TUENGEN DRIFT AS

2890 ETNEDAL

Finances

Share Ownership

Return on Equity

−27,04 %

Current Ratio

1,44

Debt-to-Equity Ratio

3,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 012 000	4 245 000	1 909 000	1 835 000
Net Income	−53 000	99 000	94 000	−12 000
Total Assets	1 774 000	1 523 000	1 110 000	849 000
Total Equity	196 000	249 000	150 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 012 000	4 245 000	1 909 000	1 835 000
Expenditure	4 033 000	4 123 000	1 802 000	1 837 000
Operating Profit	−20 000	123 000	107 000	−1 000
Financial Income	0	0	0	0
Financial Costs	34 000	19 000	13 000	12 000
Financial Balance	−34 000	−19 000	−13 000	−12 000
Earnings Before Tax	−54 000	104 000	94 000	−12 000
Tax	−1 000	4 000	0	0
Net Income	−53 000	99 000	94 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	383 000	416 000	495 000	355 000
Total Current Assets	1 391 000	1 106 000	615 000	494 000
Total Assets	1 774 000	1 523 000	1 110 000	849 000
Total Retained Equity	−604 000	−551 000	−650 000	−744 000
Total Equity	196 000	249 000	150 000	56 000
Total Long-Term Debt	612 000	413 000	557 000	433 000
Total Current Debt	965 000	860 000	403 000	360 000
Total Equity and Debt	1 774 000	1 523 000	1 110 000	849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 012 000	4 185 000	1 901 000	1 835 000
Other Income	0	60 000	9 000	0
Revenue	4 012 000	4 245 000	1 909 000	1 835 000
Cost of Goods Sold	1 830 000	1 503 000	714 000	1 195 000
Salary Costs	1 296 000	1 759 000	546 000	164 000
Depreciation	55 000	59 000	33 000	24 000
Impairment	0	0	0	0
Expenditure	4 033 000	4 123 000	1 802 000	1 837 000
Operating Profit	−20 000	123 000	107 000	−1 000
Financial Income	0	0	0	0
Financial Costs	34 000	19 000	13 000	12 000
Financial Balance	−34 000	−19 000	−13 000	−12 000
Dividends	0	0	0	0
Net Income	−53 000	99 000	94 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	200 000	200 000	194 000	160 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	182 000	216 000	301 000	195 000
Total Tangible Assets	383 000	416 000	495 000	355 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	383 000	416 000	495 000	355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	271 000	189 000	71 000	98 000
Total Current Assets	1 391 000	1 106 000	615 000	494 000
Total Assets	1 774 000	1 523 000	1 110 000	849 000
Total Equity	196 000	249 000	150 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	612 000	413 000	557 000	433 000
Creditors	251 000	231 000	276 000	293 000
Unpaid Taxes	111 000	122 000	82 000	29 000
Dividends	0	0	0	0
Other Current Debt	600 000	507 000	45 000	39 000
Total Current Debt	965 000	860 000	403 000	360 000
Total Equity and Debt	1 774 000	1 523 000	1 110 000	849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,04 %	39,76 %	62,67 %	−21,43 %
Debt-to-Equity Ratio	3,12	1,66	3,71	7,73
Operating Profit Margin	−0,5 %	2,9 %	5,61 %	−0,05 %
Current Ratio	1,44	1,29	1,53	1,37
Quick Ratio	1,44	1,29	1,53	1,37
Equity Ratio	0,11	0,16	0,14	0,07
Gross Profit Margin	54,39 %	64,59 %	62,6 %	34,88 %