TINHOLT BAKERI AS

3723 SKIEN

Finances

Return on Equity

23,75 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 168 000	12 990 000	12 465 000	16 326 000
Net Income	536 000	926 000	454 000	−65 000
Total Assets	4 826 000	8 530 000	7 455 000	7 438 000
Total Equity	2 257 000	6 221 000	5 294 000	4 840 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 168 000	12 990 000	12 465 000	16 326 000
Expenditure	14 410 000	11 750 000	11 584 000	16 379 000
Operating Profit	758 000	1 240 000	882 000	−55 000
Financial Income	31 000	21 000	35 000	63 000
Financial Costs	81 000	56 000	261 000	71 000
Financial Balance	−50 000	−35 000	−226 000	−8 000
Earnings Before Tax	708 000	1 205 000	656 000	−62 000
Tax	172 000	278 000	202 000	2 000
Net Income	536 000	926 000	454 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 222 000	887 000	1 202 000	1 486 000
Total Current Assets	3 604 000	7 643 000	6 253 000	5 952 000
Total Assets	4 826 000	8 530 000	7 455 000	7 438 000
Total Retained Equity	2 007 000	5 971 000	5 044 000	4 590 000
Total Equity	2 257 000	6 221 000	5 294 000	4 840 000
Total Long-Term Debt	38 000	13 000	0	27 000
Total Current Debt	2 531 000	2 295 000	2 161 000	2 570 000
Total Equity and Debt	4 826 000	8 530 000	7 455 000	7 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 048 000	12 870 000	12 345 000	16 175 000
Other Income	120 000	120 000	120 000	151 000
Revenue	15 168 000	12 990 000	12 465 000	16 326 000
Cost of Goods Sold	4 406 000	3 570 000	3 457 000	4 712 000
Salary Costs	6 157 000	5 103 000	4 901 000	8 052 000
Depreciation	303 000	262 000	290 000	302 000
Impairment	0	0	0	0
Expenditure	14 410 000	11 750 000	11 584 000	16 379 000
Operating Profit	758 000	1 240 000	882 000	−55 000
Financial Income	31 000	21 000	35 000	63 000
Financial Costs	81 000	56 000	261 000	71 000
Financial Balance	−50 000	−35 000	−226 000	−8 000
Dividends	0	0	0	0
Net Income	536 000	926 000	454 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	30 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	419 000	531 000	662 000	805 000
Fixtures	739 000	325 000	456 000	603 000
Total Tangible Assets	1 158 000	856 000	1 118 000	1 408 000
Total Fiancial Fixed Assets	64 000	31 000	54 000	78 000
Total Fixed Assets	1 222 000	887 000	1 202 000	1 486 000
Stock	409 000	441 000	405 000	430 000
Total Investments	0	0	0	0
Cash, Bank	2 555 000	6 854 000	5 313 000	4 597 000
Total Current Assets	3 604 000	7 643 000	6 253 000	5 952 000
Total Assets	4 826 000	8 530 000	7 455 000	7 438 000
Total Equity	2 257 000	6 221 000	5 294 000	4 840 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 000	13 000	0	27 000
Creditors	522 000	362 000	356 000	522 000
Unpaid Taxes	438 000	533 000	440 000	681 000
Dividends	0	0	0	0
Other Current Debt	1 453 000	1 182 000	1 180 000	1 366 000
Total Current Debt	2 531 000	2 295 000	2 161 000	2 570 000
Total Equity and Debt	4 826 000	8 530 000	7 455 000	7 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,75 %	14,89 %	8,58 %	−1,34 %
Debt-to-Equity Ratio	0,02	0	0	0,01
Operating Profit Margin	5 %	9,55 %	7,08 %	−0,34 %
Current Ratio	1,42	3,33	2,89	2,32
Quick Ratio	1,7	4,12	3,56	2,78
Equity Ratio	0,47	0,73	0,71	0,65
Gross Profit Margin	70,95 %	72,52 %	72,27 %	71,14 %