TE ENGINEERING AS

4631 KRISTIANSAND S

Finances

Return on Equity

−52,24 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	−58 000	5 774 000	1 179 000	1 402 000
Net Income	−4 121 000	2 854 000	403 000	418 000
Total Assets	14 208 000	13 911 000	17 919 000	16 345 000
Total Equity	7 889 000	12 010 000	9 156 000	8 753 000

Income (NOK)	2022	2021	2020	2019
Revenue	−58 000	5 774 000	1 179 000	1 402 000
Expenditure	86 000	486 000	521 000	669 000
Operating Profit	−144 000	5 288 000	657 000	733 000
Financial Income	424 000	239 000	89 000	95 000
Financial Costs	4 431 000	1 531 000	230 000	283 000
Financial Balance	−4 007 000	−1 292 000	−141 000	−188 000
Earnings Before Tax	−4 151 000	3 996 000	517 000	545 000
Tax	−29 000	1 142 000	114 000	127 000
Net Income	−4 121 000	2 854 000	403 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 011 000	7 615 000	11 449 000	11 161 000
Total Current Assets	7 196 000	6 296 000	6 470 000	5 183 000
Total Assets	14 208 000	13 911 000	17 919 000	16 345 000
Total Retained Equity	7 789 000	11 910 000	9 056 000	8 653 000
Total Equity	7 889 000	12 010 000	9 156 000	8 753 000
Total Long-Term Debt	833 000	1 046 000	7 296 000	7 355 000
Total Current Debt	5 485 000	855 000	1 467 000	237 000
Total Equity and Debt	14 208 000	13 911 000	17 919 000	16 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	17 000	0	0
Other Income	−58 000	5 757 000	1 179 000	1 402 000
Revenue	−58 000	5 774 000	1 179 000	1 402 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−18 000	0
Depreciation	0	239 000	344 000	289 000
Impairment	0	0	0	0
Expenditure	86 000	486 000	521 000	669 000
Operating Profit	−144 000	5 288 000	657 000	733 000
Financial Income	424 000	239 000	89 000	95 000
Financial Costs	4 431 000	1 531 000	230 000	283 000
Financial Balance	−4 007 000	−1 292 000	−141 000	−188 000
Dividends	0	0	0	0
Net Income	−4 121 000	2 854 000	403 000	418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 130 000	630 000	9 590 000	9 844 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	244 000	177 000
Total Tangible Assets	2 130 000	630 000	9 834 000	10 021 000
Total Fiancial Fixed Assets	4 881 000	6 985 000	1 615 000	1 140 000
Total Fixed Assets	7 011 000	7 615 000	11 449 000	11 161 000
Stock	0	0	0	0
Total Investments	3 267 000	6 224 000	4 917 000	2 837 000
Cash, Bank	452 000	56 000	1 010 000	1 797 000
Total Current Assets	7 196 000	6 296 000	6 470 000	5 183 000
Total Assets	14 208 000	13 911 000	17 919 000	16 345 000
Total Equity	7 889 000	12 010 000	9 156 000	8 753 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	833 000	1 046 000	7 296 000	7 355 000
Creditors	45 000	0	218 000	85 000
Unpaid Taxes	0	14 000	2 000	38 000
Dividends	0	0	0	0
Other Current Debt	5 257 000	450 000	1 154 000	18 000
Total Current Debt	5 485 000	855 000	1 467 000	237 000
Total Equity and Debt	14 208 000	13 911 000	17 919 000	16 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,24 %	23,76 %	4,4 %	4,78 %
Debt-to-Equity Ratio	0,11	0,09	0,8	0,84
Operating Profit Margin	248,28 %	91,58 %	55,73 %	52,28 %
Current Ratio	1,31	7,36	4,41	21,87
Quick Ratio	1,31	7,36	4,41	21,87
Equity Ratio	0,56	0,86	0,51	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %