TVETER EIENDOM AS

3261 LARVIK

Finances

Return on Equity

14,76 %

Current Ratio

12,66

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 600 000	1 678 000	1 317 000	2 852 000
Net Income	1 321 000	8 735 000	158 000	4 212 000
Total Assets	14 225 000	17 451 000	12 772 000	16 425 000
Total Equity	8 947 000	10 626 000	7 391 000	7 233 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 600 000	1 678 000	1 317 000	2 852 000
Expenditure	1 073 000	1 221 000	974 000	912 000
Operating Profit	527 000	457 000	343 000	1 940 000
Financial Income	1 927 000	8 658 000	1 000	2 883 000
Financial Costs	1 054 000	260 000	141 000	234 000
Financial Balance	873 000	8 398 000	−140 000	2 649 000
Earnings Before Tax	1 400 000	8 855 000	203 000	4 589 000
Tax	79 000	120 000	44 000	377 000
Net Income	1 321 000	8 735 000	158 000	4 212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 172 000	7 925 000	8 393 000	8 047 000
Total Current Assets	8 053 000	9 526 000	4 379 000	8 379 000
Total Assets	14 225 000	17 451 000	12 772 000	16 425 000
Total Retained Equity	7 629 000	9 308 000	6 073 000	5 915 000
Total Equity	8 947 000	10 626 000	7 391 000	7 233 000
Total Long-Term Debt	4 642 000	4 974 000	5 278 000	3 442 000
Total Current Debt	636 000	1 851 000	103 000	5 750 000
Total Equity and Debt	14 225 000	17 451 000	12 772 000	16 425 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	363 000	0	101 000
Other Income	1 600 000	1 315 000	1 317 000	2 750 000
Revenue	1 600 000	1 678 000	1 317 000	2 852 000
Cost of Goods Sold	0	363 000	0	0
Salary Costs	0	0	0	0
Depreciation	297 000	276 000	278 000	391 000
Impairment	0	0	0	0
Expenditure	1 073 000	1 221 000	974 000	912 000
Operating Profit	527 000	457 000	343 000	1 940 000
Financial Income	1 927 000	8 658 000	1 000	2 883 000
Financial Costs	1 054 000	260 000	141 000	234 000
Financial Balance	873 000	8 398 000	−140 000	2 649 000
Dividends	3 000 000	5 500 000	0	5 500 000
Net Income	1 321 000	8 735 000	158 000	4 212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 725 000	4 311 000	4 577 000	4 574 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	19 000	29 000	41 000
Total Tangible Assets	4 736 000	4 331 000	4 606 000	4 615 000
Total Fiancial Fixed Assets	1 436 000	3 594 000	3 787 000	3 432 000
Total Fixed Assets	6 172 000	7 925 000	8 393 000	8 047 000
Stock	0	0	0	0
Total Investments	7 513 000	4 888 000	0	0
Cash, Bank	465 000	4 550 000	3 966 000	30 000
Total Current Assets	8 053 000	9 526 000	4 379 000	8 379 000
Total Assets	14 225 000	17 451 000	12 772 000	16 425 000
Total Equity	8 947 000	10 626 000	7 391 000	7 233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 642 000	4 974 000	5 278 000	3 442 000
Creditors	74 000	188 000	6 000	55 000
Unpaid Taxes	0	0	0	58 000
Dividends	3 000 000	5 500 000	0	5 500 000
Other Current Debt	400 000	0	0	11 000
Total Current Debt	636 000	1 851 000	103 000	5 750 000
Total Equity and Debt	14 225 000	17 451 000	12 772 000	16 425 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,76 %	82,2 %	2,14 %	58,23 %
Debt-to-Equity Ratio	0,52	0,47	0,71	0,48
Operating Profit Margin	32,94 %	27,23 %	26,04 %	68,02 %
Current Ratio	12,66	5,15	42,51	1,46
Quick Ratio	12,66	5,15	42,51	1,46
Equity Ratio	0,63	0,61	0,58	0,44
Gross Profit Margin	100 %	78,37 %	100 %	100 %