TEE AS

4484 ØYESTRANDA

Finances

Share Ownership

Return on Equity

−8,92 %

Current Ratio

2,89

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 340 000	4 609 000	1 338 000	1 898 000
Net Income	−401 000	136 000	107 000	50 000
Total Assets	11 386 000	11 937 000	12 026 000	12 495 000
Total Equity	4 493 000	4 989 000	4 853 000	4 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 340 000	4 609 000	1 338 000	1 898 000
Expenditure	2 687 000	4 320 000	1 055 000	1 649 000
Operating Profit	−346 000	289 000	283 000	249 000
Financial Income	4 000	0	5 000	3 000
Financial Costs	173 000	114 000	150 000	188 000
Financial Balance	−169 000	−114 000	−145 000	−185 000
Earnings Before Tax	−514 000	175 000	137 000	64 000
Tax	−113 000	38 000	30 000	14 000
Net Income	−401 000	136 000	107 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 683 000	6 678 000	9 221 000	8 555 000
Total Current Assets	5 704 000	5 258 000	2 805 000	3 940 000
Total Assets	11 386 000	11 937 000	12 026 000	12 495 000
Total Retained Equity	0	294 000	157 000	50 000
Total Equity	4 493 000	4 989 000	4 853 000	4 746 000
Total Long-Term Debt	4 922 000	5 243 000	5 564 000	5 885 000
Total Current Debt	1 971 000	1 704 000	1 609 000	1 864 000
Total Equity and Debt	11 386 000	11 937 000	12 026 000	12 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 903 000	4 145 000	1 338 000	1 898 000
Other Income	437 000	464 000	0	0
Revenue	2 340 000	4 609 000	1 338 000	1 898 000
Cost of Goods Sold	523 000	427 000	138 000	93 000
Salary Costs	557 000	1 020 000	327 000	906 000
Depreciation	488 000	461 000	331 000	322 000
Impairment	700 000	2 105 000	0	0
Expenditure	2 687 000	4 320 000	1 055 000	1 649 000
Operating Profit	−346 000	289 000	283 000	249 000
Financial Income	4 000	0	5 000	3 000
Financial Costs	173 000	114 000	150 000	188 000
Financial Balance	−169 000	−114 000	−145 000	−185 000
Dividends	0	0	0	0
Net Income	−401 000	136 000	107 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	873 000	1 456 000	3 206 000	3 079 000
Real Eastate	4 201 000	4 353 000	4 487 000	3 698 000
Machinery and Plant Facilities	39 000	0	17 000	46 000
Fixtures	570 000	869 000	1 511 000	1 732 000
Total Tangible Assets	4 809 000	5 222 000	6 015 000	5 475 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 683 000	6 678 000	9 221 000	8 555 000
Stock	564 000	492 000	501 000	561 000
Total Investments	0	0	0	0
Cash, Bank	217 000	47 000	5 000	282 000
Total Current Assets	5 704 000	5 258 000	2 805 000	3 940 000
Total Assets	11 386 000	11 937 000	12 026 000	12 495 000
Total Equity	4 493 000	4 989 000	4 853 000	4 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 922 000	5 243 000	5 564 000	5 885 000
Creditors	144 000	72 000	49 000	149 000
Unpaid Taxes	45 000	184 000	56 000	66 000
Dividends	0	0	0	0
Other Current Debt	1 783 000	1 298 000	1 205 000	1 649 000
Total Current Debt	1 971 000	1 704 000	1 609 000	1 864 000
Total Equity and Debt	11 386 000	11 937 000	12 026 000	12 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,92 %	2,73 %	2,2 %	1,05 %
Debt-to-Equity Ratio	1,1	1,05	1,15	1,24
Operating Profit Margin	−14,79 %	6,27 %	21,15 %	13,12 %
Current Ratio	2,89	3,09	1,74	2,11
Quick Ratio	4,05	4,34	2,53	3,02
Equity Ratio	0,39	0,42	0,4	0,38
Gross Profit Margin	77,65 %	90,74 %	89,69 %	95,1 %