TERTITTEN ELEKTRO AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

−24,49 %

Current Ratio

1,9

Debt-to-Equity Ratio

4,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 031 000	37 132 000	34 174 000	28 542 000
Net Income	−229 000	401 000	941 000	812 000
Total Assets	10 041 000	10 070 000	7 658 000	4 921 000
Total Equity	935 000	1 164 000	2 139 000	1 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 031 000	37 132 000	34 174 000	28 542 000
Expenditure	35 048 000	36 416 000	32 873 000	27 588 000
Operating Profit	−17 000	716 000	1 301 000	953 000
Financial Income	0	0	0	22 000
Financial Costs	212 000	209 000	86 000	115 000
Financial Balance	−212 000	−209 000	−86 000	−93 000
Earnings Before Tax	−229 000	506 000	1 215 000	860 000
Tax	0	106 000	275 000	48 000
Net Income	−229 000	401 000	941 000	812 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 357 000	1 837 000	283 000	417 000
Total Current Assets	8 685 000	8 233 000	7 374 000	4 504 000
Total Assets	10 041 000	10 070 000	7 658 000	4 921 000
Total Retained Equity	305 000	534 000	533 000	−408 000
Total Equity	935 000	1 164 000	2 139 000	1 198 000
Total Long-Term Debt	4 532 000	5 001 000	1 722 000	1 870 000
Total Current Debt	4 574 000	3 906 000	3 797 000	1 853 000
Total Equity and Debt	10 041 000	10 070 000	7 658 000	4 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 031 000	37 132 000	34 174 000	28 542 000
Other Income	0	0	0	0
Revenue	35 031 000	37 132 000	34 174 000	28 542 000
Cost of Goods Sold	26 952 000	28 516 000	26 683 000	21 546 000
Salary Costs	5 343 000	5 429 000	4 042 000	3 721 000
Depreciation	494 000	331 000	147 000	147 000
Impairment	0	0	0	0
Expenditure	35 048 000	36 416 000	32 873 000	27 588 000
Operating Profit	−17 000	716 000	1 301 000	953 000
Financial Income	0	0	0	22 000
Financial Costs	212 000	209 000	86 000	115 000
Financial Balance	−212 000	−209 000	−86 000	−93 000
Dividends	0	400 000	0	0
Net Income	−229 000	401 000	941 000	812 000

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	3 000	7 000	10 000
Fixtures	1 357 000	1 834 000	277 000	407 000
Total Tangible Assets	1 357 000	1 837 000	283 000	417 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 357 000	1 837 000	283 000	417 000
Stock	5 020 000	5 445 000	3 740 000	2 914 000
Total Investments	0	0	0	0
Cash, Bank	2 009 000	1 571 000	2 515 000	918 000
Total Current Assets	8 685 000	8 233 000	7 374 000	4 504 000
Total Assets	10 041 000	10 070 000	7 658 000	4 921 000
Total Equity	935 000	1 164 000	2 139 000	1 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 532 000	5 001 000	1 722 000	1 870 000
Creditors	678 000	783 000	1 767 000	436 000
Unpaid Taxes	938 000	786 000	409 000	536 000
Dividends	0	400 000	0	0
Other Current Debt	2 958 000	1 831 000	1 346 000	833 000
Total Current Debt	4 574 000	3 906 000	3 797 000	1 853 000
Total Equity and Debt	10 041 000	10 070 000	7 658 000	4 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,49 %	34,45 %	43,99 %	67,78 %
Debt-to-Equity Ratio	4,85	4,3	0,81	1,56
Operating Profit Margin	−0,05 %	1,93 %	3,81 %	3,34 %
Current Ratio	1,9	2,11	1,94	2,43
Quick Ratio	−19,47	−5,35	129,37	−4,25
Equity Ratio	0,09	0,12	0,28	0,24
Gross Profit Margin	23,06 %	23,2 %	21,92 %	24,51 %