TERRA RESOURCE AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

17,87 %

Current Ratio

4,14

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 424 000	14 506 000	13 313 000	13 297 000
Net Income	1 160 000	1 289 000	1 272 000	1 413 000
Total Assets	9 152 000	9 901 000	9 022 000	7 819 000
Total Equity	6 492 000	5 732 000	4 443 000	3 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 424 000	14 506 000	13 313 000	13 297 000
Expenditure	9 950 000	12 866 000	11 732 000	11 484 000
Operating Profit	1 474 000	1 641 000	1 581 000	1 814 000
Financial Income	91 000	80 000	143 000	137 000
Financial Costs	57 000	69 000	96 000	117 000
Financial Balance	34 000	11 000	47 000	20 000
Earnings Before Tax	1 509 000	1 651 000	1 628 000	1 834 000
Tax	349 000	362 000	356 000	422 000
Net Income	1 160 000	1 289 000	1 272 000	1 413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	38 000	24 000	0
Total Current Assets	9 052 000	9 863 000	8 999 000	7 819 000
Total Assets	9 152 000	9 901 000	9 022 000	7 819 000
Total Retained Equity	6 392 000	5 632 000	4 343 000	3 071 000
Total Equity	6 492 000	5 732 000	4 443 000	3 171 000
Total Long-Term Debt	477 000	776 000	1 084 000	1 375 000
Total Current Debt	2 184 000	3 393 000	3 495 000	3 273 000
Total Equity and Debt	9 152 000	9 901 000	9 022 000	7 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 424 000	14 506 000	13 313 000	13 293 000
Other Income	0	0	0	5 000
Revenue	11 424 000	14 506 000	13 313 000	13 297 000
Cost of Goods Sold	2 353 000	2 801 000	2 629 000	2 494 000
Salary Costs	5 670 000	7 834 000	7 267 000	6 960 000
Depreciation	38 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	9 950 000	12 866 000	11 732 000	11 484 000
Operating Profit	1 474 000	1 641 000	1 581 000	1 814 000
Financial Income	91 000	80 000	143 000	137 000
Financial Costs	57 000	69 000	96 000	117 000
Financial Balance	34 000	11 000	47 000	20 000
Dividends	400 000	0	0	0
Net Income	1 160 000	1 289 000	1 272 000	1 413 000

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	38 000	24 000	0
Total Tangible Assets	0	38 000	24 000	0
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	100 000	38 000	24 000	0
Stock	2 184 000	2 633 000	1 776 000	1 243 000
Total Investments	0	0	0	0
Cash, Bank	2 464 000	1 354 000	1 509 000	288 000
Total Current Assets	9 052 000	9 863 000	8 999 000	7 819 000
Total Assets	9 152 000	9 901 000	9 022 000	7 819 000
Total Equity	6 492 000	5 732 000	4 443 000	3 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	477 000	776 000	1 084 000	1 375 000
Creditors	172 000	148 000	179 000	168 000
Unpaid Taxes	1 014 000	921 000	1 063 000	1 010 000
Dividends	400 000	0	0	0
Other Current Debt	650 000	1 953 000	1 897 000	1 217 000
Total Current Debt	2 184 000	3 393 000	3 495 000	3 273 000
Total Equity and Debt	9 152 000	9 901 000	9 022 000	7 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,87 %	22,49 %	28,63 %	44,56 %
Debt-to-Equity Ratio	0,07	0,14	0,24	0,43
Operating Profit Margin	12,9 %	11,31 %	11,88 %	13,64 %
Current Ratio	4,14	2,91	2,57	2,39
Quick Ratio	-	12,98	5,24	3,85
Equity Ratio	0,71	0,58	0,49	0,41
Gross Profit Margin	79,4 %	80,69 %	80,25 %	81,24 %