TT FINANS OG FORSIKRING AS

8515 NARVIK

Finances

Share Ownership

Return on Equity

−0,7 %

Current Ratio

4,92

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	458 000	22 000	518 000	260 000
Net Income	−11 000	11 000	9 000	6 000
Total Assets	1 988 000	95 000	128 000	70 000
Total Equity	1 565 000	51 000	40 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	458 000	22 000	518 000	260 000
Expenditure	460 000	8 000	504 000	253 000
Operating Profit	−2 000	14 000	14 000	8 000
Financial Income	2 000	0	0	0
Financial Costs	3 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Earnings Before Tax	−3 000	14 000	12 000	8 000
Tax	8 000	4 000	3 000	2 000
Net Income	−11 000	11 000	9 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 988 000	95 000	128 000	70 000
Total Assets	1 988 000	95 000	128 000	70 000
Total Retained Equity	15 000	26 000	15 000	6 000
Total Equity	1 565 000	51 000	40 000	30 000
Total Long-Term Debt	20 000	11 000	11 000	−4 000
Total Current Debt	404 000	34 000	77 000	44 000
Total Equity and Debt	1 988 000	95 000	128 000	70 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	440 000	22 000	518 000	260 000
Other Income	18 000	0	0	0
Revenue	458 000	22 000	518 000	260 000
Cost of Goods Sold	0	0	0	0
Salary Costs	77 000	0	252 000	197 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	460 000	8 000	504 000	253 000
Operating Profit	−2 000	14 000	14 000	8 000
Financial Income	2 000	0	0	0
Financial Costs	3 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Dividends	0	0	0	0
Net Income	−11 000	11 000	9 000	6 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	2 000	1 000	17 000
Total Current Assets	1 988 000	95 000	128 000	70 000
Total Assets	1 988 000	95 000	128 000	70 000
Total Equity	1 565 000	51 000	40 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	11 000	11 000	−4 000
Creditors	322 000	1 000	0	0
Unpaid Taxes	12 000	0	0	20 000
Dividends	0	0	0	0
Other Current Debt	61 000	26 000	75 000	22 000
Total Current Debt	404 000	34 000	77 000	44 000
Total Equity and Debt	1 988 000	95 000	128 000	70 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,7 %	21,57 %	22,5 %	20 %
Debt-to-Equity Ratio	0,01	0,22	0,28	−0,13
Operating Profit Margin	−0,44 %	63,64 %	2,7 %	3,08 %
Current Ratio	4,92	2,79	1,66	1,59
Quick Ratio	4,92	2,79	1,66	1,59
Equity Ratio	0,79	0,54	0,31	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %