TEV ENTREPRENØR AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

30,07 %

Current Ratio

0,17

Debt-to-Equity Ratio

2,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 677 000	1 686 000	1 205 000	1 158 000
Net Income	43 000	134 000	−152 000	31 000
Total Assets	1 538 000	800 000	676 000	865 000
Total Equity	143 000	100 000	−34 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 677 000	1 686 000	1 205 000	1 158 000
Expenditure	1 621 000	1 510 000	1 399 000	1 118 000
Operating Profit	56 000	176 000	−193 000	41 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	55 000	176 000	−193 000	40 000
Tax	13 000	42 000	−41 000	9 000
Net Income	43 000	134 000	−152 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 372 000	567 000	211 000	309 000
Total Current Assets	166 000	233 000	464 000	556 000
Total Assets	1 538 000	800 000	676 000	865 000
Total Retained Equity	113 000	70 000	−54 000	98 000
Total Equity	143 000	100 000	−34 000	118 000
Total Long-Term Debt	395 000	262 000	502 000	504 000
Total Current Debt	1 000 000	437 000	207 000	243 000
Total Equity and Debt	1 538 000	800 000	676 000	865 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 677 000	1 343 000	1 205 000	1 158 000
Other Income	0	343 000	0	0
Revenue	1 677 000	1 686 000	1 205 000	1 158 000
Cost of Goods Sold	24 000	71 000	105 000	10 000
Salary Costs	761 000	469 000	602 000	450 000
Depreciation	15 000	16 000	15 000	13 000
Impairment	0	0	0	0
Expenditure	1 621 000	1 510 000	1 399 000	1 118 000
Operating Profit	56 000	176 000	−193 000	41 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	43 000	134 000	−152 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	35 000	0
Real Eastate	1 335 000	481 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	37 000	51 000	66 000
Total Tangible Assets	1 357 000	518 000	51 000	66 000
Total Fiancial Fixed Assets	15 000	49 000	125 000	243 000
Total Fixed Assets	1 372 000	567 000	211 000	309 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	215 000	201 000	427 000
Total Current Assets	166 000	233 000	464 000	556 000
Total Assets	1 538 000	800 000	676 000	865 000
Total Equity	143 000	100 000	−34 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	395 000	262 000	502 000	504 000
Creditors	304 000	27 000	54 000	115 000
Unpaid Taxes	41 000	63 000	89 000	77 000
Dividends	0	0	0	0
Other Current Debt	655 000	347 000	64 000	46 000
Total Current Debt	1 000 000	437 000	207 000	243 000
Total Equity and Debt	1 538 000	800 000	676 000	865 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,07 %	134 %	447,06 %	26,27 %
Debt-to-Equity Ratio	2,76	2,62	−14,76	4,27
Operating Profit Margin	3,34 %	10,44 %	−16,02 %	3,54 %
Current Ratio	0,17	0,53	2,24	2,29
Quick Ratio	0,17	0,53	2,24	2,29
Equity Ratio	0,09	0,13	−0,05	0,14
Gross Profit Margin	98,57 %	95,79 %	91,29 %	99,14 %