TINGVOLL VEKST AS

6630 TINGVOLL

Finances

Share Ownership

Return on Equity

−191,38 %

Current Ratio

30,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 440 000	955 000	65 000	97 000
Net Income	−111 000	476 000	−217 000	−215 000
Total Assets	2 935 000	6 182 000	3 889 000	4 028 000
Total Equity	58 000	169 000	−307 000	−190 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 440 000	955 000	65 000	97 000
Expenditure	4 356 000	337 000	124 000	101 000
Operating Profit	84 000	618 000	−59 000	−3 000
Financial Income	1 000	0	0	0
Financial Costs	195 000	142 000	159 000	211 000
Financial Balance	−194 000	−142 000	−159 000	−211 000
Earnings Before Tax	−111 000	476 000	−217 000	−215 000
Tax	0	0	0	0
Net Income	−111 000	476 000	−217 000	−215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	54 000	855 000	902 000
Total Current Assets	2 880 000	6 128 000	3 035 000	3 125 000
Total Assets	2 935 000	6 182 000	3 889 000	4 028 000
Total Retained Equity	−1 132 000	−1 021 000	−1 497 000	−1 280 000
Total Equity	58 000	169 000	−307 000	−190 000
Total Long-Term Debt	2 784 000	5 203 000	4 174 000	4 174 000
Total Current Debt	93 000	810 000	23 000	44 000
Total Equity and Debt	2 935 000	6 182 000	3 889 000	4 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 440 000	830 000	0	0
Other Income	0	125 000	65 000	97 000
Revenue	4 440 000	955 000	65 000	97 000
Cost of Goods Sold	4 269 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	16 000	48 000	43 000
Impairment	0	0	0	0
Expenditure	4 356 000	337 000	124 000	101 000
Operating Profit	84 000	618 000	−59 000	−3 000
Financial Income	1 000	0	0	0
Financial Costs	195 000	142 000	159 000	211 000
Financial Balance	−194 000	−142 000	−159 000	−211 000
Dividends	0	0	0	0
Net Income	−111 000	476 000	−217 000	−215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 000	54 000	855 000	902 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	54 000	54 000	855 000	902 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	54 000	855 000	902 000
Stock	2 576 000	5 827 000	2 895 000	2 895 000
Total Investments	0	0	0	0
Cash, Bank	245 000	212 000	49 000	63 000
Total Current Assets	2 880 000	6 128 000	3 035 000	3 125 000
Total Assets	2 935 000	6 182 000	3 889 000	4 028 000
Total Equity	58 000	169 000	−307 000	−190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 784 000	5 203 000	4 174 000	4 174 000
Creditors	93 000	416 000	23 000	5 000
Unpaid Taxes	0	0	0	17 000
Dividends	0	0	0	0
Other Current Debt	0	394 000	0	21 000
Total Current Debt	93 000	810 000	23 000	44 000
Total Equity and Debt	2 935 000	6 182 000	3 889 000	4 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−191,38 %	281,66 %	70,68 %	113,16 %
Debt-to-Equity Ratio	48	30,79	−13,6	−21,97
Operating Profit Margin	1,89 %	64,71 %	−90,77 %	−3,09 %
Current Ratio	30,97	7,57	131,96	71,02
Quick Ratio	−1,16	−1,22	−1,06	−1,1
Equity Ratio	0,02	0,03	−0,08	−0,05
Gross Profit Margin	3,85 %	100 %	100 %	100 %