TUNGLAND EIENDOM AS

5519 HAUGESUND

Finances

Share Ownership

Return on Equity

1,19 %

Current Ratio

325,8

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	516 000	336 000	336 000
Net Income	131 000	517 000	1 583 000	957 000
Total Assets	11 162 000	11 684 000	12 364 000	10 677 000
Total Equity	10 991 000	10 860 000	11 043 000	9 859 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	516 000	336 000	336 000
Expenditure	272 000	551 000	360 000	332 000
Operating Profit	149 000	−35 000	−24 000	4 000
Financial Income	19 000	547 000	1 608 000	958 000
Financial Costs	0	0	0	0
Financial Balance	19 000	547 000	1 608 000	958 000
Earnings Before Tax	168 000	512 000	1 584 000	962 000
Tax	37 000	−5 000	1 000	5 000
Net Income	131 000	517 000	1 583 000	957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 904 000	8 009 000	5 480 000	2 371 000
Total Current Assets	3 258 000	3 675 000	6 883 000	8 306 000
Total Assets	11 162 000	11 684 000	12 364 000	10 677 000
Total Retained Equity	10 866 000	10 735 000	10 918 000	9 734 000
Total Equity	10 991 000	10 860 000	11 043 000	9 859 000
Total Long-Term Debt	161 000	125 000	130 000	144 000
Total Current Debt	10 000	699 000	1 191 000	674 000
Total Equity and Debt	11 162 000	11 684 000	12 364 000	10 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	420 000	516 000	336 000	336 000
Revenue	420 000	516 000	336 000	336 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	184 000	199 000	156 000	56 000
Impairment	0	0	0	0
Expenditure	272 000	551 000	360 000	332 000
Operating Profit	149 000	−35 000	−24 000	4 000
Financial Income	19 000	547 000	1 608 000	958 000
Financial Costs	0	0	0	0
Financial Balance	19 000	547 000	1 608 000	958 000
Dividends	0	700 000	400 000	600 000
Net Income	131 000	517 000	1 583 000	957 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 904 000	8 009 000	4 712 000	1 832 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	448 000	0
Total Tangible Assets	7 904 000	8 009 000	5 160 000	1 832 000
Total Fiancial Fixed Assets	0	0	320 000	539 000
Total Fixed Assets	7 904 000	8 009 000	5 480 000	2 371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 214 000	2 965 000	6 109 000	8 306 000
Total Current Assets	3 258 000	3 675 000	6 883 000	8 306 000
Total Assets	11 162 000	11 684 000	12 364 000	10 677 000
Total Equity	10 991 000	10 860 000	11 043 000	9 859 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	161 000	125 000	130 000	144 000
Creditors	1 000	3 000	768 000	1 000
Unpaid Taxes	0	0	0	34 000
Dividends	0	700 000	400 000	600 000
Other Current Debt	9 000	496 000	9 000	9 000
Total Current Debt	10 000	699 000	1 191 000	674 000
Total Equity and Debt	11 162 000	11 684 000	12 364 000	10 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,19 %	4,76 %	14,33 %	9,71 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	35,48 %	−6,78 %	−7,14 %	1,19 %
Current Ratio	325,8	5,26	5,78	12,32
Quick Ratio	325,8	5,26	5,78	12,32
Equity Ratio	0,98	0,93	0,89	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %