TØMRERSVENN ANDERS HAGTVEDT AS

3268 LARVIK

Finances

Share Ownership

Return on Equity

35 %

Current Ratio

3,08

Debt-to-Equity Ratio

2,88

Key figures (NOK)	2021	2020	2019	2018
Revenue	198 000	188 000	258 000	549 000
Net Income	14 000	−28 000	−1 000	−19 000
Total Assets	196 000	38 000	96 000	161 000
Total Equity	40 000	26 000	54 000	55 000

Income (NOK)	2021	2020	2019	2018
Revenue	198 000	188 000	258 000	549 000
Expenditure	177 000	215 000	258 000	567 000
Operating Profit	21 000	−28 000	−1 000	−19 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	14 000	−28 000	−1 000	−19 000
Tax	0	0	0	0
Net Income	14 000	−28 000	−1 000	−19 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	72 000	0	0	0
Total Current Assets	123 000	38 000	96 000	161 000
Total Assets	196 000	38 000	96 000	161 000
Total Retained Equity	18 000	4 000	32 000	33 000
Total Equity	40 000	26 000	54 000	55 000
Total Long-Term Debt	115 000	12 000	0	35 000
Total Current Debt	40 000	0	41 000	72 000
Total Equity and Debt	196 000	38 000	96 000	161 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	198 000	203 000	243 000	549 000
Other Income	0	−15 000	15 000	0
Revenue	198 000	188 000	258 000	549 000
Cost of Goods Sold	83 000	82 000	135 000	169 000
Salary Costs	0	0	0	251 000
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	177 000	215 000	258 000	567 000
Operating Profit	21 000	−28 000	−1 000	−19 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	14 000	−28 000	−1 000	−19 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	72 000	0	0	0
Total Tangible Assets	72 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	72 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	32 000	17 000	16 000
Total Current Assets	123 000	38 000	96 000	161 000
Total Assets	196 000	38 000	96 000	161 000
Total Equity	40 000	26 000	54 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	115 000	12 000	0	35 000
Creditors	20 000	0	15 000	34 000
Unpaid Taxes	21 000	0	3 000	15 000
Dividends	0	0	0	0
Other Current Debt	0	0	23 000	23 000
Total Current Debt	40 000	0	41 000	72 000
Total Equity and Debt	196 000	38 000	96 000	161 000

Financial indicators	2021	2020	2019	2018
Return on Equity	35 %	−107,69 %	−1,85 %	−34,55 %
Debt-to-Equity Ratio	2,88	0,46	0	0,64
Operating Profit Margin	10,61 %	−14,89 %	−0,39 %	−3,46 %
Current Ratio	3,08	-	2,34	2,24
Quick Ratio	3,08	-	2,34	2,24
Equity Ratio	0,2	0,68	0,56	0,34
Gross Profit Margin	58,08 %	56,38 %	47,67 %	69,22 %