TINNOSET SAG AS

3691 GRANSHERAD

Finances

Share Ownership

Return on Equity

11,58 %

Current Ratio

3,1

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 096 000	18 364 000	11 668 000	12 520 000
Net Income	1 046 000	1 169 000	−279 000	408 000
Total Assets	14 837 000	15 466 000	17 969 000	17 489 000
Total Equity	9 036 000	7 990 000	6 821 000	7 100 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 096 000	18 364 000	11 668 000	12 520 000
Expenditure	16 461 000	16 223 000	12 373 000	12 992 000
Operating Profit	1 662 000	1 764 000	119 000	797 000
Financial Income	1 000	16 000	0	2 000
Financial Costs	342 000	435 000	487 000	301 000
Financial Balance	−341 000	−419 000	−487 000	−299 000
Earnings Before Tax	1 321 000	1 346 000	−368 000	498 000
Tax	275 000	177 000	−89 000	89 000
Net Income	1 046 000	1 169 000	−279 000	408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 764 000	4 123 000	4 484 000	4 415 000
Total Current Assets	11 073 000	11 343 000	13 485 000	13 073 000
Total Assets	14 837 000	15 466 000	17 969 000	17 489 000
Total Retained Equity	7 084 000	6 038 000	4 869 000	5 148 000
Total Equity	9 036 000	7 990 000	6 821 000	7 100 000
Total Long-Term Debt	2 202 000	3 334 000	4 461 000	2 831 000
Total Current Debt	3 577 000	4 119 000	6 687 000	7 498 000
Total Equity and Debt	14 837 000	15 466 000	17 969 000	17 489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 024 000	18 364 000	11 663 000	12 514 000
Other Income	72 000	0	5 000	6 000
Revenue	18 096 000	18 364 000	11 668 000	12 520 000
Cost of Goods Sold	6 611 000	6 472 000	5 004 000	6 277 000
Salary Costs	3 987 000	4 471 000	3 136 000	2 439 000
Depreciation	458 000	475 000	226 000	204 000
Impairment	0	0	0	0
Expenditure	16 461 000	16 223 000	12 373 000	12 992 000
Operating Profit	1 662 000	1 764 000	119 000	797 000
Financial Income	1 000	16 000	0	2 000
Financial Costs	342 000	435 000	487 000	301 000
Financial Balance	−341 000	−419 000	−487 000	−299 000
Dividends	0	0	0	0
Net Income	1 046 000	1 169 000	−279 000	408 000

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	3 764 000	4 123 000	4 484 000	4 415 000
Fixtures	0	0	0	0
Total Tangible Assets	3 764 000	4 123 000	4 484 000	4 415 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 764 000	4 123 000	4 484 000	4 415 000
Stock	9 085 000	9 219 000	9 506 000	8 820 000
Total Investments	0	0	0	0
Cash, Bank	631 000	642 000	992 000	1 000 000
Total Current Assets	11 073 000	11 343 000	13 485 000	13 073 000
Total Assets	14 837 000	15 466 000	17 969 000	17 489 000
Total Equity	9 036 000	7 990 000	6 821 000	7 100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 202 000	3 334 000	4 461 000	2 831 000
Creditors	574 000	1 556 000	2 840 000	4 359 000
Unpaid Taxes	307 000	638 000	625 000	430 000
Dividends	0	0	0	0
Other Current Debt	1 186 000	842 000	608 000	333 000
Total Current Debt	3 577 000	4 119 000	6 687 000	7 498 000
Total Equity and Debt	14 837 000	15 466 000	17 969 000	17 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,58 %	14,63 %	−4,09 %	5,75 %
Debt-to-Equity Ratio	0,24	0,42	0,65	0,4
Operating Profit Margin	9,18 %	9,61 %	1,02 %	6,37 %
Current Ratio	3,1	2,75	2,02	1,74
Quick Ratio	−2,01	−2,22	−4,78	−9,89
Equity Ratio	0,61	0,52	0,38	0,41
Gross Profit Margin	63,47 %	64,76 %	57,11 %	49,86 %