TNB SORTLAND AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

106,74 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 036 000	19 087 000	15 053 000	16 794 000
Net Income	808 000	966 000	301 000	383 000
Total Assets	3 785 000	3 503 000	2 328 000	3 046 000
Total Equity	757 000	683 000	453 000	595 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 036 000	19 087 000	15 053 000	16 794 000
Expenditure	18 006 000	17 847 000	14 675 000	16 305 000
Operating Profit	1 029 000	1 239 000	378 000	489 000
Financial Income	9 000	0	2 000	4 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	8 000	−1 000	2 000	3 000
Earnings Before Tax	1 036 000	1 239 000	380 000	492 000
Tax	228 000	272 000	79 000	108 000
Net Income	808 000	966 000	301 000	383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	13 000	21 000	25 000
Total Current Assets	3 781 000	3 490 000	2 307 000	3 021 000
Total Assets	3 785 000	3 503 000	2 328 000	3 046 000
Total Retained Equity	556 000	482 000	253 000	394 000
Total Equity	757 000	683 000	453 000	595 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 028 000	2 820 000	1 875 000	2 452 000
Total Equity and Debt	3 785 000	3 503 000	2 328 000	3 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 758 000	17 017 000	13 554 000	14 481 000
Other Income	2 278 000	2 070 000	1 499 000	2 313 000
Revenue	19 036 000	19 087 000	15 053 000	16 794 000
Cost of Goods Sold	13 789 000	14 011 000	11 434 000	12 774 000
Salary Costs	2 222 000	2 085 000	1 786 000	2 092 000
Depreciation	8 000	8 000	8 000	27 000
Impairment	0	0	0	0
Expenditure	18 006 000	17 847 000	14 675 000	16 305 000
Operating Profit	1 029 000	1 239 000	378 000	489 000
Financial Income	9 000	0	2 000	4 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	8 000	−1 000	2 000	3 000
Dividends	734 000	736 000	442 000	117 000
Net Income	808 000	966 000	301 000	383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	4 000	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	8 000	17 000	25 000
Total Tangible Assets	0	8 000	17 000	25 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	5 000	13 000	21 000	25 000
Stock	1 364 000	881 000	577 000	704 000
Total Investments	0	0	0	0
Cash, Bank	515 000	791 000	357 000	743 000
Total Current Assets	3 781 000	3 490 000	2 307 000	3 021 000
Total Assets	3 785 000	3 503 000	2 328 000	3 046 000
Total Equity	757 000	683 000	453 000	595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 166 000	1 176 000	806 000	1 201 000
Unpaid Taxes	419 000	196 000	228 000	366 000
Dividends	734 000	736 000	442 000	117 000
Other Current Debt	481 000	439 000	315 000	739 000
Total Current Debt	3 028 000	2 820 000	1 875 000	2 452 000
Total Equity and Debt	3 785 000	3 503 000	2 328 000	3 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,74 %	141,43 %	66,45 %	64,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,41 %	6,49 %	2,51 %	2,91 %
Current Ratio	1,25	1,24	1,23	1,23
Quick Ratio	2,27	1,8	1,78	1,73
Equity Ratio	0,2	0,19	0,19	0,2
Gross Profit Margin	27,56 %	26,59 %	24,04 %	23,94 %