TERTNES ENTREPRENØR AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

80,94 %

Current Ratio

1,22

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 395 000	47 596 000	47 873 000	55 417 000
Net Income	2 760 000	−682 000	618 000	3 493 000
Total Assets	17 908 000	11 206 000	11 203 000	15 505 000
Total Equity	3 410 000	2 803 000	3 485 000	2 867 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 395 000	47 596 000	47 873 000	55 417 000
Expenditure	56 652 000	48 483 000	47 121 000	51 001 000
Operating Profit	3 743 000	−888 000	751 000	4 416 000
Financial Income	37 000	38 000	55 000	78 000
Financial Costs	227 000	11 000	1 000	1 000
Financial Balance	−190 000	27 000	54 000	77 000
Earnings Before Tax	3 554 000	−860 000	805 000	4 493 000
Tax	794 000	−178 000	187 000	1 001 000
Net Income	2 760 000	−682 000	618 000	3 493 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 557 000	1 556 000	1 251 000	2 015 000
Total Current Assets	12 351 000	9 650 000	9 952 000	13 490 000
Total Assets	17 908 000	11 206 000	11 203 000	15 505 000
Total Retained Equity	2 083 000	1 476 000	2 158 000	1 540 000
Total Equity	3 410 000	2 803 000	3 485 000	2 867 000
Total Long-Term Debt	4 372 000	0	30 000	149 000
Total Current Debt	10 125 000	8 403 000	7 688 000	12 489 000
Total Equity and Debt	17 908 000	11 206 000	11 203 000	15 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 551 000	46 880 000	47 756 000	54 385 000
Other Income	1 844 000	716 000	117 000	1 033 000
Revenue	60 395 000	47 596 000	47 873 000	55 417 000
Cost of Goods Sold	29 473 000	20 260 000	18 167 000	21 054 000
Salary Costs	17 723 000	17 595 000	17 389 000	18 215 000
Depreciation	3 282 000	757 000	973 000	1 075 000
Impairment	0	0	0	0
Expenditure	56 652 000	48 483 000	47 121 000	51 001 000
Operating Profit	3 743 000	−888 000	751 000	4 416 000
Financial Income	37 000	38 000	55 000	78 000
Financial Costs	227 000	11 000	1 000	1 000
Financial Balance	−190 000	27 000	54 000	77 000
Dividends	0	0	0	0
Net Income	2 760 000	−682 000	618 000	3 493 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	148 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 557 000	1 409 000	1 251 000	2 015 000
Total Tangible Assets	5 557 000	1 409 000	1 251 000	2 015 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 557 000	1 556 000	1 251 000	2 015 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 976 000	2 131 000	0	0
Total Current Assets	12 351 000	9 650 000	9 952 000	13 490 000
Total Assets	17 908 000	11 206 000	11 203 000	15 505 000
Total Equity	3 410 000	2 803 000	3 485 000	2 867 000
Short-Term Group Debt	2 747 000	0	0	4 199 000
Total Long-Term Debt	4 372 000	0	30 000	149 000
Creditors	3 143 000	4 145 000	3 541 000	3 270 000
Unpaid Taxes	2 451 000	1 669 000	2 060 000	2 629 000
Dividends	0	0	0	0
Other Current Debt	1 783 000	2 590 000	1 780 000	2 391 000
Total Current Debt	10 125 000	8 403 000	7 688 000	12 489 000
Total Equity and Debt	17 908 000	11 206 000	11 203 000	15 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,94 %	−24,33 %	17,73 %	121,83 %
Debt-to-Equity Ratio	1,28	0	0,01	0,05
Operating Profit Margin	6,2 %	−1,87 %	1,57 %	7,97 %
Current Ratio	1,22	1,15	1,29	1,08
Quick Ratio	1,22	1,15	1,29	1,08
Equity Ratio	0,19	0,25	0,31	0,18
Gross Profit Margin	51,2 %	57,43 %	62,05 %	62,01 %