TT FRAKT AS

3154 TOLVSRØD

Finances

Share Ownership

Return on Equity

−39,43 %

Current Ratio

1,11

Debt-to-Equity Ratio

3,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 466 000	12 291 000	7 208 000	7 228 000
Net Income	−291 000	581 000	214 000	164 000
Total Assets	5 465 000	6 037 000	2 839 000	2 896 000
Total Equity	738 000	1 029 000	747 000	534 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 466 000	12 291 000	7 208 000	7 228 000
Expenditure	14 639 000	11 417 000	6 851 000	6 930 000
Operating Profit	−173 000	874 000	357 000	298 000
Financial Income	0	0	0	0
Financial Costs	191 000	122 000	78 000	83 000
Financial Balance	−191 000	−122 000	−78 000	−83 000
Earnings Before Tax	−363 000	752 000	280 000	215 000
Tax	−73 000	171 000	66 000	50 000
Net Income	−291 000	581 000	214 000	164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 265 000	3 088 000	1 290 000	1 089 000
Total Current Assets	2 200 000	2 948 000	1 549 000	1 807 000
Total Assets	5 465 000	6 037 000	2 839 000	2 896 000
Total Retained Equity	637 000	928 000	647 000	433 000
Total Equity	738 000	1 029 000	747 000	534 000
Total Long-Term Debt	2 754 000	2 898 000	833 000	648 000
Total Current Debt	1 974 000	2 110 000	1 259 000	1 714 000
Total Equity and Debt	5 465 000	6 037 000	2 839 000	2 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 466 000	12 291 000	7 183 000	7 198 000
Other Income	0	0	25 000	30 000
Revenue	14 466 000	12 291 000	7 208 000	7 228 000
Cost of Goods Sold	1 340 000	1 696 000	1 439 000	1 564 000
Salary Costs	7 731 000	6 087 000	3 283 000	3 235 000
Depreciation	981 000	726 000	441 000	321 000
Impairment	0	0	0	0
Expenditure	14 639 000	11 417 000	6 851 000	6 930 000
Operating Profit	−173 000	874 000	357 000	298 000
Financial Income	0	0	0	0
Financial Costs	191 000	122 000	78 000	83 000
Financial Balance	−191 000	−122 000	−78 000	−83 000
Dividends	0	300 000	0	0
Net Income	−291 000	581 000	214 000	164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	0	4 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 098 000	3 088 000	1 286 000	1 089 000
Total Tangible Assets	3 098 000	3 088 000	1 286 000	1 089 000
Total Fiancial Fixed Assets	131 000	0	0	0
Total Fixed Assets	3 265 000	3 088 000	1 290 000	1 089 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	234 000	825 000	116 000	145 000
Total Current Assets	2 200 000	2 948 000	1 549 000	1 807 000
Total Assets	5 465 000	6 037 000	2 839 000	2 896 000
Total Equity	738 000	1 029 000	747 000	534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 754 000	2 898 000	833 000	648 000
Creditors	344 000	316 000	269 000	245 000
Unpaid Taxes	864 000	815 000	401 000	500 000
Dividends	0	300 000	0	0
Other Current Debt	638 000	549 000	320 000	398 000
Total Current Debt	1 974 000	2 110 000	1 259 000	1 714 000
Total Equity and Debt	5 465 000	6 037 000	2 839 000	2 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,43 %	56,46 %	28,65 %	30,71 %
Debt-to-Equity Ratio	3,73	2,82	1,12	1,21
Operating Profit Margin	−1,2 %	7,11 %	4,95 %	4,12 %
Current Ratio	1,11	1,4	1,23	1,05
Quick Ratio	1,11	1,4	1,23	1,05
Equity Ratio	0,14	0,17	0,26	0,18
Gross Profit Margin	90,74 %	86,2 %	80,04 %	78,36 %