TT GROUP AS

8515 NARVIK

Finances

Return on Equity

−249,09 %

Current Ratio

0,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	734 000	1 949 000	1 246 000	1 663 000
Net Income	−137 000	150 000	95 000	22 000
Total Assets	1 705 000	1 226 000	2 708 000	1 987 000
Total Equity	55 000	457 000	307 000	212 000

Income (NOK)	2022	2021	2020	2019
Revenue	734 000	1 949 000	1 246 000	1 663 000
Expenditure	692 000	1 676 000	1 220 000	1 553 000
Operating Profit	42 000	273 000	27 000	110 000
Financial Income	0	0	130 000	0
Financial Costs	157 000	104 000	62 000	89 000
Financial Balance	−157 000	−104 000	68 000	−89 000
Earnings Before Tax	−114 000	169 000	95 000	22 000
Tax	23 000	18 000	0	0
Net Income	−137 000	150 000	95 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 326 000	369 000	990 000	959 000
Total Current Assets	379 000	857 000	1 718 000	1 028 000
Total Assets	1 705 000	1 226 000	2 708 000	1 987 000
Total Retained Equity	−45 000	92 000	−58 000	−153 000
Total Equity	55 000	457 000	307 000	212 000
Total Long-Term Debt	0	−11 000	1 199 000	1 266 000
Total Current Debt	1 650 000	779 000	1 202 000	509 000
Total Equity and Debt	1 705 000	1 226 000	2 708 000	1 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	734 000	1 909 000	1 158 000	1 561 000
Other Income	0	40 000	88 000	103 000
Revenue	734 000	1 949 000	1 246 000	1 663 000
Cost of Goods Sold	176 000	591 000	973 000	1 006 000
Salary Costs	58 000	222 000	98 000	429 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	692 000	1 676 000	1 220 000	1 553 000
Operating Profit	42 000	273 000	27 000	110 000
Financial Income	0	0	130 000	0
Financial Costs	157 000	104 000	62 000	89 000
Financial Balance	−157 000	−104 000	68 000	−89 000
Dividends	0	0	0	0
Net Income	−137 000	150 000	95 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	667 000	667 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	667 000	667 000
Total Fiancial Fixed Assets	1 326 000	369 000	323 000	292 000
Total Fixed Assets	1 326 000	369 000	990 000	959 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	768 000	12 000	35 000
Total Current Assets	379 000	857 000	1 718 000	1 028 000
Total Assets	1 705 000	1 226 000	2 708 000	1 987 000
Total Equity	55 000	457 000	307 000	212 000
Short-Term Group Debt	0	−66 000	−66 000	27 000
Total Long-Term Debt	0	−11 000	1 199 000	1 266 000
Creditors	508 000	73 000	84 000	79 000
Unpaid Taxes	0	5 000	6 000	16 000
Dividends	0	0	0	0
Other Current Debt	1 119 000	750 000	1 177 000	387 000
Total Current Debt	1 650 000	779 000	1 202 000	509 000
Total Equity and Debt	1 705 000	1 226 000	2 708 000	1 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−249,09 %	32,82 %	30,94 %	10,38 %
Debt-to-Equity Ratio	0	−0,02	3,91	5,97
Operating Profit Margin	5,72 %	14,01 %	2,17 %	6,61 %
Current Ratio	0,23	1,1	1,43	2,02
Quick Ratio	0,23	1,1	1,43	2,02
Equity Ratio	0,03	0,37	0,11	0,11
Gross Profit Margin	76,02 %	69,68 %	21,91 %	39,51 %