TRESS ASSET MANAGEMENT AS

1255 OSLO

Finances

Return on Equity

15,14 %

Current Ratio

3,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 804 000	33 615 000	6 576 000	10 363 000
Net Income	589 000	22 471 000	1 112 000	2 667 000
Total Assets	4 868 000	35 377 000	4 633 000	5 230 000
Total Equity	3 890 000	3 301 000	3 331 000	2 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 804 000	33 615 000	6 576 000	10 363 000
Expenditure	5 056 000	4 809 000	5 144 000	6 940 000
Operating Profit	748 000	28 806 000	1 431 000	3 423 000
Financial Income	10 000	17 000	3 000	6 000
Financial Costs	2 000	14 000	8 000	8 000
Financial Balance	8 000	3 000	−5 000	−2 000
Earnings Before Tax	756 000	28 809 000	1 427 000	3 421 000
Tax	167 000	6 338 000	315 000	754 000
Net Income	589 000	22 471 000	1 112 000	2 667 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 188 000	460 000	606 000	645 000
Total Current Assets	3 679 000	34 916 000	4 026 000	4 585 000
Total Assets	4 868 000	35 377 000	4 633 000	5 230 000
Total Retained Equity	3 740 000	3 151 000	3 181 000	2 069 000
Total Equity	3 890 000	3 301 000	3 331 000	2 219 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	978 000	32 076 000	1 302 000	3 007 000
Total Equity and Debt	4 868 000	35 377 000	4 633 000	5 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 744 000	33 615 000	6 546 000	10 363 000
Other Income	60 000	0	29 000	0
Revenue	5 804 000	33 615 000	6 576 000	10 363 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 568 000	3 273 000	3 773 000	5 617 000
Depreciation	78 000	78 000	78 000	78 000
Impairment	0	0	0	0
Expenditure	5 056 000	4 809 000	5 144 000	6 940 000
Operating Profit	748 000	28 806 000	1 431 000	3 423 000
Financial Income	10 000	17 000	3 000	6 000
Financial Costs	2 000	14 000	8 000	8 000
Financial Balance	8 000	3 000	−5 000	−2 000
Dividends	0	0	0	0
Net Income	589 000	22 471 000	1 112 000	2 667 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	16 000	10 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	105 000	180 000	255 000
Total Tangible Assets	30 000	105 000	180 000	255 000
Total Fiancial Fixed Assets	1 136 000	340 000	416 000	377 000
Total Fixed Assets	1 188 000	460 000	606 000	645 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 048 000	32 026 000	2 767 000	3 280 000
Total Current Assets	3 679 000	34 916 000	4 026 000	4 585 000
Total Assets	4 868 000	35 377 000	4 633 000	5 230 000
Total Equity	3 890 000	3 301 000	3 331 000	2 219 000
Short-Term Group Debt	0	28 847 000	16 000	799 000
Total Long-Term Debt	0	0	0	4 000
Creditors	119 000	1 693 000	195 000	55 000
Unpaid Taxes	320 000	566 000	460 000	965 000
Dividends	0	0	0	0
Other Current Debt	361 000	969 000	312 000	603 000
Total Current Debt	978 000	32 076 000	1 302 000	3 007 000
Total Equity and Debt	4 868 000	35 377 000	4 633 000	5 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,14 %	680,73 %	33,38 %	120,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,89 %	85,69 %	21,76 %	33,03 %
Current Ratio	3,76	1,09	3,09	1,52
Quick Ratio	3,76	1,09	3,09	1,52
Equity Ratio	0,8	0,09	0,72	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %