TERRA ENTREPRENØR AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−16,57 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	63 403 000	59 065 000	66 979 000
Net Income	−1 458 000	−3 109 000	4 625 000
Total Assets	23 254 000	28 833 000	21 732 000
Total Equity	8 801 000	9 602 000	10 608 000

Income (NOK)	2022	2021	2020
Revenue	63 403 000	59 065 000	66 979 000
Expenditure	65 146 000	62 126 000	61 311 000
Operating Profit	−1 743 000	−3 061 000	5 669 000
Financial Income	16 000	18 000	260 000
Financial Costs	300 000	176 000	53 000
Financial Balance	−284 000	−158 000	207 000
Earnings Before Tax	−2 027 000	−3 218 000	5 876 000
Tax	−569 000	−109 000	1 251 000
Net Income	−1 458 000	−3 109 000	4 625 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 794 000	8 599 000	10 456 000
Total Current Assets	13 460 000	20 234 000	11 276 000
Total Assets	23 254 000	28 833 000	21 732 000
Total Retained Equity	−1 182 000	−381 000	625 000
Total Equity	8 801 000	9 602 000	10 608 000
Total Long-Term Debt	0	1 150 000	109 000
Total Current Debt	14 453 000	18 081 000	11 015 000
Total Equity and Debt	23 254 000	28 833 000	21 732 000

Cash flow (NOK)	2022	2021	2020
Sales Income	62 795 000	53 235 000	69 897 000
Other Income	608 000	5 829 000	−2 918 000
Revenue	63 403 000	59 065 000	66 979 000
Cost of Goods Sold	20 146 000	28 252 000	32 454 000
Salary Costs	18 789 000	14 891 000	12 171 000
Depreciation	2 453 000	2 796 000	2 834 000
Impairment	0	0	0
Expenditure	65 146 000	62 126 000	61 311 000
Operating Profit	−1 743 000	−3 061 000	5 669 000
Financial Income	16 000	18 000	260 000
Financial Costs	300 000	176 000	53 000
Financial Balance	−284 000	−158 000	207 000
Dividends	0	0	4 000 000
Net Income	−1 458 000	−3 109 000	4 625 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	388 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	3 019 000	3 619 000	0
Fixtures	497 000	2 224 000	7 864 000
Total Tangible Assets	3 516 000	5 843 000	7 864 000
Total Fiancial Fixed Assets	5 890 000	2 755 000	2 592 000
Total Fixed Assets	9 794 000	8 599 000	10 456 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	223 000	1 209 000	2 237 000
Total Current Assets	13 460 000	20 234 000	11 276 000
Total Assets	23 254 000	28 833 000	21 732 000
Total Equity	8 801 000	9 602 000	10 608 000
Short-Term Group Debt	260 000	450 000	0
Total Long-Term Debt	0	1 150 000	109 000
Creditors	4 406 000	8 049 000	2 166 000
Unpaid Taxes	1 010 000	1 492 000	1 464 000
Dividends	0	0	4 000 000
Other Current Debt	4 128 000	3 135 000	1 963 000
Total Current Debt	14 453 000	18 081 000	11 015 000
Total Equity and Debt	23 254 000	28 833 000	21 732 000

Financial indicators	2022	2021	2020
Return on Equity	−16,57 %	−32,38 %	43,6 %
Debt-to-Equity Ratio	0	0,12	0,01
Operating Profit Margin	−2,75 %	−5,18 %	8,46 %
Current Ratio	0,93	1,12	1,02
Quick Ratio	0,93	1,12	1,02
Equity Ratio	0,38	0,33	0,49
Gross Profit Margin	68,23 %	52,17 %	51,55 %