TEFT UTVIKLING AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

10,99 %

Current Ratio

4,13

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 476 000	3 241 000	2 355 000	2 881 000
Net Income	1 040 000	1 648 000	1 007 000	1 501 000
Total Assets	33 346 000	33 103 000	33 732 000	15 210 000
Total Equity	9 467 000	8 427 000	7 188 000	6 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 476 000	3 241 000	2 355 000	2 881 000
Expenditure	2 168 000	1 000 000	832 000	801 000
Operating Profit	1 308 000	2 240 000	1 523 000	2 079 000
Financial Income	599 000	481 000	316 000	80 000
Financial Costs	574 000	609 000	535 000	235 000
Financial Balance	25 000	−128 000	−219 000	−155 000
Earnings Before Tax	1 334 000	2 113 000	1 303 000	1 924 000
Tax	293 000	465 000	296 000	423 000
Net Income	1 040 000	1 648 000	1 007 000	1 501 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 793 000	26 360 000	27 959 000	9 635 000
Total Current Assets	7 553 000	6 742 000	5 773 000	5 575 000
Total Assets	33 346 000	33 103 000	33 732 000	15 210 000
Total Retained Equity	8 867 000	7 827 000	6 588 000	5 761 000
Total Equity	9 467 000	8 427 000	7 188 000	6 361 000
Total Long-Term Debt	22 050 000	23 030 000	24 010 000	4 743 000
Total Current Debt	1 829 000	1 646 000	2 534 000	4 106 000
Total Equity and Debt	33 346 000	33 103 000	33 732 000	15 210 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 476 000	3 241 000	2 355 000	2 881 000
Revenue	3 476 000	3 241 000	2 355 000	2 881 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	446 000	443 000	438 000	433 000
Impairment	0	0	0	0
Expenditure	2 168 000	1 000 000	832 000	801 000
Operating Profit	1 308 000	2 240 000	1 523 000	2 079 000
Financial Income	599 000	481 000	316 000	80 000
Financial Costs	574 000	609 000	535 000	235 000
Financial Balance	25 000	−128 000	−219 000	−155 000
Dividends	0	0	0	0
Net Income	1 040 000	1 648 000	1 007 000	1 501 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 283 000	1 258 000	1 235 000	1 215 000
Real Eastate	7 739 000	8 153 000	8 513 000	8 420 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 739 000	8 153 000	8 513 000	8 420 000
Total Fiancial Fixed Assets	16 770 000	16 950 000	18 212 000	0
Total Fixed Assets	25 793 000	26 360 000	27 959 000	9 635 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	342 000	905 000	2 196 000	1 246 000
Total Current Assets	7 553 000	6 742 000	5 773 000	5 575 000
Total Assets	33 346 000	33 103 000	33 732 000	15 210 000
Total Equity	9 467 000	8 427 000	7 188 000	6 361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 050 000	23 030 000	24 010 000	4 743 000
Creditors	558 000	207 000	210 000	42 000
Unpaid Taxes	137 000	97 000	95 000	137 000
Dividends	0	0	0	0
Other Current Debt	772 000	969 000	1 964 000	3 491 000
Total Current Debt	1 829 000	1 646 000	2 534 000	4 106 000
Total Equity and Debt	33 346 000	33 103 000	33 732 000	15 210 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,99 %	19,56 %	14,01 %	23,6 %
Debt-to-Equity Ratio	2,33	2,73	3,34	0,75
Operating Profit Margin	37,63 %	69,11 %	64,67 %	72,16 %
Current Ratio	4,13	4,1	2,28	1,36
Quick Ratio	4,13	4,1	2,28	1,36
Equity Ratio	0,28	0,25	0,21	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %