TINGSTAD AS

6018 ÅLESUND

Finances

Return on Equity

23,37 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	261 185 000	223 353 000	204 776 000	211 399 000
Net Income	11 838 000	10 983 000	5 755 000	6 286 000
Total Assets	136 162 000	124 044 000	101 953 000	107 881 000
Total Equity	50 655 000	38 818 000	39 482 000	37 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	261 185 000	223 353 000	204 776 000	211 399 000
Expenditure	244 096 000	208 448 000	196 688 000	202 958 000
Operating Profit	17 090 000	14 905 000	8 088 000	8 441 000
Financial Income	−1 030 000	−397 000	91 000	1 079 000
Financial Costs	873 000	422 000	801 000	1 462 000
Financial Balance	−1 903 000	−819 000	−710 000	−383 000
Earnings Before Tax	15 188 000	14 086 000	7 378 000	8 058 000
Tax	3 350 000	3 103 000	1 623 000	1 772 000
Net Income	11 838 000	10 983 000	5 755 000	6 286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 177 000	5 381 000	5 990 000	7 085 000
Total Current Assets	130 986 000	118 663 000	95 963 000	100 797 000
Total Assets	136 162 000	124 044 000	101 953 000	107 881 000
Total Retained Equity	3 017 000	2 976 000	3 640 000	1 286 000
Total Equity	50 655 000	38 818 000	39 482 000	37 128 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	85 507 000	85 227 000	62 471 000	70 753 000
Total Equity and Debt	136 162 000	124 044 000	101 953 000	107 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	261 185 000	223 353 000	204 776 000	211 399 000
Other Income	0	0	0	0
Revenue	261 185 000	223 353 000	204 776 000	211 399 000
Cost of Goods Sold	156 507 000	126 949 000	117 627 000	120 570 000
Salary Costs	57 281 000	53 942 000	51 377 000	52 561 000
Depreciation	1 519 000	1 368 000	0	1 398 000
Impairment	0	0	1 215 000	0
Expenditure	244 096 000	208 448 000	196 688 000	202 958 000
Operating Profit	17 090 000	14 905 000	8 088 000	8 441 000
Financial Income	−1 030 000	−397 000	91 000	1 079 000
Financial Costs	873 000	422 000	801 000	1 462 000
Financial Balance	−1 903 000	−819 000	−710 000	−383 000
Dividends	0	0	0	5 000 000
Net Income	11 838 000	10 983 000	5 755 000	6 286 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 094 000	1 500 000	1 319 000	2 264 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 389 000	2 061 000	2 901 000	2 561 000
Total Tangible Assets	1 389 000	2 061 000	2 901 000	2 561 000
Total Fiancial Fixed Assets	1 694 000	1 820 000	1 771 000	2 259 000
Total Fixed Assets	5 177 000	5 381 000	5 990 000	7 085 000
Stock	80 595 000	69 313 000	61 381 000	61 111 000
Total Investments	0	0	0	0
Cash, Bank	20 000	18 000	18 000	462 000
Total Current Assets	130 986 000	118 663 000	95 963 000	100 797 000
Total Assets	136 162 000	124 044 000	101 953 000	107 881 000
Total Equity	50 655 000	38 818 000	39 482 000	37 128 000
Short-Term Group Debt	18 260 000	14 932 000	4 079 000	5 000 000
Total Long-Term Debt	0	0	0	0
Creditors	22 497 000	25 901 000	21 318 000	18 860 000
Unpaid Taxes	11 466 000	10 796 000	9 838 000	8 843 000
Dividends	0	0	0	5 000 000
Other Current Debt	9 662 000	9 680 000	8 171 000	7 103 000
Total Current Debt	85 507 000	85 227 000	62 471 000	70 753 000
Total Equity and Debt	136 162 000	124 044 000	101 953 000	107 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,37 %	28,29 %	14,58 %	16,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,54 %	6,67 %	3,95 %	3,99 %
Current Ratio	1,53	1,39	1,54	1,42
Quick Ratio	26,67	7,46	88,04	10,45
Equity Ratio	0,37	0,31	0,39	0,34
Gross Profit Margin	40,08 %	43,16 %	42,56 %	42,97 %