TESSAND EIENDOM AS

2680 VÅGÅ

Finances

Share Ownership

Return on Equity

−14,86 %

Current Ratio

0,81

Debt-to-Equity Ratio

4,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	347 000	360 000	530 000	630 000
Net Income	−119 000	−134 000	−3 000	19 000
Total Assets	4 694 000	4 900 000	5 236 000	5 639 000
Total Equity	801 000	919 000	1 053 000	1 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	347 000	360 000	530 000	630 000
Expenditure	357 000	395 000	395 000	428 000
Operating Profit	−10 000	−35 000	135 000	202 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	145 000	140 000	142 000	181 000
Financial Balance	−142 000	−137 000	−139 000	−177 000
Earnings Before Tax	−152 000	−172 000	−4 000	25 000
Tax	−33 000	−38 000	−1 000	5 000
Net Income	−119 000	−134 000	−3 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 569 000	4 767 000	4 966 000	5 164 000
Total Current Assets	125 000	133 000	271 000	475 000
Total Assets	4 694 000	4 900 000	5 236 000	5 639 000
Total Retained Equity	155 000	273 000	407 000	410 000
Total Equity	801 000	919 000	1 053 000	1 056 000
Total Long-Term Debt	3 738 000	3 827 000	4 167 000	4 549 000
Total Current Debt	155 000	154 000	16 000	33 000
Total Equity and Debt	4 694 000	4 900 000	5 236 000	5 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	347 000	360 000	530 000	630 000
Revenue	347 000	360 000	530 000	630 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	8 000	9 000
Depreciation	198 000	198 000	198 000	198 000
Impairment	0	0	0	0
Expenditure	357 000	395 000	395 000	428 000
Operating Profit	−10 000	−35 000	135 000	202 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	145 000	140 000	142 000	181 000
Financial Balance	−142 000	−137 000	−139 000	−177 000
Dividends	0	0	0	0
Net Income	−119 000	−134 000	−3 000	19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 569 000	4 767 000	4 966 000	5 164 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 569 000	4 767 000	4 966 000	5 164 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 569 000	4 767 000	4 966 000	5 164 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	10 000	98 000	295 000
Total Current Assets	125 000	133 000	271 000	475 000
Total Assets	4 694 000	4 900 000	5 236 000	5 639 000
Total Equity	801 000	919 000	1 053 000	1 056 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 738 000	3 827 000	4 167 000	4 549 000
Creditors	9 000	10 000	9 000	20 000
Unpaid Taxes	5 000	4 000	18 000	16 000
Dividends	0	0	0	0
Other Current Debt	140 000	140 000	−11 000	−3 000
Total Current Debt	155 000	154 000	16 000	33 000
Total Equity and Debt	4 694 000	4 900 000	5 236 000	5 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,86 %	−14,58 %	−0,28 %	1,8 %
Debt-to-Equity Ratio	4,67	4,16	3,96	4,31
Operating Profit Margin	−2,88 %	−9,72 %	25,47 %	32,06 %
Current Ratio	0,81	0,86	16,94	14,39
Quick Ratio	0,81	0,86	16,94	14,39
Equity Ratio	0,17	0,19	0,2	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %