TERTIT INVEST AS

0194 OSLO

Finances

Return on Equity

15 %

Current Ratio

3,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 753 000	0	0	0
Net Income	854 000	1 357 000	−3 000	65 000
Total Assets	6 530 000	7 762 000	6 398 000	7 023 000
Total Equity	5 693 000	7 338 000	6 331 000	6 884 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 753 000	0	0	0
Expenditure	1 667 000	194 000	102 000	112 000
Operating Profit	1 086 000	−194 000	−102 000	−112 000
Financial Income	9 000	1 523 000	98 000	197 000
Financial Costs	0	0	0	0
Financial Balance	9 000	1 523 000	98 000	197 000
Earnings Before Tax	1 095 000	1 329 000	−4 000	86 000
Tax	241 000	−28 000	−1 000	21 000
Net Income	854 000	1 357 000	−3 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 850 000	2 528 000	3 881 000	6 744 000
Total Current Assets	2 680 000	5 235 000	2 517 000	279 000
Total Assets	6 530 000	7 762 000	6 398 000	7 023 000
Total Retained Equity	5 655 000	7 300 000	6 293 000	6 846 000
Total Equity	5 693 000	7 338 000	6 331 000	6 884 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	837 000	424 000	67 000	139 000
Total Equity and Debt	6 530 000	7 762 000	6 398 000	7 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 753 000	0	0	0
Other Income	0	0	0	0
Revenue	2 753 000	0	0	0
Cost of Goods Sold	46 000	0	0	0
Salary Costs	1 354 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 667 000	194 000	102 000	112 000
Operating Profit	1 086 000	−194 000	−102 000	−112 000
Financial Income	9 000	1 523 000	98 000	197 000
Financial Costs	0	0	0	0
Financial Balance	9 000	1 523 000	98 000	197 000
Dividends	2 500 000	350 000	0	0
Net Income	854 000	1 357 000	−3 000	65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	28 000	1 000	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	3 850 000	2 500 000	3 880 000	6 744 000
Total Fixed Assets	3 850 000	2 528 000	3 881 000	6 744 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 971 000	4 892 000	2 517 000	279 000
Total Current Assets	2 680 000	5 235 000	2 517 000	279 000
Total Assets	6 530 000	7 762 000	6 398 000	7 023 000
Total Equity	5 693 000	7 338 000	6 331 000	6 884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−14 000	34 000	0	0
Unpaid Taxes	357 000	5 000	5 000	5 000
Dividends	2 500 000	350 000	0	0
Other Current Debt	281 000	36 000	62 000	113 000
Total Current Debt	837 000	424 000	67 000	139 000
Total Equity and Debt	6 530 000	7 762 000	6 398 000	7 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15 %	18,49 %	−0,05 %	0,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,45 %	-	-	-
Current Ratio	3,2	12,35	37,57	2,01
Quick Ratio	3,2	12,35	37,57	2,01
Equity Ratio	0,87	0,95	0,99	0,98
Gross Profit Margin	98,33 %	-	-	-