TS GROUP AS

3937 PORSGRUNN

Finances

Share Ownership

Return on Equity

24,36 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	320 199 000	281 092 000	221 875 000	310 207 000
Net Income	7 442 000	3 119 000	−4 863 000	14 262 000
Total Assets	107 906 000	98 299 000	96 726 000	114 542 000
Total Equity	30 544 000	27 821 000	27 371 000	32 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	320 199 000	281 092 000	221 875 000	310 207 000
Expenditure	310 989 000	276 739 000	227 882 000	292 156 000
Operating Profit	9 210 000	4 354 000	−6 008 000	18 051 000
Financial Income	335 000	50 000	131 000	275 000
Financial Costs	4 000	332 000	341 000	18 000
Financial Balance	331 000	−282 000	−210 000	257 000
Earnings Before Tax	9 541 000	4 072 000	−6 219 000	18 308 000
Tax	2 099 000	953 000	−1 356 000	4 046 000
Net Income	7 442 000	3 119 000	−4 863 000	14 262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 123 000	1 805 000	3 181 000	2 183 000
Total Current Assets	106 783 000	96 494 000	93 545 000	112 360 000
Total Assets	107 906 000	98 299 000	96 726 000	114 542 000
Total Retained Equity	17 409 000	14 686 000	15 767 000	20 631 000
Total Equity	30 544 000	27 821 000	27 371 000	32 234 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	77 362 000	70 478 000	69 355 000	82 308 000
Total Equity and Debt	107 906 000	98 299 000	96 726 000	114 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	320 199 000	281 092 000	221 875 000	310 207 000
Other Income	0	0	0	0
Revenue	320 199 000	281 092 000	221 875 000	310 207 000
Cost of Goods Sold	19 453 000	26 281 000	21 500 000	33 515 000
Salary Costs	250 931 000	220 001 000	183 799 000	239 144 000
Depreciation	684 000	669 000	626 000	618 000
Impairment	0	0	0	0
Expenditure	310 989 000	276 739 000	227 882 000	292 156 000
Operating Profit	9 210 000	4 354 000	−6 008 000	18 051 000
Financial Income	335 000	50 000	131 000	275 000
Financial Costs	4 000	332 000	341 000	18 000
Financial Balance	331 000	−282 000	−210 000	257 000
Dividends	0	4 200 000	0	0
Net Income	7 442 000	3 119 000	−4 863 000	14 262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	398 000	637 000	1 833 000	579 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	725 000	1 168 000	1 318 000	1 183 000
Total Tangible Assets	725 000	1 168 000	1 318 000	1 183 000
Total Fiancial Fixed Assets	0	0	30 000	420 000
Total Fixed Assets	1 123 000	1 805 000	3 181 000	2 183 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 092 000	8 446 000	7 547 000	8 755 000
Total Current Assets	106 783 000	96 494 000	93 545 000	112 360 000
Total Assets	107 906 000	98 299 000	96 726 000	114 542 000
Total Equity	30 544 000	27 821 000	27 371 000	32 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 071 000	5 557 000	7 400 000	6 913 000
Unpaid Taxes	28 692 000	27 913 000	20 879 000	27 500 000
Dividends	0	4 200 000	0	0
Other Current Debt	42 828 000	37 008 000	41 076 000	47 896 000
Total Current Debt	77 362 000	70 478 000	69 355 000	82 308 000
Total Equity and Debt	107 906 000	98 299 000	96 726 000	114 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,36 %	11,21 %	−17,77 %	44,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,88 %	1,55 %	−2,71 %	5,82 %
Current Ratio	1,38	1,37	1,35	1,37
Quick Ratio	1,38	1,37	1,35	1,37
Equity Ratio	0,28	0,28	0,28	0,28
Gross Profit Margin	93,92 %	90,65 %	90,31 %	89,2 %