TEFTE AS

4770 HØVÅG

Finances

Return on Equity

2,49 %

Current Ratio

2,5

Debt-to-Equity Ratio

7,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 538 000	10 043 000	4 233 000	4 398 000
Net Income	365 000	1 082 000	92 000	952 000
Total Assets	129 314 000	125 951 000	76 853 000	76 675 000
Total Equity	14 640 000	14 275 000	13 157 000	13 398 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 538 000	10 043 000	4 233 000	4 398 000
Expenditure	7 362 000	5 824 000	2 735 000	3 183 000
Operating Profit	5 176 000	4 219 000	1 496 000	1 214 000
Financial Income	234 000	292 000	205 000	1 154 000
Financial Costs	4 736 000	3 123 000	1 584 000	1 410 000
Financial Balance	−4 502 000	−2 831 000	−1 379 000	−256 000
Earnings Before Tax	674 000	1 387 000	117 000	958 000
Tax	309 000	305 000	26 000	6 000
Net Income	365 000	1 082 000	92 000	952 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 859 000	122 558 000	74 861 000	74 223 000
Total Current Assets	3 455 000	3 393 000	1 991 000	2 451 000
Total Assets	129 314 000	125 951 000	76 853 000	76 675 000
Total Retained Equity	14 408 000	14 044 000	13 057 000	13 298 000
Total Equity	14 640 000	14 275 000	13 157 000	13 398 000
Total Long-Term Debt	113 289 000	108 279 000	50 200 000	49 880 000
Total Current Debt	1 384 000	3 397 000	13 496 000	13 397 000
Total Equity and Debt	129 314 000	125 951 000	76 853 000	76 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 460 000	129 000	3 851 000	3 864 000
Other Income	11 078 000	9 914 000	381 000	534 000
Revenue	12 538 000	10 043 000	4 233 000	4 398 000
Cost of Goods Sold	2 757 000	990 000	725 000	1 504 000
Salary Costs	250 000	240 000	477 000	305 000
Depreciation	1 982 000	1 590 000	619 000	481 000
Impairment	0	0	0	0
Expenditure	7 362 000	5 824 000	2 735 000	3 183 000
Operating Profit	5 176 000	4 219 000	1 496 000	1 214 000
Financial Income	234 000	292 000	205 000	1 154 000
Financial Costs	4 736 000	3 123 000	1 584 000	1 410 000
Financial Balance	−4 502 000	−2 831 000	−1 379 000	−256 000
Dividends	0	0	0	0
Net Income	365 000	1 082 000	92 000	952 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	119 604 000	115 614 000	22 056 000	22 337 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 728 000	1 899 000	1 248 000	182 000
Total Tangible Assets	121 333 000	117 513 000	23 304 000	22 519 000
Total Fiancial Fixed Assets	4 527 000	5 045 000	51 557 000	51 704 000
Total Fixed Assets	125 859 000	122 558 000	74 861 000	74 223 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 665 000	1 707 000	1 531 000	1 067 000
Total Current Assets	3 455 000	3 393 000	1 991 000	2 451 000
Total Assets	129 314 000	125 951 000	76 853 000	76 675 000
Total Equity	14 640 000	14 275 000	13 157 000	13 398 000
Short-Term Group Debt	0	426 000	12 581 000	12 828 000
Total Long-Term Debt	113 289 000	108 279 000	50 200 000	49 880 000
Creditors	66 000	1 776 000	409 000	242 000
Unpaid Taxes	144 000	0	185 000	97 000
Dividends	0	0	0	0
Other Current Debt	1 174 000	995 000	223 000	143 000
Total Current Debt	1 384 000	3 397 000	13 496 000	13 397 000
Total Equity and Debt	129 314 000	125 951 000	76 853 000	76 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,49 %	7,58 %	0,7 %	7,11 %
Debt-to-Equity Ratio	7,74	7,59	3,82	3,72
Operating Profit Margin	41,28 %	42,01 %	35,34 %	27,6 %
Current Ratio	2,5	1	0,15	0,18
Quick Ratio	2,5	1	0,15	0,18
Equity Ratio	0,11	0,11	0,17	0,17
Gross Profit Margin	78,01 %	90,14 %	82,87 %	65,8 %