TINGVOLL ELEKTRO AS

6630 TINGVOLL

Finances

Share Ownership

Return on Equity

695,48 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 094 000	21 321 000	20 716 000	22 737 000
Net Income	6 315 000	3 984 000	4 399 000	4 808 000
Total Assets	13 152 000	11 979 000	11 335 000	12 134 000
Total Equity	908 000	908 000	2 530 000	2 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 094 000	21 321 000	20 716 000	22 737 000
Expenditure	18 207 000	16 524 000	15 092 000	16 676 000
Operating Profit	7 887 000	4 797 000	5 624 000	6 061 000
Financial Income	143 000	239 000	71 000	172 000
Financial Costs	0	0	0	5 000
Financial Balance	143 000	239 000	71 000	167 000
Earnings Before Tax	8 030 000	5 036 000	5 695 000	6 229 000
Tax	1 716 000	1 052 000	1 295 000	1 421 000
Net Income	6 315 000	3 984 000	4 399 000	4 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	893 000	571 000	435 000	728 000
Total Current Assets	12 259 000	11 408 000	10 900 000	11 406 000
Total Assets	13 152 000	11 979 000	11 335 000	12 134 000
Total Retained Equity	0	0	1 622 000	1 622 000
Total Equity	908 000	908 000	2 530 000	2 530 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 244 000	11 071 000	8 805 000	9 604 000
Total Equity and Debt	13 152 000	11 979 000	11 335 000	12 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 094 000	21 321 000	20 716 000	22 727 000
Other Income	0	0	0	10 000
Revenue	26 094 000	21 321 000	20 716 000	22 737 000
Cost of Goods Sold	10 996 000	9 176 000	7 805 000	9 106 000
Salary Costs	5 802 000	5 911 000	5 958 000	5 968 000
Depreciation	170 000	230 000	310 000	390 000
Impairment	0	0	0	0
Expenditure	18 207 000	16 524 000	15 092 000	16 676 000
Operating Profit	7 887 000	4 797 000	5 624 000	6 061 000
Financial Income	143 000	239 000	71 000	172 000
Financial Costs	0	0	0	5 000
Financial Balance	143 000	239 000	71 000	167 000
Dividends	6 315 000	5 912 000	4 399 000	4 404 000
Net Income	6 315 000	3 984 000	4 399 000	4 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	89 000	99 000	117 000	150 000
Machinery and Plant Facilities	9 000	12 000	14 000	17 000
Fixtures	462 000	123 000	294 000	526 000
Total Tangible Assets	560 000	233 000	426 000	693 000
Total Fiancial Fixed Assets	333 000	338 000	10 000	35 000
Total Fixed Assets	893 000	571 000	435 000	728 000
Stock	2 582 000	2 673 000	2 422 000	2 497 000
Total Investments	0	0	0	0
Cash, Bank	5 664 000	5 462 000	5 225 000	5 326 000
Total Current Assets	12 259 000	11 408 000	10 900 000	11 406 000
Total Assets	13 152 000	11 979 000	11 335 000	12 134 000
Total Equity	908 000	908 000	2 530 000	2 530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 922 000	2 027 000	1 190 000	1 755 000
Unpaid Taxes	1 222 000	1 230 000	1 174 000	1 168 000
Dividends	6 315 000	5 912 000	4 399 000	4 404 000
Other Current Debt	1 070 000	850 000	746 000	856 000
Total Current Debt	12 244 000	11 071 000	8 805 000	9 604 000
Total Equity and Debt	13 152 000	11 979 000	11 335 000	12 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	695,48 %	438,77 %	173,87 %	190,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,23 %	22,5 %	27,15 %	26,66 %
Current Ratio	1	1,03	1,24	1,19
Quick Ratio	1,27	1,36	1,71	1,6
Equity Ratio	0,07	0,08	0,22	0,21
Gross Profit Margin	57,86 %	56,96 %	62,32 %	59,95 %