TERRA EIENDOMSUTVIKLING AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

5,82 %

Current Ratio

0,24

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 719 000	2 741 000	2 388 000	2 156 000
Net Income	161 000	1 231 000	908 000	652 000
Total Assets	13 492 000	13 025 000	12 191 000	13 874 000
Total Equity	2 764 000	2 603 000	1 372 000	464 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 719 000	2 741 000	2 388 000	2 156 000
Expenditure	1 157 000	1 068 000	981 000	755 000
Operating Profit	562 000	1 674 000	1 407 000	1 402 000
Financial Income	0	121 000	31 000	0
Financial Costs	321 000	229 000	304 000	464 000
Financial Balance	−321 000	−108 000	−273 000	−464 000
Earnings Before Tax	240 000	1 566 000	1 134 000	938 000
Tax	79 000	335 000	225 000	286 000
Net Income	161 000	1 231 000	908 000	652 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 682 000	11 672 000	11 527 000	13 718 000
Total Current Assets	1 810 000	1 353 000	664 000	156 000
Total Assets	13 492 000	13 025 000	12 191 000	13 874 000
Total Retained Equity	2 717 000	2 556 000	1 325 000	417 000
Total Equity	2 764 000	2 603 000	1 372 000	464 000
Total Long-Term Debt	3 048 000	3 058 000	3 067 000	3 663 000
Total Current Debt	7 680 000	7 364 000	7 752 000	9 747 000
Total Equity and Debt	13 492 000	13 025 000	12 191 000	13 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 741 000	1 945 000	2 156 000
Other Income	1 719 000	0	443 000	0
Revenue	1 719 000	2 741 000	2 388 000	2 156 000
Cost of Goods Sold	0	0	0	0
Salary Costs	345 000	363 000	341 000	79 000
Depreciation	54 000	54 000	222 000	275 000
Impairment	0	0	0	0
Expenditure	1 157 000	1 068 000	981 000	755 000
Operating Profit	562 000	1 674 000	1 407 000	1 402 000
Financial Income	0	121 000	31 000	0
Financial Costs	321 000	229 000	304 000	464 000
Financial Balance	−321 000	−108 000	−273 000	−464 000
Dividends	0	0	0	0
Net Income	161 000	1 231 000	908 000	652 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 433 000	11 369 000	11 053 000	11 053 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	249 000	303 000	357 000	653 000
Total Tangible Assets	11 682 000	11 672 000	11 410 000	11 706 000
Total Fiancial Fixed Assets	0	0	117 000	2 012 000
Total Fixed Assets	11 682 000	11 672 000	11 527 000	13 718 000
Stock	0	0	0	0
Total Investments	1 448 000	812 000	324 000	0
Cash, Bank	106 000	296 000	122 000	0
Total Current Assets	1 810 000	1 353 000	664 000	156 000
Total Assets	13 492 000	13 025 000	12 191 000	13 874 000
Total Equity	2 764 000	2 603 000	1 372 000	464 000
Short-Term Group Debt	7 369 000	6 833 000	7 402 000	4 712 000
Total Long-Term Debt	3 048 000	3 058 000	3 067 000	3 663 000
Creditors	77 000	34 000	1 000	19 000
Unpaid Taxes	106 000	118 000	121 000	187 000
Dividends	0	0	0	0
Other Current Debt	38 000	35 000	36 000	1 955 000
Total Current Debt	7 680 000	7 364 000	7 752 000	9 747 000
Total Equity and Debt	13 492 000	13 025 000	12 191 000	13 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,82 %	47,29 %	66,18 %	140,52 %
Debt-to-Equity Ratio	1,1	1,17	2,24	7,89
Operating Profit Margin	32,69 %	61,07 %	58,92 %	65,03 %
Current Ratio	0,24	0,18	0,09	0,02
Quick Ratio	0,24	0,18	0,09	0,02
Equity Ratio	0,2	0,2	0,11	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %