TERTNES HOLDING AS

5105 EIDSVÅG I ÅSANE

Finances

Return on Equity

11,39 %

Current Ratio

121

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 497 000	4 364 000	5 005 000	5 658 000
Net Income	68 210 000	504 911 000	96 173 000	136 612 000
Total Assets	661 841 000	718 073 000	418 664 000	342 177 000
Total Equity	598 708 000	630 498 000	225 587 000	183 901 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 497 000	4 364 000	5 005 000	5 658 000
Expenditure	20 348 000	36 074 000	11 023 000	11 190 000
Operating Profit	−14 851 000	−31 711 000	−6 019 000	−5 533 000
Financial Income	27 976 000	634 532 000	137 182 000	185 847 000
Financial Costs	−55 085 000	97 910 000	34 990 000	43 702 000
Financial Balance	83 061 000	536 622 000	102 192 000	142 145 000
Earnings Before Tax	68 210 000	504 911 000	96 173 000	136 612 000
Tax	0	0	0	0
Net Income	68 210 000	504 911 000	96 173 000	136 612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	282 743 000	108 057 000	218 397 000	283 184 000
Total Current Assets	379 098 000	610 016 000	200 267 000	58 993 000
Total Assets	661 841 000	718 073 000	418 664 000	342 177 000
Total Retained Equity	521 813 000	553 602 000	148 691 000	107 006 000
Total Equity	598 708 000	630 498 000	225 587 000	183 901 000
Total Long-Term Debt	60 000 000	75 000 000	81 185 000	87 633 000
Total Current Debt	3 133 000	12 575 000	111 892 000	70 643 000
Total Equity and Debt	661 841 000	718 073 000	418 664 000	342 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 087 000	4 364 000	5 005 000	5 658 000
Other Income	410 000	0	0	0
Revenue	5 497 000	4 364 000	5 005 000	5 658 000
Cost of Goods Sold	801 000	648 000	735 000	1 164 000
Salary Costs	10 944 000	30 020 000	8 187 000	7 279 000
Depreciation	341 000	370 000	337 000	323 000
Impairment	0	0	0	0
Expenditure	20 348 000	36 074 000	11 023 000	11 190 000
Operating Profit	−14 851 000	−31 711 000	−6 019 000	−5 533 000
Financial Income	27 976 000	634 532 000	137 182 000	185 847 000
Financial Costs	−55 085 000	97 910 000	34 990 000	43 702 000
Financial Balance	83 061 000	536 622 000	102 192 000	142 145 000
Dividends	100 000 000	100 000 000	54 488 000	0
Net Income	68 210 000	504 911 000	96 173 000	136 612 000

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	1 328 000	506 000	783 000	1 141 000
Total Tangible Assets	1 328 000	506 000	783 000	1 141 000
Total Fiancial Fixed Assets	281 415 000	107 551 000	217 614 000	282 042 000
Total Fixed Assets	282 743 000	108 057 000	218 397 000	283 184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	281 713 000	568 922 000	346 000	341 000
Total Current Assets	379 098 000	610 016 000	200 267 000	58 993 000
Total Assets	661 841 000	718 073 000	418 664 000	342 177 000
Total Equity	598 708 000	630 498 000	225 587 000	183 901 000
Short-Term Group Debt	0	0	0	1 879 000
Total Long-Term Debt	60 000 000	75 000 000	81 185 000	87 633 000
Creditors	281 000	165 000	792 000	1 449 000
Unpaid Taxes	635 000	10 611 000	622 000	625 000
Dividends	100 000 000	100 000 000	54 488 000	0
Other Current Debt	2 217 000	1 798 000	835 000	761 000
Total Current Debt	3 133 000	12 575 000	111 892 000	70 643 000
Total Equity and Debt	661 841 000	718 073 000	418 664 000	342 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,39 %	80,08 %	42,63 %	74,29 %
Debt-to-Equity Ratio	0,1	0,12	0,36	0,48
Operating Profit Margin	−270,17 %	−726,65 %	−120,26 %	−97,79 %
Current Ratio	121	48,51	1,79	0,84
Quick Ratio	121	48,51	1,79	0,84
Equity Ratio	0,9	0,88	0,54	0,54
Gross Profit Margin	85,43 %	85,15 %	85,31 %	79,43 %