TETT. AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

20,93 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 069 000	2 402 000	1 497 000	368 000
Net Income	45 000	145 000	79 000	−45 000
Total Assets	576 000	647 000	334 000	28 000
Total Equity	215 000	209 000	64 000	−15 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 069 000	2 402 000	1 497 000	368 000
Expenditure	3 987 000	2 215 000	1 407 000	413 000
Operating Profit	81 000	186 000	90 000	−45 000
Financial Income	1 000	1 000	0	0
Financial Costs	6 000	2 000	0	0
Financial Balance	−5 000	−1 000	0	0
Earnings Before Tax	76 000	185 000	90 000	−45 000
Tax	31 000	39 000	11 000	0
Net Income	45 000	145 000	79 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	98 000	82 000	0
Total Current Assets	529 000	550 000	252 000	28 000
Total Assets	576 000	647 000	334 000	28 000
Total Retained Equity	185 000	179 000	34 000	−45 000
Total Equity	215 000	209 000	64 000	−15 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	361 000	436 000	270 000	42 000
Total Equity and Debt	576 000	647 000	334 000	28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 069 000	2 402 000	1 497 000	368 000
Other Income	0	0	0	0
Revenue	4 069 000	2 402 000	1 497 000	368 000
Cost of Goods Sold	2 266 000	794 000	680 000	171 000
Salary Costs	881 000	855 000	373 000	0
Depreciation	32 000	16 000	19 000	0
Impairment	0	0	0	0
Expenditure	3 987 000	2 215 000	1 407 000	413 000
Operating Profit	81 000	186 000	90 000	−45 000
Financial Income	1 000	1 000	0	0
Financial Costs	6 000	2 000	0	0
Financial Balance	−5 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	45 000	145 000	79 000	−45 000

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	48 000	80 000	44 000	0
Total Tangible Assets	48 000	80 000	44 000	0
Total Fiancial Fixed Assets	0	18 000	38 000	0
Total Fixed Assets	48 000	98 000	82 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	143 000	533 000	105 000	−16 000
Total Current Assets	529 000	550 000	252 000	28 000
Total Assets	576 000	647 000	334 000	28 000
Total Equity	215 000	209 000	64 000	−15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	65 000	106 000	83 000	16 000
Unpaid Taxes	135 000	112 000	106 000	7 000
Dividends	0	0	0	0
Other Current Debt	138 000	181 000	70 000	19 000
Total Current Debt	361 000	436 000	270 000	42 000
Total Equity and Debt	576 000	647 000	334 000	28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,93 %	69,38 %	123,44 %	300 %
Debt-to-Equity Ratio	0	0,01	0	−0
Operating Profit Margin	1,99 %	7,74 %	6,01 %	−12,23 %
Current Ratio	1,47	1,26	0,93	0,67
Quick Ratio	1,47	1,26	0,93	0,67
Equity Ratio	0,37	0,32	0,19	−0,54
Gross Profit Margin	44,31 %	66,94 %	54,58 %	53,53 %