OLE TVEIT TRANSPORT AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

25 %

Current Ratio

Debt-to-Equity Ratio

−8,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 832 000	2 503 000	2 401 000	2 277 000
Net Income	−8 000	−40 000	180 000	64 000
Total Assets	750 000	739 000	791 000	561 000
Total Equity	−32 000	−24 000	16 000	−164 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 832 000	2 503 000	2 401 000	2 277 000
Expenditure	2 816 000	2 537 000	2 201 000	2 185 000
Operating Profit	15 000	−34 000	201 000	93 000
Financial Income	0	0	0	0
Financial Costs	23 000	6 000	21 000	29 000
Financial Balance	−23 000	−6 000	−21 000	−29 000
Earnings Before Tax	−8 000	−40 000	180 000	64 000
Tax	0	0	0	0
Net Income	−8 000	−40 000	180 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	255 000	345 000	317 000	206 000
Total Current Assets	494 000	394 000	474 000	355 000
Total Assets	750 000	739 000	791 000	561 000
Total Retained Equity	−62 000	−54 000	−14 000	−194 000
Total Equity	−32 000	−24 000	16 000	−164 000
Total Long-Term Debt	287 000	371 000	321 000	257 000
Total Current Debt	495 000	392 000	454 000	468 000
Total Equity and Debt	750 000	739 000	791 000	561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 830 000	2 503 000	2 352 000	2 268 000
Other Income	1 000	0	49 000	9 000
Revenue	2 832 000	2 503 000	2 401 000	2 277 000
Cost of Goods Sold	76 000	48 000	84 000	19 000
Salary Costs	829 000	726 000	696 000	615 000
Depreciation	74 000	72 000	61 000	62 000
Impairment	0	0	0	0
Expenditure	2 816 000	2 537 000	2 201 000	2 185 000
Operating Profit	15 000	−34 000	201 000	93 000
Financial Income	0	0	0	0
Financial Costs	23 000	6 000	21 000	29 000
Financial Balance	−23 000	−6 000	−21 000	−29 000
Dividends	0	0	0	0
Net Income	−8 000	−40 000	180 000	64 000

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	206 000
Fixtures	255 000	345 000	317 000	0
Total Tangible Assets	255 000	345 000	317 000	206 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	255 000	345 000	317 000	206 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	173 000	182 000	229 000	179 000
Total Current Assets	494 000	394 000	474 000	355 000
Total Assets	750 000	739 000	791 000	561 000
Total Equity	−32 000	−24 000	16 000	−164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	287 000	371 000	321 000	257 000
Creditors	180 000	142 000	127 000	41 000
Unpaid Taxes	113 000	71 000	90 000	95 000
Dividends	0	0	0	0
Other Current Debt	202 000	180 000	237 000	331 000
Total Current Debt	495 000	392 000	454 000	468 000
Total Equity and Debt	750 000	739 000	791 000	561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	166,67 %	1 125 %	−39,02 %
Debt-to-Equity Ratio	−8,97	−15,46	20,06	−1,57
Operating Profit Margin	0,53 %	−1,36 %	8,37 %	4,08 %
Current Ratio	1	1,01	1,04	0,76
Quick Ratio	1	1,01	1,04	0,76
Equity Ratio	−0,04	−0,03	0,02	−0,29
Gross Profit Margin	97,32 %	98,08 %	96,5 %	99,17 %