TESS MØRE EIENDOM AS

3414 LIERSTRANDA

Finances

Return on Equity

6,53 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 979 000	8 330 000	7 975 000	7 769 000
Net Income	3 907 000	3 828 000	3 824 000	3 645 000
Total Assets	70 212 000	70 178 000	70 335 000	70 573 000
Total Equity	59 814 000	60 171 000	60 415 000	60 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 979 000	8 330 000	7 975 000	7 769 000
Expenditure	4 183 000	3 399 000	3 140 000	3 183 000
Operating Profit	4 796 000	4 932 000	4 835 000	4 586 000
Financial Income	319 000	68 000	75 000	90 000
Financial Costs	106 000	93 000	7 000	3 000
Financial Balance	213 000	−25 000	68 000	87 000
Earnings Before Tax	5 009 000	4 908 000	4 903 000	4 673 000
Tax	1 102 000	1 080 000	1 079 000	1 028 000
Net Income	3 907 000	3 828 000	3 824 000	3 645 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 188 000	60 387 000	62 338 000	61 660 000
Total Current Assets	12 024 000	9 792 000	7 997 000	8 914 000
Total Assets	70 212 000	70 178 000	70 335 000	70 573 000
Total Retained Equity	1 921 000	2 278 000	2 522 000	2 680 000
Total Equity	59 814 000	60 171 000	60 415 000	60 573 000
Total Long-Term Debt	4 525 000	4 625 000	1 664 000	1 708 000
Total Current Debt	5 873 000	5 383 000	8 256 000	8 293 000
Total Equity and Debt	70 212 000	70 178 000	70 335 000	70 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 021 000	7 644 000	7 355 000	7 106 000
Other Income	958 000	686 000	619 000	664 000
Revenue	8 979 000	8 330 000	7 975 000	7 769 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 199 000	2 205 000	2 199 000	2 223 000
Impairment	0	0	0	0
Expenditure	4 183 000	3 399 000	3 140 000	3 183 000
Operating Profit	4 796 000	4 932 000	4 835 000	4 586 000
Financial Income	319 000	68 000	75 000	90 000
Financial Costs	106 000	93 000	7 000	3 000
Financial Balance	213 000	−25 000	68 000	87 000
Dividends	0	0	0	3 600 000
Net Income	3 907 000	3 828 000	3 824 000	3 645 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	55 210 000	57 409 000	59 461 000	61 660 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	55 210 000	57 409 000	59 461 000	61 660 000
Total Fiancial Fixed Assets	2 978 000	2 978 000	2 878 000	0
Total Fixed Assets	58 188 000	60 387 000	62 338 000	61 660 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	12 024 000	9 792 000	7 997 000	8 914 000
Total Assets	70 212 000	70 178 000	70 335 000	70 573 000
Total Equity	59 814 000	60 171 000	60 415 000	60 573 000
Short-Term Group Debt	5 467 000	5 241 000	8 135 000	3 400 000
Total Long-Term Debt	4 525 000	4 625 000	1 664 000	1 708 000
Creditors	201 000	66 000	56 000	30 000
Unpaid Taxes	43 000	65 000	54 000	47 000
Dividends	0	0	0	3 600 000
Other Current Debt	163 000	11 000	11 000	156 000
Total Current Debt	5 873 000	5 383 000	8 256 000	8 293 000
Total Equity and Debt	70 212 000	70 178 000	70 335 000	70 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,53 %	6,36 %	6,33 %	6,02 %
Debt-to-Equity Ratio	0,08	0,08	0,03	0,03
Operating Profit Margin	53,41 %	59,21 %	60,63 %	59,03 %
Current Ratio	2,05	1,82	0,97	1,07
Quick Ratio	2,05	1,82	0,97	1,07
Equity Ratio	0,85	0,86	0,86	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %