TEXTRADE AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

5,71 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	698 000	457 000	508 000	535 000
Net Income	113 000	−26 000	114 000	166 000
Total Assets	2 469 000	2 389 000	2 549 000	2 423 000
Total Equity	1 980 000	1 867 000	1 892 000	1 779 000

Income (NOK)	2022	2021	2020	2019
Revenue	698 000	457 000	508 000	535 000
Expenditure	557 000	484 000	361 000	319 000
Operating Profit	141 000	−28 000	146 000	216 000
Financial Income	3 000	0	0	0
Financial Costs	0	−2 000	−3 000	1 000
Financial Balance	3 000	2 000	3 000	−1 000
Earnings Before Tax	144 000	−26 000	149 000	215 000
Tax	32 000	0	36 000	49 000
Net Income	113 000	−26 000	114 000	166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 048 000	2 089 000	2 140 000	2 192 000
Total Current Assets	421 000	300 000	409 000	232 000
Total Assets	2 469 000	2 389 000	2 549 000	2 423 000
Total Retained Equity	1 880 000	1 767 000	1 792 000	1 679 000
Total Equity	1 980 000	1 867 000	1 892 000	1 779 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	489 000	523 000	657 000	645 000
Total Equity and Debt	2 469 000	2 389 000	2 549 000	2 423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	271 000
Other Income	698 000	457 000	508 000	264 000
Revenue	698 000	457 000	508 000	535 000
Cost of Goods Sold	1 000	0	0	31 000
Salary Costs	48 000	48 000	52 000	52 000
Depreciation	41 000	51 000	51 000	51 000
Impairment	0	0	0	0
Expenditure	557 000	484 000	361 000	319 000
Operating Profit	141 000	−28 000	146 000	216 000
Financial Income	3 000	0	0	0
Financial Costs	0	−2 000	−3 000	1 000
Financial Balance	3 000	2 000	3 000	−1 000
Dividends	0	0	0	0
Net Income	113 000	−26 000	114 000	166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 048 000	2 089 000	2 140 000	2 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 048 000	2 089 000	2 140 000	2 192 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 048 000	2 089 000	2 140 000	2 192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	421 000	294 000	402 000	225 000
Total Current Assets	421 000	300 000	409 000	232 000
Total Assets	2 469 000	2 389 000	2 549 000	2 423 000
Total Equity	1 980 000	1 867 000	1 892 000	1 779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	1 000	0	1 000
Unpaid Taxes	18 000	19 000	21 000	21 000
Dividends	0	0	0	0
Other Current Debt	420 000	503 000	601 000	574 000
Total Current Debt	489 000	523 000	657 000	645 000
Total Equity and Debt	2 469 000	2 389 000	2 549 000	2 423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,71 %	−1,39 %	6,03 %	9,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,2 %	−6,13 %	28,74 %	40,37 %
Current Ratio	0,86	0,57	0,62	0,36
Quick Ratio	0,86	0,57	0,62	0,36
Equity Ratio	0,8	0,78	0,74	0,73
Gross Profit Margin	99,86 %	100 %	100 %	94,21 %