TT UTVIKLING AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−271,88 %

Current Ratio

8,67

Debt-to-Equity Ratio

147,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	156 000	154 000	156 000	10 000
Net Income	−87 000	−33 000	−31 000	−11 000
Total Assets	4 770 000	4 739 000	4 764 000	4 698 000
Total Equity	32 000	119 000	152 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	156 000	154 000	156 000	10 000
Expenditure	50 000	50 000	41 000	6 000
Operating Profit	106 000	104 000	115 000	4 000
Financial Income	0	0	0	0
Financial Costs	192 000	138 000	146 000	15 000
Financial Balance	−192 000	−138 000	−146 000	−15 000
Earnings Before Tax	−87 000	−33 000	−31 000	−11 000
Tax	0	0	0	0
Net Income	−87 000	−33 000	−31 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 614 000	4 614 000	4 614 000	4 614 000
Total Current Assets	156 000	125 000	151 000	85 000
Total Assets	4 770 000	4 739 000	4 764 000	4 698 000
Total Retained Equity	−162 000	−76 000	−42 000	−11 000
Total Equity	32 000	119 000	152 000	183 000
Total Long-Term Debt	4 719 000	4 609 000	4 602 000	4 500 000
Total Current Debt	18 000	12 000	11 000	15 000
Total Equity and Debt	4 770 000	4 739 000	4 764 000	4 698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	156 000	154 000	156 000	10 000
Revenue	156 000	154 000	156 000	10 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	50 000	50 000	41 000	6 000
Operating Profit	106 000	104 000	115 000	4 000
Financial Income	0	0	0	0
Financial Costs	192 000	138 000	146 000	15 000
Financial Balance	−192 000	−138 000	−146 000	−15 000
Dividends	0	0	0	0
Net Income	−87 000	−33 000	−31 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 614 000	4 614 000	4 614 000	4 614 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 614 000	4 614 000	4 614 000	4 614 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 614 000	4 614 000	4 614 000	4 614 000
Stock	125 000	125 000	6 000	0
Total Investments	0	0	0	0
Cash, Bank	31 000	0	144 000	85 000
Total Current Assets	156 000	125 000	151 000	85 000
Total Assets	4 770 000	4 739 000	4 764 000	4 698 000
Total Equity	32 000	119 000	152 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 719 000	4 609 000	4 602 000	4 500 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	12 000	11 000	15 000
Total Current Debt	18 000	12 000	11 000	15 000
Total Equity and Debt	4 770 000	4 739 000	4 764 000	4 698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−271,88 %	−27,73 %	−20,39 %	−6,01 %
Debt-to-Equity Ratio	147,47	38,73	30,28	24,59
Operating Profit Margin	67,95 %	67,53 %	73,72 %	40 %
Current Ratio	8,67	10,42	13,73	5,67
Quick Ratio	−1,46	−1,11	30,2	5,67
Equity Ratio	0,01	0,03	0,03	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %