TES INVEST AS

4009 STAVANGER

Finances

Return on Equity

−6,56 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 408 000	161 608 000	151 180 000	135 954 000
Net Income	−3 415 000	2 877 000	16 615 000	8 894 000
Total Assets	94 600 000	87 311 000	94 743 000	74 938 000
Total Equity	52 065 000	58 362 000	58 950 000	44 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 408 000	161 608 000	151 180 000	135 954 000
Expenditure	169 348 000	160 691 000	148 925 000	135 440 000
Operating Profit	−4 940 000	917 000	2 256 000	515 000
Financial Income	805 000	2 301 000	15 092 000	8 621 000
Financial Costs	331 000	139 000	142 000	81 000
Financial Balance	474 000	2 162 000	14 950 000	8 540 000
Earnings Before Tax	−4 466 000	3 079 000	17 206 000	9 055 000
Tax	−1 051 000	202 000	591 000	161 000
Net Income	−3 415 000	2 877 000	16 615 000	8 894 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 386 000	9 493 000	6 373 000	7 907 000
Total Current Assets	77 214 000	77 818 000	88 370 000	67 030 000
Total Assets	94 600 000	87 311 000	94 743 000	74 938 000
Total Retained Equity	19 630 000	20 461 000	21 077 000	39 895 000
Total Equity	52 065 000	58 362 000	58 950 000	44 415 000
Total Long-Term Debt	7 204 000	1 968 000	1 768 000	1 177 000
Total Current Debt	35 331 000	26 982 000	34 025 000	29 346 000
Total Equity and Debt	94 600 000	87 311 000	94 743 000	74 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 493 000	159 324 000	149 737 000	134 993 000
Other Income	3 916 000	2 283 000	1 443 000	960 000
Revenue	164 408 000	161 608 000	151 180 000	135 954 000
Cost of Goods Sold	102 872 000	103 188 000	98 667 000	82 848 000
Salary Costs	48 863 000	44 143 000	38 109 000	41 926 000
Depreciation	1 288 000	665 000	577 000	589 000
Impairment	0	0	0	0
Expenditure	169 348 000	160 691 000	148 925 000	135 440 000
Operating Profit	−4 940 000	917 000	2 256 000	515 000
Financial Income	805 000	2 301 000	15 092 000	8 621 000
Financial Costs	331 000	139 000	142 000	81 000
Financial Balance	474 000	2 162 000	14 950 000	8 540 000
Dividends	0	0	0	0
Net Income	−3 415 000	2 877 000	16 615 000	8 894 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	188 000	464 000	740 000
Real Eastate	5 591 000	5 453 000	2 196 000	2 345 000
Machinery and Plant Facilities	0	0	0	8 000
Fixtures	9 661 000	415 000	351 000	351 000
Total Tangible Assets	15 252 000	5 868 000	2 548 000	2 705 000
Total Fiancial Fixed Assets	2 134 000	3 437 000	3 361 000	4 463 000
Total Fixed Assets	17 386 000	9 493 000	6 373 000	7 907 000
Stock	19 188 000	19 162 000	19 277 000	19 336 000
Total Investments	2 099 000	2 291 000	1 406 000	1 244 000
Cash, Bank	26 380 000	32 429 000	25 147 000	13 297 000
Total Current Assets	77 214 000	77 818 000	88 370 000	67 030 000
Total Assets	94 600 000	87 311 000	94 743 000	74 938 000
Total Equity	52 065 000	58 362 000	58 950 000	44 415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 204 000	1 968 000	1 768 000	1 177 000
Creditors	20 754 000	10 930 000	16 711 000	16 058 000
Unpaid Taxes	6 232 000	6 551 000	5 049 000	5 311 000
Dividends	0	0	0	0
Other Current Debt	6 061 000	6 929 000	10 185 000	6 273 000
Total Current Debt	35 331 000	26 982 000	34 025 000	29 346 000
Total Equity and Debt	94 600 000	87 311 000	94 743 000	74 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,56 %	4,93 %	28,18 %	20,02 %
Debt-to-Equity Ratio	0,14	0,03	0,03	0,03
Operating Profit Margin	−3 %	0,57 %	1,49 %	0,38 %
Current Ratio	2,19	2,88	2,6	2,28
Quick Ratio	4,78	9,95	5,99	6,7
Equity Ratio	0,55	0,67	0,62	0,59
Gross Profit Margin	37,43 %	36,15 %	34,74 %	39,06 %