TGE MANAGEMENT AS

0753 OSLO

Finances

Return on Equity

38,43 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 533 000	2 836 000	2 074 000	4 064 000
Net Income	98 000	−66 000	72 000	−192 000
Total Assets	1 138 000	1 284 000	1 140 000	1 174 000
Total Equity	255 000	157 000	223 000	151 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 533 000	2 836 000	2 074 000	4 064 000
Expenditure	3 406 000	2 898 000	2 009 000	4 258 000
Operating Profit	126 000	−62 000	64 000	−195 000
Financial Income	0	0	20 000	2 000
Financial Costs	1 000	4 000	13 000	13 000
Financial Balance	−1 000	−4 000	7 000	−11 000
Earnings Before Tax	126 000	−66 000	72 000	−206 000
Tax	28 000	0	0	−14 000
Net Income	98 000	−66 000	72 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	207 000	252 000	361 000	537 000
Total Current Assets	931 000	1 033 000	779 000	636 000
Total Assets	1 138 000	1 284 000	1 140 000	1 174 000
Total Retained Equity	154 000	55 000	121 000	49 000
Total Equity	255 000	157 000	223 000	151 000
Total Long-Term Debt	0	39 000	183 000	337 000
Total Current Debt	883 000	1 089 000	734 000	685 000
Total Equity and Debt	1 138 000	1 284 000	1 140 000	1 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 533 000	2 836 000	2 157 000	3 981 000
Other Income	0	0	−83 000	82 000
Revenue	3 533 000	2 836 000	2 074 000	4 064 000
Cost of Goods Sold	1 450 000	820 000	807 000	2 245 000
Salary Costs	1 579 000	1 719 000	870 000	1 598 000
Depreciation	116 000	116 000	116 000	115 000
Impairment	0	0	0	0
Expenditure	3 406 000	2 898 000	2 009 000	4 258 000
Operating Profit	126 000	−62 000	64 000	−195 000
Financial Income	0	0	20 000	2 000
Financial Costs	1 000	4 000	13 000	13 000
Financial Balance	−1 000	−4 000	7 000	−11 000
Dividends	0	0	0	0
Net Income	98 000	−66 000	72 000	−192 000

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	108 000	225 000	341 000	457 000
Total Tangible Assets	108 000	225 000	341 000	457 000
Total Fiancial Fixed Assets	98 000	27 000	20 000	80 000
Total Fixed Assets	207 000	252 000	361 000	537 000
Stock	26 000	31 000	0	0
Total Investments	0	0	0	0
Cash, Bank	185 000	334 000	99 000	151 000
Total Current Assets	931 000	1 033 000	779 000	636 000
Total Assets	1 138 000	1 284 000	1 140 000	1 174 000
Total Equity	255 000	157 000	223 000	151 000
Short-Term Group Debt	240 000	139 000	139 000	150 000
Total Long-Term Debt	0	39 000	183 000	337 000
Creditors	161 000	277 000	199 000	110 000
Unpaid Taxes	194 000	321 000	146 000	192 000
Dividends	0	0	0	0
Other Current Debt	283 000	352 000	250 000	234 000
Total Current Debt	883 000	1 089 000	734 000	685 000
Total Equity and Debt	1 138 000	1 284 000	1 140 000	1 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,43 %	−42,04 %	32,29 %	−127,15 %
Debt-to-Equity Ratio	0	0,25	0,82	2,23
Operating Profit Margin	3,57 %	−2,19 %	3,09 %	−4,8 %
Current Ratio	1,05	0,95	1,06	0,93
Quick Ratio	1,09	0,98	1,06	0,93
Equity Ratio	0,22	0,12	0,2	0,13
Gross Profit Margin	58,96 %	71,09 %	61,09 %	44,76 %