TENDEKA AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

9,7 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,36

Key figures (USD)	2021	2020	2019	2018
Revenue	40 701 000	40 639 000	39 126 000	35 126 000
Net Income	1 344 000	1 349 000	1 713 000	966 000
Total Assets	48 537 000	49 706 000	41 160 000	40 634 000
Total Equity	13 849 000	12 505 000	11 156 000	9 443 000

Income (USD)	2021	2020	2019	2018
Revenue	40 701 000	40 639 000	39 126 000	35 126 000
Expenditure	38 959 000	38 957 000	36 863 000	33 912 000
Operating Profit	1 742 000	1 682 000	2 263 000	1 214 000
Financial Income	592 000	605 000	431 000	487 000
Financial Costs	372 000	548 000	639 000	449 000
Financial Balance	220 000	57 000	−208 000	38 000
Earnings Before Tax	1 962 000	1 739 000	2 374 000	1 251 000
Tax	618 000	390 000	660 000	285 000
Net Income	1 344 000	1 349 000	1 713 000	966 000

Balance (USD)	2021	2020	2019	2018
Total Fixed Assets	261 000	245 000	246 000	270 000
Total Current Assets	48 276 000	49 461 000	40 913 000	40 363 000
Total Assets	48 537 000	49 706 000	41 160 000	40 634 000
Total Retained Equity	10 779 000	9 435 000	8 086 000	6 372 000
Total Equity	13 849 000	12 505 000	11 156 000	9 443 000
Total Long-Term Debt	5 000 000	5 000 000	5 000 000	5 000 000
Total Current Debt	29 687 000	32 201 000	25 003 000	26 191 000
Total Equity and Debt	48 537 000	49 706 000	41 160 000	40 634 000

Cash flow (USD)	2021	2020	2019	2018
Sales Income	40 701 000	40 639 000	39 126 000	35 126 000
Other Income	0	0	0	0
Revenue	40 701 000	40 639 000	39 126 000	35 126 000
Cost of Goods Sold	35 426 000	36 299 000	33 592 000	30 354 000
Salary Costs	756 000	516 000	447 000	418 000
Depreciation	27 000	36 000	41 000	36 000
Impairment	0	0	0	0
Expenditure	38 959 000	38 957 000	36 863 000	33 912 000
Operating Profit	1 742 000	1 682 000	2 263 000	1 214 000
Financial Income	592 000	605 000	431 000	487 000
Financial Costs	372 000	548 000	639 000	449 000
Financial Balance	220 000	57 000	−208 000	38 000
Dividends	0	0	0	0
Net Income	1 344 000	1 349 000	1 713 000	966 000

Balance details (USD)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	233 000	225 000	207 000	210 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	20 000	39 000	60 000
Total Tangible Assets	28 000	20 000	39 000	60 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	261 000	245 000	246 000	270 000
Stock	6 353 000	10 775 000	9 412 000	7 852 000
Total Investments	0	0	0	0
Cash, Bank	8 810 000	11 939 000	2 077 000	4 537 000
Total Current Assets	48 276 000	49 461 000	40 913 000	40 363 000
Total Assets	48 537 000	49 706 000	41 160 000	40 634 000
Total Equity	13 849 000	12 505 000	11 156 000	9 443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000 000	5 000 000	5 000 000	5 000 000
Creditors	1 599 000	1 432 000	557 000	2 779 000
Unpaid Taxes	69 000	27 000	119 000	22 000
Dividends	0	0	0	0
Other Current Debt	27 465 000	30 351 000	23 675 000	23 107 000
Total Current Debt	29 687 000	32 201 000	25 003 000	26 191 000
Total Equity and Debt	48 537 000	49 706 000	41 160 000	40 634 000

Financial indicators	2021	2020	2019	2018
Return on Equity	9,7 %	10,79 %	15,35 %	10,23 %
Debt-to-Equity Ratio	0,36	0,4	0,45	0,53
Operating Profit Margin	4,28 %	4,14 %	5,78 %	3,46 %
Current Ratio	1,63	1,54	1,64	1,54
Quick Ratio	2,07	2,31	2,62	2,2
Equity Ratio	0,29	0,25	0,27	0,23
Gross Profit Margin	12,96 %	10,68 %	14,14 %	13,59 %