TINN ENGINEERING AS

3660 RJUKAN

Finances

Share Ownership

Return on Equity

1,02 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	252 000	137 000	11 000	2 000
Net Income	7 000	326 000	32 000	−173 000
Total Assets	1 395 000	1 592 000	1 255 000	1 281 000
Total Equity	688 000	682 000	356 000	324 000

Income (NOK)	2022	2021	2020	2019
Revenue	252 000	137 000	11 000	2 000
Expenditure	40 000	88 000	69 000	296 000
Operating Profit	213 000	48 000	−59 000	−294 000
Financial Income	282 000	277 000	91 000	121 000
Financial Costs	488 000	0	0	0
Financial Balance	−206 000	277 000	91 000	121 000
Earnings Before Tax	7 000	326 000	32 000	−173 000
Tax	0	0	0	0
Net Income	7 000	326 000	32 000	−173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	10 000	12 000	15 000
Total Current Assets	1 386 000	1 582 000	1 243 000	1 265 000
Total Assets	1 395 000	1 592 000	1 255 000	1 281 000
Total Retained Equity	588 000	582 000	256 000	224 000
Total Equity	688 000	682 000	356 000	324 000
Total Long-Term Debt	0	0	0	820 000
Total Current Debt	707 000	910 000	899 000	137 000
Total Equity and Debt	1 395 000	1 592 000	1 255 000	1 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	252 000	137 000	11 000	2 000
Other Income	0	0	0	0
Revenue	252 000	137 000	11 000	2 000
Cost of Goods Sold	1 000	18 000	4 000	0
Salary Costs	−2 000	0	11 000	247 000
Depreciation	13 000	2 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	40 000	88 000	69 000	296 000
Operating Profit	213 000	48 000	−59 000	−294 000
Financial Income	282 000	277 000	91 000	121 000
Financial Costs	488 000	0	0	0
Financial Balance	−206 000	277 000	91 000	121 000
Dividends	0	0	0	24 000
Net Income	7 000	326 000	32 000	−173 000

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	9 000	0	0	0
Fixtures	0	10 000	12 000	15 000
Total Tangible Assets	9 000	10 000	12 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	10 000	12 000	15 000
Stock	11 000	11 000	11 000	11 000
Total Investments	905 000	1 393 000	1 115 000	936 000
Cash, Bank	471 000	167 000	117 000	312 000
Total Current Assets	1 386 000	1 582 000	1 243 000	1 265 000
Total Assets	1 395 000	1 592 000	1 255 000	1 281 000
Total Equity	688 000	682 000	356 000	324 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	820 000
Creditors	0	6 000	2 000	0
Unpaid Taxes	57 000	7 000	0	110 000
Dividends	0	0	0	24 000
Other Current Debt	650 000	897 000	897 000	2 000
Total Current Debt	707 000	910 000	899 000	137 000
Total Equity and Debt	1 395 000	1 592 000	1 255 000	1 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,02 %	47,8 %	8,99 %	−53,4 %
Debt-to-Equity Ratio	0	0	0	2,53
Operating Profit Margin	84,52 %	35,04 %	−536,36 %	−14 700 %
Current Ratio	1,96	1,74	1,38	9,23
Quick Ratio	1,99	1,76	1,4	10,04
Equity Ratio	0,49	0,43	0,28	0,25
Gross Profit Margin	99,6 %	86,86 %	63,64 %	100 %