TØMRER MORTEN KVÅLE AS

4262 AVALDSNES

Finances

Return on Equity

−45,98 %

Current Ratio

5,25

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	907 000	613 000	3 175 000	5 252 000
Net Income	−280 000	3 000	−252 000	1 108 000
Total Assets	1 675 000	2 142 000	1 361 000	2 843 000
Total Equity	609 000	890 000	886 000	1 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	907 000	613 000	3 175 000	5 252 000
Expenditure	1 174 000	1 075 000	3 492 000	3 827 000
Operating Profit	−352 000	13 000	−317 000	1 424 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	3 000	0
Financial Balance	0	−7 000	−3 000	0
Earnings Before Tax	−352 000	6 000	−320 000	1 424 000
Tax	−72 000	3 000	−68 000	316 000
Net Income	−280 000	3 000	−252 000	1 108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	279 000	227 000	250 000	200 000
Total Current Assets	1 396 000	1 914 000	1 111 000	2 643 000
Total Assets	1 675 000	2 142 000	1 361 000	2 843 000
Total Retained Equity	579 000	860 000	856 000	1 108 000
Total Equity	609 000	890 000	886 000	1 138 000
Total Long-Term Debt	800 000	800 000	0	625 000
Total Current Debt	266 000	452 000	474 000	1 079 000
Total Equity and Debt	1 675 000	2 142 000	1 361 000	2 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	907 000	613 000	3 175 000	5 252 000
Other Income	0	0	0	0
Revenue	907 000	613 000	3 175 000	5 252 000
Cost of Goods Sold	136 000	596 000	1 175 000	2 427 000
Salary Costs	758 000	260 000	2 113 000	1 185 000
Depreciation	20 000	20 000	15 000	0
Impairment	0	0	0	0
Expenditure	1 174 000	1 075 000	3 492 000	3 827 000
Operating Profit	−352 000	13 000	−317 000	1 424 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	3 000	0
Financial Balance	0	−7 000	−3 000	0
Dividends	0	0	0	0
Net Income	−280 000	3 000	−252 000	1 108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	3 000	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	25 000	44 000	0
Fixtures	0	0	0	0
Total Tangible Assets	5 000	25 000	44 000	0
Total Fiancial Fixed Assets	200 000	200 000	200 000	200 000
Total Fixed Assets	279 000	227 000	250 000	200 000
Stock	1 029 000	1 137 000	0	0
Total Investments	0	0	0	0
Cash, Bank	76 000	142 000	174 000	768 000
Total Current Assets	1 396 000	1 914 000	1 111 000	2 643 000
Total Assets	1 675 000	2 142 000	1 361 000	2 843 000
Total Equity	609 000	890 000	886 000	1 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	800 000	800 000	0	625 000
Creditors	82 000	28 000	0	515 000
Unpaid Taxes	67 000	99 000	161 000	52 000
Dividends	0	0	0	0
Other Current Debt	118 000	325 000	314 000	196 000
Total Current Debt	266 000	452 000	474 000	1 079 000
Total Equity and Debt	1 675 000	2 142 000	1 361 000	2 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,98 %	0,34 %	−28,44 %	97,36 %
Debt-to-Equity Ratio	1,31	0,9	0	0,55
Operating Profit Margin	−38,81 %	2,12 %	−9,98 %	27,11 %
Current Ratio	5,25	4,23	2,34	2,45
Quick Ratio	−1,83	−2,79	2,34	2,45
Equity Ratio	0,36	0,42	0,65	0,4
Gross Profit Margin	85,01 %	2,77 %	62,99 %	53,79 %