TRENDCO AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

29,78 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 971 000	9 273 000	8 589 000	7 446 000
Net Income	968 000	987 000	987 000	759 000
Total Assets	5 456 000	5 241 000	4 377 000	3 484 000
Total Equity	3 250 000	2 882 000	2 495 000	2 453 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 971 000	9 273 000	8 589 000	7 446 000
Expenditure	9 743 000	7 999 000	7 320 000	6 470 000
Operating Profit	1 228 000	1 273 000	1 269 000	976 000
Financial Income	41 000	2 000	4 000	0
Financial Costs	27 000	10 000	7 000	2 000
Financial Balance	14 000	−8 000	−3 000	−2 000
Earnings Before Tax	1 241 000	1 265 000	1 266 000	974 000
Tax	273 000	278 000	279 000	214 000
Net Income	968 000	987 000	987 000	759 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 000
Total Current Assets	5 456 000	5 241 000	4 377 000	3 481 000
Total Assets	5 456 000	5 241 000	4 377 000	3 484 000
Total Retained Equity	2 800 000	2 432 000	2 045 000	2 003 000
Total Equity	3 250 000	2 882 000	2 495 000	2 453 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 206 000	2 359 000	1 882 000	1 031 000
Total Equity and Debt	5 456 000	5 241 000	4 377 000	3 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 921 000	9 273 000	8 569 000	7 446 000
Other Income	50 000	0	19 000	0
Revenue	10 971 000	9 273 000	8 589 000	7 446 000
Cost of Goods Sold	6 288 000	5 232 000	4 545 000	3 996 000
Salary Costs	2 218 000	1 716 000	1 734 000	1 456 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 743 000	7 999 000	7 320 000	6 470 000
Operating Profit	1 228 000	1 273 000	1 269 000	976 000
Financial Income	41 000	2 000	4 000	0
Financial Costs	27 000	10 000	7 000	2 000
Financial Balance	14 000	−8 000	−3 000	−2 000
Dividends	600 000	600 000	495 000	0
Net Income	968 000	987 000	987 000	759 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
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	0	0	0	0
Total Fixed Assets	0	0	0	3 000
Stock	2 520 000	2 042 000	1 678 000	1 535 000
Total Investments	0	0	0	0
Cash, Bank	2 848 000	3 119 000	2 659 000	1 933 000
Total Current Assets	5 456 000	5 241 000	4 377 000	3 481 000
Total Assets	5 456 000	5 241 000	4 377 000	3 484 000
Total Equity	3 250 000	2 882 000	2 495 000	2 453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	307 000	582 000	302 000	191 000
Unpaid Taxes	377 000	343 000	303 000	301 000
Dividends	600 000	600 000	495 000	0
Other Current Debt	1 249 000	1 155 000	1 001 000	326 000
Total Current Debt	2 206 000	2 359 000	1 882 000	1 031 000
Total Equity and Debt	5 456 000	5 241 000	4 377 000	3 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,78 %	34,25 %	39,56 %	30,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,19 %	13,73 %	14,77 %	13,11 %
Current Ratio	2,47	2,22	2,33	3,38
Quick Ratio	−17,38	16,53	21,46	−6,91
Equity Ratio	0,6	0,55	0,57	0,7
Gross Profit Margin	42,69 %	43,58 %	47,08 %	46,33 %