TEO INVEST AS

3970 LANGESUND

Finances

Return on Equity

−7,14 %

Current Ratio

4,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	175 000	0	0
Net Income	−1 702 000	27 714 000	2 618 000
Total Assets	23 981 000	27 744 000	3 080 000
Total Equity	23 842 000	27 444 000	3 080 000

Income (NOK)	2022	2021	2020
Revenue	175 000	0	0
Expenditure	1 127 000	2 000	62 000
Operating Profit	−952 000	−2 000	−62 000
Financial Income	23 000	27 716 000	2 680 000
Financial Costs	750 000	0	0
Financial Balance	−727 000	27 716 000	2 680 000
Earnings Before Tax	−1 679 000	27 714 000	2 618 000
Tax	23 000	0	0
Net Income	−1 702 000	27 714 000	2 618 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	23 293 000	23 345 000	507 000
Total Current Assets	688 000	4 399 000	2 573 000
Total Assets	23 981 000	27 744 000	3 080 000
Total Retained Equity	23 812 000	27 414 000	1 725 000
Total Equity	23 842 000	27 444 000	3 080 000
Total Long-Term Debt	0	0	0
Total Current Debt	139 000	300 000	0
Total Equity and Debt	23 981 000	27 744 000	3 080 000

Cash flow (NOK)	2022	2021	2020
Sales Income	175 000	0	0
Other Income	0	0	0
Revenue	175 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 127 000	2 000	62 000
Operating Profit	−952 000	−2 000	−62 000
Financial Income	23 000	27 716 000	2 680 000
Financial Costs	750 000	0	0
Financial Balance	−727 000	27 716 000	2 680 000
Dividends	1 900 000	2 025 000	885 000
Net Income	−1 702 000	27 714 000	2 618 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	580 000	325 000	241 000
Total Tangible Assets	580 000	325 000	241 000
Total Fiancial Fixed Assets	22 714 000	23 021 000	267 000
Total Fixed Assets	23 293 000	23 345 000	507 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	573 000	3 408 000	374 000
Total Current Assets	688 000	4 399 000	2 573 000
Total Assets	23 981 000	27 744 000	3 080 000
Total Equity	23 842 000	27 444 000	3 080 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	5 000	0	0
Unpaid Taxes	43 000	0	0
Dividends	1 900 000	2 025 000	885 000
Other Current Debt	68 000	0	0
Total Current Debt	139 000	300 000	0
Total Equity and Debt	23 981 000	27 744 000	3 080 000

Financial indicators	2022	2021	2020
Return on Equity	−7,14 %	100,98 %	85 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−544 %	-	-
Current Ratio	4,95	14,66	-
Quick Ratio	4,95	14,66	-
Equity Ratio	0,99	0,99	1
Gross Profit Margin	100 %	-	-