TEK-EIENDOM III AS

1712 GRÅLUM

Finances

Return on Equity

−69,18 %

Current Ratio

0,37

Debt-to-Equity Ratio

10,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 204 000	686 000	600 000	600 000
Net Income	−431 000	−142 000	74 000	216 000
Total Assets	14 164 000	17 085 000	6 341 000	5 252 000
Total Equity	623 000	1 054 000	1 196 000	1 122 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 204 000	686 000	600 000	600 000
Expenditure	2 475 000	710 000	378 000	191 000
Operating Profit	−271 000	−24 000	222 000	409 000
Financial Income	110 000	0	1 000	3 000
Financial Costs	340 000	152 000	128 000	134 000
Financial Balance	−230 000	−152 000	−127 000	−131 000
Earnings Before Tax	−502 000	−177 000	95 000	278 000
Tax	−70 000	−35 000	21 000	61 000
Net Income	−431 000	−142 000	74 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 649 000	14 997 000	6 329 000	4 177 000
Total Current Assets	2 515 000	2 088 000	12 000	1 075 000
Total Assets	14 164 000	17 085 000	6 341 000	5 252 000
Total Retained Equity	593 000	1 024 000	1 166 000	1 092 000
Total Equity	623 000	1 054 000	1 196 000	1 122 000
Total Long-Term Debt	6 765 000	8 389 000	5 025 000	3 871 000
Total Current Debt	6 776 000	7 641 000	120 000	259 000
Total Equity and Debt	14 164 000	17 085 000	6 341 000	5 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 507 000	0	0	0
Other Income	696 000	686 000	600 000	600 000
Revenue	2 204 000	686 000	600 000	600 000
Cost of Goods Sold	1 590 000	0	0	0
Salary Costs	50 000	25 000	0	0
Depreciation	354 000	262 000	136 000	136 000
Impairment	0	0	0	0
Expenditure	2 475 000	710 000	378 000	191 000
Operating Profit	−271 000	−24 000	222 000	409 000
Financial Income	110 000	0	1 000	3 000
Financial Costs	340 000	152 000	128 000	134 000
Financial Balance	−230 000	−152 000	−127 000	−131 000
Dividends	0	0	0	0
Net Income	−431 000	−142 000	74 000	216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 227 000	12 064 000	6 299 000	4 177 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 392 000	2 903 000	0	0
Total Tangible Assets	11 619 000	14 967 000	6 299 000	4 177 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	11 649 000	14 997 000	6 329 000	4 177 000
Stock	350 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 981 000	1 766 000	12 000	875 000
Total Current Assets	2 515 000	2 088 000	12 000	1 075 000
Total Assets	14 164 000	17 085 000	6 341 000	5 252 000
Total Equity	623 000	1 054 000	1 196 000	1 122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 765 000	8 389 000	5 025 000	3 871 000
Creditors	32 000	137 000	0	0
Unpaid Taxes	66 000	25 000	25 000	0
Dividends	0	0	0	0
Other Current Debt	6 592 000	7 479 000	79 000	259 000
Total Current Debt	6 776 000	7 641 000	120 000	259 000
Total Equity and Debt	14 164 000	17 085 000	6 341 000	5 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,18 %	−13,47 %	6,19 %	19,25 %
Debt-to-Equity Ratio	10,86	7,96	4,2	3,45
Operating Profit Margin	−12,3 %	−3,5 %	37 %	68,17 %
Current Ratio	0,37	0,27	0,1	4,15
Quick Ratio	0,39	0,27	0,1	4,15
Equity Ratio	0,04	0,06	0,19	0,21
Gross Profit Margin	27,86 %	100 %	100 %	100 %