TUTE AS

7320 FANNREM

Finances

Share Ownership

Return on Equity

5,96 %

Current Ratio

1,4

Debt-to-Equity Ratio

22,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	344 000	343 000	426 000	430 000
Net Income	14 000	13 000	76 000	50 000
Total Assets	5 612 000	5 625 000	5 680 000	5 659 000
Total Equity	235 000	220 000	207 000	131 000

Income (NOK)	2022	2021	2020	2019
Revenue	344 000	343 000	426 000	430 000
Expenditure	177 000	201 000	180 000	198 000
Operating Profit	167 000	142 000	246 000	232 000
Financial Income	0	0	0	0
Financial Costs	149 000	126 000	145 000	168 000
Financial Balance	−149 000	−126 000	−145 000	−168 000
Earnings Before Tax	18 000	16 000	100 000	64 000
Tax	3 000	3 000	24 000	14 000
Net Income	14 000	13 000	76 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 592 000	5 592 000	5 592 000	5 605 000
Total Current Assets	21 000	34 000	89 000	54 000
Total Assets	5 612 000	5 625 000	5 680 000	5 659 000
Total Retained Equity	205 000	190 000	177 000	101 000
Total Equity	235 000	220 000	207 000	131 000
Total Long-Term Debt	5 362 000	5 400 000	5 455 000	5 519 000
Total Current Debt	15 000	6 000	19 000	9 000
Total Equity and Debt	5 612 000	5 625 000	5 680 000	5 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	344 000	343 000	426 000	430 000
Other Income	0	0	0	0
Revenue	344 000	343 000	426 000	430 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	177 000	201 000	180 000	198 000
Operating Profit	167 000	142 000	246 000	232 000
Financial Income	0	0	0	0
Financial Costs	149 000	126 000	145 000	168 000
Financial Balance	−149 000	−126 000	−145 000	−168 000
Dividends	0	0	0	0
Net Income	14 000	13 000	76 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	13 000
Real Eastate	5 592 000	5 592 000	5 592 000	5 592 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 592 000	5 592 000	5 592 000	5 592 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 592 000	5 592 000	5 592 000	5 605 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	34 000	89 000	54 000
Total Current Assets	21 000	34 000	89 000	54 000
Total Assets	5 612 000	5 625 000	5 680 000	5 659 000
Total Equity	235 000	220 000	207 000	131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 362 000	5 400 000	5 455 000	5 519 000
Creditors	0	0	4 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	6 000	15 000	0
Total Current Debt	15 000	6 000	19 000	9 000
Total Equity and Debt	5 612 000	5 625 000	5 680 000	5 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,96 %	5,91 %	36,71 %	38,17 %
Debt-to-Equity Ratio	22,82	24,55	26,35	42,13
Operating Profit Margin	48,55 %	41,4 %	57,75 %	53,95 %
Current Ratio	1,4	5,67	4,68	6
Quick Ratio	1,4	5,67	4,68	6
Equity Ratio	0,04	0,04	0,04	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %