TTFINANS AS

4331 ÅLGÅRD

Finances

Return on Equity

11,18 %

Current Ratio

5,4

Debt-to-Equity Ratio

1,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 000	81 000	68 000	43 000
Net Income	471 000	538 000	350 000	164 000
Total Assets	12 370 000	12 372 000	12 555 000	12 721 000
Total Equity	4 211 000	3 740 000	3 201 000	2 851 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 000	81 000	68 000	43 000
Expenditure	118 000	72 000	72 000	86 000
Operating Profit	−26 000	9 000	−4 000	−42 000
Financial Income	941 000	891 000	830 000	637 000
Financial Costs	310 000	210 000	269 000	340 000
Financial Balance	631 000	681 000	561 000	297 000
Earnings Before Tax	605 000	690 000	557 000	255 000
Tax	134 000	152 000	207 000	92 000
Net Income	471 000	538 000	350 000	164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 510 000	11 567 000	11 645 000	12 265 000
Total Current Assets	859 000	805 000	910 000	456 000
Total Assets	12 370 000	12 372 000	12 555 000	12 721 000
Total Retained Equity	523 000	52 000	−487 000	−837 000
Total Equity	4 211 000	3 740 000	3 201 000	2 851 000
Total Long-Term Debt	8 000 000	8 580 000	9 323 000	9 823 000
Total Current Debt	159 000	53 000	31 000	47 000
Total Equity and Debt	12 370 000	12 372 000	12 555 000	12 721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	91 000	81 000	68 000	43 000
Revenue	91 000	81 000	68 000	43 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	118 000	72 000	72 000	86 000
Operating Profit	−26 000	9 000	−4 000	−42 000
Financial Income	941 000	891 000	830 000	637 000
Financial Costs	310 000	210 000	269 000	340 000
Financial Balance	631 000	681 000	561 000	297 000
Dividends	0	0	0	0
Net Income	471 000	538 000	350 000	164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	158 000	310 000	517 000
Real Eastate	2 794 000	2 794 000	2 794 000	2 794 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 794 000	2 794 000	2 794 000	2 794 000
Total Fiancial Fixed Assets	8 692 000	8 615 000	8 541 000	8 955 000
Total Fixed Assets	11 510 000	11 567 000	11 645 000	12 265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	21 000	195 000	73 000
Total Current Assets	859 000	805 000	910 000	456 000
Total Assets	12 370 000	12 372 000	12 555 000	12 721 000
Total Equity	4 211 000	3 740 000	3 201 000	2 851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000 000	8 580 000	9 323 000	9 823 000
Creditors	14 000	23 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	144 000	30 000	27 000	47 000
Total Current Debt	159 000	53 000	31 000	47 000
Total Equity and Debt	12 370 000	12 372 000	12 555 000	12 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,18 %	14,39 %	10,93 %	5,75 %
Debt-to-Equity Ratio	1,9	2,29	2,91	3,45
Operating Profit Margin	−28,57 %	11,11 %	−5,88 %	−97,67 %
Current Ratio	5,4	15,19	29,35	9,7
Quick Ratio	5,4	15,19	29,35	9,7
Equity Ratio	0,34	0,3	0,25	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %