TINGTEC AS

6514 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−12,65 %

Current Ratio

5,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	456 000	576 000	705 000	639 000
Net Income	−42 000	36 000	85 000	−66 000
Total Assets	400 000	468 000	612 000	519 000
Total Equity	332 000	374 000	337 000	252 000

Income (NOK)	2022	2021	2020	2019
Revenue	456 000	576 000	705 000	639 000
Expenditure	498 000	539 000	621 000	707 000
Operating Profit	−42 000	36 000	84 000	−68 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Earnings Before Tax	−42 000	36 000	85 000	−66 000
Tax	0	0	0	0
Net Income	−42 000	36 000	85 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	400 000	468 000	612 000	519 000
Total Assets	400 000	468 000	612 000	519 000
Total Retained Equity	232 000	274 000	237 000	152 000
Total Equity	332 000	374 000	337 000	252 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	94 000	275 000	266 000
Total Equity and Debt	400 000	468 000	612 000	519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	456 000	576 000	688 000	639 000
Other Income	0	0	17 000	0
Revenue	456 000	576 000	705 000	639 000
Cost of Goods Sold	164 000	112 000	212 000	197 000
Salary Costs	95 000	181 000	174 000	256 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	498 000	539 000	621 000	707 000
Operating Profit	−42 000	36 000	84 000	−68 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Dividends	0	0	0	0
Net Income	−42 000	36 000	85 000	−66 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	184 000	215 000	231 000	331 000
Total Investments	0	0	0	0
Cash, Bank	153 000	192 000	363 000	161 000
Total Current Assets	400 000	468 000	612 000	519 000
Total Assets	400 000	468 000	612 000	519 000
Total Equity	332 000	374 000	337 000	252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	24 000	19 000	11 000
Unpaid Taxes	40 000	48 000	53 000	45 000
Dividends	0	0	0	0
Other Current Debt	13 000	22 000	203 000	210 000
Total Current Debt	68 000	94 000	275 000	266 000
Total Equity and Debt	400 000	468 000	612 000	519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,65 %	9,63 %	25,22 %	−26,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,21 %	6,25 %	11,91 %	−10,64 %
Current Ratio	5,88	4,98	2,23	1,95
Quick Ratio	−3,45	−3,87	13,91	−7,98
Equity Ratio	0,83	0,8	0,55	0,49
Gross Profit Margin	64,04 %	80,56 %	69,93 %	69,17 %