TERTNES VANN & BAD AS

5115 ULSET

Finances

Share Ownership

Return on Equity

42,62 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	487 000	332 000	768 000	884 000
Net Income	52 000	−20 000	155 000	−128 000
Total Assets	174 000	135 000	175 000	122 000
Total Equity	122 000	70 000	89 000	−66 000

Income (NOK)	2022	2021	2020	2019
Revenue	487 000	332 000	768 000	884 000
Expenditure	435 000	352 000	613 000	1 012 000
Operating Profit	52 000	−20 000	155 000	−128 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	52 000	−20 000	155 000	−128 000
Tax	0	0	0	0
Net Income	52 000	−20 000	155 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	8 000	14 000	0
Total Current Assets	172 000	128 000	161 000	122 000
Total Assets	174 000	135 000	175 000	122 000
Total Retained Equity	−208 000	−260 000	−241 000	−396 000
Total Equity	122 000	70 000	89 000	−66 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	52 000	66 000	85 000	187 000
Total Equity and Debt	174 000	135 000	175 000	122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	487 000	332 000	735 000	884 000
Other Income	0	0	33 000	0
Revenue	487 000	332 000	768 000	884 000
Cost of Goods Sold	239 000	141 000	123 000	216 000
Salary Costs	55 000	79 000	313 000	541 000
Depreciation	6 000	6 000	5 000	0
Impairment	0	0	0	0
Expenditure	435 000	352 000	613 000	1 012 000
Operating Profit	52 000	−20 000	155 000	−128 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	52 000	−20 000	155 000	−128 000

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	1 000	8 000	14 000	0
Total Tangible Assets	1 000	8 000	14 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000	8 000	14 000	0
Stock	20 000	20 000	20 000	20 000
Total Investments	0	0	0	0
Cash, Bank	74 000	44 000	28 000	25 000
Total Current Assets	172 000	128 000	161 000	122 000
Total Assets	174 000	135 000	175 000	122 000
Total Equity	122 000	70 000	89 000	−66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	41 000	6 000	74 000
Unpaid Taxes	35 000	18 000	9 000	39 000
Dividends	0	0	0	0
Other Current Debt	4 000	7 000	70 000	75 000
Total Current Debt	52 000	66 000	85 000	187 000
Total Equity and Debt	174 000	135 000	175 000	122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,62 %	−28,57 %	174,16 %	193,94 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	10,68 %	−6,02 %	20,18 %	−14,48 %
Current Ratio	3,31	1,94	1,89	0,65
Quick Ratio	5,38	2,78	2,48	0,73
Equity Ratio	0,7	0,52	0,51	−0,54
Gross Profit Margin	50,92 %	57,53 %	83,98 %	75,57 %