TINN ENERGI PRODUKSJON AS

3660 RJUKAN

Finances

Return on Equity

41,2 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 939 000	5 067 000	654 000	2 875 000
Net Income	4 288 000	2 132 000	−1 326 000	574 000
Total Assets	27 730 000	20 755 000	12 476 000	10 901 000
Total Equity	10 407 000	6 120 000	3 988 000	5 314 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 939 000	5 067 000	654 000	2 875 000
Expenditure	3 207 000	2 178 000	2 299 000	1 967 000
Operating Profit	5 732 000	2 889 000	−1 645 000	908 000
Financial Income	104 000	4 000	26 000	0
Financial Costs	338 000	160 000	81 000	172 000
Financial Balance	−234 000	−156 000	−55 000	−172 000
Earnings Before Tax	5 497 000	2 733 000	−1 700 000	736 000
Tax	1 210 000	601 000	−374 000	162 000
Net Income	4 288 000	2 132 000	−1 326 000	574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 563 000	15 102 000	11 013 000	10 349 000
Total Current Assets	13 166 000	5 653 000	1 463 000	553 000
Total Assets	27 730 000	20 755 000	12 476 000	10 901 000
Total Retained Equity	9 907 000	5 620 000	3 488 000	4 814 000
Total Equity	10 407 000	6 120 000	3 988 000	5 314 000
Total Long-Term Debt	8 499 000	8 499 000	4 170 000	3 546 000
Total Current Debt	8 823 000	6 136 000	4 318 000	2 041 000
Total Equity and Debt	27 730 000	20 755 000	12 476 000	10 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 917 000	5 067 000	654 000	2 875 000
Other Income	2 022 000	0	0	0
Revenue	8 939 000	5 067 000	654 000	2 875 000
Cost of Goods Sold	1 531 000	485 000	446 000	288 000
Salary Costs	0	0	0	0
Depreciation	335 000	335 000	335 000	335 000
Impairment	0	0	0	0
Expenditure	3 207 000	2 178 000	2 299 000	1 967 000
Operating Profit	5 732 000	2 889 000	−1 645 000	908 000
Financial Income	104 000	4 000	26 000	0
Financial Costs	338 000	160 000	81 000	172 000
Financial Balance	−234 000	−156 000	−55 000	−172 000
Dividends	0	0	0	0
Net Income	4 288 000	2 132 000	−1 326 000	574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 508 000	4 508 000	188 000	188 000
Real Eastate	3 201 000	9 490 000	9 826 000	10 161 000
Machinery and Plant Facilities	5 954 000	0	0	0
Fixtures	0	203 000	0	0
Total Tangible Assets	9 155 000	9 693 000	9 826 000	10 161 000
Total Fiancial Fixed Assets	901 000	901 000	1 000 000	0
Total Fixed Assets	14 563 000	15 102 000	11 013 000	10 349 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 133 000	4 051 000	0	92 000
Total Current Assets	13 166 000	5 653 000	1 463 000	553 000
Total Assets	27 730 000	20 755 000	12 476 000	10 901 000
Total Equity	10 407 000	6 120 000	3 988 000	5 314 000
Short-Term Group Debt	4 499 000	4 956 000	0	0
Total Long-Term Debt	8 499 000	8 499 000	4 170 000	3 546 000
Creditors	430 000	0	3 036 000	578 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 684 000	579 000	56 000	1 301 000
Total Current Debt	8 823 000	6 136 000	4 318 000	2 041 000
Total Equity and Debt	27 730 000	20 755 000	12 476 000	10 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,2 %	34,84 %	−33,25 %	10,8 %
Debt-to-Equity Ratio	0,82	1,39	1,05	0,67
Operating Profit Margin	64,12 %	57,02 %	−251,53 %	31,58 %
Current Ratio	1,49	0,92	0,34	0,27
Quick Ratio	1,49	0,92	0,34	0,27
Equity Ratio	0,38	0,29	0,32	0,49
Gross Profit Margin	82,87 %	90,43 %	31,8 %	89,98 %