TERRA NOVA SCANDINAVIA AS

0579 OSLO

Finances

Share Ownership

Return on Equity

63,26 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 561 000	9 059 000	12 249 000	63 454 000
Net Income	396 000	−1 507 000	−819 000	1 692 000
Total Assets	9 025 000	6 645 000	10 003 000	14 451 000
Total Equity	626 000	230 000	1 138 000	1 957 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 561 000	9 059 000	12 249 000	63 454 000
Expenditure	59 050 000	10 993 000	13 296 000	61 284 000
Operating Profit	511 000	−1 934 000	−1 046 000	2 170 000
Financial Income	3 000	4 000	0	2 000
Financial Costs	2 000	0	4 000	0
Financial Balance	1 000	4 000	−4 000	2 000
Earnings Before Tax	512 000	−1 931 000	−1 050 000	2 171 000
Tax	116 000	−423 000	−231 000	480 000
Net Income	396 000	−1 507 000	−819 000	1 692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	315 000	431 000	8 000	13 000
Total Current Assets	8 710 000	6 214 000	9 995 000	14 438 000
Total Assets	9 025 000	6 645 000	10 003 000	14 451 000
Total Retained Equity	−174 000	−570 000	938 000	1 757 000
Total Equity	626 000	230 000	1 138 000	1 957 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 400 000	6 415 000	8 865 000	12 494 000
Total Equity and Debt	9 025 000	6 645 000	10 003 000	14 451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 506 000	7 630 000	11 603 000	63 312 000
Other Income	55 000	1 429 000	646 000	143 000
Revenue	59 561 000	9 059 000	12 249 000	63 454 000
Cost of Goods Sold	49 688 000	5 606 000	8 513 000	51 847 000
Salary Costs	5 256 000	2 585 000	2 249 000	5 503 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	59 050 000	10 993 000	13 296 000	61 284 000
Operating Profit	511 000	−1 934 000	−1 046 000	2 170 000
Financial Income	3 000	4 000	0	2 000
Financial Costs	2 000	0	4 000	0
Financial Balance	1 000	4 000	−4 000	2 000
Dividends	0	0	0	0
Net Income	396 000	−1 507 000	−819 000	1 692 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	315 000	431 000	8 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	315 000	431 000	8 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 177 000	2 674 000	504 000	2 528 000
Total Current Assets	8 710 000	6 214 000	9 995 000	14 438 000
Total Assets	9 025 000	6 645 000	10 003 000	14 451 000
Total Equity	626 000	230 000	1 138 000	1 957 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 674 000	960 000	94 000	1 064 000
Unpaid Taxes	293 000	212 000	103 000	350 000
Dividends	0	0	0	0
Other Current Debt	5 165 000	3 713 000	2 593 000	6 750 000
Total Current Debt	8 400 000	6 415 000	8 865 000	12 494 000
Total Equity and Debt	9 025 000	6 645 000	10 003 000	14 451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,26 %	−655,22 %	−71,97 %	86,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,86 %	−21,35 %	−8,54 %	3,42 %
Current Ratio	1,04	0,97	1,13	1,16
Quick Ratio	1,04	0,97	1,13	1,16
Equity Ratio	0,07	0,03	0,11	0,14
Gross Profit Margin	16,58 %	38,12 %	30,5 %	18,29 %