TGE AS

3760 NESLANDSVATN

Finances

Share Ownership

Return on Equity

−17,04 %

Current Ratio

2,33

Debt-to-Equity Ratio

−1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	225 000	67 000	182 000	54 000
Net Income	91 000	−30 000	70 000	−113 000
Total Assets	704 000	548 000	537 000	530 000
Total Equity	−534 000	−626 000	−596 000	−666 000

Income (NOK)	2022	2021	2020	2019
Revenue	225 000	67 000	182 000	54 000
Expenditure	262 000	81 000	94 000	144 000
Operating Profit	−37 000	−15 000	88 000	−90 000
Financial Income	146 000	0	2 000	3 000
Financial Costs	19 000	15 000	20 000	26 000
Financial Balance	127 000	−15 000	−18 000	−23 000
Earnings Before Tax	91 000	−30 000	70 000	−113 000
Tax	0	0	0	0
Net Income	91 000	−30 000	70 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	548 000	497 000	500 000
Total Current Assets	461 000	0	41 000	30 000
Total Assets	704 000	548 000	537 000	530 000
Total Retained Equity	−986 000	−1 077 000	−1 047 000	−1 118 000
Total Equity	−534 000	−626 000	−596 000	−666 000
Total Long-Term Debt	1 040 000	799 000	1 002 000	1 069 000
Total Current Debt	198 000	375 000	131 000	126 000
Total Equity and Debt	704 000	548 000	537 000	530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	225 000	67 000	159 000	54 000
Other Income	0	0	23 000	0
Revenue	225 000	67 000	182 000	54 000
Cost of Goods Sold	76 000	0	14 000	22 000
Salary Costs	0	0	0	1 000
Depreciation	45 000	3 000	3 000	1 000
Impairment	0	0	0	0
Expenditure	262 000	81 000	94 000	144 000
Operating Profit	−37 000	−15 000	88 000	−90 000
Financial Income	146 000	0	2 000	3 000
Financial Costs	19 000	15 000	20 000	26 000
Financial Balance	127 000	−15 000	−18 000	−23 000
Dividends	0	0	0	0
Net Income	91 000	−30 000	70 000	−113 000

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	170 000	9 000	0	0
Fixtures	0	0	12 000	15 000
Total Tangible Assets	170 000	9 000	12 000	15 000
Total Fiancial Fixed Assets	73 000	540 000	485 000	485 000
Total Fixed Assets	242 000	548 000	497 000	500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	394 000	0	0	0
Total Current Assets	461 000	0	41 000	30 000
Total Assets	704 000	548 000	537 000	530 000
Total Equity	−534 000	−626 000	−596 000	−666 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 040 000	799 000	1 002 000	1 069 000
Creditors	7 000	0	3 000	0
Unpaid Taxes	0	2 000	26 000	0
Dividends	0	0	0	0
Other Current Debt	191 000	186 000	0	0
Total Current Debt	198 000	375 000	131 000	126 000
Total Equity and Debt	704 000	548 000	537 000	530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,04 %	4,79 %	−11,74 %	16,97 %
Debt-to-Equity Ratio	−1,95	−1,28	−1,68	−1,61
Operating Profit Margin	−16,44 %	−22,39 %	48,35 %	−166,67 %
Current Ratio	2,33	0	0,31	0,24
Quick Ratio	2,33	0	0,31	0,24
Equity Ratio	−0,76	−1,14	−1,11	−1,26
Gross Profit Margin	66,22 %	100 %	92,31 %	59,26 %