TES EIENDOM AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

7,97 %

Current Ratio

0,23

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	736 000	762 000	660 000	638 000
Net Income	399 000	382 000	289 000	374 000
Total Assets	5 717 000	5 508 000	5 102 000	4 840 000
Total Equity	5 006 000	4 916 000	4 657 000	4 367 000

Income (NOK)	2022	2021	2020	2019
Revenue	736 000	762 000	660 000	638 000
Expenditure	225 000	272 000	288 000	157 000
Operating Profit	510 000	490 000	371 000	480 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	511 000	490 000	371 000	480 000
Tax	112 000	108 000	82 000	106 000
Net Income	399 000	382 000	289 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 611 000	5 389 000	4 800 000	4 276 000
Total Current Assets	105 000	119 000	302 000	564 000
Total Assets	5 717 000	5 508 000	5 102 000	4 840 000
Total Retained Equity	3 378 000	3 288 000	3 029 000	2 740 000
Total Equity	5 006 000	4 916 000	4 657 000	4 367 000
Total Long-Term Debt	254 000	259 000	262 000	264 000
Total Current Debt	456 000	334 000	183 000	208 000
Total Equity and Debt	5 717 000	5 508 000	5 102 000	4 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	736 000	762 000	660 000	638 000
Revenue	736 000	762 000	660 000	638 000
Cost of Goods Sold	0	4 000	0	0
Salary Costs	0	0	0	0
Depreciation	86 000	86 000	86 000	86 000
Impairment	0	0	0	0
Expenditure	225 000	272 000	288 000	157 000
Operating Profit	510 000	490 000	371 000	480 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	399 000	382 000	289 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 117 000	3 203 000	3 290 000	3 376 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 117 000	3 203 000	3 290 000	3 376 000
Total Fiancial Fixed Assets	2 494 000	2 186 000	1 510 000	900 000
Total Fixed Assets	5 611 000	5 389 000	4 800 000	4 276 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	30 000	183 000	445 000
Total Current Assets	105 000	119 000	302 000	564 000
Total Assets	5 717 000	5 508 000	5 102 000	4 840 000
Total Equity	5 006 000	4 916 000	4 657 000	4 367 000
Short-Term Group Debt	395 000	158 000	0	0
Total Long-Term Debt	254 000	259 000	262 000	264 000
Creditors	0	8 000	30 000	5 000
Unpaid Taxes	31 000	37 000	14 000	41 000
Dividends	0	0	0	0
Other Current Debt	0	55 000	55 000	55 000
Total Current Debt	456 000	334 000	183 000	208 000
Total Equity and Debt	5 717 000	5 508 000	5 102 000	4 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,97 %	7,77 %	6,21 %	8,56 %
Debt-to-Equity Ratio	0,05	0,05	0,06	0,06
Operating Profit Margin	69,29 %	64,3 %	56,21 %	75,24 %
Current Ratio	0,23	0,36	1,65	2,71
Quick Ratio	0,23	0,36	1,65	2,71
Equity Ratio	0,88	0,89	0,91	0,9
Gross Profit Margin	100 %	99,48 %	100 %	100 %