TETE INVEST AS

4016 STAVANGER

Finances

Return on Equity

1,39 %

Current Ratio

48,1

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 000	420 000	4 023 000	1 019 000
Net Income	75 000	−57 000	2 892 000	295 000
Total Assets	6 288 000	6 559 000	6 375 000	2 785 000
Total Equity	5 399 000	5 344 000	5 401 000	2 509 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 000	420 000	4 023 000	1 019 000
Expenditure	94 000	407 000	228 000	315 000
Operating Profit	24 000	13 000	3 795 000	705 000
Financial Income	39 000	11 000	10 000	10 000
Financial Costs	−25 000	75 000	76 000	267 000
Financial Balance	64 000	−64 000	−66 000	−257 000
Earnings Before Tax	89 000	−52 000	3 729 000	449 000
Tax	14 000	5 000	837 000	153 000
Net Income	75 000	−57 000	2 892 000	295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 000	1 241 000	3 814 000	151 000
Total Current Assets	5 965 000	5 318 000	2 561 000	2 635 000
Total Assets	6 288 000	6 559 000	6 375 000	2 785 000
Total Retained Equity	5 299 000	5 244 000	5 301 000	2 409 000
Total Equity	5 399 000	5 344 000	5 401 000	2 509 000
Total Long-Term Debt	764 000	764 000	0	0
Total Current Debt	124 000	451 000	974 000	276 000
Total Equity and Debt	6 288 000	6 559 000	6 375 000	2 785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 000	384 000	290 000	939 000
Other Income	0	35 000	3 733 000	80 000
Revenue	118 000	420 000	4 023 000	1 019 000
Cost of Goods Sold	0	0	3 000	11 000
Salary Costs	0	5 000	23 000	24 000
Depreciation	0	0	0	1 000
Impairment	0	0	0	0
Expenditure	94 000	407 000	228 000	315 000
Operating Profit	24 000	13 000	3 795 000	705 000
Financial Income	39 000	11 000	10 000	10 000
Financial Costs	−25 000	75 000	76 000	267 000
Financial Balance	64 000	−64 000	−66 000	−257 000
Dividends	0	0	0	0
Net Income	75 000	−57 000	2 892 000	295 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	322 000	1 241 000	3 814 000	151 000
Total Fixed Assets	322 000	1 241 000	3 814 000	151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 832 000	5 020 000	2 061 000	2 128 000
Total Current Assets	5 965 000	5 318 000	2 561 000	2 635 000
Total Assets	6 288 000	6 559 000	6 375 000	2 785 000
Total Equity	5 399 000	5 344 000	5 401 000	2 509 000
Short-Term Group Debt	0	243 000	0	0
Total Long-Term Debt	764 000	764 000	0	0
Creditors	8 000	16 000	13 000	10 000
Unpaid Taxes	25 000	87 000	39 000	31 000
Dividends	0	0	0	0
Other Current Debt	77 000	97 000	85 000	82 000
Total Current Debt	124 000	451 000	974 000	276 000
Total Equity and Debt	6 288 000	6 559 000	6 375 000	2 785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,39 %	−1,07 %	53,55 %	11,76 %
Debt-to-Equity Ratio	0,14	0,14	0	0
Operating Profit Margin	20,34 %	3,1 %	94,33 %	69,19 %
Current Ratio	48,1	11,79	2,63	9,55
Quick Ratio	48,1	11,79	2,63	9,55
Equity Ratio	0,86	0,81	0,85	0,9
Gross Profit Margin	100 %	100 %	99,93 %	98,92 %