TE VEKST AS

6700 MÅLØY

Finances

Return on Equity

24,39 %

Current Ratio

7,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 900 000	2 600 000	1 700 000
Net Income	2 485 000	2 929 000	2 640 000	1 818 000
Total Assets	11 733 000	10 236 000	12 307 000	13 682 000
Total Equity	10 189 000	9 204 000	9 274 000	9 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 900 000	2 600 000	1 700 000
Expenditure	0	0	0	0
Operating Profit	0	2 900 000	2 600 000	1 700 000
Financial Income	2 530 000	62 000	73 000	165 000
Financial Costs	0	0	0	0
Financial Balance	2 530 000	62 000	73 000	165 000
Earnings Before Tax	2 530 000	2 962 000	2 673 000	1 865 000
Tax	44 000	33 000	33 000	48 000
Net Income	2 485 000	2 929 000	2 640 000	1 818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	825 000	2 085 000
Total Current Assets	11 733 000	10 236 000	11 482 000	11 597 000
Total Assets	11 733 000	10 236 000	12 307 000	13 682 000
Total Retained Equity	9 889 000	8 904 000	8 974 000	9 334 000
Total Equity	10 189 000	9 204 000	9 274 000	9 634 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 544 000	1 033 000	3 033 000	4 048 000
Total Equity and Debt	11 733 000	10 236 000	12 307 000	13 682 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 900 000	2 600 000	1 700 000
Other Income	0	0	0	0
Revenue	0	2 900 000	2 600 000	1 700 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	0
Operating Profit	0	2 900 000	2 600 000	1 700 000
Financial Income	2 530 000	62 000	73 000	165 000
Financial Costs	0	0	0	0
Financial Balance	2 530 000	62 000	73 000	165 000
Dividends	1 500 000	3 000 000	3 000 000	4 000 000
Net Income	2 485 000	2 929 000	2 640 000	1 818 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	825 000	2 085 000
Total Fixed Assets	0	0	825 000	2 085 000
Stock	0	0	0	0
Total Investments	6 366 000	6 366 000	6 366 000	6 366 000
Cash, Bank	5 367 000	3 870 000	5 116 000	5 231 000
Total Current Assets	11 733 000	10 236 000	11 482 000	11 597 000
Total Assets	11 733 000	10 236 000	12 307 000	13 682 000
Total Equity	10 189 000	9 204 000	9 274 000	9 634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	3 000 000	3 000 000	4 000 000
Other Current Debt	0	0	0	0
Total Current Debt	1 544 000	1 033 000	3 033 000	4 048 000
Total Equity and Debt	11 733 000	10 236 000	12 307 000	13 682 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,39 %	31,82 %	28,47 %	18,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	100 %	100 %	100 %
Current Ratio	7,6	9,91	3,79	2,86
Quick Ratio	7,6	9,91	3,79	2,86
Equity Ratio	0,87	0,9	0,75	0,7
Gross Profit Margin	-	100 %	100 %	100 %