Tingnes Sag og Høvleri A/S

2900 FAGERNES

Finances

Share Ownership

Return on Equity

28,42 %

Current Ratio

21,62

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 235 000	1 231 000	860 000	726 000
Net Income	501 000	306 000	44 000	−33 000
Total Assets	2 309 000	1 985 000	1 764 000	2 095 000
Total Equity	1 763 000	1 262 000	956 000	912 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 235 000	1 231 000	860 000	726 000
Expenditure	743 000	931 000	824 000	767 000
Operating Profit	493 000	299 000	35 000	−42 000
Financial Income	8 000	7 000	9 000	9 000
Financial Costs	0	0	0	0
Financial Balance	8 000	7 000	9 000	9 000
Earnings Before Tax	501 000	306 000	44 000	−33 000
Tax	0	0	0	0
Net Income	501 000	306 000	44 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	211 000	272 000	398 000	441 000
Total Current Assets	2 097 000	1 713 000	1 366 000	1 654 000
Total Assets	2 309 000	1 985 000	1 764 000	2 095 000
Total Retained Equity	63 000	−438 000	−744 000	−788 000
Total Equity	1 763 000	1 262 000	956 000	912 000
Total Long-Term Debt	448 000	538 000	624 000	0
Total Current Debt	97 000	185 000	184 000	1 183 000
Total Equity and Debt	2 309 000	1 985 000	1 764 000	2 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	758 000	777 000	416 000	214 000
Other Income	477 000	454 000	444 000	512 000
Revenue	1 235 000	1 231 000	860 000	726 000
Cost of Goods Sold	337 000	407 000	183 000	60 000
Salary Costs	139 000	112 000	104 000	238 000
Depreciation	61 000	77 000	86 000	86 000
Impairment	0	0	0	0
Expenditure	743 000	931 000	824 000	767 000
Operating Profit	493 000	299 000	35 000	−42 000
Financial Income	8 000	7 000	9 000	9 000
Financial Costs	0	0	0	0
Financial Balance	8 000	7 000	9 000	9 000
Dividends	0	0	0	0
Net Income	501 000	306 000	44 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	146 000	194 000	248 000	266 000
Machinery and Plant Facilities	65 000	78 000	150 000	175 000
Fixtures	0	0	0	0
Total Tangible Assets	211 000	272 000	398 000	441 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	211 000	272 000	398 000	441 000
Stock	78 000	66 000	52 000	44 000
Total Investments	0	0	0	0
Cash, Bank	1 918 000	1 572 000	1 263 000	1 029 000
Total Current Assets	2 097 000	1 713 000	1 366 000	1 654 000
Total Assets	2 309 000	1 985 000	1 764 000	2 095 000
Total Equity	1 763 000	1 262 000	956 000	912 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	448 000	538 000	624 000	0
Creditors	37 000	15 000	22 000	401 000
Unpaid Taxes	47 000	153 000	141 000	6 000
Dividends	0	0	0	0
Other Current Debt	14 000	16 000	21 000	776 000
Total Current Debt	97 000	185 000	184 000	1 183 000
Total Equity and Debt	2 309 000	1 985 000	1 764 000	2 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,42 %	24,25 %	4,6 %	−3,62 %
Debt-to-Equity Ratio	0,25	0,43	0,65	0
Operating Profit Margin	39,92 %	24,29 %	4,07 %	−5,79 %
Current Ratio	21,62	9,26	7,42	1,4
Quick Ratio	110,37	14,39	10,35	1,45
Equity Ratio	0,76	0,64	0,54	0,44
Gross Profit Margin	72,71 %	66,94 %	78,72 %	91,74 %