TERRA INVEST AS

4636 KRISTIANSAND S

Finances

Return on Equity

26,63 %

Current Ratio

−11,09

Debt-to-Equity Ratio

29,88

Key figures (NOK)	2022	2021	2020
Revenue	802 000	829 000	614 000
Net Income	172 000	208 000	79 000
Total Assets	19 917 000	14 732 000	10 476 000
Total Equity	646 000	427 000	220 000

Income (NOK)	2022	2021	2020
Revenue	802 000	829 000	614 000
Expenditure	322 000	293 000	446 000
Operating Profit	480 000	536 000	168 000
Financial Income	0	0	0
Financial Costs	259 000	270 000	104 000
Financial Balance	−259 000	−270 000	−104 000
Earnings Before Tax	220 000	266 000	64 000
Tax	48 000	59 000	−14 000
Net Income	172 000	208 000	79 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	19 562 000	14 184 000	9 903 000
Total Current Assets	355 000	548 000	572 000
Total Assets	19 917 000	14 732 000	10 476 000
Total Retained Equity	352 000	180 000	−28 000
Total Equity	646 000	427 000	220 000
Total Long-Term Debt	19 302 000	14 212 000	10 218 000
Total Current Debt	−32 000	93 000	38 000
Total Equity and Debt	19 917 000	14 732 000	10 476 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	802 000	829 000	614 000
Revenue	802 000	829 000	614 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	90 000	104 000	85 000
Impairment	0	0	0
Expenditure	322 000	293 000	446 000
Operating Profit	480 000	536 000	168 000
Financial Income	0	0	0
Financial Costs	259 000	270 000	104 000
Financial Balance	−259 000	−270 000	−104 000
Dividends	0	0	0
Net Income	172 000	208 000	79 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	−13 000	0	24 000
Real Eastate	13 907 000	9 776 000	9 880 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	13 907 000	9 776 000	9 880 000
Total Fiancial Fixed Assets	5 668 000	4 408 000	0
Total Fixed Assets	19 562 000	14 184 000	9 903 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	248 000	327 000	567 000
Total Current Assets	355 000	548 000	572 000
Total Assets	19 917 000	14 732 000	10 476 000
Total Equity	646 000	427 000	220 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	19 302 000	14 212 000	10 218 000
Creditors	6 000	1 000	24 000
Unpaid Taxes	15 000	19 000	14 000
Dividends	0	0	0
Other Current Debt	−53 000	62 000	0
Total Current Debt	−32 000	93 000	38 000
Total Equity and Debt	19 917 000	14 732 000	10 476 000

Financial indicators	2022	2021	2020
Return on Equity	26,63 %	48,71 %	35,91 %
Debt-to-Equity Ratio	29,88	33,28	46,45
Operating Profit Margin	59,85 %	64,66 %	27,36 %
Current Ratio	−11,09	5,89	15,05
Quick Ratio	−11,09	5,89	15,05
Equity Ratio	0,03	0,03	0,02
Gross Profit Margin	100 %	100 %	100 %