TENDENZ VELVÆRE AS

9710 INDRE BILLEFJORD

Finances

Share Ownership

Return on Equity

224,03 %

Current Ratio

1,68

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 957 000	2 000 000	1 322 000	1 286 000
Net Income	289 000	74 000	−171 000	55 000
Total Assets	580 000	587 000	243 000	254 000
Total Equity	129 000	−160 000	−234 000	−63 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 957 000	2 000 000	1 322 000	1 286 000
Expenditure	1 616 000	1 882 000	1 451 000	1 204 000
Operating Profit	341 000	117 000	−129 000	82 000
Financial Income	3 000	6 000	1 000	2 000
Financial Costs	54 000	49 000	43 000	29 000
Financial Balance	−51 000	−43 000	−42 000	−27 000
Earnings Before Tax	289 000	74 000	−171 000	55 000
Tax	0	0	0	0
Net Income	289 000	74 000	−171 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	255 000	294 000	50 000	72 000
Total Current Assets	325 000	293 000	193 000	182 000
Total Assets	580 000	587 000	243 000	254 000
Total Retained Equity	29 000	−260 000	−334 000	−163 000
Total Equity	129 000	−160 000	−234 000	−63 000
Total Long-Term Debt	257 000	287 000	207 000	157 000
Total Current Debt	194 000	460 000	270 000	160 000
Total Equity and Debt	580 000	587 000	243 000	254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 957 000	2 000 000	1 304 000	1 284 000
Other Income	0	0	18 000	2 000
Revenue	1 957 000	2 000 000	1 322 000	1 286 000
Cost of Goods Sold	877 000	852 000	450 000	352 000
Salary Costs	51 000	504 000	581 000	434 000
Depreciation	77 000	45 000	22 000	18 000
Impairment	0	0	0	0
Expenditure	1 616 000	1 882 000	1 451 000	1 204 000
Operating Profit	341 000	117 000	−129 000	82 000
Financial Income	3 000	6 000	1 000	2 000
Financial Costs	54 000	49 000	43 000	29 000
Financial Balance	−51 000	−43 000	−42 000	−27 000
Dividends	0	0	0	0
Net Income	289 000	74 000	−171 000	55 000

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	255 000	294 000	50 000	72 000
Total Tangible Assets	255 000	294 000	50 000	72 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	255 000	294 000	50 000	72 000
Stock	317 000	270 000	172 000	108 000
Total Investments	0	0	0	0
Cash, Bank	6 000	18 000	9 000	63 000
Total Current Assets	325 000	293 000	193 000	182 000
Total Assets	580 000	587 000	243 000	254 000
Total Equity	129 000	−160 000	−234 000	−63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	257 000	287 000	207 000	157 000
Creditors	148 000	382 000	159 000	61 000
Unpaid Taxes	37 000	44 000	30 000	47 000
Dividends	0	0	0	0
Other Current Debt	9 000	34 000	81 000	52 000
Total Current Debt	194 000	460 000	270 000	160 000
Total Equity and Debt	580 000	587 000	243 000	254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	224,03 %	−46,25 %	73,08 %	−87,3 %
Debt-to-Equity Ratio	1,99	−1,79	−0,88	−2,49
Operating Profit Margin	17,42 %	5,85 %	−9,76 %	6,38 %
Current Ratio	1,68	0,64	0,71	1,14
Quick Ratio	−2,64	1,54	1,97	3,5
Equity Ratio	0,22	−0,27	−0,96	−0,25
Gross Profit Margin	55,19 %	57,4 %	65,96 %	72,63 %