TENNESSEE AS

0178 OSLO

Finances

Return on Equity

−39,68 %

Current Ratio

2,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	870 000	1 232 000	1 531 000	555 000
Net Income	−200 000	90 000	390 000	199 000
Total Assets	681 000	922 000	926 000	403 000
Total Equity	504 000	704 000	613 000	224 000

Income (NOK)	2022	2021	2020	2019
Revenue	870 000	1 232 000	1 531 000	555 000
Expenditure	923 000	1 116 000	1 032 000	300 000
Operating Profit	−53 000	116 000	500 000	255 000
Financial Income	0	0	0	0
Financial Costs	147 000	2 000	0	0
Financial Balance	−147 000	−2 000	0	0
Earnings Before Tax	−200 000	114 000	500 000	255 000
Tax	0	24 000	110 000	56 000
Net Income	−200 000	90 000	390 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	72 000	0	0
Total Current Assets	529 000	850 000	926 000	403 000
Total Assets	681 000	922 000	926 000	403 000
Total Retained Equity	474 000	679 000	589 000	199 000
Total Equity	504 000	704 000	613 000	224 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	177 000	218 000	313 000	179 000
Total Equity and Debt	681 000	922 000	926 000	403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	845 000	1 232 000	1 531 000	555 000
Other Income	25 000	0	0	0
Revenue	870 000	1 232 000	1 531 000	555 000
Cost of Goods Sold	9 000	103 000	0	7 000
Salary Costs	791 000	989 000	986 000	277 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	923 000	1 116 000	1 032 000	300 000
Operating Profit	−53 000	116 000	500 000	255 000
Financial Income	0	0	0	0
Financial Costs	147 000	2 000	0	0
Financial Balance	−147 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	−200 000	90 000	390 000	199 000

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	152 000	72 000	0	0
Total Fixed Assets	152 000	72 000	0	0
Stock	0	0	0	0
Total Investments	−113 000	0	0	0
Cash, Bank	522 000	692 000	753 000	178 000
Total Current Assets	529 000	850 000	926 000	403 000
Total Assets	681 000	922 000	926 000	403 000
Total Equity	504 000	704 000	613 000	224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	23 000	4 000	0
Unpaid Taxes	100 000	84 000	86 000	100 000
Dividends	0	0	0	0
Other Current Debt	68 000	86 000	111 000	24 000
Total Current Debt	177 000	218 000	313 000	179 000
Total Equity and Debt	681 000	922 000	926 000	403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,68 %	12,78 %	63,62 %	88,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,09 %	9,42 %	32,66 %	45,95 %
Current Ratio	2,99	3,9	2,96	2,25
Quick Ratio	2,99	3,9	2,96	2,25
Equity Ratio	0,74	0,76	0,66	0,56
Gross Profit Margin	98,97 %	91,64 %	100 %	98,74 %