TEET 1 AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

4,55 %

Current Ratio

6,83

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 603 000	1 538 000	1 521 000	1 985 000
Net Income	470 000	99 000	235 000	563 000
Total Assets	24 529 000	25 007 000	35 167 000	28 423 000
Total Equity	10 334 000	10 176 000	10 361 000	20 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 603 000	1 538 000	1 521 000	1 985 000
Expenditure	600 000	1 136 000	1 242 000	1 172 000
Operating Profit	1 004 000	402 000	279 000	814 000
Financial Income	53 000	9 000	33 000	61 000
Financial Costs	455 000	285 000	12 000	153 000
Financial Balance	−402 000	−276 000	21 000	−92 000
Earnings Before Tax	602 000	127 000	301 000	722 000
Tax	133 000	28 000	66 000	159 000
Net Income	470 000	99 000	235 000	563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 113 000	21 577 000	22 520 000	23 464 000
Total Current Assets	3 416 000	3 430 000	12 647 000	4 958 000
Total Assets	24 529 000	25 007 000	35 167 000	28 423 000
Total Retained Equity	0	0	0	401 000
Total Equity	10 334 000	10 176 000	10 361 000	20 512 000
Total Long-Term Debt	13 695 000	13 651 000	13 703 000	6 671 000
Total Current Debt	500 000	1 180 000	11 103 000	1 240 000
Total Equity and Debt	24 529 000	25 007 000	35 167 000	28 423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 603 000	1 538 000	1 521 000	1 985 000
Other Income	0	0	0	0
Revenue	1 603 000	1 538 000	1 521 000	1 985 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	464 000	944 000	944 000	944 000
Impairment	0	0	0	0
Expenditure	600 000	1 136 000	1 242 000	1 172 000
Operating Profit	1 004 000	402 000	279 000	814 000
Financial Income	53 000	9 000	33 000	61 000
Financial Costs	455 000	285 000	12 000	153 000
Financial Balance	−402 000	−276 000	21 000	−92 000
Dividends	0	0	0	0
Net Income	470 000	99 000	235 000	563 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 113 000	21 577 000	22 520 000	23 464 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 113 000	21 577 000	22 520 000	23 464 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 113 000	21 577 000	22 520 000	23 464 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	3 416 000	3 430 000	12 647 000	4 958 000
Total Assets	24 529 000	25 007 000	35 167 000	28 423 000
Total Equity	10 334 000	10 176 000	10 361 000	20 512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 695 000	13 651 000	13 703 000	6 671 000
Creditors	5 000	43 000	26 000	10 000
Unpaid Taxes	65 000	58 000	71 000	79 000
Dividends	0	0	0	0
Other Current Debt	430 000	1 079 000	11 007 000	1 150 000
Total Current Debt	500 000	1 180 000	11 103 000	1 240 000
Total Equity and Debt	24 529 000	25 007 000	35 167 000	28 423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,55 %	0,97 %	2,27 %	2,74 %
Debt-to-Equity Ratio	1,33	1,34	1,32	0,33
Operating Profit Margin	62,63 %	26,14 %	18,34 %	41,01 %
Current Ratio	6,83	2,91	1,14	4
Quick Ratio	6,83	2,91	1,14	4
Equity Ratio	0,42	0,41	0,29	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %