TAO NORWAY AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

−336,02 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 632 000	2 998 000	2 687 000	3 353 000
Net Income	−709 000	388 000	163 000	−157 000
Total Assets	739 000	1 062 000	749 000	886 000
Total Equity	211 000	920 000	532 000	369 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 632 000	2 998 000	2 687 000	3 353 000
Expenditure	3 331 000	2 609 000	2 524 000	3 510 000
Operating Profit	−699 000	388 000	163 000	−157 000
Financial Income	0	0	0	0
Financial Costs	10 000	1 000	0	1 000
Financial Balance	−10 000	−1 000	0	−1 000
Earnings Before Tax	−709 000	388 000	163 000	−157 000
Tax	0	0	0	0
Net Income	−709 000	388 000	163 000	−157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 000	11 000	15 000	19 000
Total Current Assets	548 000	1 051 000	734 000	867 000
Total Assets	739 000	1 062 000	749 000	886 000
Total Retained Equity	81 000	790 000	402 000	239 000
Total Equity	211 000	920 000	532 000	369 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	527 000	142 000	217 000	518 000
Total Equity and Debt	739 000	1 062 000	749 000	886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 632 000	2 998 000	2 524 000	3 353 000
Other Income	0	0	163 000	0
Revenue	2 632 000	2 998 000	2 687 000	3 353 000
Cost of Goods Sold	15 000	26 000	34 000	35 000
Salary Costs	2 219 000	1 514 000	1 498 000	2 503 000
Depreciation	0	4 000	4 000	1 000
Impairment	0	0	0	0
Expenditure	3 331 000	2 609 000	2 524 000	3 510 000
Operating Profit	−699 000	388 000	163 000	−157 000
Financial Income	0	0	0	0
Financial Costs	10 000	1 000	0	1 000
Financial Balance	−10 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	−709 000	388 000	163 000	−157 000

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	0	0	0	0
Fixtures	0	11 000	15 000	19 000
Total Tangible Assets	0	11 000	15 000	19 000
Total Fiancial Fixed Assets	191 000	0	0	0
Total Fixed Assets	191 000	11 000	15 000	19 000
Stock	6 000	6 000	6 000	9 000
Total Investments	0	0	0	0
Cash, Bank	537 000	892 000	595 000	736 000
Total Current Assets	548 000	1 051 000	734 000	867 000
Total Assets	739 000	1 062 000	749 000	886 000
Total Equity	211 000	920 000	532 000	369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	−3 000	0	2 000	2 000
Unpaid Taxes	218 000	18 000	91 000	154 000
Dividends	0	0	0	0
Other Current Debt	312 000	124 000	123 000	361 000
Total Current Debt	527 000	142 000	217 000	518 000
Total Equity and Debt	739 000	1 062 000	749 000	886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−336,02 %	42,17 %	30,64 %	−42,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−26,56 %	12,94 %	6,07 %	−4,68 %
Current Ratio	1,04	7,4	3,38	1,67
Quick Ratio	1,05	7,73	3,48	1,7
Equity Ratio	0,29	0,87	0,71	0,42
Gross Profit Margin	99,43 %	99,13 %	98,73 %	98,96 %