50 %	37,37 %	125 %
Debt-to-Equity Ratio	−1,23	−3,23	−2,3	−3,88
Operating Profit Margin	−12,98 %	7,71 %	−12,85 %	−73,31 %
Current Ratio	1	1,95	1,51	2,32
Quick Ratio	6,48	−7,35	−8,06	−2,98
Equity Ratio	−0,67	−0,26	−0,4	−0,24
Gross Profit Margin	82,97 %	74,43 %	76,07 %	53,38 %