TETO AS

8540 BALLANGEN

Finances

Return on Equity

4,69 %

Current Ratio

1,59

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 050 000	5 051 000	3 416 000	3 429 000
Net Income	132 000	356 000	301 000	1 012 000
Total Assets	6 524 000	8 067 000	7 580 000	3 414 000
Total Equity	2 815 000	2 683 000	2 327 000	2 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 050 000	5 051 000	3 416 000	3 429 000
Expenditure	2 702 000	4 432 000	2 916 000	2 098 000
Operating Profit	349 000	618 000	500 000	1 331 000
Financial Income	0	1 000	1 000	0
Financial Costs	180 000	163 000	115 000	33 000
Financial Balance	−180 000	−162 000	−114 000	−33 000
Earnings Before Tax	169 000	456 000	386 000	1 298 000
Tax	37 000	100 000	85 000	286 000
Net Income	132 000	356 000	301 000	1 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 858 000	5 652 000	5 506 000	1 376 000
Total Current Assets	667 000	2 415 000	2 074 000	2 039 000
Total Assets	6 524 000	8 067 000	7 580 000	3 414 000
Total Retained Equity	2 785 000	2 653 000	2 297 000	1 996 000
Total Equity	2 815 000	2 683 000	2 327 000	2 026 000
Total Long-Term Debt	3 290 000	3 717 000	4 191 000	736 000
Total Current Debt	420 000	1 668 000	1 062 000	653 000
Total Equity and Debt	6 524 000	8 067 000	7 580 000	3 414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 635 000	5 051 000	3 955 000	2 949 000
Other Income	415 000	0	−539 000	480 000
Revenue	3 050 000	5 051 000	3 416 000	3 429 000
Cost of Goods Sold	0	61 000	166 000	0
Salary Costs	1 000	1 239 000	96 000	180 000
Depreciation	783 000	681 000	628 000	479 000
Impairment	0	0	0	0
Expenditure	2 702 000	4 432 000	2 916 000	2 098 000
Operating Profit	349 000	618 000	500 000	1 331 000
Financial Income	0	1 000	1 000	0
Financial Costs	180 000	163 000	115 000	33 000
Financial Balance	−180 000	−162 000	−114 000	−33 000
Dividends	0	0	0	0
Net Income	132 000	356 000	301 000	1 012 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	134 000	67 000	12 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 201 000	1 304 000	1 606 000	1 080 000
Fixtures	94 000	120 000	243 000	295 000
Total Tangible Assets	1 295 000	1 424 000	1 849 000	1 376 000
Total Fiancial Fixed Assets	4 428 000	4 162 000	3 645 000	0
Total Fixed Assets	5 858 000	5 652 000	5 506 000	1 376 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	244 000	19 000	55 000	1 107 000
Total Current Assets	667 000	2 415 000	2 074 000	2 039 000
Total Assets	6 524 000	8 067 000	7 580 000	3 414 000
Total Equity	2 815 000	2 683 000	2 327 000	2 026 000
Short-Term Group Debt	262 000	706 000	0	0
Total Long-Term Debt	3 290 000	3 717 000	4 191 000	736 000
Creditors	0	0	948 000	128 000
Unpaid Taxes	0	322 000	−3 000	175 000
Dividends	0	0	0	0
Other Current Debt	54 000	640 000	13 000	45 000
Total Current Debt	420 000	1 668 000	1 062 000	653 000
Total Equity and Debt	6 524 000	8 067 000	7 580 000	3 414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,69 %	13,27 %	12,94 %	49,95 %
Debt-to-Equity Ratio	1,17	1,39	1,8	0,36
Operating Profit Margin	11,44 %	12,24 %	14,64 %	38,82 %
Current Ratio	1,59	1,45	1,95	3,12
Quick Ratio	1,59	1,45	1,95	3,12
Equity Ratio	0,43	0,33	0,31	0,59
Gross Profit Margin	100 %	98,79 %	95,14 %	100 %