TERJE HARSEM AS

1632 GAMLE FREDRIKSTAD

Finances

Return on Equity

2,99 %

Current Ratio

86,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 638 000	3 390 000	5 416 000	6 347 000
Net Income	935 000	4 015 000	5 241 000	4 286 000
Total Assets	31 780 000	34 079 000	31 544 000	30 387 000
Total Equity	31 301 000	31 566 000	30 151 000	26 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 638 000	3 390 000	5 416 000	6 347 000
Expenditure	1 829 000	2 179 000	3 011 000	4 434 000
Operating Profit	808 000	1 212 000	2 405 000	1 915 000
Financial Income	650 000	3 436 000	4 345 000	3 007 000
Financial Costs	418 000	202 000	827 000	213 000
Financial Balance	232 000	3 234 000	3 518 000	2 794 000
Earnings Before Tax	1 041 000	4 445 000	5 923 000	4 708 000
Tax	106 000	430 000	682 000	423 000
Net Income	935 000	4 015 000	5 241 000	4 286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 826 000	781 000	1 163 000	1 704 000
Total Current Assets	28 954 000	33 297 000	30 381 000	28 683 000
Total Assets	31 780 000	34 079 000	31 544 000	30 387 000
Total Retained Equity	31 271 000	31 536 000	30 121 000	25 880 000
Total Equity	31 301 000	31 566 000	30 151 000	26 968 000
Total Long-Term Debt	146 000	168 000	144 000	2 530 000
Total Current Debt	333 000	2 345 000	1 249 000	889 000
Total Equity and Debt	31 780 000	34 079 000	31 544 000	30 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 448 000	0	506 000	611 000
Other Income	190 000	3 390 000	4 910 000	5 737 000
Revenue	2 638 000	3 390 000	5 416 000	6 347 000
Cost of Goods Sold	0	0	890 000	2 043 000
Salary Costs	894 000	990 000	887 000	927 000
Depreciation	122 000	141 000	141 000	141 000
Impairment	0	0	0	0
Expenditure	1 829 000	2 179 000	3 011 000	4 434 000
Operating Profit	808 000	1 212 000	2 405 000	1 915 000
Financial Income	650 000	3 436 000	4 345 000	3 007 000
Financial Costs	418 000	202 000	827 000	213 000
Financial Balance	232 000	3 234 000	3 518 000	2 794 000
Dividends	0	2 600 000	990 000	250 000
Net Income	935 000	4 015 000	5 241 000	4 286 000

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	29 000	381 000	522 000	663 000
Total Tangible Assets	29 000	381 000	522 000	663 000
Total Fiancial Fixed Assets	2 797 000	400 000	641 000	1 041 000
Total Fixed Assets	2 826 000	781 000	1 163 000	1 704 000
Stock	0	0	0	0
Total Investments	27 986 000	30 669 000	27 993 000	26 988 000
Cash, Bank	967 000	2 259 000	1 812 000	1 546 000
Total Current Assets	28 954 000	33 297 000	30 381 000	28 683 000
Total Assets	31 780 000	34 079 000	31 544 000	30 387 000
Total Equity	31 301 000	31 566 000	30 151 000	26 968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	146 000	168 000	144 000	2 530 000
Creditors	7 000	12 000	21 000	172 000
Unpaid Taxes	105 000	74 000	142 000	91 000
Dividends	0	2 600 000	990 000	250 000
Other Current Debt	93 000	1 853 000	218 000	200 000
Total Current Debt	333 000	2 345 000	1 249 000	889 000
Total Equity and Debt	31 780 000	34 079 000	31 544 000	30 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,99 %	12,72 %	17,38 %	15,89 %
Debt-to-Equity Ratio	0	0,01	0	0,09
Operating Profit Margin	30,63 %	35,75 %	44,41 %	30,17 %
Current Ratio	86,95	14,2	24,32	32,26
Quick Ratio	86,95	14,2	24,32	32,26
Equity Ratio	0,98	0,93	0,96	0,89
Gross Profit Margin	100 %	100 %	83,57 %	67,81 %