T.T.SERVICE A/S

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−56,15 %

Current Ratio

2,24

Debt-to-Equity Ratio

2,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 562 000	11 504 000	10 101 000	6 460 000
Net Income	−306 000	490 000	557 000	−129 000
Total Assets	3 181 000	3 093 000	2 791 000	2 880 000
Total Equity	545 000	558 000	68 000	−490 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 562 000	11 504 000	10 101 000	6 460 000
Expenditure	7 957 000	10 865 000	9 375 000	6 602 000
Operating Profit	−395 000	638 000	725 000	−141 000
Financial Income	0	0	2 000	0
Financial Costs	8 000	10 000	12 000	24 000
Financial Balance	−8 000	−10 000	−10 000	−24 000
Earnings Before Tax	−403 000	629 000	714 000	−165 000
Tax	−97 000	138 000	157 000	−36 000
Net Income	−306 000	490 000	557 000	−129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	523 000	196 000	314 000	429 000
Total Current Assets	2 658 000	2 897 000	2 477 000	2 450 000
Total Assets	3 181 000	3 093 000	2 791 000	2 880 000
Total Retained Equity	445 000	458 000	−32 000	−590 000
Total Equity	545 000	558 000	68 000	−490 000
Total Long-Term Debt	1 451 000	1 172 000	1 230 000	1 487 000
Total Current Debt	1 184 000	1 363 000	1 493 000	1 882 000
Total Equity and Debt	3 181 000	3 093 000	2 791 000	2 880 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 562 000	11 504 000	10 101 000	6 460 000
Other Income	0	0	0	0
Revenue	7 562 000	11 504 000	10 101 000	6 460 000
Cost of Goods Sold	2 079 000	5 385 000	4 362 000	2 029 000
Salary Costs	4 471 000	4 125 000	3 851 000	3 408 000
Depreciation	63 000	66 000	62 000	47 000
Impairment	0	0	0	0
Expenditure	7 957 000	10 865 000	9 375 000	6 602 000
Operating Profit	−395 000	638 000	725 000	−141 000
Financial Income	0	0	2 000	0
Financial Costs	8 000	10 000	12 000	24 000
Financial Balance	−8 000	−10 000	−10 000	−24 000
Dividends	0	0	0	0
Net Income	−306 000	490 000	557 000	−129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	26 000	78 000	235 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	170 000	236 000	194 000
Total Tangible Assets	107 000	170 000	236 000	194 000
Total Fiancial Fixed Assets	376 000	0	0	0
Total Fixed Assets	523 000	196 000	314 000	429 000
Stock	72 000	46 000	151 000	179 000
Total Investments	0	0	0	0
Cash, Bank	407 000	1 569 000	847 000	857 000
Total Current Assets	2 658 000	2 897 000	2 477 000	2 450 000
Total Assets	3 181 000	3 093 000	2 791 000	2 880 000
Total Equity	545 000	558 000	68 000	−490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 451 000	1 172 000	1 230 000	1 487 000
Creditors	243 000	266 000	368 000	422 000
Unpaid Taxes	152 000	136 000	126 000	135 000
Dividends	0	0	0	0
Other Current Debt	789 000	874 000	999 000	1 325 000
Total Current Debt	1 184 000	1 363 000	1 493 000	1 882 000
Total Equity and Debt	3 181 000	3 093 000	2 791 000	2 880 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,15 %	87,81 %	819,12 %	26,33 %
Debt-to-Equity Ratio	2,66	2,1	18,09	−3,03
Operating Profit Margin	−5,22 %	5,55 %	7,18 %	−2,18 %
Current Ratio	2,24	2,13	1,66	1,3
Quick Ratio	2,39	2,2	1,85	1,44
Equity Ratio	0,17	0,18	0,02	−0,17
Gross Profit Margin	72,51 %	53,19 %	56,82 %	68,59 %