J. TUFTELAND AS

5411 STORD

Finances

Return on Equity

−55,65 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 817 000	8 540 000	6 161 000	7 434 000
Net Income	−69 000	993 000	597 000	1 116 000
Total Assets	367 000	2 988 000	2 601 000	2 637 000
Total Equity	124 000	193 000	201 000	193 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 817 000	8 540 000	6 161 000	7 434 000
Expenditure	2 901 000	7 268 000	5 412 000	6 016 000
Operating Profit	−83 000	1 272 000	749 000	1 420 000
Financial Income	14 000	3 000	7 000	12 000
Financial Costs	1 000	4 000	6 000	4 000
Financial Balance	13 000	−1 000	1 000	8 000
Earnings Before Tax	−69 000	1 271 000	749 000	1 427 000
Tax	0	279 000	152 000	311 000
Net Income	−69 000	993 000	597 000	1 116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	129 000	121 000	98 000
Total Current Assets	313 000	2 860 000	2 481 000	2 539 000
Total Assets	367 000	2 988 000	2 601 000	2 637 000
Total Retained Equity	−68 000	1 000	9 000	1 000
Total Equity	124 000	193 000	201 000	193 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	243 000	2 795 000	2 401 000	2 443 000
Total Equity and Debt	367 000	2 988 000	2 601 000	2 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 691 000	8 540 000	6 107 000	7 434 000
Other Income	127 000	0	54 000	0
Revenue	2 817 000	8 540 000	6 161 000	7 434 000
Cost of Goods Sold	768 000	1 472 000	879 000	821 000
Salary Costs	1 263 000	4 532 000	3 460 000	3 833 000
Depreciation	51 000	38 000	31 000	40 000
Impairment	0	0	0	0
Expenditure	2 901 000	7 268 000	5 412 000	6 016 000
Operating Profit	−83 000	1 272 000	749 000	1 420 000
Financial Income	14 000	3 000	7 000	12 000
Financial Costs	1 000	4 000	6 000	4 000
Financial Balance	13 000	−1 000	1 000	8 000
Dividends	0	1 000 000	590 000	1 115 000
Net Income	−69 000	993 000	597 000	1 116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	11 000	18 000	0
Real Eastate	0	12 000	21 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	81 000	57 000	73 000
Total Tangible Assets	0	93 000	78 000	73 000
Total Fiancial Fixed Assets	54 000	25 000	25 000	25 000
Total Fixed Assets	54 000	129 000	121 000	98 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	1 273 000	497 000	534 000
Total Current Assets	313 000	2 860 000	2 481 000	2 539 000
Total Assets	367 000	2 988 000	2 601 000	2 637 000
Total Equity	124 000	193 000	201 000	193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	237 000	632 000	143 000	147 000
Unpaid Taxes	6 000	412 000	714 000	440 000
Dividends	0	1 000 000	590 000	1 115 000
Other Current Debt	0	472 000	802 000	432 000
Total Current Debt	243 000	2 795 000	2 401 000	2 443 000
Total Equity and Debt	367 000	2 988 000	2 601 000	2 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,65 %	514,51 %	297,01 %	578,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,95 %	14,89 %	12,16 %	19,1 %
Current Ratio	1,29	1,02	1,03	1,04
Quick Ratio	1,29	1,02	1,03	1,04
Equity Ratio	0,34	0,06	0,08	0,07
Gross Profit Margin	72,74 %	82,76 %	85,73 %	88,96 %