TERN HOLDING AS

0276 OSLO

Finances

Return on Equity

195,97 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 000	39 000	0	0
Net Income	535 000	100 000	−1 961 000	−104 000
Total Assets	1 322 000	628 000	137 000	2 140 000
Total Equity	273 000	−262 000	−362 000	1 599 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 000	39 000	0	0
Expenditure	50 000	69 000	1 939 000	154 000
Operating Profit	−32 000	−30 000	−1 939 000	−154 000
Financial Income	578 000	171 000	49 000	179 000
Financial Costs	11 000	41 000	71 000	129 000
Financial Balance	567 000	130 000	−22 000	50 000
Earnings Before Tax	535 000	100 000	−1 961 000	−104 000
Tax	0	0	0	0
Net Income	535 000	100 000	−1 961 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	350 000	78 000	44 000
Total Current Assets	1 219 000	278 000	59 000	2 096 000
Total Assets	1 322 000	628 000	137 000	2 140 000
Total Retained Equity	73 000	−462 000	−562 000	1 399 000
Total Equity	273 000	−262 000	−362 000	1 599 000
Total Long-Term Debt	0	624 000	384 000	402 000
Total Current Debt	1 049 000	266 000	114 000	138 000
Total Equity and Debt	1 322 000	628 000	137 000	2 140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	18 000	39 000	0	0
Revenue	18 000	39 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	6 000	15 000
Depreciation	18 000	18 000	0	0
Impairment	0	0	0	0
Expenditure	50 000	69 000	1 939 000	154 000
Operating Profit	−32 000	−30 000	−1 939 000	−154 000
Financial Income	578 000	171 000	49 000	179 000
Financial Costs	11 000	41 000	71 000	129 000
Financial Balance	567 000	130 000	−22 000	50 000
Dividends	0	0	0	0
Net Income	535 000	100 000	−1 961 000	−104 000

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	0	248 000	0	0
Total Tangible Assets	0	248 000	0	0
Total Fiancial Fixed Assets	103 000	103 000	78 000	44 000
Total Fixed Assets	103 000	350 000	78 000	44 000
Stock	0	0	0	0
Total Investments	19 000	23 000	58 000	118 000
Cash, Bank	1 000	125 000	1 000	97 000
Total Current Assets	1 219 000	278 000	59 000	2 096 000
Total Assets	1 322 000	628 000	137 000	2 140 000
Total Equity	273 000	−262 000	−362 000	1 599 000
Short-Term Group Debt	1 046 000	262 000	113 000	127 000
Total Long-Term Debt	0	624 000	384 000	402 000
Creditors	3 000	5 000	1 000	8 000
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 049 000	266 000	114 000	138 000
Total Equity and Debt	1 322 000	628 000	137 000	2 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	195,97 %	−38,17 %	541,71 %	−6,5 %
Debt-to-Equity Ratio	0	−2,38	−1,06	0,25
Operating Profit Margin	−177,78 %	−76,92 %	-	-
Current Ratio	1,16	1,05	0,52	15,19
Quick Ratio	1,16	1,05	0,52	15,19
Equity Ratio	0,21	−0,42	−2,64	0,75
Gross Profit Margin	100 %	100 %	-	-