TUNGE HOLDING AS

4009 STAVANGER

Finances

Return on Equity

2 857,35 %

Current Ratio

4,32

Debt-to-Equity Ratio

−21,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	465 000	40 000	428 000
Net Income	−1 943 000	−1 387 000	−2 553 000	−3 699 000
Total Assets	1 656 000	4 079 000	11 008 000	11 718 000
Total Equity	−68 000	2 095 000	6 882 000	9 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	465 000	40 000	428 000
Expenditure	2 143 000	2 591 000	2 799 000	3 779 000
Operating Profit	−2 143 000	−2 125 000	−2 759 000	−3 351 000
Financial Income	414 000	813 000	294 000	325 000
Financial Costs	215 000	74 000	89 000	96 000
Financial Balance	199 000	739 000	205 000	229 000
Earnings Before Tax	−1 943 000	−1 387 000	−2 554 000	−3 122 000
Tax	0	0	0	577 000
Net Income	−1 943 000	−1 387 000	−2 553 000	−3 699 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	439 000	439 000	5 926 000	4 353 000
Total Current Assets	1 217 000	3 640 000	5 082 000	7 365 000
Total Assets	1 656 000	4 079 000	11 008 000	11 718 000
Total Retained Equity	−168 000	1 995 000	6 782 000	9 336 000
Total Equity	−68 000	2 095 000	6 882 000	9 436 000
Total Long-Term Debt	1 443 000	1 485 000	3 550 000	1 745 000
Total Current Debt	282 000	499 000	576 000	538 000
Total Equity and Debt	1 656 000	4 079 000	11 008 000	11 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	465 000	40 000	428 000
Revenue	0	465 000	40 000	428 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 995 000	2 014 000	1 919 000	2 079 000
Depreciation	0	303 000	451 000	887 000
Impairment	0	0	0	0
Expenditure	2 143 000	2 591 000	2 799 000	3 779 000
Operating Profit	−2 143 000	−2 125 000	−2 759 000	−3 351 000
Financial Income	414 000	813 000	294 000	325 000
Financial Costs	215 000	74 000	89 000	96 000
Financial Balance	199 000	739 000	205 000	229 000
Dividends	220 000	3 400 000	0	0
Net Income	−1 943 000	−1 387 000	−2 553 000	−3 699 000

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	0	0	0	0
Fixtures	0	0	1 876 000	52 000
Total Tangible Assets	0	0	4 002 000	2 429 000
Total Fiancial Fixed Assets	439 000	439 000	1 924 000	1 924 000
Total Fixed Assets	439 000	439 000	5 926 000	4 353 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	1 611 000	1 605 000	4 335 000
Total Current Assets	1 217 000	3 640 000	5 082 000	7 365 000
Total Assets	1 656 000	4 079 000	11 008 000	11 718 000
Total Equity	−68 000	2 095 000	6 882 000	9 436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 443 000	1 485 000	3 550 000	1 745 000
Creditors	15 000	13 000	41 000	19 000
Unpaid Taxes	137 000	126 000	206 000	194 000
Dividends	220 000	3 400 000	0	0
Other Current Debt	130 000	360 000	330 000	325 000
Total Current Debt	282 000	499 000	576 000	538 000
Total Equity and Debt	1 656 000	4 079 000	11 008 000	11 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 857,35 %	−66,21 %	−37,1 %	−39,2 %
Debt-to-Equity Ratio	−21,22	0,71	0,52	0,18
Operating Profit Margin	-	−456,99 %	−6 897,5 %	−782,94 %
Current Ratio	4,32	7,29	8,82	13,69
Quick Ratio	4,32	7,29	8,82	13,69
Equity Ratio	−0,04	0,51	0,63	0,81
Gross Profit Margin	-	100 %	100 %	100 %