TM NORWAY AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

1,63 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 478 000	23 325 000	10 112 000	27 776 000
Net Income	202 000	1 817 000	−2 369 000	−3 876 000
Total Assets	32 664 000	18 341 000	20 166 000	19 237 000
Total Equity	12 407 000	12 206 000	10 411 000	12 762 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 478 000	23 325 000	10 112 000	27 776 000
Expenditure	18 825 000	20 416 000	12 869 000	32 929 000
Operating Profit	653 000	2 908 000	−2 757 000	−5 153 000
Financial Income	371 000	113 000	312 000	524 000
Financial Costs	735 000	685 000	585 000	320 000
Financial Balance	−364 000	−572 000	−273 000	204 000
Earnings Before Tax	290 000	2 336 000	−3 030 000	−4 949 000
Tax	88 000	519 000	−662 000	−1 073 000
Net Income	202 000	1 817 000	−2 369 000	−3 876 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 514 000	6 175 000	7 062 000	5 575 000
Total Current Assets	24 150 000	12 166 000	13 104 000	13 662 000
Total Assets	32 664 000	18 341 000	20 166 000	19 237 000
Total Retained Equity	1 997 000	1 795 000	0	0
Total Equity	12 407 000	12 206 000	10 411 000	12 762 000
Total Long-Term Debt	3 980 000	4 392 000	4 000 000	1 916 000
Total Current Debt	16 277 000	1 743 000	5 755 000	4 559 000
Total Equity and Debt	32 664 000	18 341 000	20 166 000	19 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 478 000	23 325 000	10 112 000	27 776 000
Other Income	0	0	0	0
Revenue	19 478 000	23 325 000	10 112 000	27 776 000
Cost of Goods Sold	12 529 000	14 659 000	7 035 000	27 595 000
Salary Costs	5 009 000	4 803 000	4 809 000	3 931 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 825 000	20 416 000	12 869 000	32 929 000
Operating Profit	653 000	2 908 000	−2 757 000	−5 153 000
Financial Income	371 000	113 000	312 000	524 000
Financial Costs	735 000	685 000	585 000	320 000
Financial Balance	−364 000	−572 000	−273 000	204 000
Dividends	0	0	0	0
Net Income	202 000	1 817 000	−2 369 000	−3 876 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 837 000	3 837 000	3 927 000	3 837 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 677 000	2 339 000	3 135 000	1 739 000
Total Fixed Assets	8 514 000	6 175 000	7 062 000	5 575 000
Stock	2 400 000	2 276 000	1 947 000	2 609 000
Total Investments	0	0	0	0
Cash, Bank	578 000	4 844 000	3 912 000	1 560 000
Total Current Assets	24 150 000	12 166 000	13 104 000	13 662 000
Total Assets	32 664 000	18 341 000	20 166 000	19 237 000
Total Equity	12 407 000	12 206 000	10 411 000	12 762 000
Short-Term Group Debt	0	28 000	27 000	0
Total Long-Term Debt	3 980 000	4 392 000	4 000 000	1 916 000
Creditors	385 000	168 000	21 000	854 000
Unpaid Taxes	392 000	491 000	356 000	357 000
Dividends	0	0	0	0
Other Current Debt	15 500 000	1 026 000	4 012 000	2 937 000
Total Current Debt	16 277 000	1 743 000	5 755 000	4 559 000
Total Equity and Debt	32 664 000	18 341 000	20 166 000	19 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,63 %	14,89 %	−22,75 %	−30,37 %
Debt-to-Equity Ratio	0,32	0,36	0,38	0,15
Operating Profit Margin	3,35 %	12,47 %	−27,26 %	−18,55 %
Current Ratio	1,48	6,98	2,28	3
Quick Ratio	1,74	−22,83	3,44	7,01
Equity Ratio	0,38	0,67	0,52	0,66
Gross Profit Margin	35,68 %	37,15 %	30,43 %	0,65 %