TERRAVERA FOUNDATION

5239 RÅDAL

Finances

Share Ownership

Return on Equity

87,72 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,35

Key figures (NOK)	2022	2021	2020
Revenue	1 766 000	1 424 000	1 200 000
Net Income	−993 000	−477 000	−172 000
Total Assets	340 000	512 000	578 000
Total Equity	−1 132 000	−140 000	338 000

Income (NOK)	2022	2021	2020
Revenue	1 766 000	1 424 000	1 200 000
Expenditure	2 759 000	1 901 000	1 372 000
Operating Profit	−993 000	−477 000	−172 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−993 000	−477 000	−172 000
Tax	0	0	0
Net Income	−993 000	−477 000	−172 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	120 000	160 000	94 000
Total Current Assets	220 000	352 000	484 000
Total Assets	340 000	512 000	578 000
Total Retained Equity	−1 642 000	−650 000	−172 000
Total Equity	−1 132 000	−140 000	338 000
Total Long-Term Debt	400 000	200 000	0
Total Current Debt	1 073 000	452 000	240 000
Total Equity and Debt	340 000	512 000	578 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 766 000	1 324 000	0
Other Income	0	100 000	1 200 000
Revenue	1 766 000	1 424 000	1 200 000
Cost of Goods Sold	0	0	0
Salary Costs	2 235 000	1 516 000	892 000
Depreciation	40 000	40 000	0
Impairment	0	0	0
Expenditure	2 759 000	1 901 000	1 372 000
Operating Profit	−993 000	−477 000	−172 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−993 000	−477 000	−172 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	120 000	160 000	94 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	120 000	160 000	94 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	158 000	177 000	446 000
Total Current Assets	220 000	352 000	484 000
Total Assets	340 000	512 000	578 000
Total Equity	−1 132 000	−140 000	338 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	400 000	200 000	0
Creditors	155 000	123 000	14 000
Unpaid Taxes	148 000	153 000	74 000
Dividends	0	0	0
Other Current Debt	770 000	176 000	152 000
Total Current Debt	1 073 000	452 000	240 000
Total Equity and Debt	340 000	512 000	578 000

Financial indicators	2022	2021	2020
Return on Equity	87,72 %	340,71 %	−50,89 %
Debt-to-Equity Ratio	−0,35	−1,43	0
Operating Profit Margin	−56,23 %	−33,5 %	−14,33 %
Current Ratio	0,21	0,78	2,02
Quick Ratio	0,21	0,78	2,02
Equity Ratio	−3,33	−0,27	0,58
Gross Profit Margin	100 %	100 %	100 %