TARE INVEST AS

8402 SORTLAND

Finances

Return on Equity

14,21 %

Current Ratio

Debt-to-Equity Ratio

2,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	55 000	72 000	43 000	41 000
Total Assets	1 447 000	1 388 000	1 526 000	1 482 000
Total Equity	387 000	332 000	260 000	217 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 000	0	1 000	1 000
Operating Profit	−1 000	0	−1 000	−1 000
Financial Income	101 000	145 000	79 000	79 000
Financial Costs	45 000	42 000	45 000	47 000
Financial Balance	56 000	103 000	34 000	32 000
Earnings Before Tax	55 000	103 000	34 000	31 000
Tax	0	31 000	−10 000	−10 000
Net Income	55 000	72 000	43 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 335 000	1 335 000	1 366 000	1 356 000
Total Current Assets	112 000	52 000	160 000	125 000
Total Assets	1 447 000	1 388 000	1 526 000	1 482 000
Total Retained Equity	287 000	232 000	160 000	117 000
Total Equity	387 000	332 000	260 000	217 000
Total Long-Term Debt	1 056 000	1 053 000	1 263 000	1 256 000
Total Current Debt	4 000	3 000	3 000	9 000
Total Equity and Debt	1 447 000	1 388 000	1 526 000	1 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	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	1 000	0	1 000	1 000
Operating Profit	−1 000	0	−1 000	−1 000
Financial Income	101 000	145 000	79 000	79 000
Financial Costs	45 000	42 000	45 000	47 000
Financial Balance	56 000	103 000	34 000	32 000
Dividends	0	0	0	0
Net Income	55 000	72 000	43 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	21 000
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	1 335 000	1 335 000	1 335 000	1 335 000
Total Fixed Assets	1 335 000	1 335 000	1 366 000	1 356 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	112 000	52 000	160 000	125 000
Total Current Assets	112 000	52 000	160 000	125 000
Total Assets	1 447 000	1 388 000	1 526 000	1 482 000
Total Equity	387 000	332 000	260 000	217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 056 000	1 053 000	1 263 000	1 256 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	3 000	3 000	9 000
Total Current Debt	4 000	3 000	3 000	9 000
Total Equity and Debt	1 447 000	1 388 000	1 526 000	1 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,21 %	21,69 %	16,54 %	18,89 %
Debt-to-Equity Ratio	2,73	3,17	4,86	5,79
Operating Profit Margin	-	-	-	-
Current Ratio	28	17,33	53,33	13,89
Quick Ratio	28	17,33	53,33	13,89
Equity Ratio	0,27	0,24	0,17	0,15
Gross Profit Margin	-	-	-	-