TERRA FIRMA AS

4023 STAVANGER

Finances

Return on Equity

46,67 %

Current Ratio

N/A

Debt-to-Equity Ratio

16,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	220 000	41 000	6 000
Net Income	56 000	568 000	−154 000	−158 000
Total Assets	2 120 000	2 086 000	1 983 000	1 977 000
Total Equity	120 000	64 000	−504 000	−350 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	220 000	41 000	6 000
Expenditure	144 000	117 000	34 000	6 000
Operating Profit	56 000	103 000	6 000	0
Financial Income	0	0	0	2 000
Financial Costs	0	−477 000	160 000	160 000
Financial Balance	0	477 000	−160 000	−158 000
Earnings Before Tax	56 000	580 000	−154 000	−158 000
Tax	0	12 000	0	0
Net Income	56 000	568 000	−154 000	−158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 551 000	1 606 000	1 566 000	1 566 000
Total Current Assets	569 000	480 000	417 000	411 000
Total Assets	2 120 000	2 086 000	1 983 000	1 977 000
Total Retained Equity	90 000	34 000	−534 000	−380 000
Total Equity	120 000	64 000	−504 000	−350 000
Total Long-Term Debt	2 000 000	2 000 000	2 000 000	2 000 000
Total Current Debt	0	22 000	487 000	327 000
Total Equity and Debt	2 120 000	2 086 000	1 983 000	1 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	220 000	41 000	6 000
Other Income	0	0	0	0
Revenue	200 000	220 000	41 000	6 000
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	144 000	117 000	34 000	6 000
Operating Profit	56 000	103 000	6 000	0
Financial Income	0	0	0	2 000
Financial Costs	0	−477 000	160 000	160 000
Financial Balance	0	477 000	−160 000	−158 000
Dividends	0	0	0	0
Net Income	56 000	568 000	−154 000	−158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 551 000	1 606 000	1 566 000	1 566 000
Total Fixed Assets	1 551 000	1 606 000	1 566 000	1 566 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	544 000	480 000	417 000	411 000
Total Current Assets	569 000	480 000	417 000	411 000
Total Assets	2 120 000	2 086 000	1 983 000	1 977 000
Total Equity	120 000	64 000	−504 000	−350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	2 000 000	2 000 000	2 000 000
Creditors	0	0	0	0
Unpaid Taxes	0	10 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	487 000	327 000
Total Current Debt	0	22 000	487 000	327 000
Total Equity and Debt	2 120 000	2 086 000	1 983 000	1 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,67 %	887,5 %	30,56 %	45,14 %
Debt-to-Equity Ratio	16,67	31,25	−3,97	−5,71
Operating Profit Margin	28 %	46,82 %	14,63 %	0 %
Current Ratio	-	21,82	0,86	1,26
Quick Ratio	-	21,82	0,86	1,26
Equity Ratio	0,06	0,03	−0,25	−0,18
Gross Profit Margin	100 %	100 %	100 %	100 %