TULIN HOLDING AS

0556 OSLO

Finances

Return on Equity

11,9 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 000	331 000	240 000	137 000
Net Income	32 000	19 000	242 000	−949 000
Total Assets	641 000	855 000	1 080 000	806 000
Total Equity	269 000	237 000	218 000	−25 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 000	331 000	240 000	137 000
Expenditure	94 000	193 000	140 000	664 000
Operating Profit	160 000	138 000	100 000	−527 000
Financial Income	0	89 000	389 000	564 000
Financial Costs	136 000	178 000	227 000	1 115 000
Financial Balance	−136 000	−89 000	162 000	−551 000
Earnings Before Tax	24 000	49 000	263 000	−1 078 000
Tax	−8 000	30 000	20 000	−129 000
Net Income	32 000	19 000	242 000	−949 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 000	133 000	162 000	223 000
Total Current Assets	501 000	722 000	918 000	583 000
Total Assets	641 000	855 000	1 080 000	806 000
Total Retained Equity	−1 331 000	−1 363 000	−1 382 000	−1 625 000
Total Equity	269 000	237 000	218 000	−25 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	373 000	618 000	862 000	831 000
Total Equity and Debt	641 000	855 000	1 080 000	806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 000	331 000	240 000	57 000
Other Income	0	0	0	80 000
Revenue	254 000	331 000	240 000	137 000
Cost of Goods Sold	0	60 000	0	0
Salary Costs	1 000	1 000	1 000	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	94 000	193 000	140 000	664 000
Operating Profit	160 000	138 000	100 000	−527 000
Financial Income	0	89 000	389 000	564 000
Financial Costs	136 000	178 000	227 000	1 115 000
Financial Balance	−136 000	−89 000	162 000	−551 000
Dividends	0	0	0	0
Net Income	32 000	19 000	242 000	−949 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	114 000	107 000	136 000	157 000
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	26 000	26 000	26 000	66 000
Total Fixed Assets	140 000	133 000	162 000	223 000
Stock	0	0	0	0
Total Investments	490 000	618 000	277 000	272 000
Cash, Bank	11 000	34 000	314 000	199 000
Total Current Assets	501 000	722 000	918 000	583 000
Total Assets	641 000	855 000	1 080 000	806 000
Total Equity	269 000	237 000	218 000	−25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	30 000	29 000	0
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	355 000	587 000	833 000	831 000
Total Current Debt	373 000	618 000	862 000	831 000
Total Equity and Debt	641 000	855 000	1 080 000	806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,9 %	8,02 %	111,01 %	3 796 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	62,99 %	41,69 %	41,67 %	−384,67 %
Current Ratio	1,34	1,17	1,06	0,7
Quick Ratio	1,34	1,17	1,06	0,7
Equity Ratio	0,42	0,28	0,2	−0,03
Gross Profit Margin	100 %	81,87 %	100 %	100 %