TEIE TORG EIENDOM AS

1405 LANGHUS

Finances

Return on Equity

−11,87 %

Current Ratio

0,24

Debt-to-Equity Ratio

5,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	688 000	682 000	726 000	725 000
Net Income	−1 001 000	−822 000	−682 000	−1 288 000
Total Assets	55 595 000	54 779 000	45 602 000	44 229 000
Total Equity	8 434 000	9 435 000	4 267 000	949 000

Income (NOK)	2022	2021	2020	2019
Revenue	688 000	682 000	726 000	725 000
Expenditure	391 000	718 000	428 000	996 000
Operating Profit	297 000	−36 000	298 000	−272 000
Financial Income	19 000	6 000	3 000	6 000
Financial Costs	1 600 000	1 027 000	1 175 000	1 347 000
Financial Balance	−1 581 000	−1 021 000	−1 172 000	−1 341 000
Earnings Before Tax	−1 283 000	−1 056 000	−875 000	−1 612 000
Tax	−282 000	−234 000	−192 000	−324 000
Net Income	−1 001 000	−822 000	−682 000	−1 288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 794 000	52 070 000	44 966 000	41 086 000
Total Current Assets	802 000	2 709 000	636 000	3 143 000
Total Assets	55 595 000	54 779 000	45 602 000	44 229 000
Total Retained Equity	0	0	0	−1 087 000
Total Equity	8 434 000	9 435 000	4 267 000	949 000
Total Long-Term Debt	43 793 000	42 193 000	41 175 000	38 821 000
Total Current Debt	3 367 000	3 150 000	161 000	4 458 000
Total Equity and Debt	55 595 000	54 779 000	45 602 000	44 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	648 000	640 000	642 000	687 000
Other Income	40 000	43 000	84 000	38 000
Revenue	688 000	682 000	726 000	725 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	391 000	718 000	428 000	996 000
Operating Profit	297 000	−36 000	298 000	−272 000
Financial Income	19 000	6 000	3 000	6 000
Financial Costs	1 600 000	1 027 000	1 175 000	1 347 000
Financial Balance	−1 581 000	−1 021 000	−1 172 000	−1 341 000
Dividends	0	0	0	0
Net Income	−1 001 000	−822 000	−682 000	−1 288 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 857 000	2 574 000	2 340 000	2 147 000
Real Eastate	36 017 000	35 076 000	34 198 000	33 510 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 017 000	35 076 000	34 198 000	33 510 000
Total Fiancial Fixed Assets	15 920 000	14 420 000	8 428 000	5 428 000
Total Fixed Assets	54 794 000	52 070 000	44 966 000	41 086 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	756 000	1 141 000	540 000	62 000
Total Current Assets	802 000	2 709 000	636 000	3 143 000
Total Assets	55 595 000	54 779 000	45 602 000	44 229 000
Total Equity	8 434 000	9 435 000	4 267 000	949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 793 000	42 193 000	41 175 000	38 821 000
Creditors	274 000	51 000	82 000	0
Unpaid Taxes	12 000	20 000	0	8 000
Dividends	0	0	0	0
Other Current Debt	3 081 000	3 080 000	79 000	4 450 000
Total Current Debt	3 367 000	3 150 000	161 000	4 458 000
Total Equity and Debt	55 595 000	54 779 000	45 602 000	44 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,87 %	−8,71 %	−15,98 %	−135,72 %
Debt-to-Equity Ratio	5,19	4,47	9,65	40,91
Operating Profit Margin	43,17 %	−5,28 %	41,05 %	−37,52 %
Current Ratio	0,24	0,86	3,95	0,71
Quick Ratio	0,24	0,86	3,95	0,71
Equity Ratio	0,15	0,17	0,09	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %