TET AS

3132 HUSØYSUND

Finances

Return on Equity

50,63 %

Current Ratio

2,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	9 466 000	6 007 000	2 101 000	2 092 000
Total Assets	22 371 000	18 058 000	13 446 000	12 776 000
Total Equity	18 696 000	11 830 000	11 900 000	11 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	11 000	27 000	9 000	7 000
Operating Profit	−11 000	−27 000	−9 000	−7 000
Financial Income	9 613 000	6 071 000	2 156 000	2 150 000
Financial Costs	61 000	4 000	0	7 000
Financial Balance	9 552 000	6 067 000	2 156 000	2 143 000
Earnings Before Tax	9 541 000	6 041 000	2 147 000	2 135 000
Tax	75 000	33 000	46 000	43 000
Net Income	9 466 000	6 007 000	2 101 000	2 092 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 827 000	11 827 000	9 199 000	12 591 000
Total Current Assets	10 544 000	6 231 000	4 247 000	185 000
Total Assets	22 371 000	18 058 000	13 446 000	12 776 000
Total Retained Equity	7 583 000	717 000	2 701 000	2 100 000
Total Equity	18 696 000	11 830 000	11 900 000	11 299 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 674 000	6 228 000	1 546 000	1 477 000
Total Equity and Debt	22 371 000	18 058 000	13 446 000	12 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 000	27 000	9 000	7 000
Operating Profit	−11 000	−27 000	−9 000	−7 000
Financial Income	9 613 000	6 071 000	2 156 000	2 150 000
Financial Costs	61 000	4 000	0	7 000
Financial Balance	9 552 000	6 067 000	2 156 000	2 143 000
Dividends	2 600 000	8 600 000	1 500 000	1 077 000
Net Income	9 466 000	6 007 000	2 101 000	2 092 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	11 827 000	11 827 000	9 199 000	12 591 000
Total Fixed Assets	11 827 000	11 827 000	9 199 000	12 591 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 682 000	6 231 000	4 243 000	185 000
Total Current Assets	10 544 000	6 231 000	4 247 000	185 000
Total Assets	22 371 000	18 058 000	13 446 000	12 776 000
Total Equity	18 696 000	11 830 000	11 900 000	11 299 000
Short-Term Group Debt	0	0	0	357 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 600 000	8 600 000	1 500 000	1 077 000
Other Current Debt	1 000 000	6 195 000	0	0
Total Current Debt	3 674 000	6 228 000	1 546 000	1 477 000
Total Equity and Debt	22 371 000	18 058 000	13 446 000	12 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,63 %	50,78 %	17,66 %	18,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,87	1	2,75	0,13
Quick Ratio	2,87	1	2,75	0,13
Equity Ratio	0,84	0,66	0,89	0,88
Gross Profit Margin	-	-	-	-