TERRATECH AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

−223,38 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 275 000	3 600 000	2 587 000	2 501 000
Net Income	−344 000	−91 000	−34 000	−689 000
Total Assets	1 522 000	1 185 000	1 498 000	1 488 000
Total Equity	154 000	498 000	485 000	−4 560 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 275 000	3 600 000	2 587 000	2 501 000
Expenditure	5 624 000	3 779 000	2 620 000	3 140 000
Operating Profit	−348 000	−179 000	−35 000	−639 000
Financial Income	6 000	162 000	3 000	3 000
Financial Costs	1 000	74 000	3 000	53 000
Financial Balance	5 000	88 000	0	−50 000
Earnings Before Tax	−344 000	−91 000	−34 000	−689 000
Tax	0	0	0	0
Net Income	−344 000	−91 000	−34 000	−689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	260 000	265 000	429 000
Total Current Assets	1 380 000	924 000	1 234 000	1 058 000
Total Assets	1 522 000	1 185 000	1 498 000	1 488 000
Total Retained Equity	−341 000	3 000	−10 000	−6 820 000
Total Equity	154 000	498 000	485 000	−4 560 000
Total Long-Term Debt	0	0	0	56 000
Total Current Debt	1 369 000	687 000	1 013 000	5 992 000
Total Equity and Debt	1 522 000	1 185 000	1 498 000	1 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 275 000	3 636 000	2 586 000	2 501 000
Other Income	0	−36 000	0	0
Revenue	5 275 000	3 600 000	2 587 000	2 501 000
Cost of Goods Sold	3 471 000	2 546 000	1 807 000	1 949 000
Salary Costs	1 165 000	299 000	186 000	324 000
Depreciation	116 000	180 000	119 000	115 000
Impairment	0	0	0	0
Expenditure	5 624 000	3 779 000	2 620 000	3 140 000
Operating Profit	−348 000	−179 000	−35 000	−639 000
Financial Income	6 000	162 000	3 000	3 000
Financial Costs	1 000	74 000	3 000	53 000
Financial Balance	5 000	88 000	0	−50 000
Dividends	0	0	0	0
Net Income	−344 000	−91 000	−34 000	−689 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	25 000	106 000	186 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	8 000	0	0	0
Fixtures	134 000	235 000	159 000	198 000
Total Tangible Assets	142 000	235 000	159 000	198 000
Total Fiancial Fixed Assets	0	0	0	45 000
Total Fixed Assets	142 000	260 000	265 000	429 000
Stock	1 102 000	880 000	997 000	874 000
Total Investments	0	0	0	0
Cash, Bank	32 000	15 000	2 000	2 000
Total Current Assets	1 380 000	924 000	1 234 000	1 058 000
Total Assets	1 522 000	1 185 000	1 498 000	1 488 000
Total Equity	154 000	498 000	485 000	−4 560 000
Short-Term Group Debt	0	0	0	2 327 000
Total Long-Term Debt	0	0	0	56 000
Creditors	814 000	463 000	517 000	485 000
Unpaid Taxes	200 000	106 000	25 000	27 000
Dividends	0	0	0	0
Other Current Debt	355 000	118 000	471 000	3 153 000
Total Current Debt	1 369 000	687 000	1 013 000	5 992 000
Total Equity and Debt	1 522 000	1 185 000	1 498 000	1 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−223,38 %	−18,27 %	−7,01 %	15,11 %
Debt-to-Equity Ratio	0	0	0	−0,01
Operating Profit Margin	−6,6 %	−4,97 %	−1,35 %	−25,55 %
Current Ratio	1,01	1,34	1,22	0,18
Quick Ratio	5,17	−4,79	77,13	0,21
Equity Ratio	0,1	0,42	0,32	−3,06
Gross Profit Margin	34,2 %	29,28 %	30,15 %	22,07 %