TE SALG AS

1626 MANSTAD

Finances

Share Ownership

Return on Equity

16,36 %

Current Ratio

8,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 357 000	1 453 000	1 243 000	991 000
Net Income	363 000	576 000	499 000	315 000
Total Assets	2 399 000	2 079 000	1 682 000	1 313 000
Total Equity	2 219 000	1 856 000	1 481 000	1 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 357 000	1 453 000	1 243 000	991 000
Expenditure	924 000	694 000	593 000	582 000
Operating Profit	434 000	759 000	650 000	409 000
Financial Income	43 000	2 000	6 000	2 000
Financial Costs	12 000	14 000	9 000	7 000
Financial Balance	31 000	−12 000	−3 000	−5 000
Earnings Before Tax	465 000	746 000	646 000	404 000
Tax	102 000	170 000	147 000	89 000
Net Income	363 000	576 000	499 000	315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	958 000	957 000	501 000	557 000
Total Current Assets	1 441 000	1 122 000	1 181 000	756 000
Total Assets	2 399 000	2 079 000	1 682 000	1 313 000
Total Retained Equity	2 118 000	1 755 000	1 380 000	1 081 000
Total Equity	2 219 000	1 856 000	1 481 000	1 182 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	180 000	223 000	202 000	129 000
Total Equity and Debt	2 399 000	2 079 000	1 682 000	1 313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 219 000	1 394 000	1 130 000	871 000
Other Income	139 000	59 000	113 000	120 000
Revenue	1 357 000	1 453 000	1 243 000	991 000
Cost of Goods Sold	372 000	273 000	177 000	164 000
Salary Costs	379 000	216 000	214 000	196 000
Depreciation	6 000	50 000	56 000	48 000
Impairment	0	0	0	0
Expenditure	924 000	694 000	593 000	582 000
Operating Profit	434 000	759 000	650 000	409 000
Financial Income	43 000	2 000	6 000	2 000
Financial Costs	12 000	14 000	9 000	7 000
Financial Balance	31 000	−12 000	−3 000	−5 000
Dividends	0	200 000	0	0
Net Income	363 000	576 000	499 000	315 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 000	36 000	42 000	53 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	45 000	89 000
Total Tangible Assets	31 000	36 000	87 000	143 000
Total Fiancial Fixed Assets	928 000	921 000	414 000	414 000
Total Fixed Assets	958 000	957 000	501 000	557 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 291 000	979 000	1 033 000	659 000
Total Current Assets	1 441 000	1 122 000	1 181 000	756 000
Total Assets	2 399 000	2 079 000	1 682 000	1 313 000
Total Equity	2 219 000	1 856 000	1 481 000	1 182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	2 000	16 000	11 000	3 000
Unpaid Taxes	34 000	12 000	18 000	11 000
Dividends	0	200 000	0	0
Other Current Debt	42 000	24 000	24 000	21 000
Total Current Debt	180 000	223 000	202 000	129 000
Total Equity and Debt	2 399 000	2 079 000	1 682 000	1 313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,36 %	31,03 %	33,69 %	26,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,98 %	52,24 %	52,29 %	41,27 %
Current Ratio	8,01	5,03	5,85	5,86
Quick Ratio	8,01	5,03	5,85	5,86
Equity Ratio	0,92	0,89	0,88	0,9
Gross Profit Margin	72,59 %	81,21 %	85,76 %	83,45 %