TESS HYDRASPEC AS

4624 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−365,49 %

Current Ratio

1,08

Debt-to-Equity Ratio

2,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 970 000	16 337 000	16 854 000	21 874 000
Net Income	−3 622 000	−291 000	440 000	92 000
Total Assets	5 825 000	6 208 000	10 171 000	8 489 000
Total Equity	991 000	710 000	1 001 000	561 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 970 000	16 337 000	16 854 000	21 874 000
Expenditure	13 434 000	16 943 000	16 452 000	21 622 000
Operating Profit	−4 464 000	−606 000	402 000	252 000
Financial Income	17 000	240 000	526 000	47 000
Financial Costs	189 000	202 000	335 000	181 000
Financial Balance	−172 000	38 000	191 000	−134 000
Earnings Before Tax	−4 636 000	−567 000	593 000	118 000
Tax	−1 014 000	−276 000	153 000	26 000
Net Income	−3 622 000	−291 000	440 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 212 000	2 473 000	1 987 000	1 981 000
Total Current Assets	2 614 000	3 735 000	8 184 000	6 508 000
Total Assets	5 825 000	6 208 000	10 171 000	8 489 000
Total Retained Equity	−3 122 000	499 000	791 000	351 000
Total Equity	991 000	710 000	1 001 000	561 000
Total Long-Term Debt	2 407 000	1 334 000	1 901 000	2 468 000
Total Current Debt	2 427 000	4 164 000	7 269 000	5 460 000
Total Equity and Debt	5 825 000	6 208 000	10 171 000	8 489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 970 000	16 295 000	16 854 000	21 874 000
Other Income	0	43 000	0	0
Revenue	8 970 000	16 337 000	16 854 000	21 874 000
Cost of Goods Sold	2 300 000	5 995 000	5 331 000	6 178 000
Salary Costs	7 116 000	7 148 000	6 565 000	10 075 000
Depreciation	482 000	534 000	409 000	374 000
Impairment	0	0	0	0
Expenditure	13 434 000	16 943 000	16 452 000	21 622 000
Operating Profit	−4 464 000	−606 000	402 000	252 000
Financial Income	17 000	240 000	526 000	47 000
Financial Costs	189 000	202 000	335 000	181 000
Financial Balance	−172 000	38 000	191 000	−134 000
Dividends	0	0	0	0
Net Income	−3 622 000	−291 000	440 000	92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 392 000	383 000	112 000	244 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 174 000	1 672 000	1 345 000	1 190 000
Fixtures	646 000	359 000	407 000	508 000
Total Tangible Assets	1 819 000	2 030 000	1 751 000	1 698 000
Total Fiancial Fixed Assets	0	60 000	124 000	40 000
Total Fixed Assets	3 212 000	2 473 000	1 987 000	1 981 000
Stock	1 024 000	741 000	1 317 000	707 000
Total Investments	0	0	0	0
Cash, Bank	329 000	220 000	244 000	1 202 000
Total Current Assets	2 614 000	3 735 000	8 184 000	6 508 000
Total Assets	5 825 000	6 208 000	10 171 000	8 489 000
Total Equity	991 000	710 000	1 001 000	561 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 407 000	1 334 000	1 901 000	2 468 000
Creditors	478 000	1 997 000	606 000	1 322 000
Unpaid Taxes	723 000	853 000	1 306 000	1 380 000
Dividends	0	0	0	0
Other Current Debt	1 003 000	926 000	1 561 000	2 094 000
Total Current Debt	2 427 000	4 164 000	7 269 000	5 460 000
Total Equity and Debt	5 825 000	6 208 000	10 171 000	8 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−365,49 %	−40,99 %	43,96 %	16,4 %
Debt-to-Equity Ratio	2,43	1,88	1,9	4,4
Operating Profit Margin	−49,77 %	−3,71 %	2,39 %	1,15 %
Current Ratio	1,08	0,9	1,13	1,19
Quick Ratio	1,86	1,09	1,38	1,37
Equity Ratio	0,17	0,11	0,1	0,07
Gross Profit Margin	74,36 %	63,3 %	68,37 %	71,76 %