TEEGARDEN EIENDOM AS

6509 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

39,29 %

Current Ratio

6,1

Debt-to-Equity Ratio

17,83

Key figures (NOK)	2022	2021	2020
Revenue	697 000	327 000	466 000
Net Income	55 000	35 000	285 000
Total Assets	2 696 000	2 544 000	3 055 000
Total Equity	140 000	85 000	50 000

Income (NOK)	2022	2021	2020
Revenue	697 000	327 000	466 000
Expenditure	530 000	209 000	78 000
Operating Profit	167 000	118 000	389 000
Financial Income	0	0	0
Financial Costs	96 000	74 000	25 000
Financial Balance	−96 000	−74 000	−25 000
Earnings Before Tax	71 000	44 000	364 000
Tax	16 000	10 000	79 000
Net Income	55 000	35 000	285 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 330 000	2 329 000	2 374 000
Total Current Assets	366 000	215 000	681 000
Total Assets	2 696 000	2 544 000	3 055 000
Total Retained Equity	109 000	54 000	20 000
Total Equity	140 000	85 000	50 000
Total Long-Term Debt	2 496 000	2 370 000	2 585 000
Total Current Debt	60 000	90 000	421 000
Total Equity and Debt	2 696 000	2 544 000	3 055 000

Cash flow (NOK)	2022	2021	2020
Sales Income	234 000	0	0
Other Income	463 000	327 000	466 000
Revenue	697 000	327 000	466 000
Cost of Goods Sold	217 000	0	0
Salary Costs	0	0	0
Depreciation	51 000	45 000	15 000
Impairment	0	0	0
Expenditure	530 000	209 000	78 000
Operating Profit	167 000	118 000	389 000
Financial Income	0	0	0
Financial Costs	96 000	74 000	25 000
Financial Balance	−96 000	−74 000	−25 000
Dividends	0	0	0
Net Income	55 000	35 000	285 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 284 000	2 329 000	2 374 000
Machinery and Plant Facilities	0	0	0
Fixtures	46 000	0	0
Total Tangible Assets	2 330 000	2 329 000	2 374 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 330 000	2 329 000	2 374 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	95 000	649 000
Total Current Assets	366 000	215 000	681 000
Total Assets	2 696 000	2 544 000	3 055 000
Total Equity	140 000	85 000	50 000
Short-Term Group Debt	0	0	341 000
Total Long-Term Debt	2 496 000	2 370 000	2 585 000
Creditors	11 000	0	0
Unpaid Taxes	4 000	0	0
Dividends	0	0	0
Other Current Debt	44 000	90 000	80 000
Total Current Debt	60 000	90 000	421 000
Total Equity and Debt	2 696 000	2 544 000	3 055 000

Financial indicators	2022	2021	2020
Return on Equity	39,29 %	41,18 %	570 %
Debt-to-Equity Ratio	17,83	27,88	51,7
Operating Profit Margin	23,96 %	36,09 %	83,48 %
Current Ratio	6,1	2,39	1,62
Quick Ratio	6,1	2,39	1,62
Equity Ratio	0,05	0,03	0,02
Gross Profit Margin	68,87 %	100 %	100 %