TEKSTILSERVICE AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

3,85 %

Current Ratio

5,63

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 771 000	27 906 000	28 795 000	24 076 000
Net Income	492 000	2 526 000	4 284 000	−558 000
Total Assets	18 718 000	22 260 000	18 231 000	13 430 000
Total Equity	12 766 000	12 273 000	9 747 000	5 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 771 000	27 906 000	28 795 000	24 076 000
Expenditure	30 043 000	25 357 000	24 196 000	24 497 000
Operating Profit	727 000	2 548 000	4 600 000	−422 000
Financial Income	44 000	99 000	93 000	66 000
Financial Costs	279 000	121 000	409 000	202 000
Financial Balance	−235 000	−22 000	−316 000	−136 000
Earnings Before Tax	492 000	2 526 000	4 284 000	−558 000
Tax	0	0	0	0
Net Income	492 000	2 526 000	4 284 000	−558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	318 000	404 000	274 000	173 000
Total Current Assets	18 400 000	21 856 000	17 957 000	13 257 000
Total Assets	18 718 000	22 260 000	18 231 000	13 430 000
Total Retained Equity	11 765 000	11 273 000	8 747 000	4 463 000
Total Equity	12 766 000	12 273 000	9 747 000	5 463 000
Total Long-Term Debt	2 687 000	3 369 000	4 051 000	4 733 000
Total Current Debt	3 266 000	6 617 000	4 433 000	3 234 000
Total Equity and Debt	18 718 000	22 260 000	18 231 000	13 430 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 635 000	27 734 000	28 664 000	23 927 000
Other Income	136 000	172 000	131 000	149 000
Revenue	30 771 000	27 906 000	28 795 000	24 076 000
Cost of Goods Sold	22 437 000	17 504 000	16 979 000	16 425 000
Salary Costs	4 105 000	4 175 000	4 182 000	5 153 000
Depreciation	143 000	119 000	63 000	56 000
Impairment	0	0	0	0
Expenditure	30 043 000	25 357 000	24 196 000	24 497 000
Operating Profit	727 000	2 548 000	4 600 000	−422 000
Financial Income	44 000	99 000	93 000	66 000
Financial Costs	279 000	121 000	409 000	202 000
Financial Balance	−235 000	−22 000	−316 000	−136 000
Dividends	0	0	0	0
Net Income	492 000	2 526 000	4 284 000	−558 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	19 000	36 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	316 000	385 000	238 000	104 000
Total Tangible Assets	316 000	385 000	238 000	104 000
Total Fiancial Fixed Assets	0	0	0	16 000
Total Fixed Assets	318 000	404 000	274 000	173 000
Stock	14 855 000	13 941 000	10 931 000	11 024 000
Total Investments	0	0	0	0
Cash, Bank	1 943 000	2 427 000	5 259 000	786 000
Total Current Assets	18 400 000	21 856 000	17 957 000	13 257 000
Total Assets	18 718 000	22 260 000	18 231 000	13 430 000
Total Equity	12 766 000	12 273 000	9 747 000	5 463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 687 000	3 369 000	4 051 000	4 733 000
Creditors	1 579 000	4 299 000	2 593 000	1 387 000
Unpaid Taxes	764 000	1 058 000	710 000	820 000
Dividends	0	0	0	0
Other Current Debt	923 000	1 261 000	1 130 000	1 026 000
Total Current Debt	3 266 000	6 617 000	4 433 000	3 234 000
Total Equity and Debt	18 718 000	22 260 000	18 231 000	13 430 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,85 %	20,58 %	43,95 %	−10,21 %
Debt-to-Equity Ratio	0,21	0,27	0,42	0,87
Operating Profit Margin	2,36 %	9,13 %	15,97 %	−1,75 %
Current Ratio	5,63	3,3	4,05	4,1
Quick Ratio	−1,59	−2,98	−2,76	−1,7
Equity Ratio	0,68	0,55	0,53	0,41
Gross Profit Margin	27,08 %	37,28 %	41,03 %	31,78 %