TERTNESVEIEN 95 AS

5124 MORVIK

Finances

Share Ownership

Return on Equity

267 %

Current Ratio

0,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	540 000	540 000	540 000	540 000
Net Income	267 000	259 000	242 000	192 000
Total Assets	1 580 000	1 562 000	1 773 000	1 981 000
Total Equity	100 000	91 000	152 000	209 000

Income (NOK)	2022	2021	2020	2019
Revenue	540 000	540 000	540 000	540 000
Expenditure	180 000	191 000	187 000	203 000
Operating Profit	360 000	349 000	353 000	337 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	0	0	27 000	77 000
Financial Balance	1 000	1 000	−27 000	−76 000
Earnings Before Tax	361 000	350 000	327 000	261 000
Tax	94 000	90 000	84 000	69 000
Net Income	267 000	259 000	242 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 059 000	1 178 000	1 297 000	1 415 000
Total Current Assets	521 000	385 000	476 000	565 000
Total Assets	1 580 000	1 562 000	1 773 000	1 981 000
Total Retained Equity	0	−9 000	52 000	109 000
Total Equity	100 000	91 000	152 000	209 000
Total Long-Term Debt	0	0	0	1 195 000
Total Current Debt	1 480 000	1 472 000	1 621 000	577 000
Total Equity and Debt	1 580 000	1 562 000	1 773 000	1 981 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	540 000	540 000	540 000	540 000
Revenue	540 000	540 000	540 000	540 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	119 000	119 000	119 000	119 000
Impairment	0	0	0	0
Expenditure	180 000	191 000	187 000	203 000
Operating Profit	360 000	349 000	353 000	337 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	0	0	27 000	77 000
Financial Balance	1 000	1 000	−27 000	−76 000
Dividends	0	0	0	0
Net Income	267 000	259 000	242 000	192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 059 000	1 178 000	1 297 000	1 415 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 059 000	1 178 000	1 297 000	1 415 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 059 000	1 178 000	1 297 000	1 415 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	227 000	19 000	15 000
Total Current Assets	521 000	385 000	476 000	565 000
Total Assets	1 580 000	1 562 000	1 773 000	1 981 000
Total Equity	100 000	91 000	152 000	209 000
Short-Term Group Debt	568 000	411 000	390 000	329 000
Total Long-Term Debt	0	0	0	1 195 000
Creditors	0	6 000	6 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	892 000	1 055 000	1 225 000	242 000
Total Current Debt	1 480 000	1 472 000	1 621 000	577 000
Total Equity and Debt	1 580 000	1 562 000	1 773 000	1 981 000

Financial indicators	2022	2021	2020	2019
Return on Equity	267 %	284,62 %	159,21 %	91,87 %
Debt-to-Equity Ratio	0	0	0	5,72
Operating Profit Margin	66,67 %	64,63 %	65,37 %	62,41 %
Current Ratio	0,35	0,26	0,29	0,98
Quick Ratio	0,35	0,26	0,29	0,98
Equity Ratio	0,06	0,06	0,09	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %