TANKSERVICE AS

1814 ASKIM

Finances

Share Ownership

Return on Equity

22,73 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 796 000	6 200 000	5 868 000	5 992 000
Net Income	546 000	229 000	222 000	457 000
Total Assets	4 240 000	2 938 000	2 501 000	2 400 000
Total Equity	2 402 000	1 856 000	1 627 000	1 406 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 796 000	6 200 000	5 868 000	5 992 000
Expenditure	7 086 000	5 908 000	5 583 000	5 403 000
Operating Profit	709 000	293 000	284 000	590 000
Financial Income	0	0	10 000	10 000
Financial Costs	9 000	0	10 000	13 000
Financial Balance	−9 000	0	0	−3 000
Earnings Before Tax	700 000	293 000	284 000	587 000
Tax	154 000	65 000	63 000	129 000
Net Income	546 000	229 000	222 000	457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	74 000	78 000	147 000
Total Current Assets	4 123 000	2 864 000	2 423 000	2 253 000
Total Assets	4 240 000	2 938 000	2 501 000	2 400 000
Total Retained Equity	2 252 000	1 706 000	1 477 000	1 256 000
Total Equity	2 402 000	1 856 000	1 627 000	1 406 000
Total Long-Term Debt	0	0	7 000	82 000
Total Current Debt	1 837 000	1 082 000	867 000	912 000
Total Equity and Debt	4 240 000	2 938 000	2 501 000	2 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 796 000	6 200 000	5 868 000	5 992 000
Other Income	0	0	0	0
Revenue	7 796 000	6 200 000	5 868 000	5 992 000
Cost of Goods Sold	1 234 000	1 276 000	1 434 000	1 169 000
Salary Costs	3 316 000	2 583 000	2 278 000	2 167 000
Depreciation	34 000	24 000	102 000	117 000
Impairment	0	0	0	0
Expenditure	7 086 000	5 908 000	5 583 000	5 403 000
Operating Profit	709 000	293 000	284 000	590 000
Financial Income	0	0	10 000	10 000
Financial Costs	9 000	0	10 000	13 000
Financial Balance	−9 000	0	0	−3 000
Dividends	0	0	0	0
Net Income	546 000	229 000	222 000	457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	20 000	24 000	12 000
Real Eastate	68 000	0	0	0
Machinery and Plant Facilities	0	0	0	14 000
Fixtures	28 000	55 000	54 000	122 000
Total Tangible Assets	96 000	55 000	54 000	136 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	116 000	74 000	78 000	147 000
Stock	2 150 000	1 953 000	1 502 000	1 218 000
Total Investments	0	0	0	0
Cash, Bank	867 000	204 000	214 000	342 000
Total Current Assets	4 123 000	2 864 000	2 423 000	2 253 000
Total Assets	4 240 000	2 938 000	2 501 000	2 400 000
Total Equity	2 402 000	1 856 000	1 627 000	1 406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	82 000
Creditors	1 092 000	430 000	182 000	127 000
Unpaid Taxes	263 000	202 000	260 000	294 000
Dividends	0	0	0	0
Other Current Debt	327 000	389 000	349 000	348 000
Total Current Debt	1 837 000	1 082 000	867 000	912 000
Total Equity and Debt	4 240 000	2 938 000	2 501 000	2 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,73 %	12,34 %	13,64 %	32,5 %
Debt-to-Equity Ratio	0	0	0	0,06
Operating Profit Margin	9,09 %	4,73 %	4,84 %	9,85 %
Current Ratio	2,24	2,65	2,79	2,47
Quick Ratio	−13,17	−3,29	−3,82	−7,36
Equity Ratio	0,57	0,63	0,65	0,59
Gross Profit Margin	84,17 %	79,42 %	75,56 %	80,49 %