TIPPEN EIENDOM AS

4360 VARHAUG

Finances

Return on Equity

87,54 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000 000	0	0	0
Net Income	3 055 000	−75 000	−57 000	−34 000
Total Assets	4 469 000	515 000	630 000	708 000
Total Equity	3 490 000	436 000	510 000	567 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000 000	0	0	0
Expenditure	138 000	96 000	71 000	43 000
Operating Profit	3 862 000	−96 000	−71 000	−43 000
Financial Income	54 000	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	54 000	0	−2 000	0
Earnings Before Tax	3 916 000	−96 000	−73 000	−43 000
Tax	862 000	−21 000	−16 000	−10 000
Net Income	3 055 000	−75 000	−57 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 011 000	290 000	290 000	0
Total Current Assets	457 000	225 000	341 000	708 000
Total Assets	4 469 000	515 000	630 000	708 000
Total Retained Equity	3 420 000	365 000	440 000	497 000
Total Equity	3 490 000	436 000	510 000	567 000
Total Long-Term Debt	765 000	74 000	95 000	119 000
Total Current Debt	214 000	5 000	25 000	22 000
Total Equity and Debt	4 469 000	515 000	630 000	708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 000 000	0	0	0
Revenue	4 000 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	138 000	96 000	71 000	43 000
Operating Profit	3 862 000	−96 000	−71 000	−43 000
Financial Income	54 000	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	54 000	0	−2 000	0
Dividends	0	0	0	0
Net Income	3 055 000	−75 000	−57 000	−34 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 011 000	290 000	290 000	0
Total Fixed Assets	4 011 000	290 000	290 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	137 000	225 000	341 000	451 000
Total Current Assets	457 000	225 000	341 000	708 000
Total Assets	4 469 000	515 000	630 000	708 000
Total Equity	3 490 000	436 000	510 000	567 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	765 000	74 000	95 000	119 000
Creditors	37 000	5 000	6 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	0	11 000	0
Total Current Debt	214 000	5 000	25 000	22 000
Total Equity and Debt	4 469 000	515 000	630 000	708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,54 %	−17,2 %	−11,18 %	−6 %
Debt-to-Equity Ratio	0,22	0,17	0,19	0,21
Operating Profit Margin	96,55 %	-	-	-
Current Ratio	2,14	45	13,64	32,18
Quick Ratio	2,14	45	13,64	32,18
Equity Ratio	0,78	0,85	0,81	0,8
Gross Profit Margin	100 %	-	-	-