TARGA AUTO AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

58,58 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 072 000	30 500 000	29 897 000	12 578 000
Net Income	717 000	−412 000	65 000	354 000
Total Assets	6 512 000	7 499 000	6 559 000	10 086 000
Total Equity	1 224 000	507 000	919 000	854 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 072 000	30 500 000	29 897 000	12 578 000
Expenditure	44 035 000	30 935 000	29 748 000	12 125 000
Operating Profit	1 037 000	−436 000	148 000	454 000
Financial Income	0	0	0	0
Financial Costs	140 000	92 000	65 000	0
Financial Balance	−140 000	−92 000	−65 000	0
Earnings Before Tax	896 000	−528 000	83 000	454 000
Tax	180 000	−116 000	18 000	100 000
Net Income	717 000	−412 000	65 000	354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	436 000	288 000	170 000
Total Current Assets	6 291 000	7 062 000	6 271 000	9 916 000
Total Assets	6 512 000	7 499 000	6 559 000	10 086 000
Total Retained Equity	724 000	7 000	419 000	354 000
Total Equity	1 224 000	507 000	919 000	854 000
Total Long-Term Debt	636 000	850 000	0	7 000
Total Current Debt	4 652 000	6 142 000	5 640 000	9 226 000
Total Equity and Debt	6 512 000	7 499 000	6 559 000	10 086 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 947 000	30 496 000	29 897 000	12 578 000
Other Income	125 000	3 000	0	0
Revenue	45 072 000	30 500 000	29 897 000	12 578 000
Cost of Goods Sold	41 592 000	28 565 000	27 628 000	11 889 000
Salary Costs	961 000	927 000	507 000	1 000
Depreciation	135 000	73 000	73 000	5 000
Impairment	0	0	0	0
Expenditure	44 035 000	30 935 000	29 748 000	12 125 000
Operating Profit	1 037 000	−436 000	148 000	454 000
Financial Income	0	0	0	0
Financial Costs	140 000	92 000	65 000	0
Financial Balance	−140 000	−92 000	−65 000	0
Dividends	0	0	0	0
Net Income	717 000	−412 000	65 000	354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	116 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	201 000	320 000	288 000	170 000
Total Tangible Assets	201 000	320 000	288 000	170 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	221 000	436 000	288 000	170 000
Stock	6 153 000	6 430 000	5 865 000	3 018 000
Total Investments	0	0	0	0
Cash, Bank	38 000	23 000	147 000	243 000
Total Current Assets	6 291 000	7 062 000	6 271 000	9 916 000
Total Assets	6 512 000	7 499 000	6 559 000	10 086 000
Total Equity	1 224 000	507 000	919 000	854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	636 000	850 000	0	7 000
Creditors	2 964 000	3 741 000	3 548 000	8 879 000
Unpaid Taxes	232 000	62 000	32 000	0
Dividends	0	0	0	0
Other Current Debt	90 000	2 338 000	2 036 000	254 000
Total Current Debt	4 652 000	6 142 000	5 640 000	9 226 000
Total Equity and Debt	6 512 000	7 499 000	6 559 000	10 086 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,58 %	−81,26 %	7,07 %	41,45 %
Debt-to-Equity Ratio	0,52	1,68	0	0,01
Operating Profit Margin	2,3 %	−1,43 %	0,5 %	3,61 %
Current Ratio	1,35	1,15	1,11	1,07
Quick Ratio	−4,19	−24,52	−27,87	1,6
Equity Ratio	0,19	0,07	0,14	0,08
Gross Profit Margin	7,72 %	6,34 %	7,59 %	5,48 %