T2 INVEST AS

4315 SANDNES

Finances

Share Ownership

Return on Equity

19,55 %

Current Ratio

0,61

Debt-to-Equity Ratio

3,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 038 000	1 053 000	917 000	921 000
Net Income	611 000	101 000	121 000	−42 000
Total Assets	13 373 000	12 951 000	13 147 000	13 280 000
Total Equity	3 126 000	2 515 000	2 414 000	2 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 038 000	1 053 000	917 000	921 000
Expenditure	802 000	644 000	460 000	584 000
Operating Profit	1 236 000	409 000	455 000	336 000
Financial Income	4 000	0	4 000	0
Financial Costs	457 000	280 000	304 000	389 000
Financial Balance	−453 000	−280 000	−300 000	−389 000
Earnings Before Tax	783 000	129 000	155 000	−53 000
Tax	172 000	28 000	34 000	−12 000
Net Income	611 000	101 000	121 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 956 000	12 586 000	12 735 000	12 896 000
Total Current Assets	417 000	366 000	412 000	384 000
Total Assets	13 373 000	12 951 000	13 147 000	13 280 000
Total Retained Equity	2 921 000	2 311 000	2 210 000	2 089 000
Total Equity	3 126 000	2 515 000	2 414 000	2 293 000
Total Long-Term Debt	9 563 000	10 175 000	9 917 000	10 089 000
Total Current Debt	685 000	261 000	816 000	898 000
Total Equity and Debt	13 373 000	12 951 000	13 147 000	13 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 038 000	1 053 000	917 000	921 000
Other Income	0	0	0	0
Revenue	2 038 000	1 053 000	917 000	921 000
Cost of Goods Sold	0	0	222 000	295 000
Salary Costs	0	0	0	0
Depreciation	229 000	220 000	182 000	182 000
Impairment	0	0	0	0
Expenditure	802 000	644 000	460 000	584 000
Operating Profit	1 236 000	409 000	455 000	336 000
Financial Income	4 000	0	4 000	0
Financial Costs	457 000	280 000	304 000	389 000
Financial Balance	−453 000	−280 000	−300 000	−389 000
Dividends	0	0	0	0
Net Income	611 000	101 000	121 000	−42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 595 000	12 518 000	12 735 000	12 896 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	68 000	0	0
Total Tangible Assets	12 656 000	12 586 000	12 735 000	12 896 000
Total Fiancial Fixed Assets	300 000	0	0	0
Total Fixed Assets	12 956 000	12 586 000	12 735 000	12 896 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	417 000	195 000	408 000	289 000
Total Current Assets	417 000	366 000	412 000	384 000
Total Assets	13 373 000	12 951 000	13 147 000	13 280 000
Total Equity	3 126 000	2 515 000	2 414 000	2 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 563 000	10 175 000	9 917 000	10 089 000
Creditors	55 000	52 000	28 000	67 000
Unpaid Taxes	84 000	58 000	45 000	32 000
Dividends	0	0	0	0
Other Current Debt	442 000	151 000	743 000	799 000
Total Current Debt	685 000	261 000	816 000	898 000
Total Equity and Debt	13 373 000	12 951 000	13 147 000	13 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,55 %	4,02 %	5,01 %	−1,83 %
Debt-to-Equity Ratio	3,06	4,05	4,11	4,4
Operating Profit Margin	60,65 %	38,84 %	49,62 %	36,48 %
Current Ratio	0,61	1,4	0,5	0,43
Quick Ratio	0,61	1,4	0,5	0,43
Equity Ratio	0,23	0,19	0,18	0,17
Gross Profit Margin	100 %	100 %	75,79 %	67,97 %