TERRENGFORM AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

6,12 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 115 000	2 565 000	2 712 000	697 000
Net Income	51 000	328 000	272 000	167 000
Total Assets	1 417 000	1 329 000	976 000	355 000
Total Equity	833 000	782 000	453 000	189 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 115 000	2 565 000	2 712 000	697 000
Expenditure	3 039 000	2 146 000	2 361 000	482 000
Operating Profit	75 000	419 000	350 000	215 000
Financial Income	5 000	4 000	0	0
Financial Costs	5 000	1 000	2 000	0
Financial Balance	0	3 000	−2 000	0
Earnings Before Tax	75 000	422 000	348 000	215 000
Tax	24 000	93 000	77 000	47 000
Net Income	51 000	328 000	272 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	224 000	223 000	213 000	0
Total Current Assets	1 193 000	1 106 000	764 000	355 000
Total Assets	1 417 000	1 329 000	976 000	355 000
Total Retained Equity	803 000	752 000	423 000	159 000
Total Equity	833 000	782 000	453 000	189 000
Total Long-Term Debt	0	3 000	6 000	1 000
Total Current Debt	584 000	544 000	517 000	166 000
Total Equity and Debt	1 417 000	1 329 000	976 000	355 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 115 000	2 565 000	2 712 000	697 000
Other Income	0	0	0	0
Revenue	3 115 000	2 565 000	2 712 000	697 000
Cost of Goods Sold	310 000	39 000	154 000	0
Salary Costs	1 689 000	1 270 000	1 201 000	154 000
Depreciation	110 000	85 000	51 000	0
Impairment	0	0	0	0
Expenditure	3 039 000	2 146 000	2 361 000	482 000
Operating Profit	75 000	419 000	350 000	215 000
Financial Income	5 000	4 000	0	0
Financial Costs	5 000	1 000	2 000	0
Financial Balance	0	3 000	−2 000	0
Dividends	0	0	0	0
Net Income	51 000	328 000	272 000	167 000

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	224 000	223 000	213 000	0
Total Tangible Assets	224 000	223 000	213 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	224 000	223 000	213 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	187 000	505 000	303 000	195 000
Total Current Assets	1 193 000	1 106 000	764 000	355 000
Total Assets	1 417 000	1 329 000	976 000	355 000
Total Equity	833 000	782 000	453 000	189 000
Short-Term Group Debt	0	0	20 000	11 000
Total Long-Term Debt	0	3 000	6 000	1 000
Creditors	105 000	71 000	126 000	24 000
Unpaid Taxes	255 000	225 000	173 000	72 000
Dividends	0	0	0	0
Other Current Debt	196 000	152 000	129 000	15 000
Total Current Debt	584 000	544 000	517 000	166 000
Total Equity and Debt	1 417 000	1 329 000	976 000	355 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,12 %	41,94 %	60,04 %	88,36 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	2,41 %	16,34 %	12,91 %	30,85 %
Current Ratio	2,04	2,03	1,48	2,14
Quick Ratio	2,04	2,03	1,48	2,14
Equity Ratio	0,59	0,59	0,46	0,53
Gross Profit Margin	90,05 %	98,48 %	94,32 %	100 %