TINCO AS

3683 NOTODDEN

Finances

Share Ownership

Return on Equity

7,66 %

Current Ratio

13,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	215 000	7 000	287 000	224 000
Net Income	36 000	−95 000	69 000	14 000
Total Assets	505 000	460 000	585 000	474 000
Total Equity	470 000	434 000	529 000	461 000

Income (NOK)	2022	2021	2020	2019
Revenue	215 000	7 000	287 000	224 000
Expenditure	35 000	129 000	200 000	207 000
Operating Profit	46 000	−122 000	88 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	46 000	−122 000	88 000	18 000
Tax	10 000	−27 000	19 000	4 000
Net Income	36 000	−95 000	69 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	27 000	0	0
Total Current Assets	488 000	433 000	585 000	474 000
Total Assets	505 000	460 000	585 000	474 000
Total Retained Equity	310 000	274 000	369 000	301 000
Total Equity	470 000	434 000	529 000	461 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 000	26 000	55 000	13 000
Total Equity and Debt	505 000	460 000	585 000	474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	215 000	7 000	287 000	224 000
Other Income	0	0	0	0
Revenue	215 000	7 000	287 000	224 000
Cost of Goods Sold	−35 000	41 000	121 000	43 000
Salary Costs	25 000	13 000	29 000	126 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	35 000	129 000	200 000	207 000
Operating Profit	46 000	−122 000	88 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	36 000	−95 000	69 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	27 000	0	0
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	0	0	0	0
Total Fixed Assets	17 000	27 000	0	0
Stock	365 000	330 000	302 000	223 000
Total Investments	0	0	0	0
Cash, Bank	124 000	94 000	283 000	141 000
Total Current Assets	488 000	433 000	585 000	474 000
Total Assets	505 000	460 000	585 000	474 000
Total Equity	470 000	434 000	529 000	461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	6 000
Unpaid Taxes	21 000	0	16 000	0
Dividends	0	0	0	0
Other Current Debt	13 000	26 000	20 000	4 000
Total Current Debt	35 000	26 000	55 000	13 000
Total Equity and Debt	505 000	460 000	585 000	474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,66 %	−21,89 %	13,04 %	3,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,4 %	−1 742,86 %	30,66 %	8,04 %
Current Ratio	13,94	16,65	10,64	36,46
Quick Ratio	−1,48	−1,42	−2,37	−2,26
Equity Ratio	0,93	0,94	0,9	0,97
Gross Profit Margin	116,28 %	−485,71 %	57,84 %	80,8 %