TERMOENERGI NORGE AS

3208 SANDEFJORD

Finances

Share Ownership

Return on Equity

84,87 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 772 000	8 397 000	5 108 000	5 593 000
Net Income	1 178 000	754 000	234 000	215 000
Total Assets	4 602 000	3 994 000	1 688 000	1 286 000
Total Equity	1 388 000	1 070 000	591 000	357 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 772 000	8 397 000	5 108 000	5 593 000
Expenditure	10 217 000	7 415 000	4 810 000	5 310 000
Operating Profit	1 555 000	982 000	298 000	283 000
Financial Income	0	0	0	0
Financial Costs	44 000	10 000	0	0
Financial Balance	−44 000	−10 000	0	0
Earnings Before Tax	1 511 000	972 000	297 000	283 000
Tax	334 000	218 000	63 000	69 000
Net Income	1 178 000	754 000	234 000	215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 091 000	505 000	31 000	53 000
Total Current Assets	3 511 000	3 490 000	1 657 000	1 233 000
Total Assets	4 602 000	3 994 000	1 688 000	1 286 000
Total Retained Equity	1 188 000	870 000	516 000	282 000
Total Equity	1 388 000	1 070 000	591 000	357 000
Total Long-Term Debt	990 000	439 000	0	0
Total Current Debt	2 224 000	2 485 000	1 097 000	929 000
Total Equity and Debt	4 602 000	3 994 000	1 688 000	1 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 772 000	8 397 000	5 108 000	5 695 000
Other Income	0	0	0	−102 000
Revenue	11 772 000	8 397 000	5 108 000	5 593 000
Cost of Goods Sold	285 000	8 000	65 000	7 000
Salary Costs	5 745 000	5 201 000	3 406 000	3 762 000
Depreciation	162 000	53 000	6 000	17 000
Impairment	0	0	0	0
Expenditure	10 217 000	7 415 000	4 810 000	5 310 000
Operating Profit	1 555 000	982 000	298 000	283 000
Financial Income	0	0	0	0
Financial Costs	44 000	10 000	0	0
Financial Balance	−44 000	−10 000	0	0
Dividends	0	0	0	0
Net Income	1 178 000	754 000	234 000	215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	15 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 044 000	429 000	0	0
Total Tangible Assets	1 044 000	429 000	0	0
Total Fiancial Fixed Assets	47 000	76 000	17 000	53 000
Total Fixed Assets	1 091 000	505 000	31 000	53 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	954 000	1 633 000	803 000	607 000
Total Current Assets	3 511 000	3 490 000	1 657 000	1 233 000
Total Assets	4 602 000	3 994 000	1 688 000	1 286 000
Total Equity	1 388 000	1 070 000	591 000	357 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	990 000	439 000	0	0
Creditors	220 000	165 000	82 000	36 000
Unpaid Taxes	1 151 000	1 231 000	644 000	479 000
Dividends	0	0	0	0
Other Current Debt	535 000	884 000	307 000	345 000
Total Current Debt	2 224 000	2 485 000	1 097 000	929 000
Total Equity and Debt	4 602 000	3 994 000	1 688 000	1 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,87 %	70,47 %	39,59 %	60,22 %
Debt-to-Equity Ratio	0,71	0,41	0	0
Operating Profit Margin	13,21 %	11,69 %	5,83 %	5,06 %
Current Ratio	1,58	1,4	1,51	1,33
Quick Ratio	1,58	1,4	1,51	1,33
Equity Ratio	0,3	0,27	0,35	0,28
Gross Profit Margin	97,58 %	99,9 %	98,73 %	99,87 %