TSI NORWAY AS

9513 ALTA

Finances

Share Ownership

Return on Equity

19,89 %

Current Ratio

1,33

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 239 000	27 096 000	21 191 000	19 904 000
Net Income	724 000	910 000	414 000	644 000
Total Assets	16 092 000	10 033 000	7 938 000	7 087 000
Total Equity	3 640 000	2 915 000	2 480 000	2 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 239 000	27 096 000	21 191 000	19 904 000
Expenditure	30 604 000	25 827 000	20 581 000	19 068 000
Operating Profit	1 635 000	1 269 000	610 000	836 000
Financial Income	9 000	14 000	9 000	74 000
Financial Costs	618 000	109 000	75 000	83 000
Financial Balance	−609 000	−95 000	−66 000	−9 000
Earnings Before Tax	1 027 000	1 175 000	544 000	826 000
Tax	302 000	264 000	130 000	182 000
Net Income	724 000	910 000	414 000	644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 522 000	1 626 000	1 828 000	1 083 000
Total Current Assets	11 570 000	8 407 000	6 109 000	6 004 000
Total Assets	16 092 000	10 033 000	7 938 000	7 087 000
Total Retained Equity	3 274 000	2 550 000	2 114 000	1 700 000
Total Equity	3 640 000	2 915 000	2 480 000	2 066 000
Total Long-Term Debt	3 729 000	1 320 000	1 106 000	1 129 000
Total Current Debt	8 724 000	5 798 000	4 352 000	3 891 000
Total Equity and Debt	16 092 000	10 033 000	7 938 000	7 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 949 000	25 458 000	20 615 000	19 094 000
Other Income	1 291 000	1 638 000	576 000	810 000
Revenue	32 239 000	27 096 000	21 191 000	19 904 000
Cost of Goods Sold	15 983 000	13 420 000	9 825 000	8 763 000
Salary Costs	7 291 000	6 280 000	5 005 000	4 571 000
Depreciation	538 000	348 000	329 000	300 000
Impairment	0	0	0	0
Expenditure	30 604 000	25 827 000	20 581 000	19 068 000
Operating Profit	1 635 000	1 269 000	610 000	836 000
Financial Income	9 000	14 000	9 000	74 000
Financial Costs	618 000	109 000	75 000	83 000
Financial Balance	−609 000	−95 000	−66 000	−9 000
Dividends	0	0	0	0
Net Income	724 000	910 000	414 000	644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 393 000	0	0	0
Machinery and Plant Facilities	1 113 000	561 000	654 000	120 000
Fixtures	2 017 000	1 064 000	973 000	963 000
Total Tangible Assets	4 522 000	1 626 000	1 627 000	1 083 000
Total Fiancial Fixed Assets	0	0	201 000	0
Total Fixed Assets	4 522 000	1 626 000	1 828 000	1 083 000
Stock	5 885 000	4 368 000	2 096 000	1 493 000
Total Investments	146 000	484 000	0	0
Cash, Bank	681 000	132 000	395 000	360 000
Total Current Assets	11 570 000	8 407 000	6 109 000	6 004 000
Total Assets	16 092 000	10 033 000	7 938 000	7 087 000
Total Equity	3 640 000	2 915 000	2 480 000	2 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 729 000	1 320 000	1 106 000	1 129 000
Creditors	3 713 000	1 846 000	1 808 000	1 260 000
Unpaid Taxes	1 300 000	852 000	562 000	640 000
Dividends	0	0	0	0
Other Current Debt	1 189 000	985 000	456 000	455 000
Total Current Debt	8 724 000	5 798 000	4 352 000	3 891 000
Total Equity and Debt	16 092 000	10 033 000	7 938 000	7 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,89 %	31,22 %	16,69 %	31,17 %
Debt-to-Equity Ratio	1,02	0,45	0,45	0,55
Operating Profit Margin	5,07 %	4,68 %	2,88 %	4,2 %
Current Ratio	1,33	1,45	1,4	1,54
Quick Ratio	4,08	5,88	2,71	2,5
Equity Ratio	0,23	0,29	0,31	0,29
Gross Profit Margin	50,42 %	50,47 %	53,64 %	55,97 %