TIPP TRANSPORT HOLDING AS

3933 PORSGRUNN

Finances

Return on Equity

31,25 %

Current Ratio

0,67

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	218 754 000	181 900 000	181 951 000	199 902 000
Net Income	11 764 000	1 033 000	4 421 000	−230 000
Total Assets	225 220 000	162 945 000	128 201 000	149 258 000
Total Equity	37 639 000	29 799 000	32 163 000	29 487 000

Income (NOK)	2022	2021	2020	2019
Revenue	218 754 000	181 900 000	181 951 000	199 902 000
Expenditure	198 663 000	178 251 000	173 305 000	196 960 000
Operating Profit	20 091 000	3 650 000	8 645 000	2 942 000
Financial Income	56 000	158 000	52 000	94 000
Financial Costs	4 752 000	2 349 000	3 162 000	3 186 000
Financial Balance	−4 696 000	−2 191 000	−3 110 000	−3 092 000
Earnings Before Tax	15 395 000	1 460 000	5 536 000	−150 000
Tax	3 631 000	427 000	1 114 000	80 000
Net Income	11 764 000	1 033 000	4 421 000	−230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 957 000	121 260 000	92 888 000	107 239 000
Total Current Assets	51 263 000	41 685 000	35 313 000	42 019 000
Total Assets	225 220 000	162 945 000	128 201 000	149 258 000
Total Retained Equity	36 531 000	28 691 000	31 056 000	28 379 000
Total Equity	37 639 000	29 799 000	32 163 000	29 487 000
Total Long-Term Debt	110 823 000	74 183 000	53 763 000	63 941 000
Total Current Debt	76 759 000	58 963 000	42 274 000	55 830 000
Total Equity and Debt	225 220 000	162 945 000	128 201 000	149 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	194 655 000	175 119 000	175 365 000	192 933 000
Other Income	24 100 000	6 781 000	6 586 000	6 969 000
Revenue	218 754 000	181 900 000	181 951 000	199 902 000
Cost of Goods Sold	16 076 000	12 555 000	10 944 000	20 256 000
Salary Costs	80 555 000	77 493 000	74 335 000	82 737 000
Depreciation	20 341 000	20 526 000	21 794 000	21 723 000
Impairment	0	0	0	0
Expenditure	198 663 000	178 251 000	173 305 000	196 960 000
Operating Profit	20 091 000	3 650 000	8 645 000	2 942 000
Financial Income	56 000	158 000	52 000	94 000
Financial Costs	4 752 000	2 349 000	3 162 000	3 186 000
Financial Balance	−4 696 000	−2 191 000	−3 110 000	−3 092 000
Dividends	0	0	0	0
Net Income	11 764 000	1 033 000	4 421 000	−230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 408 000	708 000	1 015 000	996 000
Total Intangible Assets	3 408 000	708 000	1 015 000	996 000
Real Eastate	122 472 000	71 678 000	33 342 000	33 786 000
Machinery and Plant Facilities	41 909 000	48 829 000	58 456 000	72 456 000
Fixtures	67 000	44 000	0	0
Total Tangible Assets	164 447 000	120 551 000	91 798 000	106 242 000
Total Fiancial Fixed Assets	6 101 000	1 000	76 000	1 000
Total Fixed Assets	173 957 000	121 260 000	92 888 000	107 239 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 922 000	3 436 000	3 884 000	3 520 000
Total Current Assets	51 263 000	41 685 000	35 313 000	42 019 000
Total Assets	225 220 000	162 945 000	128 201 000	149 258 000
Total Equity	37 639 000	29 799 000	32 163 000	29 487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	110 823 000	74 183 000	53 763 000	63 941 000
Creditors	13 811 000	12 980 000	7 867 000	10 150 000
Unpaid Taxes	9 950 000	9 415 000	9 410 000	8 362 000
Dividends	0	0	0	0
Other Current Debt	23 467 000	0	11 111 000	11 716 000
Total Current Debt	76 759 000	58 963 000	42 274 000	55 830 000
Total Equity and Debt	225 220 000	162 945 000	128 201 000	149 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,25 %	3,47 %	13,75 %	−0,78 %
Debt-to-Equity Ratio	2,94	2,49	1,67	2,17
Operating Profit Margin	9,18 %	2,01 %	4,75 %	1,47 %
Current Ratio	0,67	0,71	0,84	0,75
Quick Ratio	0,67	0,71	0,84	0,75
Equity Ratio	0,17	0,18	0,25	0,2
Gross Profit Margin	92,65 %	93,1 %	93,99 %	89,87 %