TESS SØR AS

3012 DRAMMEN

Finances

Return on Equity

20,67 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	524 270 000	460 640 000	456 729 000	386 349 000
Net Income	25 791 000	23 835 000	26 099 000	9 376 000
Total Assets	264 990 000	237 344 000	217 907 000	199 762 000
Total Equity	124 761 000	101 549 000	81 290 000	59 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	524 270 000	460 640 000	456 729 000	386 349 000
Expenditure	496 666 000	430 312 000	430 898 000	374 715 000
Operating Profit	27 606 000	30 329 000	25 832 000	11 634 000
Financial Income	5 372 000	3 208 000	8 232 000	2 761 000
Financial Costs	1 571 000	1 367 000	1 800 000	2 071 000
Financial Balance	3 801 000	1 841 000	6 432 000	690 000
Earnings Before Tax	31 407 000	32 170 000	32 264 000	12 323 000
Tax	5 616 000	8 335 000	6 165 000	2 947 000
Net Income	25 791 000	23 835 000	26 099 000	9 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 962 000	54 710 000	59 022 000	61 981 000
Total Current Assets	212 029 000	182 634 000	158 886 000	137 781 000
Total Assets	264 990 000	237 344 000	217 907 000	199 762 000
Total Retained Equity	92 609 000	69 397 000	49 138 000	27 813 000
Total Equity	124 761 000	101 549 000	81 290 000	59 965 000
Total Long-Term Debt	27 000 000	27 000 000	27 000 000	27 000 000
Total Current Debt	113 229 000	108 795 000	109 618 000	112 797 000
Total Equity and Debt	264 990 000	237 344 000	217 907 000	199 762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	524 221 000	458 708 000	454 610 000	385 403 000
Other Income	49 000	1 933 000	2 118 000	946 000
Revenue	524 270 000	460 640 000	456 729 000	386 349 000
Cost of Goods Sold	338 890 000	287 467 000	293 861 000	241 610 000
Salary Costs	96 978 000	90 378 000	85 221 000	83 242 000
Depreciation	5 404 000	5 306 000	5 377 000	4 908 000
Impairment	0	0	0	0
Expenditure	496 666 000	430 312 000	430 898 000	374 715 000
Operating Profit	27 606 000	30 329 000	25 832 000	11 634 000
Financial Income	5 372 000	3 208 000	8 232 000	2 761 000
Financial Costs	1 571 000	1 367 000	1 800 000	2 071 000
Financial Balance	3 801 000	1 841 000	6 432 000	690 000
Dividends	2 579 000	3 575 000	2 453 000	1 146 000
Net Income	25 791 000	23 835 000	26 099 000	9 376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 176 000	4 702 000	8 229 000	11 756 000
Total Intangible Assets	5 798 000	7 631 000	11 855 000	14 968 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	794 000	557 000	591 000	279 000
Fixtures	5 169 000	5 252 000	5 315 000	5 786 000
Total Tangible Assets	5 963 000	5 809 000	5 907 000	6 065 000
Total Fiancial Fixed Assets	41 201 000	41 270 000	41 260 000	40 948 000
Total Fixed Assets	52 962 000	54 710 000	59 022 000	61 981 000
Stock	85 781 000	71 788 000	68 810 000	61 702 000
Total Investments	0	0	0	0
Cash, Bank	3 058 000	19 202 000	9 510 000	4 617 000
Total Current Assets	212 029 000	182 634 000	158 886 000	137 781 000
Total Assets	264 990 000	237 344 000	217 907 000	199 762 000
Total Equity	124 761 000	101 549 000	81 290 000	59 965 000
Short-Term Group Debt	2 122 000	11 185 000	18 776 000	32 174 000
Total Long-Term Debt	27 000 000	27 000 000	27 000 000	27 000 000
Creditors	42 506 000	32 251 000	32 595 000	25 631 000
Unpaid Taxes	11 478 000	11 797 000	7 119 000	10 001 000
Dividends	2 579 000	3 575 000	2 453 000	1 146 000
Other Current Debt	47 235 000	42 348 000	42 751 000	41 101 000
Total Current Debt	113 229 000	108 795 000	109 618 000	112 797 000
Total Equity and Debt	264 990 000	237 344 000	217 907 000	199 762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,67 %	23,47 %	32,11 %	15,64 %
Debt-to-Equity Ratio	0,22	0,27	0,33	0,45
Operating Profit Margin	5,27 %	6,58 %	5,66 %	3,01 %
Current Ratio	1,87	1,68	1,45	1,22
Quick Ratio	7,72	4,94	3,89	2,7
Equity Ratio	0,47	0,43	0,37	0,3
Gross Profit Margin	35,36 %	37,59 %	35,66 %	37,46 %