TJ UTVIKLING AS

9537 TVERRELVDALEN

Finances

Share Ownership

Return on Equity

55,56 %

Current Ratio

2,04

Debt-to-Equity Ratio

4,03

Key figures (NOK)	2022	2021	2020
Revenue	1 454 000	1 096 000	655 000
Net Income	125 000	−117 000	186 000
Total Assets	1 370 000	293 000	497 000
Total Equity	225 000	99 000	216 000

Income (NOK)	2022	2021	2020
Revenue	1 454 000	1 096 000	655 000
Expenditure	1 303 000	1 194 000	417 000
Operating Profit	152 000	−98 000	239 000
Financial Income	0	0	0
Financial Costs	23 000	19 000	0
Financial Balance	−23 000	−19 000	0
Earnings Before Tax	129 000	−118 000	238 000
Tax	4 000	−1 000	52 000
Net Income	125 000	−117 000	186 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	881 000	25 000	0
Total Current Assets	489 000	268 000	497 000
Total Assets	1 370 000	293 000	497 000
Total Retained Equity	195 000	69 000	186 000
Total Equity	225 000	99 000	216 000
Total Long-Term Debt	906 000	0	1 000
Total Current Debt	240 000	193 000	280 000
Total Equity and Debt	1 370 000	293 000	497 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 454 000	1 096 000	655 000
Other Income	0	0	0
Revenue	1 454 000	1 096 000	655 000
Cost of Goods Sold	0	43 000	0
Salary Costs	1 056 000	850 000	356 000
Depreciation	55 000	5 000	0
Impairment	0	0	0
Expenditure	1 303 000	1 194 000	417 000
Operating Profit	152 000	−98 000	239 000
Financial Income	0	0	0
Financial Costs	23 000	19 000	0
Financial Balance	−23 000	−19 000	0
Dividends	0	0	0
Net Income	125 000	−117 000	186 000

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	881 000	25 000	0
Total Tangible Assets	881 000	25 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	881 000	25 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	258 000	264 000	175 000
Total Current Assets	489 000	268 000	497 000
Total Assets	1 370 000	293 000	497 000
Total Equity	225 000	99 000	216 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	906 000	0	1 000
Creditors	27 000	25 000	4 000
Unpaid Taxes	107 000	75 000	71 000
Dividends	0	0	0
Other Current Debt	106 000	93 000	154 000
Total Current Debt	240 000	193 000	280 000
Total Equity and Debt	1 370 000	293 000	497 000

Financial indicators	2022	2021	2020
Return on Equity	55,56 %	−118,18 %	86,11 %
Debt-to-Equity Ratio	4,03	0	0
Operating Profit Margin	10,45 %	−8,94 %	36,49 %
Current Ratio	2,04	1,39	1,78
Quick Ratio	2,04	1,39	1,78
Equity Ratio	0,16	0,34	0,43
Gross Profit Margin	100 %	96,08 %	100 %