TERTNES MAT AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

48,1 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 037 000	72 124 000	76 727 000	67 225 000
Net Income	2 523 000	2 983 000	4 319 000	3 451 000
Total Assets	13 274 000	13 201 000	15 236 000	13 685 000
Total Equity	5 245 000	5 222 000	5 240 000	4 921 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 037 000	72 124 000	76 727 000	67 225 000
Expenditure	65 856 000	68 338 000	71 227 000	62 853 000
Operating Profit	3 180 000	3 785 000	5 500 000	4 373 000
Financial Income	55 000	39 000	37 000	51 000
Financial Costs	1 000	1 000	0	0
Financial Balance	54 000	38 000	37 000	51 000
Earnings Before Tax	3 234 000	3 824 000	5 537 000	4 424 000
Tax	711 000	841 000	1 218 000	973 000
Net Income	2 523 000	2 983 000	4 319 000	3 451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 315 000	3 680 000	4 263 000	4 375 000
Total Current Assets	9 959 000	9 521 000	10 973 000	9 309 000
Total Assets	13 274 000	13 201 000	15 236 000	13 685 000
Total Retained Equity	4 995 000	0	4 990 000	4 671 000
Total Equity	5 245 000	5 222 000	5 240 000	4 921 000
Total Long-Term Debt	87 000	71 000	63 000	4 000
Total Current Debt	7 942 000	7 908 000	9 934 000	8 760 000
Total Equity and Debt	13 274 000	13 201 000	15 236 000	13 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 739 000	68 585 000	73 125 000	66 011 000
Other Income	3 298 000	3 539 000	3 603 000	1 214 000
Revenue	69 037 000	72 124 000	76 727 000	67 225 000
Cost of Goods Sold	54 270 000	56 969 000	59 539 000	51 504 000
Salary Costs	5 703 000	5 827 000	6 289 000	5 578 000
Depreciation	711 000	734 000	662 000	702 000
Impairment	0	0	0	590 000
Expenditure	65 856 000	68 338 000	71 227 000	62 853 000
Operating Profit	3 180 000	3 785 000	5 500 000	4 373 000
Financial Income	55 000	39 000	37 000	51 000
Financial Costs	1 000	1 000	0	0
Financial Balance	54 000	38 000	37 000	51 000
Dividends	2 500 000	3 000 000	0	4 000 000
Net Income	2 523 000	2 983 000	4 319 000	3 451 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 315 000	3 680 000	4 263 000	4 375 000
Total Tangible Assets	3 315 000	3 680 000	4 263 000	4 375 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 315 000	3 680 000	4 263 000	4 375 000
Stock	3 238 000	3 066 000	2 609 000	2 741 000
Total Investments	0	0	0	0
Cash, Bank	327 000	300 000	210 000	230 000
Total Current Assets	9 959 000	9 521 000	10 973 000	9 309 000
Total Assets	13 274 000	13 201 000	15 236 000	13 685 000
Total Equity	5 245 000	5 222 000	5 240 000	4 921 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	87 000	71 000	63 000	4 000
Creditors	2 972 000	2 329 000	2 764 000	1 984 000
Unpaid Taxes	610 000	545 000	725 000	628 000
Dividends	2 500 000	3 000 000	0	4 000 000
Other Current Debt	1 165 000	1 201 000	1 284 000	1 112 000
Total Current Debt	7 942 000	7 908 000	9 934 000	8 760 000
Total Equity and Debt	13 274 000	13 201 000	15 236 000	13 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,1 %	57,12 %	82,42 %	70,13 %
Debt-to-Equity Ratio	0,02	0,01	0,01	0
Operating Profit Margin	4,61 %	5,25 %	7,17 %	6,51 %
Current Ratio	1,25	1,2	1,1	1,06
Quick Ratio	2,12	1,97	1,5	1,55
Equity Ratio	0,4	0,4	0,34	0,36
Gross Profit Margin	21,39 %	21,01 %	22,4 %	23,39 %