TERNHOLM AS

9180 SKJERVØY

Finances

Return on Equity

−20,67 %

Current Ratio

3,78

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 861 000	6 041 000	5 428 000	6 192 000
Net Income	−783 000	−1 043 000	−703 000	90 000
Total Assets	9 208 000	10 032 000	10 863 000	11 905 000
Total Equity	3 788 000	4 570 000	5 613 000	6 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 861 000	6 041 000	5 428 000	6 192 000
Expenditure	6 675 000	7 244 000	6 211 000	5 988 000
Operating Profit	−815 000	−1 203 000	−783 000	204 000
Financial Income	18 000	2 000	8 000	6 000
Financial Costs	206 000	134 000	124 000	91 000
Financial Balance	−188 000	−132 000	−116 000	−85 000
Earnings Before Tax	−1 003 000	−1 336 000	−899 000	118 000
Tax	−221 000	−292 000	−196 000	28 000
Net Income	−783 000	−1 043 000	−703 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 899 000	8 672 000	9 470 000	9 789 000
Total Current Assets	1 309 000	1 360 000	1 393 000	2 116 000
Total Assets	9 208 000	10 032 000	10 863 000	11 905 000
Total Retained Equity	3 538 000	4 320 000	5 363 000	6 066 000
Total Equity	3 788 000	4 570 000	5 613 000	6 316 000
Total Long-Term Debt	5 074 000	5 150 000	4 438 000	3 549 000
Total Current Debt	346 000	312 000	811 000	2 040 000
Total Equity and Debt	9 208 000	10 032 000	10 863 000	11 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 861 000	6 041 000	5 404 000	6 192 000
Other Income	0	0	24 000	0
Revenue	5 861 000	6 041 000	5 428 000	6 192 000
Cost of Goods Sold	0	62 000	67 000	71 000
Salary Costs	2 316 000	3 101 000	3 141 000	2 706 000
Depreciation	847 000	905 000	884 000	885 000
Impairment	0	0	0	0
Expenditure	6 675 000	7 244 000	6 211 000	5 988 000
Operating Profit	−815 000	−1 203 000	−783 000	204 000
Financial Income	18 000	2 000	8 000	6 000
Financial Costs	206 000	134 000	124 000	91 000
Financial Balance	−188 000	−132 000	−116 000	−85 000
Dividends	0	0	0	0
Net Income	−783 000	−1 043 000	−703 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 800 000	2 800 000	2 800 000	2 800 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 000	28 000	43 000	0
Fixtures	544 000	848 000	1 170 000	1 555 000
Total Tangible Assets	4 741 000	5 578 000	6 435 000	6 889 000
Total Fiancial Fixed Assets	358 000	294 000	235 000	100 000
Total Fixed Assets	7 899 000	8 672 000	9 470 000	9 789 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 150 000	1 298 000	1 096 000	1 269 000
Total Current Assets	1 309 000	1 360 000	1 393 000	2 116 000
Total Assets	9 208 000	10 032 000	10 863 000	11 905 000
Total Equity	3 788 000	4 570 000	5 613 000	6 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 074 000	5 150 000	4 438 000	3 549 000
Creditors	194 000	56 000	536 000	884 000
Unpaid Taxes	137 000	246 000	241 000	858 000
Dividends	0	0	0	0
Other Current Debt	15 000	10 000	34 000	57 000
Total Current Debt	346 000	312 000	811 000	2 040 000
Total Equity and Debt	9 208 000	10 032 000	10 863 000	11 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,67 %	−22,82 %	−12,52 %	1,42 %
Debt-to-Equity Ratio	1,34	1,13	0,79	0,56
Operating Profit Margin	−13,91 %	−19,91 %	−14,43 %	3,29 %
Current Ratio	3,78	4,36	1,72	1,04
Quick Ratio	3,78	4,36	1,72	1,04
Equity Ratio	0,41	0,46	0,52	0,53
Gross Profit Margin	100 %	98,97 %	98,77 %	98,85 %