TESSFJELLET AS

2683 TESSANDEN

Finances

Share Ownership

Return on Equity

−19,78 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	753 000	983 000	933 000	995 000
Net Income	−182 000	−208 000	−51 000	−146 000
Total Assets	1 160 000	1 409 000	1 714 000	1 866 000
Total Equity	920 000	1 102 000	1 310 000	1 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	753 000	983 000	933 000	995 000
Expenditure	931 000	1 184 000	974 000	1 127 000
Operating Profit	−178 000	−201 000	−41 000	−131 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	6 000	10 000	13 000	17 000
Financial Balance	−4 000	−8 000	−10 000	−14 000
Earnings Before Tax	−182 000	−208 000	−52 000	−146 000
Tax	0	0	0	0
Net Income	−182 000	−208 000	−51 000	−146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	935 000	983 000	1 090 000	1 227 000
Total Current Assets	225 000	425 000	624 000	639 000
Total Assets	1 160 000	1 409 000	1 714 000	1 866 000
Total Retained Equity	−30 000	152 000	360 000	412 000
Total Equity	920 000	1 102 000	1 310 000	1 362 000
Total Long-Term Debt	98 000	175 000	248 000	318 000
Total Current Debt	143 000	132 000	155 000	187 000
Total Equity and Debt	1 160 000	1 409 000	1 714 000	1 866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	723 000	937 000	903 000	971 000
Other Income	30 000	46 000	30 000	24 000
Revenue	753 000	983 000	933 000	995 000
Cost of Goods Sold	103 000	93 000	68 000	171 000
Salary Costs	543 000	590 000	546 000	572 000
Depreciation	48 000	107 000	137 000	151 000
Impairment	0	0	0	0
Expenditure	931 000	1 184 000	974 000	1 127 000
Operating Profit	−178 000	−201 000	−41 000	−131 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	6 000	10 000	13 000	17 000
Financial Balance	−4 000	−8 000	−10 000	−14 000
Dividends	0	0	0	0
Net Income	−182 000	−208 000	−51 000	−146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	935 000	983 000	1 058 000	1 133 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	32 000	94 000
Total Tangible Assets	935 000	983 000	1 090 000	1 227 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	935 000	983 000	1 090 000	1 227 000
Stock	16 000	16 000	19 000	24 000
Total Investments	0	0	0	0
Cash, Bank	152 000	339 000	556 000	586 000
Total Current Assets	225 000	425 000	624 000	639 000
Total Assets	1 160 000	1 409 000	1 714 000	1 866 000
Total Equity	920 000	1 102 000	1 310 000	1 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	98 000	175 000	248 000	318 000
Creditors	22 000	39 000	55 000	16 000
Unpaid Taxes	48 000	17 000	46 000	114 000
Dividends	0	0	0	0
Other Current Debt	72 000	75 000	54 000	56 000
Total Current Debt	143 000	132 000	155 000	187 000
Total Equity and Debt	1 160 000	1 409 000	1 714 000	1 866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,78 %	−18,87 %	−3,89 %	−10,72 %
Debt-to-Equity Ratio	0,11	0,16	0,19	0,23
Operating Profit Margin	−23,64 %	−20,45 %	−4,39 %	−13,17 %
Current Ratio	1,57	3,22	4,03	3,42
Quick Ratio	1,77	3,66	4,59	3,92
Equity Ratio	0,79	0,78	0,76	0,73
Gross Profit Margin	86,32 %	90,54 %	92,71 %	82,81 %