TESS ÅLESUND EIENDOM AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

40,62 %

Current Ratio

2,69

Debt-to-Equity Ratio

1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 736 000	5 353 000	5 767 000	5 674 000
Net Income	2 750 000	2 524 000	2 899 000	2 792 000
Total Assets	23 702 000	24 000 000	25 390 000	28 395 000
Total Equity	6 770 000	7 233 000	7 685 000	8 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 736 000	5 353 000	5 767 000	5 674 000
Expenditure	2 051 000	1 828 000	1 800 000	1 939 000
Operating Profit	3 685 000	3 525 000	3 968 000	3 735 000
Financial Income	243 000	29 000	66 000	161 000
Financial Costs	402 000	319 000	317 000	316 000
Financial Balance	−159 000	−290 000	−251 000	−155 000
Earnings Before Tax	3 526 000	3 235 000	3 717 000	3 580 000
Tax	776 000	712 000	818 000	788 000
Net Income	2 750 000	2 524 000	2 899 000	2 792 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 195 000	13 108 000	13 998 000	14 424 000
Total Current Assets	11 507 000	10 892 000	11 391 000	13 971 000
Total Assets	23 702 000	24 000 000	25 390 000	28 395 000
Total Retained Equity	4 366 000	4 829 000	5 281 000	5 711 000
Total Equity	6 770 000	7 233 000	7 685 000	8 115 000
Total Long-Term Debt	12 650 000	12 781 000	12 908 000	13 030 000
Total Current Debt	4 282 000	3 985 000	4 797 000	7 250 000
Total Equity and Debt	23 702 000	24 000 000	25 390 000	28 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 062 000	4 654 000	5 128 000	5 016 000
Other Income	674 000	699 000	640 000	658 000
Revenue	5 736 000	5 353 000	5 767 000	5 674 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	913 000	913 000	909 000	916 000
Impairment	0	0	0	0
Expenditure	2 051 000	1 828 000	1 800 000	1 939 000
Operating Profit	3 685 000	3 525 000	3 968 000	3 735 000
Financial Income	243 000	29 000	66 000	161 000
Financial Costs	402 000	319 000	317 000	316 000
Financial Balance	−159 000	−290 000	−251 000	−155 000
Dividends	0	0	0	2 600 000
Net Income	2 750 000	2 524 000	2 899 000	2 792 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 195 000	13 108 000	13 998 000	14 415 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	9 000
Total Tangible Assets	12 195 000	13 108 000	13 998 000	14 424 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 195 000	13 108 000	13 998 000	14 424 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	11 507 000	10 892 000	11 391 000	13 971 000
Total Assets	23 702 000	24 000 000	25 390 000	28 395 000
Total Equity	6 770 000	7 233 000	7 685 000	8 115 000
Short-Term Group Debt	4 120 000	3 893 000	4 269 000	3 483 000
Total Long-Term Debt	12 650 000	12 781 000	12 908 000	13 030 000
Creditors	93 000	31 000	157 000	108 000
Unpaid Taxes	31 000	61 000	56 000	64 000
Dividends	0	0	0	2 600 000
Other Current Debt	37 000	0	315 000	79 000
Total Current Debt	4 282 000	3 985 000	4 797 000	7 250 000
Total Equity and Debt	23 702 000	24 000 000	25 390 000	28 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,62 %	34,9 %	37,72 %	34,41 %
Debt-to-Equity Ratio	1,87	1,77	1,68	1,61
Operating Profit Margin	64,24 %	65,85 %	68,81 %	65,83 %
Current Ratio	2,69	2,73	2,37	1,93
Quick Ratio	2,69	2,73	2,37	1,93
Equity Ratio	0,29	0,3	0,3	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %