TØMMERELV VEGSERVICE AS

9050 STORSTEINNES

Finances

Return on Equity

35,26 %

Current Ratio

4,68

Debt-to-Equity Ratio

5,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 668 000	46 318 000	48 368 000	44 817 000
Net Income	761 000	484 000	400 000	649 000
Total Assets	14 410 000	12 526 000	13 271 000	13 923 000
Total Equity	2 158 000	2 148 000	2 264 000	3 163 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 668 000	46 318 000	48 368 000	44 817 000
Expenditure	60 269 000	45 334 000	47 420 000	43 584 000
Operating Profit	1 398 000	984 000	948 000	1 232 000
Financial Income	3 000	2 000	14 000	18 000
Financial Costs	418 000	358 000	400 000	414 000
Financial Balance	−415 000	−356 000	−386 000	−396 000
Earnings Before Tax	983 000	627 000	563 000	836 000
Tax	222 000	143 000	163 000	188 000
Net Income	761 000	484 000	400 000	649 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 999 000	9 424 000	9 620 000	9 917 000
Total Current Assets	5 412 000	3 102 000	3 651 000	4 006 000
Total Assets	14 410 000	12 526 000	13 271 000	13 923 000
Total Retained Equity	1 234 000	1 224 000	1 340 000	2 240 000
Total Equity	2 158 000	2 148 000	2 264 000	3 163 000
Total Long-Term Debt	11 095 000	9 067 000	9 817 000	10 333 000
Total Current Debt	1 157 000	1 312 000	1 190 000	426 000
Total Equity and Debt	14 410 000	12 526 000	13 271 000	13 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 271 000	46 120 000	48 175 000	44 476 000
Other Income	397 000	197 000	192 000	340 000
Revenue	61 668 000	46 318 000	48 368 000	44 817 000
Cost of Goods Sold	54 693 000	39 818 000	41 674 000	38 385 000
Salary Costs	3 506 000	3 395 000	3 628 000	3 351 000
Depreciation	747 000	745 000	769 000	620 000
Impairment	0	0	0	0
Expenditure	60 269 000	45 334 000	47 420 000	43 584 000
Operating Profit	1 398 000	984 000	948 000	1 232 000
Financial Income	3 000	2 000	14 000	18 000
Financial Costs	418 000	358 000	400 000	414 000
Financial Balance	−415 000	−356 000	−386 000	−396 000
Dividends	0	100 000	0	0
Net Income	761 000	484 000	400 000	649 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 047 000	8 384 000	8 798 000	9 273 000
Machinery and Plant Facilities	18 000	23 000	0	16 000
Fixtures	917 000	501 000	554 000	626 000
Total Tangible Assets	8 982 000	8 907 000	9 353 000	9 915 000
Total Fiancial Fixed Assets	17 000	517 000	267 000	2 000
Total Fixed Assets	8 999 000	9 424 000	9 620 000	9 917 000
Stock	1 671 000	1 339 000	1 439 000	1 486 000
Total Investments	0	0	0	0
Cash, Bank	3 413 000	1 487 000	1 894 000	2 205 000
Total Current Assets	5 412 000	3 102 000	3 651 000	4 006 000
Total Assets	14 410 000	12 526 000	13 271 000	13 923 000
Total Equity	2 158 000	2 148 000	2 264 000	3 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 095 000	9 067 000	9 817 000	10 333 000
Creditors	87 000	35 000	116 000	−619 000
Unpaid Taxes	163 000	306 000	225 000	245 000
Dividends	0	100 000	0	0
Other Current Debt	679 000	687 000	652 000	623 000
Total Current Debt	1 157 000	1 312 000	1 190 000	426 000
Total Equity and Debt	14 410 000	12 526 000	13 271 000	13 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,26 %	22,53 %	17,67 %	20,52 %
Debt-to-Equity Ratio	5,14	4,22	4,34	3,27
Operating Profit Margin	2,27 %	2,12 %	1,96 %	2,75 %
Current Ratio	4,68	2,36	3,07	9,4
Quick Ratio	−10,53	−114,89	−14,66	−3,78
Equity Ratio	0,15	0,17	0,17	0,23
Gross Profit Margin	11,31 %	14,03 %	13,84 %	14,35 %