TIC AS

9790 KJØLLEFJORD

Finances

Return on Equity

7,72 %

Current Ratio

4,43

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 621 000	798 000	444 000	390 000
Net Income	1 653 000	−382 000	4 924 000	5 315 000
Total Assets	24 054 000	24 985 000	25 953 000	21 372 000
Total Equity	21 424 000	21 771 000	25 153 000	20 729 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 621 000	798 000	444 000	390 000
Expenditure	1 596 000	936 000	1 036 000	366 000
Operating Profit	2 024 000	−138 000	−592 000	24 000
Financial Income	621 000	341 000	5 442 000	5 361 000
Financial Costs	500 000	568 000	1 000	12 000
Financial Balance	121 000	−227 000	5 441 000	5 349 000
Earnings Before Tax	2 145 000	−365 000	4 850 000	5 373 000
Tax	492 000	17 000	−75 000	58 000
Net Income	1 653 000	−382 000	4 924 000	5 315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 124 000	16 536 000	16 993 000	9 449 000
Total Current Assets	9 930 000	8 450 000	8 960 000	11 923 000
Total Assets	24 054 000	24 985 000	25 953 000	21 372 000
Total Retained Equity	21 174 000	21 521 000	24 903 000	20 479 000
Total Equity	21 424 000	21 771 000	25 153 000	20 729 000
Total Long-Term Debt	387 000	14 000	1 000	42 000
Total Current Debt	2 243 000	3 200 000	799 000	601 000
Total Equity and Debt	24 054 000	24 985 000	25 953 000	21 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	838 000	274 000	0	0
Other Income	2 782 000	524 000	444 000	390 000
Revenue	3 621 000	798 000	444 000	390 000
Cost of Goods Sold	4 000	2 000	0	5 000
Salary Costs	602 000	232 000	529 000	72 000
Depreciation	231 000	197 000	149 000	59 000
Impairment	0	0	0	0
Expenditure	1 596 000	936 000	1 036 000	366 000
Operating Profit	2 024 000	−138 000	−592 000	24 000
Financial Income	621 000	341 000	5 442 000	5 361 000
Financial Costs	500 000	568 000	1 000	12 000
Financial Balance	121 000	−227 000	5 441 000	5 349 000
Dividends	2 000 000	3 000 000	500 000	500 000
Net Income	1 653 000	−382 000	4 924 000	5 315 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 785 000	8 142 000	8 154 000	4 216 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	333 000	305 000	408 000	461 000
Total Tangible Assets	9 167 000	9 554 000	8 562 000	4 677 000
Total Fiancial Fixed Assets	4 957 000	6 982 000	8 431 000	4 772 000
Total Fixed Assets	14 124 000	16 536 000	16 993 000	9 449 000
Stock	0	0	0	0
Total Investments	0	6 000	12 000	12 000
Cash, Bank	9 668 000	7 936 000	8 712 000	11 400 000
Total Current Assets	9 930 000	8 450 000	8 960 000	11 923 000
Total Assets	24 054 000	24 985 000	25 953 000	21 372 000
Total Equity	21 424 000	21 771 000	25 153 000	20 729 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	387 000	14 000	1 000	42 000
Creditors	59 000	88 000	51 000	3 000
Unpaid Taxes	3 000	47 000	59 000	0
Dividends	2 000 000	3 000 000	500 000	500 000
Other Current Debt	61 000	61 000	190 000	54 000
Total Current Debt	2 243 000	3 200 000	799 000	601 000
Total Equity and Debt	24 054 000	24 985 000	25 953 000	21 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,72 %	−1,75 %	19,58 %	25,64 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	55,9 %	−17,29 %	−133,33 %	6,15 %
Current Ratio	4,43	2,64	11,21	19,84
Quick Ratio	4,43	2,64	11,21	19,84
Equity Ratio	0,89	0,87	0,97	0,97
Gross Profit Margin	99,89 %	99,75 %	100 %	98,72 %