T ERA AS

3267 LARVIK

Finances

Share Ownership

Return on Equity

8,41 %

Current Ratio

0,31

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	171 000	87 000	87 000	67 000
Net Income	84 000	23 000	24 000	−23 000
Total Assets	1 270 000	1 185 000	1 032 000	1 052 000
Total Equity	999 000	1 011 000	998 000	974 000

Income (NOK)	2022	2021	2020	2019
Revenue	171 000	87 000	87 000	67 000
Expenditure	63 000	58 000	57 000	96 000
Operating Profit	108 000	29 000	30 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	108 000	29 000	30 000	−29 000
Tax	24 000	6 000	7 000	−6 000
Net Income	84 000	23 000	24 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 190 000	1 116 000	1 020 000	1 040 000
Total Current Assets	79 000	69 000	12 000	12 000
Total Assets	1 270 000	1 185 000	1 032 000	1 052 000
Total Retained Equity	99 000	111 000	98 000	74 000
Total Equity	999 000	1 011 000	998 000	974 000
Total Long-Term Debt	14 000	18 000	14 000	7 000
Total Current Debt	257 000	157 000	21 000	71 000
Total Equity and Debt	1 270 000	1 185 000	1 032 000	1 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 000	0	0	0
Other Income	0	87 000	87 000	67 000
Revenue	171 000	87 000	87 000	67 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	15 000	20 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	63 000	58 000	57 000	96 000
Operating Profit	108 000	29 000	30 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	84 000	23 000	24 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 190 000	1 116 000	1 020 000	1 040 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 190 000	1 116 000	1 020 000	1 040 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 190 000	1 116 000	1 020 000	1 040 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	27 000	2 000	3 000
Total Current Assets	79 000	69 000	12 000	12 000
Total Assets	1 270 000	1 185 000	1 032 000	1 052 000
Total Equity	999 000	1 011 000	998 000	974 000
Short-Term Group Debt	238 000	157 000	0	16 000
Total Long-Term Debt	14 000	18 000	14 000	7 000
Creditors	0	0	0	53 000
Unpaid Taxes	15 000	0	18 000	2 000
Dividends	0	0	0	0
Other Current Debt	3 000	0	3 000	0
Total Current Debt	257 000	157 000	21 000	71 000
Total Equity and Debt	1 270 000	1 185 000	1 032 000	1 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,41 %	2,27 %	2,4 %	−2,36 %
Debt-to-Equity Ratio	0,01	0,02	0,01	0,01
Operating Profit Margin	63,16 %	33,33 %	34,48 %	−43,28 %
Current Ratio	0,31	0,44	0,57	0,17
Quick Ratio	0,31	0,44	0,57	0,17
Equity Ratio	0,79	0,85	0,97	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %