TEIGE REDERI AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−10,82 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 330 000	62 765 000	72 481 000	89 389 000
Net Income	−3 712 000	−667 000	11 004 000	20 175 000
Total Assets	460 632 000	315 739 000	358 132 000	237 584 000
Total Equity	34 309 000	36 694 000	113 959 000	102 955 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 330 000	62 765 000	72 481 000	89 389 000
Expenditure	51 008 000	50 477 000	52 260 000	47 478 000
Operating Profit	8 321 000	12 289 000	20 221 000	41 911 000
Financial Income	130 000	−2 639 000	2 717 000	128 000
Financial Costs	13 239 000	10 500 000	8 821 000	3 475 000
Financial Balance	−13 109 000	−13 139 000	−6 104 000	−3 347 000
Earnings Before Tax	−4 788 000	−851 000	14 117 000	38 563 000
Tax	−1 076 000	−184 000	3 113 000	18 388 000
Net Income	−3 712 000	−667 000	11 004 000	20 175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	431 869 000	279 764 000	327 904 000	205 359 000
Total Current Assets	28 763 000	35 975 000	30 228 000	32 224 000
Total Assets	460 632 000	315 739 000	358 132 000	237 584 000
Total Retained Equity	21 910 000	25 621 000	102 886 000	91 883 000
Total Equity	34 309 000	36 694 000	113 959 000	102 955 000
Total Long-Term Debt	411 660 000	185 946 000	207 478 000	103 309 000
Total Current Debt	14 663 000	93 099 000	36 695 000	31 320 000
Total Equity and Debt	460 632 000	315 739 000	358 132 000	237 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 330 000	62 765 000	72 481 000	57 919 000
Other Income	0	0	0	31 470 000
Revenue	59 330 000	62 765 000	72 481 000	89 389 000
Cost of Goods Sold	2 985 000	3 109 000	3 251 000	2 748 000
Salary Costs	13 743 000	16 957 000	16 889 000	13 488 000
Depreciation	9 163 000	7 822 000	8 326 000	12 914 000
Impairment	0	0	0	0
Expenditure	51 008 000	50 477 000	52 260 000	47 478 000
Operating Profit	8 321 000	12 289 000	20 221 000	41 911 000
Financial Income	130 000	−2 639 000	2 717 000	128 000
Financial Costs	13 239 000	10 500 000	8 821 000	3 475 000
Financial Balance	−13 109 000	−13 139 000	−6 104 000	−3 347 000
Dividends	0	76 598 000	0	0
Net Income	−3 712 000	−667 000	11 004 000	20 175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 890 000	46 668 000	54 445 000	62 223 000
Real Eastate	0	0	0	74 064 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 343 000	34 000	78 000	573 000
Total Tangible Assets	383 663 000	34 000	78 000	74 636 000
Total Fiancial Fixed Assets	9 316 000	233 063 000	273 381 000	68 500 000
Total Fixed Assets	431 869 000	279 764 000	327 904 000	205 359 000
Stock	4 661 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 484 000	34 044 000	28 274 000	15 864 000
Total Current Assets	28 763 000	35 975 000	30 228 000	32 224 000
Total Assets	460 632 000	315 739 000	358 132 000	237 584 000
Total Equity	34 309 000	36 694 000	113 959 000	102 955 000
Short-Term Group Debt	0	0	0	6 391 000
Total Long-Term Debt	411 660 000	185 946 000	207 478 000	103 309 000
Creditors	5 591 000	3 642 000	21 557 000	13 431 000
Unpaid Taxes	2 875 000	5 482 000	6 854 000	1 313 000
Dividends	0	76 598 000	0	0
Other Current Debt	6 198 000	3 090 000	1 059 000	3 445 000
Total Current Debt	14 663 000	93 099 000	36 695 000	31 320 000
Total Equity and Debt	460 632 000	315 739 000	358 132 000	237 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,82 %	−1,82 %	9,66 %	19,6 %
Debt-to-Equity Ratio	12	5,07	1,82	1
Operating Profit Margin	14,02 %	19,58 %	27,9 %	46,89 %
Current Ratio	1,96	0,39	0,82	1,03
Quick Ratio	2,88	0,39	0,82	1,03
Equity Ratio	0,07	0,12	0,32	0,43
Gross Profit Margin	94,97 %	95,05 %	95,51 %	96,93 %