TVEIT MASKIN AS

5582 ØLENSVÅG

Finances

Return on Equity

10,14 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 127 000	37 625 000	25 558 000	27 853 000
Net Income	412 000	973 000	2 388 000	1 157 000
Total Assets	16 600 000	12 060 000	16 558 000	14 008 000
Total Equity	4 065 000	3 653 000	4 680 000	5 291 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 127 000	37 625 000	25 558 000	27 853 000
Expenditure	32 506 000	36 283 000	22 375 000	26 244 000
Operating Profit	621 000	1 342 000	3 183 000	1 608 000
Financial Income	7 000	6 000	10 000	42 000
Financial Costs	103 000	96 000	121 000	162 000
Financial Balance	−96 000	−90 000	−111 000	−120 000
Earnings Before Tax	525 000	1 251 000	3 071 000	1 489 000
Tax	114 000	278 000	683 000	332 000
Net Income	412 000	973 000	2 388 000	1 157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 038 000	2 843 000	3 124 000	3 237 000
Total Current Assets	12 562 000	9 217 000	13 434 000	10 772 000
Total Assets	16 600 000	12 060 000	16 558 000	14 008 000
Total Retained Equity	3 963 000	3 551 000	4 578 000	2 261 000
Total Equity	4 065 000	3 653 000	4 680 000	5 291 000
Total Long-Term Debt	2 294 000	720 000	743 000	1 805 000
Total Current Debt	10 241 000	7 688 000	11 135 000	6 912 000
Total Equity and Debt	16 600 000	12 060 000	16 558 000	14 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 647 000	37 625 000	24 761 000	27 853 000
Other Income	480 000	0	797 000	0
Revenue	33 127 000	37 625 000	25 558 000	27 853 000
Cost of Goods Sold	14 367 000	20 024 000	9 266 000	11 155 000
Salary Costs	8 842 000	8 274 000	7 120 000	8 016 000
Depreciation	372 000	382 000	605 000	694 000
Impairment	0	0	0	0
Expenditure	32 506 000	36 283 000	22 375 000	26 244 000
Operating Profit	621 000	1 342 000	3 183 000	1 608 000
Financial Income	7 000	6 000	10 000	42 000
Financial Costs	103 000	96 000	121 000	162 000
Financial Balance	−96 000	−90 000	−111 000	−120 000
Dividends	0	0	0	0
Net Income	412 000	973 000	2 388 000	1 157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	0
Real Eastate	3 357 000	1 858 000	1 892 000	1 932 000
Machinery and Plant Facilities	0	0	0	2 000
Fixtures	553 000	857 000	1 096 000	1 245 000
Total Tangible Assets	3 910 000	2 715 000	2 988 000	3 179 000
Total Fiancial Fixed Assets	128 000	128 000	128 000	58 000
Total Fixed Assets	4 038 000	2 843 000	3 124 000	3 237 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	590 000	2 966 000	5 376 000	3 057 000
Total Current Assets	12 562 000	9 217 000	13 434 000	10 772 000
Total Assets	16 600 000	12 060 000	16 558 000	14 008 000
Total Equity	4 065 000	3 653 000	4 680 000	5 291 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 294 000	720 000	743 000	1 805 000
Creditors	1 734 000	2 469 000	2 171 000	2 109 000
Unpaid Taxes	1 685 000	1 253 000	1 731 000	1 146 000
Dividends	0	0	0	0
Other Current Debt	4 923 000	3 965 000	5 965 000	3 150 000
Total Current Debt	10 241 000	7 688 000	11 135 000	6 912 000
Total Equity and Debt	16 600 000	12 060 000	16 558 000	14 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,14 %	26,64 %	51,03 %	21,87 %
Debt-to-Equity Ratio	0,56	0,2	0,16	0,34
Operating Profit Margin	1,87 %	3,57 %	12,45 %	5,77 %
Current Ratio	1,23	1,2	1,21	1,56
Quick Ratio	1,23	1,2	1,21	1,56
Equity Ratio	0,24	0,3	0,28	0,38
Gross Profit Margin	56,63 %	46,78 %	63,75 %	59,95 %