TESS AS

3414 LIERSTRANDA

Finances

Return on Equity

3,58 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	262 066 000	235 929 000	219 570 000	237 259 000
Net Income	23 602 000	24 828 000	49 591 000	21 942 000
Total Assets	1 481 973 000	1 248 596 000	1 308 357 000	1 278 075 000
Total Equity	659 720 000	655 729 000	653 806 000	625 562 000

Income (NOK)	2022	2021	2020	2019
Revenue	262 066 000	235 929 000	219 570 000	237 259 000
Expenditure	255 280 000	242 847 000	201 740 000	241 126 000
Operating Profit	6 786 000	−6 917 000	17 830 000	−3 867 000
Financial Income	51 926 000	41 884 000	57 363 000	37 581 000
Financial Costs	31 297 000	9 289 000	15 433 000	11 255 000
Financial Balance	20 629 000	32 595 000	41 930 000	26 326 000
Earnings Before Tax	27 414 000	25 678 000	59 759 000	22 459 000
Tax	3 812 000	850 000	10 169 000	517 000
Net Income	23 602 000	24 828 000	49 591 000	21 942 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	945 093 000	869 729 000	820 822 000	821 725 000
Total Current Assets	536 880 000	378 868 000	487 535 000	456 350 000
Total Assets	1 481 973 000	1 248 596 000	1 308 357 000	1 278 075 000
Total Retained Equity	100 022 000	96 031 000	94 107 000	65 864 000
Total Equity	659 720 000	655 729 000	653 806 000	625 562 000
Total Long-Term Debt	120 713 000	150 184 000	162 284 000	175 300 000
Total Current Debt	701 539 000	442 683 000	492 268 000	477 213 000
Total Equity and Debt	1 481 973 000	1 248 596 000	1 308 357 000	1 278 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 250 000	225 437 000	212 834 000	229 225 000
Other Income	7 817 000	10 492 000	6 736 000	8 034 000
Revenue	262 066 000	235 929 000	219 570 000	237 259 000
Cost of Goods Sold	1 072 000	1 071 000	−4 462 000	56 942 000
Salary Costs	126 184 000	96 287 000	85 592 000	84 537 000
Depreciation	14 089 000	14 666 000	13 519 000	10 467 000
Impairment	0	0	0	0
Expenditure	255 280 000	242 847 000	201 740 000	241 126 000
Operating Profit	6 786 000	−6 917 000	17 830 000	−3 867 000
Financial Income	51 926 000	41 884 000	57 363 000	37 581 000
Financial Costs	31 297 000	9 289 000	15 433 000	11 255 000
Financial Balance	20 629 000	32 595 000	41 930 000	26 326 000
Dividends	10 000 000	16 058 000	15 055 000	10 105 000
Net Income	23 602 000	24 828 000	49 591 000	21 942 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 487 000	1 533 000	393 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	24 876 000	3 138 000	1 749 000	2 035 000
Fixtures	20 813 000	26 949 000	28 999 000	33 249 000
Total Tangible Assets	45 689 000	30 088 000	30 748 000	35 284 000
Total Fiancial Fixed Assets	897 916 000	838 108 000	789 680 000	786 441 000
Total Fixed Assets	945 093 000	869 729 000	820 822 000	821 725 000
Stock	98 000	714 000	276 000	356 000
Total Investments	0	0	0	0
Cash, Bank	0	5 943 000	5 829 000	11 593 000
Total Current Assets	536 880 000	378 868 000	487 535 000	456 350 000
Total Assets	1 481 973 000	1 248 596 000	1 308 357 000	1 278 075 000
Total Equity	659 720 000	655 729 000	653 806 000	625 562 000
Short-Term Group Debt	423 864 000	321 292 000	366 004 000	239 636 000
Total Long-Term Debt	120 713 000	150 184 000	162 284 000	175 300 000
Creditors	24 612 000	16 949 000	10 328 000	19 304 000
Unpaid Taxes	10 144 000	13 280 000	11 352 000	19 920 000
Dividends	10 000 000	16 058 000	15 055 000	10 105 000
Other Current Debt	60 176 000	21 179 000	35 304 000	49 194 000
Total Current Debt	701 539 000	442 683 000	492 268 000	477 213 000
Total Equity and Debt	1 481 973 000	1 248 596 000	1 308 357 000	1 278 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,58 %	3,79 %	7,58 %	3,51 %
Debt-to-Equity Ratio	0,18	0,23	0,25	0,28
Operating Profit Margin	2,59 %	−2,93 %	8,12 %	−1,63 %
Current Ratio	0,77	0,86	0,99	0,96
Quick Ratio	0,77	0,86	0,99	0,96
Equity Ratio	0,45	0,53	0,5	0,49
Gross Profit Margin	99,59 %	99,55 %	102,03 %	76 %