TOOL TECH AS

1349 RYKKINN

Finances

Return on Equity

6 796,59 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 268 000	1 099 000	1 013 000	3 078 000
Net Income	11 962 000	1 000	565 000	513 000
Total Assets	13 248 000	5 660 000	5 169 000	5 147 000
Total Equity	176 000	1 281 000	1 280 000	715 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 268 000	1 099 000	1 013 000	3 078 000
Expenditure	1 174 000	1 059 000	885 000	2 340 000
Operating Profit	93 000	40 000	128 000	738 000
Financial Income	12 904 000	1 000	498 000	0
Financial Costs	1 035 000	37 000	41 000	73 000
Financial Balance	11 869 000	−36 000	457 000	−73 000
Earnings Before Tax	11 962 000	4 000	585 000	665 000
Tax	0	3 000	19 000	152 000
Net Income	11 962 000	1 000	565 000	513 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	144 000	145 000	20 000
Total Current Assets	13 123 000	5 517 000	5 024 000	5 128 000
Total Assets	13 248 000	5 660 000	5 169 000	5 147 000
Total Retained Equity	75 000	1 180 000	1 179 000	614 000
Total Equity	176 000	1 281 000	1 280 000	715 000
Total Long-Term Debt	0	794 000	943 000	973 000
Total Current Debt	13 072 000	3 585 000	2 946 000	3 460 000
Total Equity and Debt	13 248 000	5 660 000	5 169 000	5 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 268 000	1 099 000	1 013 000	3 078 000
Other Income	0	0	0	0
Revenue	1 268 000	1 099 000	1 013 000	3 078 000
Cost of Goods Sold	0	0	0	0
Salary Costs	768 000	825 000	672 000	1 978 000
Depreciation	0	0	0	8 000
Impairment	0	0	0	0
Expenditure	1 174 000	1 059 000	885 000	2 340 000
Operating Profit	93 000	40 000	128 000	738 000
Financial Income	12 904 000	1 000	498 000	0
Financial Costs	1 035 000	37 000	41 000	73 000
Financial Balance	11 869 000	−36 000	457 000	−73 000
Dividends	11 888 000	0	0	0
Net Income	11 962 000	1 000	565 000	513 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	124 000	144 000	145 000	20 000
Total Fixed Assets	124 000	144 000	145 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 232 000	102 000	13 000	50 000
Total Current Assets	13 123 000	5 517 000	5 024 000	5 128 000
Total Assets	13 248 000	5 660 000	5 169 000	5 147 000
Total Equity	176 000	1 281 000	1 280 000	715 000
Short-Term Group Debt	0	0	0	414 000
Total Long-Term Debt	0	794 000	943 000	973 000
Creditors	8 000	8 000	9 000	79 000
Unpaid Taxes	238 000	127 000	168 000	783 000
Dividends	11 888 000	0	0	0
Other Current Debt	938 000	3 448 000	2 750 000	2 176 000
Total Current Debt	13 072 000	3 585 000	2 946 000	3 460 000
Total Equity and Debt	13 248 000	5 660 000	5 169 000	5 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6 796,59 %	0,08 %	44,14 %	71,75 %
Debt-to-Equity Ratio	0	0,62	0,74	1,36
Operating Profit Margin	7,33 %	3,64 %	12,64 %	23,98 %
Current Ratio	1	1,54	1,71	1,48
Quick Ratio	1	1,54	1,71	1,48
Equity Ratio	0,01	0,23	0,25	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %