TGS ASA

0277 OSLO

Finances

Return on Equity

7,1 %

Current Ratio

1,02

Debt-to-Equity Ratio

0,08

Key figures (USD)	2022	2021	2020	2019
Revenue	716 633 000	518 689 000	319 453 000	585 610 000
Net Income	87 967 000	−75 985 000	−188 598 000	108 610 000
Total Assets	1 838 897 000	1 629 827 000	2 015 410 000	2 194 889 000
Total Equity	1 239 763 000	1 115 328 000	1 265 841 000	1 545 805 000

Income (USD)	2022	2021	2020	2019
Revenue	716 633 000	518 689 000	319 453 000	585 610 000
Expenditure	584 599 000	591 020 000	583 686 000	456 614 000
Operating Profit	132 034 000	−72 331 000	−264 233 000	128 996 000
Financial Income	5 339 000	2 525 000	6 207 000	19 067 000
Financial Costs	8 508 000	15 281 000	2 896 000	21 353 000
Financial Balance	−3 169 000	−12 756 000	3 311 000	−2 286 000
Earnings Before Tax	128 865 000	−85 087 000	−260 922 000	126 710 000
Tax	40 898 000	−9 102 000	−72 324 000	18 100 000
Net Income	87 967 000	−75 985 000	−188 598 000	108 610 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	1 325 088 000	1 194 533 000	1 437 392 000	1 473 139 000
Total Current Assets	513 809 000	435 294 000	578 018 000	721 750 000
Total Assets	1 838 897 000	1 629 827 000	2 015 410 000	2 194 889 000
Total Retained Equity	652 691 000	649 154 000	799 635 000	1 079 608 000
Total Equity	1 239 763 000	1 115 328 000	1 265 841 000	1 545 805 000
Total Long-Term Debt	94 147 000	67 787 000	74 408 000	34 275 000
Total Current Debt	504 987 000	446 712 000	675 160 000	584 806 000
Total Equity and Debt	1 838 897 000	1 629 827 000	2 015 409 000	2 194 887 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	716 633 000	518 689 000	319 453 000	585 610 000
Other Income	0	0	0	0
Revenue	716 633 000	518 689 000	319 453 000	585 610 000
Cost of Goods Sold	410 789 000	470 485 000	470 024 000	2 413 000
Salary Costs	86 407 000	54 870 000	53 864 000	86 345 000
Depreciation	33 561 000	19 255 000	19 932 000	325 736 000
Impairment	0	0	0	0
Expenditure	584 599 000	591 020 000	583 686 000	456 614 000
Operating Profit	132 034 000	−72 331 000	−264 233 000	128 996 000
Financial Income	5 339 000	2 525 000	6 207 000	19 067 000
Financial Costs	8 508 000	15 281 000	2 896 000	21 353 000
Financial Balance	−3 169 000	−12 756 000	3 311 000	−2 286 000
Dividends	0	0	0	0
Net Income	87 967 000	−75 985 000	−188 598 000	108 610 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	384 649 000	303 964 000	288 377 000	284 753 000
Total Intangible Assets	1 107 987 000	1 130 195 000	1 340 660 000	1 437 368 000
Real Eastate	4 474 000	3 057 000	2 257 000	2 396 000
Machinery and Plant Facilities	140 625 000	16 462 000	25 349 000	22 314 000
Fixtures	72 002 000	44 819 000	69 126 000	11 061 000
Total Tangible Assets	217 101 000	64 338 000	96 732 000	35 771 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 325 088 000	1 194 533 000	1 437 392 000	1 473 139 000
Stock	6 575 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	188 452 000	215 329 000	195 716 000	323 408 000
Total Current Assets	513 809 000	435 294 000	578 018 000	721 750 000
Total Assets	1 838 897 000	1 629 827 000	2 015 410 000	2 194 889 000
Total Equity	1 239 763 000	1 115 328 000	1 265 841 000	1 545 805 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	94 147 000	67 787 000	74 408 000	34 275 000
Creditors	72 862 000	71 669 000	116 028 000	108 087 000
Unpaid Taxes	0	77 941 000	11 691 000	32 784 000
Dividends	0	0	0	0
Other Current Debt	310 154 000	297 102 000	544 941 000	443 935 000
Total Current Debt	504 987 000	446 712 000	675 160 000	584 806 000
Total Equity and Debt	1 838 897 000	1 629 827 000	2 015 409 000	2 194 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,1 %	−6,81 %	−14,9 %	7,03 %
Debt-to-Equity Ratio	0,08	0,06	0,06	0,02
Operating Profit Margin	18,42 %	−13,94 %	−82,71 %	22,03 %
Current Ratio	1,02	0,97	0,86	1,23
Quick Ratio	1,03	0,97	0,86	1,23
Equity Ratio	0,67	0,68	0,63	0,7
Gross Profit Margin	42,68 %	9,29 %	−47,13 %	99,59 %