TINGVALLA ELEKTRO AS

0459 OSLO

Finances

Share Ownership

Return on Equity

21,94 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 914 000	22 672 000	13 499 000	15 868 000
Net Income	235 000	588 000	−704 000	701 000
Total Assets	6 902 000	7 109 000	4 458 000	5 165 000
Total Equity	1 071 000	836 000	248 000	1 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 914 000	22 672 000	13 499 000	15 868 000
Expenditure	26 426 000	21 854 000	14 264 000	14 931 000
Operating Profit	488 000	817 000	−764 000	937 000
Financial Income	2 000	5 000	1 000	3 000
Financial Costs	96 000	65 000	−3 000	14 000
Financial Balance	−94 000	−60 000	4 000	−11 000
Earnings Before Tax	393 000	758 000	−760 000	925 000
Tax	159 000	169 000	−56 000	225 000
Net Income	235 000	588 000	−704 000	701 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	757 000	929 000	1 103 000	716 000
Total Current Assets	6 145 000	6 179 000	3 355 000	4 449 000
Total Assets	6 902 000	7 109 000	4 458 000	5 165 000
Total Retained Equity	971 000	736 000	148 000	1 052 000
Total Equity	1 071 000	836 000	248 000	1 152 000
Total Long-Term Debt	169 000	329 000	543 000	382 000
Total Current Debt	5 662 000	5 944 000	3 667 000	3 631 000
Total Equity and Debt	6 902 000	7 109 000	4 458 000	5 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 913 000	22 672 000	13 034 000	16 316 000
Other Income	0	0	466 000	−448 000
Revenue	26 914 000	22 672 000	13 499 000	15 868 000
Cost of Goods Sold	7 273 000	6 780 000	4 346 000	6 798 000
Salary Costs	14 416 000	11 476 000	6 593 000	6 276 000
Depreciation	199 000	231 000	46 000	139 000
Impairment	0	0	0	0
Expenditure	26 426 000	21 854 000	14 264 000	14 931 000
Operating Profit	488 000	817 000	−764 000	937 000
Financial Income	2 000	5 000	1 000	3 000
Financial Costs	96 000	65 000	−3 000	14 000
Financial Balance	−94 000	−60 000	4 000	−11 000
Dividends	0	0	200 000	369 000
Net Income	235 000	588 000	−704 000	701 000

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	757 000	929 000	1 042 000	655 000
Total Tangible Assets	757 000	929 000	1 042 000	655 000
Total Fiancial Fixed Assets	0	0	61 000	61 000
Total Fixed Assets	757 000	929 000	1 103 000	716 000
Stock	987 000	569 000	0	0
Total Investments	0	0	0	0
Cash, Bank	247 000	91 000	509 000	294 000
Total Current Assets	6 145 000	6 179 000	3 355 000	4 449 000
Total Assets	6 902 000	7 109 000	4 458 000	5 165 000
Total Equity	1 071 000	836 000	248 000	1 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	169 000	329 000	543 000	382 000
Creditors	1 340 000	1 437 000	1 232 000	844 000
Unpaid Taxes	2 432 000	1 702 000	1 677 000	1 024 000
Dividends	0	0	200 000	369 000
Other Current Debt	1 591 000	1 294 000	735 000	1 525 000
Total Current Debt	5 662 000	5 944 000	3 667 000	3 631 000
Total Equity and Debt	6 902 000	7 109 000	4 458 000	5 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,94 %	70,33 %	−283,87 %	60,85 %
Debt-to-Equity Ratio	0,16	0,39	2,19	0,33
Operating Profit Margin	1,81 %	3,6 %	−5,66 %	5,9 %
Current Ratio	1,09	1,04	0,91	1,23
Quick Ratio	1,31	1,15	0,91	1,23
Equity Ratio	0,16	0,12	0,06	0,22
Gross Profit Margin	72,98 %	70,1 %	67,81 %	57,16 %