TIDE VERKSTED AS

5009 BERGEN

Finances

Return on Equity

−39,6 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 368 000	89 951 000	133 170 000	164 529 000
Net Income	−3 208 000	−7 826 000	−3 967 000	−2 008 000
Total Assets	67 511 000	59 458 000	40 273 000	62 272 000
Total Equity	8 101 000	−373 000	5 611 000	5 643 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 368 000	89 951 000	133 170 000	164 529 000
Expenditure	109 021 000	99 180 000	137 432 000	165 794 000
Operating Profit	−3 653 000	−9 229 000	−4 262 000	−1 266 000
Financial Income	785 000	48 000	32 000	25 000
Financial Costs	1 437 000	845 000	846 000	1 326 000
Financial Balance	−652 000	−797 000	−814 000	−1 301 000
Earnings Before Tax	−4 305 000	−10 026 000	−5 077 000	−2 568 000
Tax	−1 096 000	−2 200 000	−1 110 000	−560 000
Net Income	−3 208 000	−7 826 000	−3 967 000	−2 008 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 938 000	23 205 000	10 630 000	7 311 000
Total Current Assets	44 573 000	36 253 000	29 643 000	54 961 000
Total Assets	67 511 000	59 458 000	40 273 000	62 272 000
Total Retained Equity	0	−11 793 000	−3 967 000	0
Total Equity	8 101 000	−373 000	5 611 000	5 643 000
Total Long-Term Debt	5 310 000	6 154 000	0	0
Total Current Debt	54 100 000	53 677 000	34 662 000	56 630 000
Total Equity and Debt	67 511 000	59 458 000	40 273 000	62 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 798 000	82 797 000	130 045 000	157 537 000
Other Income	1 570 000	7 154 000	3 124 000	6 992 000
Revenue	105 368 000	89 951 000	133 170 000	164 529 000
Cost of Goods Sold	37 019 000	29 877 000	52 328 000	66 642 000
Salary Costs	42 482 000	40 942 000	52 265 000	62 645 000
Depreciation	1 928 000	2 119 000	1 373 000	1 482 000
Impairment	0	0	0	0
Expenditure	109 021 000	99 180 000	137 432 000	165 794 000
Operating Profit	−3 653 000	−9 229 000	−4 262 000	−1 266 000
Financial Income	785 000	48 000	32 000	25 000
Financial Costs	1 437 000	845 000	846 000	1 326 000
Financial Balance	−652 000	−797 000	−814 000	−1 301 000
Dividends	0	0	0	0
Net Income	−3 208 000	−7 826 000	−3 967 000	−2 008 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 380 000	1 758 000	77 000	78 000
Real Eastate	34 000	37 000	0	0
Machinery and Plant Facilities	17 103 000	17 989 000	7 132 000	4 313 000
Fixtures	0	0	0	0
Total Tangible Assets	17 137 000	18 026 000	7 132 000	4 313 000
Total Fiancial Fixed Assets	3 421 000	3 421 000	3 421 000	2 921 000
Total Fixed Assets	22 938 000	23 205 000	10 630 000	7 311 000
Stock	14 197 000	13 912 000	12 237 000	16 145 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	44 573 000	36 253 000	29 643 000	54 961 000
Total Assets	67 511 000	59 458 000	40 273 000	62 272 000
Total Equity	8 101 000	−373 000	5 611 000	5 643 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 310 000	6 154 000	0	0
Creditors	6 361 000	5 254 000	7 220 000	10 588 000
Unpaid Taxes	2 803 000	3 362 000	2 913 000	3 569 000
Dividends	0	0	0	0
Other Current Debt	44 936 000	45 061 000	24 529 000	42 472 000
Total Current Debt	54 100 000	53 677 000	34 662 000	56 630 000
Total Equity and Debt	67 511 000	59 458 000	40 273 000	62 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,6 %	2 098,12 %	−70,7 %	−35,58 %
Debt-to-Equity Ratio	0,66	−16,5	0	0
Operating Profit Margin	−3,47 %	−10,26 %	−3,2 %	−0,77 %
Current Ratio	0,82	0,68	0,86	0,97
Quick Ratio	1,12	0,91	1,32	1,36
Equity Ratio	0,12	−0,01	0,14	0,09
Gross Profit Margin	64,87 %	66,79 %	60,71 %	59,5 %