TONNING & EGELAND KVINESDAL AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

−7,5 %

Current Ratio

4,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	549 000	600 000	617 000	751 000
Net Income	−50 000	−98 000	−58 000	−176 000
Total Assets	878 000	900 000	937 000	985 000
Total Equity	667 000	718 000	816 000	874 000

Income (NOK)	2022	2021	2020	2019
Revenue	549 000	600 000	617 000	751 000
Expenditure	596 000	692 000	675 000	925 000
Operating Profit	−48 000	−93 000	−58 000	−174 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	6 000	0	3 000
Financial Balance	−3 000	−6 000	0	−2 000
Earnings Before Tax	−50 000	−98 000	−58 000	−176 000
Tax	0	0	0	0
Net Income	−50 000	−98 000	−58 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	878 000	900 000	937 000	985 000
Total Assets	878 000	900 000	937 000	985 000
Total Retained Equity	517 000	568 000	666 000	724 000
Total Equity	667 000	718 000	816 000	874 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	211 000	183 000	121 000	112 000
Total Equity and Debt	878 000	900 000	937 000	985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	549 000	600 000	617 000	751 000
Other Income	0	0	0	0
Revenue	549 000	600 000	617 000	751 000
Cost of Goods Sold	352 000	312 000	343 000	432 000
Salary Costs	74 000	189 000	160 000	295 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	596 000	692 000	675 000	925 000
Operating Profit	−48 000	−93 000	−58 000	−174 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	6 000	0	3 000
Financial Balance	−3 000	−6 000	0	−2 000
Dividends	0	0	0	0
Net Income	−50 000	−98 000	−58 000	−176 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	668 000	681 000	705 000	714 000
Total Investments	0	0	0	0
Cash, Bank	191 000	196 000	209 000	246 000
Total Current Assets	878 000	900 000	937 000	985 000
Total Assets	878 000	900 000	937 000	985 000
Total Equity	667 000	718 000	816 000	874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	65 000	22 000	48 000	40 000
Unpaid Taxes	30 000	36 000	36 000	35 000
Dividends	0	0	0	0
Other Current Debt	116 000	125 000	37 000	36 000
Total Current Debt	211 000	183 000	121 000	112 000
Total Equity and Debt	878 000	900 000	937 000	985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,5 %	−13,65 %	−7,11 %	−20,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,74 %	−15,5 %	−9,4 %	−23,17 %
Current Ratio	4,16	4,92	7,74	8,79
Quick Ratio	−1,92	−1,81	−1,6	−1,64
Equity Ratio	0,76	0,8	0,87	0,89
Gross Profit Margin	35,88 %	48 %	44,41 %	42,48 %