Tig Weld A/S

1480 SLATTUM

Finances

Share Ownership

Return on Equity

14,59 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 740 000	8 934 000	9 880 000	8 302 000
Net Income	157 000	637 000	1 100 000	399 000
Total Assets	2 533 000	3 276 000	3 224 000	2 504 000
Total Equity	1 076 000	1 119 000	782 000	482 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 740 000	8 934 000	9 880 000	8 302 000
Expenditure	7 520 000	8 107 000	8 406 000	7 705 000
Operating Profit	230 000	851 000	1 442 000	471 000
Financial Income	1 000	1 000	8 000	2 000
Financial Costs	18 000	15 000	40 000	30 000
Financial Balance	−17 000	−14 000	−32 000	−28 000
Earnings Before Tax	213 000	837 000	1 410 000	442 000
Tax	57 000	200 000	310 000	43 000
Net Income	157 000	637 000	1 100 000	399 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	156 000	93 000	0
Total Current Assets	2 476 000	3 119 000	3 131 000	2 504 000
Total Assets	2 533 000	3 276 000	3 224 000	2 504 000
Total Retained Equity	976 000	1 019 000	682 000	382 000
Total Equity	1 076 000	1 119 000	782 000	482 000
Total Long-Term Debt	0	0	0	26 000
Total Current Debt	1 457 000	2 156 000	2 443 000	1 996 000
Total Equity and Debt	2 533 000	3 276 000	3 224 000	2 504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 712 000	8 895 000	10 040 000	8 172 000
Other Income	29 000	39 000	−159 000	130 000
Revenue	7 740 000	8 934 000	9 880 000	8 302 000
Cost of Goods Sold	2 249 000	2 698 000	3 019 000	3 001 000
Salary Costs	3 941 000	4 052 000	3 938 000	3 500 000
Depreciation	99 000	91 000	47 000	0
Impairment	0	0	0	0
Expenditure	7 520 000	8 107 000	8 406 000	7 705 000
Operating Profit	230 000	851 000	1 442 000	471 000
Financial Income	1 000	1 000	8 000	2 000
Financial Costs	18 000	15 000	40 000	30 000
Financial Balance	−17 000	−14 000	−32 000	−28 000
Dividends	200 000	300 000	800 000	150 000
Net Income	157 000	637 000	1 100 000	399 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	156 000	93 000	0
Total Tangible Assets	57 000	156 000	93 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 000	156 000	93 000	0
Stock	72 000	63 000	39 000	72 000
Total Investments	0	0	0	0
Cash, Bank	874 000	1 779 000	1 407 000	363 000
Total Current Assets	2 476 000	3 119 000	3 131 000	2 504 000
Total Assets	2 533 000	3 276 000	3 224 000	2 504 000
Total Equity	1 076 000	1 119 000	782 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	26 000
Creditors	341 000	778 000	168 000	519 000
Unpaid Taxes	538 000	455 000	682 000	517 000
Dividends	200 000	300 000	800 000	150 000
Other Current Debt	321 000	424 000	483 000	766 000
Total Current Debt	1 457 000	2 156 000	2 443 000	1 996 000
Total Equity and Debt	2 533 000	3 276 000	3 224 000	2 504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,59 %	56,93 %	140,66 %	82,78 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	2,97 %	9,53 %	14,6 %	5,67 %
Current Ratio	1,7	1,45	1,28	1,25
Quick Ratio	1,79	1,49	1,3	1,3
Equity Ratio	0,42	0,34	0,24	0,19
Gross Profit Margin	70,94 %	69,8 %	69,44 %	63,85 %