TGN ENERGY AS

3015 DRAMMEN

Finances

Return on Equity

72,03 %

Current Ratio

1,33

Debt-to-Equity Ratio

−2,21

Key figures (NOK)	2022	2021	2020
Revenue	25 785 000	1 618 000	53 000
Net Income	−1 738 000	−1 612 000	−1 230 000
Total Assets	11 807 000	7 062 000	743 000
Total Equity	−2 413 000	−1 342 000	270 000

Income (NOK)	2022	2021	2020
Revenue	25 785 000	1 618 000	53 000
Expenditure	27 407 000	3 116 000	1 279 000
Operating Profit	−1 622 000	−1 498 000	−1 227 000
Financial Income	1 000	53 000	0
Financial Costs	117 000	166 000	4 000
Financial Balance	−116 000	−113 000	−4 000
Earnings Before Tax	−1 738 000	−1 612 000	−1 230 000
Tax	0	0	0
Net Income	−1 738 000	−1 612 000	−1 230 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	62 000	62 000
Total Current Assets	11 807 000	7 000 000	681 000
Total Assets	11 807 000	7 062 000	743 000
Total Retained Equity	−4 580 000	−2 842 000	−1 230 000
Total Equity	−2 413 000	−1 342 000	270 000
Total Long-Term Debt	5 342 000	4 000 000	0
Total Current Debt	8 879 000	4 404 000	473 000
Total Equity and Debt	11 807 000	7 062 000	743 000

Cash flow (NOK)	2022	2021	2020
Sales Income	25 785 000	1 618 000	53 000
Other Income	0	0	0
Revenue	25 785 000	1 618 000	53 000
Cost of Goods Sold	20 733 000	1 206 000	0
Salary Costs	814 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	27 407 000	3 116 000	1 279 000
Operating Profit	−1 622 000	−1 498 000	−1 227 000
Financial Income	1 000	53 000	0
Financial Costs	117 000	166 000	4 000
Financial Balance	−116 000	−113 000	−4 000
Dividends	0	0	0
Net Income	−1 738 000	−1 612 000	−1 230 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	62 000	62 000
Total Fixed Assets	0	62 000	62 000
Stock	250 000	3 109 000	0
Total Investments	0	0	0
Cash, Bank	4 285 000	2 204 000	86 000
Total Current Assets	11 807 000	7 000 000	681 000
Total Assets	11 807 000	7 062 000	743 000
Total Equity	−2 413 000	−1 342 000	270 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	5 342 000	4 000 000	0
Creditors	6 461 000	900 000	473 000
Unpaid Taxes	281 000	254 000	0
Dividends	0	0	0
Other Current Debt	2 138 000	3 251 000	0
Total Current Debt	8 879 000	4 404 000	473 000
Total Equity and Debt	11 807 000	7 062 000	743 000

Financial indicators	2022	2021	2020
Return on Equity	72,03 %	120,12 %	−455,56 %
Debt-to-Equity Ratio	−2,21	−2,98	0
Operating Profit Margin	−6,29 %	−92,58 %	−2 315,09 %
Current Ratio	1,33	1,59	1,44
Quick Ratio	1,37	5,41	1,44
Equity Ratio	−0,2	−0,19	0,36
Gross Profit Margin	19,59 %	25,46 %	100 %