TERNEN UTVIKLING AS

3477 BÅTSTØ

Finances

Share Ownership

Return on Equity

8,92 %

Current Ratio

7,6

Debt-to-Equity Ratio

−2,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	50 000	0	0
Net Income	−52 000	−690 000	−75 000	−72 000
Total Assets	1 046 000	1 305 000	1 610 000	724 000
Total Equity	−583 000	−594 000	−235 000	−160 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	50 000	0	0
Expenditure	5 000	701 000	32 000	23 000
Operating Profit	−5 000	−651 000	−32 000	−23 000
Financial Income	0	0	0	0
Financial Costs	47 000	39 000	44 000	49 000
Financial Balance	−47 000	−39 000	−44 000	−49 000
Earnings Before Tax	−52 000	−690 000	−75 000	−72 000
Tax	0	0	0	0
Net Income	−52 000	−690 000	−75 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	970 000	970 000	1 583 000	710 000
Total Current Assets	76 000	335 000	27 000	14 000
Total Assets	1 046 000	1 305 000	1 610 000	724 000
Total Retained Equity	−1 007 000	−955 000	−265 000	−190 000
Total Equity	−583 000	−594 000	−235 000	−160 000
Total Long-Term Debt	1 619 000	1 879 000	1 825 000	864 000
Total Current Debt	10 000	20 000	20 000	20 000
Total Equity and Debt	1 046 000	1 305 000	1 610 000	724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	50 000	0	0
Revenue	0	50 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	701 000	32 000	23 000
Operating Profit	−5 000	−651 000	−32 000	−23 000
Financial Income	0	0	0	0
Financial Costs	47 000	39 000	44 000	49 000
Financial Balance	−47 000	−39 000	−44 000	−49 000
Dividends	0	0	0	0
Net Income	−52 000	−690 000	−75 000	−72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	970 000	970 000	970 000	970 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	970 000	970 000	970 000	970 000
Total Fiancial Fixed Assets	0	0	613 000	−260 000
Total Fixed Assets	970 000	970 000	1 583 000	710 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	4 000	27 000	14 000
Total Current Assets	76 000	335 000	27 000	14 000
Total Assets	1 046 000	1 305 000	1 610 000	724 000
Total Equity	−583 000	−594 000	−235 000	−160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 619 000	1 879 000	1 825 000	864 000
Creditors	0	10 000	10 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	10 000	10 000	10 000
Total Current Debt	10 000	20 000	20 000	20 000
Total Equity and Debt	1 046 000	1 305 000	1 610 000	724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,92 %	116,16 %	31,91 %	45 %
Debt-to-Equity Ratio	−2,78	−3,16	−7,77	−5,4
Operating Profit Margin	-	−1 302 %	-	-
Current Ratio	7,6	16,75	1,35	0,7
Quick Ratio	7,6	16,75	1,35	0,7
Equity Ratio	−0,56	−0,46	−0,15	−0,22
Gross Profit Margin	-	100 %	-	-