THE TAO AS

1466 STRØMMEN

Finances

Share Ownership

Return on Equity

−15,29 %

Current Ratio

13,61

Debt-to-Equity Ratio

4,19

Key figures (NOK)	2022	2021	2020
Revenue	390 000	475 000	294 000
Net Income	−26 000	38 000	158 000
Total Assets	928 000	770 000	421 000
Total Equity	170 000	197 000	159 000

Income (NOK)	2022	2021	2020
Revenue	390 000	475 000	294 000
Expenditure	416 000	437 000	135 000
Operating Profit	−26 000	38 000	158 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−26 000	38 000	158 000
Tax	0	0	0
Net Income	−26 000	38 000	158 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	303 000	396 000	0
Total Current Assets	626 000	374 000	421 000
Total Assets	928 000	770 000	421 000
Total Retained Equity	146 000	172 000	129 000
Total Equity	170 000	197 000	159 000
Total Long-Term Debt	713 000	492 000	78 000
Total Current Debt	46 000	81 000	185 000
Total Equity and Debt	928 000	770 000	421 000

Cash flow (NOK)	2022	2021	2020
Sales Income	390 000	475 000	245 000
Other Income	0	0	50 000
Revenue	390 000	475 000	294 000
Cost of Goods Sold	19 000	43 000	21 000
Salary Costs	0	0	0
Depreciation	93 000	70 000	0
Impairment	0	0	0
Expenditure	416 000	437 000	135 000
Operating Profit	−26 000	38 000	158 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−26 000	38 000	158 000

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	303 000	396 000	0
Total Tangible Assets	303 000	396 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	303 000	396 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	392 000	49 000	421 000
Total Current Assets	626 000	374 000	421 000
Total Assets	928 000	770 000	421 000
Total Equity	170 000	197 000	159 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	713 000	492 000	78 000
Creditors	0	0	0
Unpaid Taxes	44 000	80 000	50 000
Dividends	0	0	0
Other Current Debt	0	0	100 000
Total Current Debt	46 000	81 000	185 000
Total Equity and Debt	928 000	770 000	421 000

Financial indicators	2022	2021	2020
Return on Equity	−15,29 %	19,29 %	99,37 %
Debt-to-Equity Ratio	4,19	2,5	0,49
Operating Profit Margin	−6,67 %	8 %	53,74 %
Current Ratio	13,61	4,62	2,28
Quick Ratio	13,61	4,62	2,28
Equity Ratio	0,18	0,26	0,38
Gross Profit Margin	95,13 %	90,95 %	92,86 %