TLV VARMEPUMPER AS

3766 SANNIDAL

Finances

Return on Equity

31,27 %

Current Ratio

2,41

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 855 000	8 730 000	6 856 000	6 799 000
Net Income	859 000	900 000	579 000	768 000
Total Assets	6 586 000	5 672 000	5 002 000	2 191 000
Total Equity	2 747 000	1 888 000	988 000	409 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 855 000	8 730 000	6 856 000	6 799 000
Expenditure	9 672 000	7 545 000	6 027 000	5 856 000
Operating Profit	1 183 000	1 187 000	829 000	944 000
Financial Income	2 000	1 000	3 000	2 000
Financial Costs	97 000	81 000	22 000	34 000
Financial Balance	−95 000	−80 000	−19 000	−32 000
Earnings Before Tax	1 087 000	1 107 000	810 000	913 000
Tax	228 000	206 000	231 000	145 000
Net Income	859 000	900 000	579 000	768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 750 000	2 746 000	2 902 000	250 000
Total Current Assets	3 836 000	2 926 000	2 101 000	1 941 000
Total Assets	6 586 000	5 672 000	5 002 000	2 191 000
Total Retained Equity	2 717 000	1 858 000	958 000	379 000
Total Equity	2 747 000	1 888 000	988 000	409 000
Total Long-Term Debt	2 247 000	2 435 000	2 586 000	840 000
Total Current Debt	1 593 000	1 349 000	1 428 000	942 000
Total Equity and Debt	6 586 000	5 672 000	5 002 000	2 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 842 000	8 716 000	6 854 000	6 811 000
Other Income	13 000	15 000	2 000	−11 000
Revenue	10 855 000	8 730 000	6 856 000	6 799 000
Cost of Goods Sold	6 312 000	4 107 000	3 135 000	3 924 000
Salary Costs	2 066 000	1 955 000	1 676 000	1 116 000
Depreciation	171 000	166 000	105 000	112 000
Impairment	0	0	0	0
Expenditure	9 672 000	7 545 000	6 027 000	5 856 000
Operating Profit	1 183 000	1 187 000	829 000	944 000
Financial Income	2 000	1 000	3 000	2 000
Financial Costs	97 000	81 000	22 000	34 000
Financial Balance	−95 000	−80 000	−19 000	−32 000
Dividends	0	0	0	0
Net Income	859 000	900 000	579 000	768 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 097 000	2 202 000	2 658 000	0
Machinery and Plant Facilities	200 000	134 000	193 000	216 000
Fixtures	100 000	22 000	14 000	33 000
Total Tangible Assets	2 397 000	2 358 000	2 864 000	250 000
Total Fiancial Fixed Assets	353 000	388 000	38 000	0
Total Fixed Assets	2 750 000	2 746 000	2 902 000	250 000
Stock	630 000	330 000	240 000	200 000
Total Investments	0	0	0	0
Cash, Bank	331 000	552 000	720 000	454 000
Total Current Assets	3 836 000	2 926 000	2 101 000	1 941 000
Total Assets	6 586 000	5 672 000	5 002 000	2 191 000
Total Equity	2 747 000	1 888 000	988 000	409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 247 000	2 435 000	2 586 000	840 000
Creditors	558 000	363 000	551 000	293 000
Unpaid Taxes	553 000	544 000	444 000	246 000
Dividends	0	0	0	0
Other Current Debt	254 000	235 000	202 000	259 000
Total Current Debt	1 593 000	1 349 000	1 428 000	942 000
Total Equity and Debt	6 586 000	5 672 000	5 002 000	2 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,27 %	47,67 %	58,6 %	187,78 %
Debt-to-Equity Ratio	0,82	1,29	2,62	2,05
Operating Profit Margin	10,9 %	13,6 %	12,09 %	13,88 %
Current Ratio	2,41	2,17	1,47	2,06
Quick Ratio	3,98	2,87	1,77	2,62
Equity Ratio	0,42	0,33	0,2	0,19
Gross Profit Margin	41,85 %	52,96 %	54,27 %	42,29 %