TESS ØSTFOLD EIENDOM AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

−4,64 %

Current Ratio

12,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	630 000	600 000	572 000	590 000
Net Income	−73 000	310 000	345 000	368 000
Total Assets	1 600 000	2 076 000	2 140 000	2 488 000
Total Equity	1 574 000	1 608 000	1 638 000	1 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	630 000	600 000	572 000	590 000
Expenditure	726 000	196 000	131 000	121 000
Operating Profit	−96 000	405 000	441 000	470 000
Financial Income	7 000	1 000	3 000	8 000
Financial Costs	4 000	9 000	1 000	6 000
Financial Balance	3 000	−8 000	2 000	2 000
Earnings Before Tax	−93 000	397 000	442 000	472 000
Tax	−20 000	87 000	97 000	104 000
Net Income	−73 000	310 000	345 000	368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 287 000	1 378 000	1 469 000	1 562 000
Total Current Assets	313 000	699 000	671 000	926 000
Total Assets	1 600 000	2 076 000	2 140 000	2 488 000
Total Retained Equity	1 474 000	1 508 000	1 538 000	1 564 000
Total Equity	1 574 000	1 608 000	1 638 000	1 664 000
Total Long-Term Debt	0	0	0	400 000
Total Current Debt	26 000	468 000	502 000	424 000
Total Equity and Debt	1 600 000	2 076 000	2 140 000	2 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	583 000	569 000	560 000	563 000
Other Income	48 000	31 000	12 000	27 000
Revenue	630 000	600 000	572 000	590 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	100 000	100 000	100 000	77 000
Impairment	0	0	0	0
Expenditure	726 000	196 000	131 000	121 000
Operating Profit	−96 000	405 000	441 000	470 000
Financial Income	7 000	1 000	3 000	8 000
Financial Costs	4 000	9 000	1 000	6 000
Financial Balance	3 000	−8 000	2 000	2 000
Dividends	0	0	0	300 000
Net Income	−73 000	310 000	345 000	368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	36 000	28 000	21 000
Real Eastate	1 241 000	1 341 000	1 441 000	1 541 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 241 000	1 341 000	1 441 000	1 541 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 287 000	1 378 000	1 469 000	1 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	477 000	484 000	484 000
Total Current Assets	313 000	699 000	671 000	926 000
Total Assets	1 600 000	2 076 000	2 140 000	2 488 000
Total Equity	1 574 000	1 608 000	1 638 000	1 664 000
Short-Term Group Debt	0	435 000	475 000	0
Total Long-Term Debt	0	0	0	400 000
Creditors	0	33 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	300 000
Other Current Debt	26 000	0	27 000	20 000
Total Current Debt	26 000	468 000	502 000	424 000
Total Equity and Debt	1 600 000	2 076 000	2 140 000	2 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,64 %	19,28 %	21,06 %	22,12 %
Debt-to-Equity Ratio	0	0	0	0,24
Operating Profit Margin	−15,24 %	67,5 %	77,1 %	79,66 %
Current Ratio	12,04	1,49	1,34	2,18
Quick Ratio	12,04	1,49	1,34	2,18
Equity Ratio	0,98	0,77	0,77	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %