TERES EIENDOM AS

5113 TERTNES

Finances

Share Ownership

Return on Equity

45,44 %

Current Ratio

0,72

Debt-to-Equity Ratio

3,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 276 000	1 451 000	1 154 000	1 028 000
Net Income	698 000	800 000	387 000	351 000
Total Assets	7 057 000	7 157 000	6 762 000	7 392 000
Total Equity	1 536 000	1 438 000	1 138 000	1 351 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 276 000	1 451 000	1 154 000	1 028 000
Expenditure	195 000	291 000	499 000	349 000
Operating Profit	1 080 000	1 161 000	655 000	680 000
Financial Income	2 000	5 000	4 000	8 000
Financial Costs	188 000	140 000	164 000	237 000
Financial Balance	−186 000	−135 000	−160 000	−229 000
Earnings Before Tax	895 000	1 026 000	496 000	450 000
Tax	197 000	226 000	109 000	99 000
Net Income	698 000	800 000	387 000	351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 628 000	6 628 000	6 667 000	6 913 000
Total Current Assets	430 000	529 000	96 000	479 000
Total Assets	7 057 000	7 157 000	6 762 000	7 392 000
Total Retained Equity	1 336 000	1 238 000	938 000	1 151 000
Total Equity	1 536 000	1 438 000	1 138 000	1 351 000
Total Long-Term Debt	4 920 000	5 221 000	5 517 000	5 847 000
Total Current Debt	601 000	498 000	108 000	194 000
Total Equity and Debt	7 057 000	7 157 000	6 762 000	7 392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 276 000	1 451 000	1 154 000	1 028 000
Revenue	1 276 000	1 451 000	1 154 000	1 028 000
Cost of Goods Sold	38 000	15 000	50 000	0
Salary Costs	0	0	0	0
Depreciation	0	2 000	167 000	170 000
Impairment	0	0	0	0
Expenditure	195 000	291 000	499 000	349 000
Operating Profit	1 080 000	1 161 000	655 000	680 000
Financial Income	2 000	5 000	4 000	8 000
Financial Costs	188 000	140 000	164 000	237 000
Financial Balance	−186 000	−135 000	−160 000	−229 000
Dividends	0	0	600 000	0
Net Income	698 000	800 000	387 000	351 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 628 000	6 628 000	6 628 000	6 792 000
Machinery and Plant Facilities	0	0	1 000	4 000
Fixtures	0	0	0	0
Total Tangible Assets	6 628 000	6 628 000	6 629 000	6 796 000
Total Fiancial Fixed Assets	0	0	37 000	117 000
Total Fixed Assets	6 628 000	6 628 000	6 667 000	6 913 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	309 000	0	86 000	306 000
Total Current Assets	430 000	529 000	96 000	479 000
Total Assets	7 057 000	7 157 000	6 762 000	7 392 000
Total Equity	1 536 000	1 438 000	1 138 000	1 351 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 920 000	5 221 000	5 517 000	5 847 000
Creditors	0	0	0	0
Unpaid Taxes	106 000	73 000	0	79 000
Dividends	0	0	600 000	0
Other Current Debt	330 000	236 000	1 000	20 000
Total Current Debt	601 000	498 000	108 000	194 000
Total Equity and Debt	7 057 000	7 157 000	6 762 000	7 392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,44 %	55,63 %	34,01 %	25,98 %
Debt-to-Equity Ratio	3,2	3,63	4,85	4,33
Operating Profit Margin	84,64 %	80,01 %	56,76 %	66,15 %
Current Ratio	0,72	1,06	0,89	2,47
Quick Ratio	0,72	1,06	0,89	2,47
Equity Ratio	0,22	0,2	0,17	0,18
Gross Profit Margin	97,02 %	98,97 %	95,67 %	100 %