TØMMERHOGGERNE AS

2940 HEGGENES

Finances

Share Ownership

Return on Equity

−87,83 %

Current Ratio

0,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 298 000	6 547 000	5 601 000	5 720 000
Net Income	−101 000	−820 000	4 000	−88 000
Total Assets	3 560 000	2 930 000	3 563 000	3 103 000
Total Equity	115 000	217 000	1 036 000	1 032 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 298 000	6 547 000	5 601 000	5 720 000
Expenditure	8 320 000	7 430 000	5 549 000	5 815 000
Operating Profit	−22 000	−883 000	52 000	−95 000
Financial Income	0	0	0	0
Financial Costs	79 000	66 000	47 000	18 000
Financial Balance	−79 000	−66 000	−47 000	−18 000
Earnings Before Tax	−101 000	−949 000	6 000	−113 000
Tax	0	−129 000	1 000	−25 000
Net Income	−101 000	−820 000	4 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 637 000	1 862 000	2 266 000	2 255 000
Total Current Assets	1 923 000	1 067 000	1 297 000	847 000
Total Assets	3 560 000	2 930 000	3 563 000	3 103 000
Total Retained Equity	13 000	115 000	934 000	930 000
Total Equity	115 000	217 000	1 036 000	1 032 000
Total Long-Term Debt	920 000	959 000	1 128 000	1 181 000
Total Current Debt	2 525 000	1 754 000	1 399 000	890 000
Total Equity and Debt	3 560 000	2 930 000	3 563 000	3 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 298 000	6 279 000	5 227 000	5 720 000
Other Income	0	269 000	373 000	0
Revenue	8 298 000	6 547 000	5 601 000	5 720 000
Cost of Goods Sold	150 000	355 000	75 000	569 000
Salary Costs	2 613 000	2 475 000	1 782 000	1 767 000
Depreciation	115 000	106 000	70 000	34 000
Impairment	0	0	0	0
Expenditure	8 320 000	7 430 000	5 549 000	5 815 000
Operating Profit	−22 000	−883 000	52 000	−95 000
Financial Income	0	0	0	0
Financial Costs	79 000	66 000	47 000	18 000
Financial Balance	−79 000	−66 000	−47 000	−18 000
Dividends	0	0	0	0
Net Income	−101 000	−820 000	4 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	941 000	971 000	1 001 000	1 031 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	306 000	253 000	295 000	131 000
Total Tangible Assets	1 247 000	1 224 000	1 296 000	1 162 000
Total Fiancial Fixed Assets	391 000	638 000	970 000	1 093 000
Total Fixed Assets	1 637 000	1 862 000	2 266 000	2 255 000
Stock	233 000	0	0	92 000
Total Investments	0	0	0	0
Cash, Bank	219 000	90 000	273 000	276 000
Total Current Assets	1 923 000	1 067 000	1 297 000	847 000
Total Assets	3 560 000	2 930 000	3 563 000	3 103 000
Total Equity	115 000	217 000	1 036 000	1 032 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	920 000	959 000	1 128 000	1 181 000
Creditors	1 149 000	705 000	706 000	485 000
Unpaid Taxes	304 000	293 000	276 000	142 000
Dividends	0	0	0	0
Other Current Debt	1 072 000	756 000	400 000	262 000
Total Current Debt	2 525 000	1 754 000	1 399 000	890 000
Total Equity and Debt	3 560 000	2 930 000	3 563 000	3 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,83 %	−377,88 %	0,39 %	−8,53 %
Debt-to-Equity Ratio	8	4,42	1,09	1,14
Operating Profit Margin	−0,27 %	−13,49 %	0,93 %	−1,66 %
Current Ratio	0,76	0,61	0,93	0,95
Quick Ratio	0,84	0,61	0,93	1,06
Equity Ratio	0,03	0,07	0,29	0,33
Gross Profit Margin	98,19 %	94,58 %	98,66 %	90,05 %