TEFT EIENDOMSUTVIKLING AS

7900 RØRVIK

Finances

Return on Equity

14,72 %

Current Ratio

0,06

Debt-to-Equity Ratio

2,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 665 000	7 830 000	7 184 000	4 765 000
Net Income	2 927 000	1 359 000	−2 729 000	−1 750 000
Total Assets	101 556 000	89 160 000	98 906 000	71 814 000
Total Equity	19 886 000	16 959 000	15 600 000	10 829 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 665 000	7 830 000	7 184 000	4 765 000
Expenditure	5 013 000	5 771 000	6 821 000	5 340 000
Operating Profit	3 652 000	2 059 000	363 000	−576 000
Financial Income	2 201 000	982 000	258 000	3 000
Financial Costs	2 397 000	1 298 000	4 120 000	1 844 000
Financial Balance	−196 000	−316 000	−3 862 000	−1 841 000
Earnings Before Tax	3 456 000	1 742 000	−3 499 000	−2 417 000
Tax	528 000	383 000	−770 000	−667 000
Net Income	2 927 000	1 359 000	−2 729 000	−1 750 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 159 000	88 960 000	87 227 000	63 083 000
Total Current Assets	1 397 000	201 000	11 678 000	8 731 000
Total Assets	101 556 000	89 160 000	98 906 000	71 814 000
Total Retained Equity	4 286 000	1 359 000	0	0
Total Equity	19 886 000	16 959 000	15 600 000	10 829 000
Total Long-Term Debt	59 538 000	62 081 000	69 693 000	59 685 000
Total Current Debt	22 132 000	10 121 000	13 613 000	1 300 000
Total Equity and Debt	101 556 000	89 160 000	98 906 000	71 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 022 000	7 645 000	6 697 000	4 695 000
Other Income	643 000	186 000	487 000	70 000
Revenue	8 665 000	7 830 000	7 184 000	4 765 000
Cost of Goods Sold	0	0	0	0
Salary Costs	302 000	282 000	436 000	127 000
Depreciation	3 200 000	3 070 000	2 941 000	2 279 000
Impairment	0	0	0	0
Expenditure	5 013 000	5 771 000	6 821 000	5 340 000
Operating Profit	3 652 000	2 059 000	363 000	−576 000
Financial Income	2 201 000	982 000	258 000	3 000
Financial Costs	2 397 000	1 298 000	4 120 000	1 844 000
Financial Balance	−196 000	−316 000	−3 862 000	−1 841 000
Dividends	0	0	0	0
Net Income	2 927 000	1 359 000	−2 729 000	−1 750 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	0	0	0
Real Eastate	70 887 000	73 225 000	72 950 000	62 983 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	47 000	0	0
Total Tangible Assets	70 949 000	73 271 000	72 950 000	62 983 000
Total Fiancial Fixed Assets	29 119 000	15 689 000	14 277 000	100 000
Total Fixed Assets	100 159 000	88 960 000	87 227 000	63 083 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	4 000	619 000	210 000
Total Current Assets	1 397 000	201 000	11 678 000	8 731 000
Total Assets	101 556 000	89 160 000	98 906 000	71 814 000
Total Equity	19 886 000	16 959 000	15 600 000	10 829 000
Short-Term Group Debt	19 928 000	8 251 000	0	0
Total Long-Term Debt	59 538 000	62 081 000	69 693 000	59 685 000
Creditors	789 000	933 000	11 852 000	734 000
Unpaid Taxes	223 000	137 000	44 000	2 000
Dividends	0	0	0	0
Other Current Debt	604 000	308 000	303 000	565 000
Total Current Debt	22 132 000	10 121 000	13 613 000	1 300 000
Total Equity and Debt	101 556 000	89 160 000	98 906 000	71 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,72 %	8,01 %	−17,49 %	−16,16 %
Debt-to-Equity Ratio	2,99	3,66	4,47	5,51
Operating Profit Margin	42,15 %	26,3 %	5,05 %	−12,09 %
Current Ratio	0,06	0,02	0,86	6,72
Quick Ratio	0,06	0,02	0,86	6,72
Equity Ratio	0,2	0,19	0,16	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %