TERTNESHØYDEN AS

5132 NYBORG

Finances

Share Ownership

Return on Equity

43,02 %

Current Ratio

5,09

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 350 000	16 394 000	0	0
Net Income	869 000	1 799 000	−53 000	−51 000
Total Assets	2 893 000	4 088 000	12 871 000	6 582 000
Total Equity	2 020 000	1 180 000	−398 000	−345 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 350 000	16 394 000	0	0
Expenditure	2 245 000	14 092 000	68 000	65 000
Operating Profit	1 105 000	2 302 000	−68 000	−65 000
Financial Income	44 000	4 000	0	0
Financial Costs	34 000	0	0	0
Financial Balance	10 000	4 000	0	0
Earnings Before Tax	1 115 000	2 306 000	−68 000	−65 000
Tax	245 000	507 000	−15 000	−14 000
Net Income	869 000	1 799 000	−53 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	33 000	155 000	144 000
Total Current Assets	2 831 000	4 055 000	12 716 000	6 438 000
Total Assets	2 893 000	4 088 000	12 871 000	6 582 000
Total Retained Equity	1 920 000	1 080 000	−498 000	−445 000
Total Equity	2 020 000	1 180 000	−398 000	−345 000
Total Long-Term Debt	317 000	2 049 000	12 251 000	6 925 000
Total Current Debt	556 000	859 000	1 018 000	1 000
Total Equity and Debt	2 893 000	4 088 000	12 871 000	6 582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 350 000	16 394 000	0	0
Other Income	0	0	0	0
Revenue	3 350 000	16 394 000	0	0
Cost of Goods Sold	2 159 000	13 784 000	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	3 000	4 000	2 000
Impairment	0	0	0	0
Expenditure	2 245 000	14 092 000	68 000	65 000
Operating Profit	1 105 000	2 302 000	−68 000	−65 000
Financial Income	44 000	4 000	0	0
Financial Costs	34 000	0	0	0
Financial Balance	10 000	4 000	0	0
Dividends	0	0	0	0
Net Income	869 000	1 799 000	−53 000	−51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	21 000	140 000	125 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	12 000	15 000	19 000
Total Tangible Assets	9 000	12 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	62 000	33 000	155 000	144 000
Stock	0	2 051 000	11 448 000	6 412 000
Total Investments	0	0	0	0
Cash, Bank	2 831 000	2 004 000	1 267 000	25 000
Total Current Assets	2 831 000	4 055 000	12 716 000	6 438 000
Total Assets	2 893 000	4 088 000	12 871 000	6 582 000
Total Equity	2 020 000	1 180 000	−398 000	−345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	317 000	2 049 000	12 251 000	6 925 000
Creditors	0	0	10 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	287 000	534 000	1 008 000	1 000
Total Current Debt	556 000	859 000	1 018 000	1 000
Total Equity and Debt	2 893 000	4 088 000	12 871 000	6 582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,02 %	152,46 %	13,32 %	14,78 %
Debt-to-Equity Ratio	0,16	1,74	−30,78	−20,07
Operating Profit Margin	32,99 %	14,04 %	-	-
Current Ratio	5,09	4,72	12,49	6 438
Quick Ratio	5,09	−3,4	−1,22	−1
Equity Ratio	0,7	0,29	−0,03	−0,05
Gross Profit Margin	35,55 %	15,92 %	-	-