TVETENE GARTNERI AS

3267 LARVIK

Finances

Share Ownership

Return on Equity

10,63 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 975 000	8 388 000	5 572 000	10 429 000
Net Income	245 000	855 000	147 000	778 000
Total Assets	4 290 000	4 389 000	3 359 000	4 734 000
Total Equity	2 304 000	2 115 000	1 261 000	1 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 975 000	8 388 000	5 572 000	10 429 000
Expenditure	6 658 000	7 274 000	5 350 000	9 356 000
Operating Profit	317 000	1 115 000	222 000	1 072 000
Financial Income	2 000	8 000	7 000	2 000
Financial Costs	57 000	85 000	111 000	143 000
Financial Balance	−55 000	−77 000	−104 000	−141 000
Earnings Before Tax	261 000	1 037 000	118 000	930 000
Tax	16 000	183 000	−29 000	152 000
Net Income	245 000	855 000	147 000	778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 208 000	1 238 000	1 271 000	1 252 000
Total Current Assets	3 082 000	3 150 000	2 088 000	3 482 000
Total Assets	4 290 000	4 389 000	3 359 000	4 734 000
Total Retained Equity	2 204 000	2 015 000	1 161 000	1 014 000
Total Equity	2 304 000	2 115 000	1 261 000	1 114 000
Total Long-Term Debt	0	0	800 000	1 200 000
Total Current Debt	1 986 000	2 273 000	1 298 000	2 420 000
Total Equity and Debt	4 290 000	4 389 000	3 359 000	4 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 940 000	8 335 000	5 437 000	10 197 000
Other Income	36 000	53 000	134 000	231 000
Revenue	6 975 000	8 388 000	5 572 000	10 429 000
Cost of Goods Sold	1 812 000	2 227 000	1 344 000	2 996 000
Salary Costs	2 437 000	2 443 000	2 068 000	3 002 000
Depreciation	30 000	33 000	25 000	24 000
Impairment	0	0	0	0
Expenditure	6 658 000	7 274 000	5 350 000	9 356 000
Operating Profit	317 000	1 115 000	222 000	1 072 000
Financial Income	2 000	8 000	7 000	2 000
Financial Costs	57 000	85 000	111 000	143 000
Financial Balance	−55 000	−77 000	−104 000	−141 000
Dividends	0	0	0	0
Net Income	245 000	855 000	147 000	778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 160 000	1 160 000	1 160 000	1 160 000
Machinery and Plant Facilities	25 000	55 000	88 000	70 000
Fixtures	0	0	0	0
Total Tangible Assets	1 185 000	1 215 000	1 248 000	1 229 000
Total Fiancial Fixed Assets	23 000	23 000	23 000	23 000
Total Fixed Assets	1 208 000	1 238 000	1 271 000	1 252 000
Stock	595 000	838 000	706 000	958 000
Total Investments	0	0	0	0
Cash, Bank	761 000	47 000	−113 000	732 000
Total Current Assets	3 082 000	3 150 000	2 088 000	3 482 000
Total Assets	4 290 000	4 389 000	3 359 000	4 734 000
Total Equity	2 304 000	2 115 000	1 261 000	1 114 000
Short-Term Group Debt	72 000	0	0	0
Total Long-Term Debt	0	0	800 000	1 200 000
Creditors	316 000	540 000	84 000	287 000
Unpaid Taxes	1 044 000	1 284 000	954 000	1 486 000
Dividends	0	0	0	0
Other Current Debt	554 000	267 000	260 000	516 000
Total Current Debt	1 986 000	2 273 000	1 298 000	2 420 000
Total Equity and Debt	4 290 000	4 389 000	3 359 000	4 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,63 %	40,43 %	11,66 %	69,84 %
Debt-to-Equity Ratio	0	0	0,63	1,08
Operating Profit Margin	4,54 %	13,29 %	3,98 %	10,28 %
Current Ratio	1,55	1,39	1,61	1,44
Quick Ratio	2,22	2,2	3,53	2,38
Equity Ratio	0,54	0,48	0,38	0,24
Gross Profit Margin	74,02 %	73,45 %	75,88 %	71,27 %