TERN ADVISORS AS

0276 OSLO

Finances

Share Ownership

Return on Equity

265,91 %

Current Ratio

1,1

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 725 000	1 930 000	16 000	306 000
Net Income	468 000	381 000	−96 000	−181 000
Total Assets	1 786 000	803 000	170 000	178 000
Total Equity	176 000	159 000	−122 000	−27 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 725 000	1 930 000	16 000	306 000
Expenditure	2 118 000	1 518 000	111 000	480 000
Operating Profit	607 000	412 000	−95 000	−174 000
Financial Income	0	0	0	0
Financial Costs	7 000	3 000	1 000	7 000
Financial Balance	−7 000	−3 000	−1 000	−7 000
Earnings Before Tax	600 000	409 000	−96 000	−181 000
Tax	132 000	28 000	0	0
Net Income	468 000	381 000	−96 000	−181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	15 000	15 000	0
Total Current Assets	1 565 000	788 000	156 000	178 000
Total Assets	1 786 000	803 000	170 000	178 000
Total Retained Equity	146 000	129 000	−152 000	−57 000
Total Equity	176 000	159 000	−122 000	−27 000
Total Long-Term Debt	193 000	0	0	0
Total Current Debt	1 417 000	644 000	293 000	204 000
Total Equity and Debt	1 786 000	803 000	170 000	178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 725 000	1 930 000	16 000	273 000
Other Income	0	0	0	32 000
Revenue	2 725 000	1 930 000	16 000	306 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 969 000	1 354 000	5 000	284 000
Depreciation	27 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 118 000	1 518 000	111 000	480 000
Operating Profit	607 000	412 000	−95 000	−174 000
Financial Income	0	0	0	0
Financial Costs	7 000	3 000	1 000	7 000
Financial Balance	−7 000	−3 000	−1 000	−7 000
Dividends	0	0	0	0
Net Income	468 000	381 000	−96 000	−181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	221 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	221 000	0	0	0
Total Fiancial Fixed Assets	0	15 000	15 000	0
Total Fixed Assets	221 000	15 000	15 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	247 000	3 000	2 000
Total Current Assets	1 565 000	788 000	156 000	178 000
Total Assets	1 786 000	803 000	170 000	178 000
Total Equity	176 000	159 000	−122 000	−27 000
Short-Term Group Debt	578 000	128 000	0	0
Total Long-Term Debt	193 000	0	0	0
Creditors	11 000	45 000	15 000	5 000
Unpaid Taxes	628 000	347 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	200 000	123 000	278 000	195 000
Total Current Debt	1 417 000	644 000	293 000	204 000
Total Equity and Debt	1 786 000	803 000	170 000	178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	265,91 %	239,62 %	78,69 %	670,37 %
Debt-to-Equity Ratio	1,1	0	−0	−0
Operating Profit Margin	22,28 %	21,35 %	−593,75 %	−56,86 %
Current Ratio	1,1	1,22	0,53	0,87
Quick Ratio	1,1	1,22	0,53	0,87
Equity Ratio	0,1	0,2	−0,72	−0,15
Gross Profit Margin	100 %	100 %	100 %	100 %