TETE EIENDOM AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

−4,54 %

Current Ratio

85,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000	440 000	2 706 000	152 000
Net Income	−44 000	63 000	1 833 000	−212 000
Total Assets	976 000	6 056 000	5 222 000	4 443 000
Total Equity	970 000	1 014 000	1 352 000	−481 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000	440 000	2 706 000	152 000
Expenditure	32 000	96 000	81 000	116 000
Operating Profit	−18 000	345 000	2 625 000	36 000
Financial Income	2 000	0	0	0
Financial Costs	28 000	265 000	425 000	248 000
Financial Balance	−26 000	−265 000	−425 000	−248 000
Earnings Before Tax	−44 000	81 000	2 200 000	−212 000
Tax	0	18 000	367 000	0
Net Income	−44 000	63 000	1 833 000	−212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	465 000	5 221 000	4 087 000	4 087 000
Total Current Assets	511 000	835 000	1 135 000	356 000
Total Assets	976 000	6 056 000	5 222 000	4 443 000
Total Retained Equity	931 000	975 000	1 312 000	−521 000
Total Equity	970 000	1 014 000	1 352 000	−481 000
Total Long-Term Debt	0	5 015 000	3 464 000	4 554 000
Total Current Debt	6 000	27 000	406 000	370 000
Total Equity and Debt	976 000	6 056 000	5 222 000	4 443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 479 000	0
Other Income	14 000	440 000	226 000	152 000
Revenue	14 000	440 000	2 706 000	152 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	32 000	96 000	81 000	116 000
Operating Profit	−18 000	345 000	2 625 000	36 000
Financial Income	2 000	0	0	0
Financial Costs	28 000	265 000	425 000	248 000
Financial Balance	−26 000	−265 000	−425 000	−248 000
Dividends	0	0	0	0
Net Income	−44 000	63 000	1 833 000	−212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	465 000	5 221 000	4 087 000	4 087 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	465 000	5 221 000	4 087 000	4 087 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	465 000	5 221 000	4 087 000	4 087 000
Stock	34 000	0	0	319 000
Total Investments	0	0	0	0
Cash, Bank	477 000	835 000	1 135 000	37 000
Total Current Assets	511 000	835 000	1 135 000	356 000
Total Assets	976 000	6 056 000	5 222 000	4 443 000
Total Equity	970 000	1 014 000	1 352 000	−481 000
Short-Term Group Debt	0	0	0	205 000
Total Long-Term Debt	0	5 015 000	3 464 000	4 554 000
Creditors	6 000	0	27 000	106 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	23 000	12 000	60 000
Total Current Debt	6 000	27 000	406 000	370 000
Total Equity and Debt	976 000	6 056 000	5 222 000	4 443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,54 %	6,21 %	135,58 %	44,07 %
Debt-to-Equity Ratio	0	4,95	2,56	−9,47
Operating Profit Margin	−128,57 %	78,41 %	97,01 %	23,68 %
Current Ratio	85,17	30,93	2,8	0,96
Quick Ratio	−18,25	30,93	2,8	6,98
Equity Ratio	0,99	0,17	0,26	−0,11
Gross Profit Margin	100 %	100 %	100 %	100 %