TEO - REM AS

4077 HUNDVÅG

Finances

Return on Equity

63,26 %

Current Ratio

0,63

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 211 000	1 851 000	946 000	974 000
Net Income	823 000	895 000	475 000	528 000
Total Assets	3 245 000	3 362 000	626 000	414 000
Total Equity	1 301 000	728 000	204 000	179 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 211 000	1 851 000	946 000	974 000
Expenditure	1 103 000	934 000	493 000	273 000
Operating Profit	1 108 000	916 000	453 000	701 000
Financial Income	0	245 000	256 000	655 000
Financial Costs	51 000	82 000	135 000	672 000
Financial Balance	−51 000	163 000	121 000	−17 000
Earnings Before Tax	1 056 000	1 079 000	574 000	684 000
Tax	234 000	184 000	99 000	155 000
Net Income	823 000	895 000	475 000	528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 819 000	2 801 000	15 000	23 000
Total Current Assets	425 000	562 000	611 000	391 000
Total Assets	3 245 000	3 362 000	626 000	414 000
Total Retained Equity	1 271 000	698 000	104 000	79 000
Total Equity	1 301 000	728 000	204 000	179 000
Total Long-Term Debt	1 272 000	1 900 000	3 000	5 000
Total Current Debt	671 000	734 000	419 000	230 000
Total Equity and Debt	3 245 000	3 362 000	626 000	414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 211 000	1 851 000	946 000	974 000
Other Income	0	0	0	0
Revenue	2 211 000	1 851 000	946 000	974 000
Cost of Goods Sold	0	0	0	0
Salary Costs	822 000	834 000	454 000	190 000
Depreciation	3 000	15 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	1 103 000	934 000	493 000	273 000
Operating Profit	1 108 000	916 000	453 000	701 000
Financial Income	0	245 000	256 000	655 000
Financial Costs	51 000	82 000	135 000	672 000
Financial Balance	−51 000	163 000	121 000	−17 000
Dividends	250 000	300 000	450 000	465 000
Net Income	823 000	895 000	475 000	528 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 801 000	2 801 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	0	15 000	23 000
Total Tangible Assets	2 819 000	2 801 000	15 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 819 000	2 801 000	15 000	23 000
Stock	0	0	0	0
Total Investments	29 000	35 000	590 000	362 000
Cash, Bank	315 000	117 000	21 000	19 000
Total Current Assets	425 000	562 000	611 000	391 000
Total Assets	3 245 000	3 362 000	626 000	414 000
Total Equity	1 301 000	728 000	204 000	179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 272 000	1 900 000	3 000	5 000
Creditors	0	2 000	0	0
Unpaid Taxes	78 000	179 000	2 000	14 000
Dividends	250 000	300 000	450 000	465 000
Other Current Debt	111 000	65 000	−133 000	−403 000
Total Current Debt	671 000	734 000	419 000	230 000
Total Equity and Debt	3 245 000	3 362 000	626 000	414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,26 %	122,94 %	232,84 %	294,97 %
Debt-to-Equity Ratio	0,98	2,61	0,01	0,03
Operating Profit Margin	50,11 %	49,49 %	47,89 %	71,97 %
Current Ratio	0,63	0,77	1,46	1,7
Quick Ratio	0,63	0,77	1,46	1,7
Equity Ratio	0,4	0,22	0,33	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %