TTE INVEST AS

7052 TRONDHEIM

Finances

Return on Equity

14,48 %

Current Ratio

40,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 705 000	3 313 000	1 055 000	682 000
Net Income	4 049 000	11 108 000	−372 000	5 848 000
Total Assets	28 518 000	30 980 000	21 889 000	18 994 000
Total Equity	27 969 000	23 919 000	16 811 000	17 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 705 000	3 313 000	1 055 000	682 000
Expenditure	5 414 000	4 032 000	1 375 000	555 000
Operating Profit	291 000	−719 000	−320 000	126 000
Financial Income	5 103 000	11 852 000	41 000	5 850 000
Financial Costs	1 323 000	188 000	197 000	46 000
Financial Balance	3 780 000	11 664 000	−156 000	5 804 000
Earnings Before Tax	4 071 000	10 945 000	−476 000	5 930 000
Tax	22 000	−163 000	−105 000	81 000
Net Income	4 049 000	11 108 000	−372 000	5 848 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 550 000	8 386 000	20 077 000	14 811 000
Total Current Assets	21 968 000	22 594 000	1 812 000	4 183 000
Total Assets	28 518 000	30 980 000	21 889 000	18 994 000
Total Retained Equity	18 519 000	14 470 000	7 361 000	7 733 000
Total Equity	27 969 000	23 919 000	16 811 000	17 183 000
Total Long-Term Debt	0	2 777 000	4 333 000	0
Total Current Debt	549 000	4 284 000	745 000	1 811 000
Total Equity and Debt	28 518 000	30 980 000	21 889 000	18 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 253 000	2 792 000	665 000	280 000
Other Income	453 000	521 000	391 000	402 000
Revenue	5 705 000	3 313 000	1 055 000	682 000
Cost of Goods Sold	4 185 000	1 946 000	0	0
Salary Costs	833 000	892 000	949 000	319 000
Depreciation	206 000	369 000	283 000	86 000
Impairment	0	0	0	0
Expenditure	5 414 000	4 032 000	1 375 000	555 000
Operating Profit	291 000	−719 000	−320 000	126 000
Financial Income	5 103 000	11 852 000	41 000	5 850 000
Financial Costs	1 323 000	188 000	197 000	46 000
Financial Balance	3 780 000	11 664 000	−156 000	5 804 000
Dividends	0	4 000 000	0	1 000 000
Net Income	4 049 000	11 108 000	−372 000	5 848 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	239 000	261 000	97 000	29 000
Real Eastate	4 602 000	4 700 000	13 457 000	8 840 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	688 000	459 000	581 000	0
Total Tangible Assets	5 290 000	5 159 000	14 038 000	8 840 000
Total Fiancial Fixed Assets	1 021 000	2 967 000	5 942 000	5 942 000
Total Fixed Assets	6 550 000	8 386 000	20 077 000	14 811 000
Stock	0	0	0	0
Total Investments	12 899 000	14 957 000	5 000	5 000
Cash, Bank	5 422 000	6 581 000	403 000	796 000
Total Current Assets	21 968 000	22 594 000	1 812 000	4 183 000
Total Assets	28 518 000	30 980 000	21 889 000	18 994 000
Total Equity	27 969 000	23 919 000	16 811 000	17 183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 777 000	4 333 000	0
Creditors	23 000	3 000	18 000	222 000
Unpaid Taxes	399 000	54 000	93 000	0
Dividends	0	4 000 000	0	1 000 000
Other Current Debt	127 000	4 227 000	634 000	1 553 000
Total Current Debt	549 000	4 284 000	745 000	1 811 000
Total Equity and Debt	28 518 000	30 980 000	21 889 000	18 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,48 %	46,44 %	−2,21 %	34,03 %
Debt-to-Equity Ratio	0	0,12	0,26	0
Operating Profit Margin	5,1 %	−21,7 %	−30,33 %	18,48 %
Current Ratio	40,01	5,27	2,43	2,31
Quick Ratio	40,01	5,27	2,43	2,31
Equity Ratio	0,98	0,77	0,77	0,9
Gross Profit Margin	26,64 %	41,26 %	100 %	100 %