TERN AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

12,93 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 288 000	2 179 000	2 178 000	2 033 000
Net Income	1 428 000	1 360 000	1 284 000	1 151 000
Total Assets	14 780 000	13 351 000	15 118 000	14 541 000
Total Equity	11 047 000	12 659 000	11 299 000	10 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 288 000	2 179 000	2 178 000	2 033 000
Expenditure	497 000	424 000	432 000	433 000
Operating Profit	1 791 000	1 755 000	1 746 000	1 600 000
Financial Income	40 000	0	1 000	3 000
Financial Costs	0	12 000	101 000	127 000
Financial Balance	40 000	−12 000	−100 000	−124 000
Earnings Before Tax	1 831 000	1 744 000	1 647 000	1 475 000
Tax	403 000	384 000	363 000	324 000
Net Income	1 428 000	1 360 000	1 284 000	1 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 353 000	8 732 000	9 111 000	9 491 000
Total Current Assets	6 427 000	4 619 000	6 007 000	5 050 000
Total Assets	14 780 000	13 351 000	15 118 000	14 541 000
Total Retained Equity	8 647 000	10 259 000	8 899 000	7 616 000
Total Equity	11 047 000	12 659 000	11 299 000	10 016 000
Total Long-Term Debt	178 000	194 000	3 331 000	3 588 000
Total Current Debt	3 555 000	498 000	488 000	937 000
Total Equity and Debt	14 780 000	13 351 000	15 118 000	14 541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 288 000	2 179 000	2 178 000	2 033 000
Revenue	2 288 000	2 179 000	2 178 000	2 033 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	379 000	379 000	379 000	379 000
Impairment	0	0	0	0
Expenditure	497 000	424 000	432 000	433 000
Operating Profit	1 791 000	1 755 000	1 746 000	1 600 000
Financial Income	40 000	0	1 000	3 000
Financial Costs	0	12 000	101 000	127 000
Financial Balance	40 000	−12 000	−100 000	−124 000
Dividends	3 040 000	0	0	0
Net Income	1 428 000	1 360 000	1 284 000	1 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 353 000	8 732 000	9 111 000	9 491 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 353 000	8 732 000	9 111 000	9 491 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 353 000	8 732 000	9 111 000	9 491 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 387 000	4 619 000	6 007 000	5 050 000
Total Current Assets	6 427 000	4 619 000	6 007 000	5 050 000
Total Assets	14 780 000	13 351 000	15 118 000	14 541 000
Total Equity	11 047 000	12 659 000	11 299 000	10 016 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	178 000	194 000	3 331 000	3 588 000
Creditors	1 000	15 000	25 000	34 000
Unpaid Taxes	95 000	87 000	85 000	77 000
Dividends	3 040 000	0	0	0
Other Current Debt	0	0	7 000	574 000
Total Current Debt	3 555 000	498 000	488 000	937 000
Total Equity and Debt	14 780 000	13 351 000	15 118 000	14 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,93 %	10,74 %	11,36 %	11,49 %
Debt-to-Equity Ratio	0,02	0,02	0,29	0,36
Operating Profit Margin	78,28 %	80,54 %	80,17 %	78,7 %
Current Ratio	1,81	9,28	12,31	5,39
Quick Ratio	1,81	9,28	12,31	5,39
Equity Ratio	0,75	0,95	0,75	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %