TV VEST AS

4014 STAVANGER

Finances

Return on Equity

9,09 %

Current Ratio

1,58

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 733 000	10 977 000	9 986 000	10 370 000
Net Income	167 000	230 000	−239 000	46 000
Total Assets	7 691 000	7 384 000	7 282 000	3 447 000
Total Equity	1 837 000	1 670 000	1 440 000	1 679 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 733 000	10 977 000	9 986 000	10 370 000
Expenditure	11 277 000	10 512 000	10 187 000	10 307 000
Operating Profit	456 000	465 000	−201 000	64 000
Financial Income	9 000	4 000	9 000	9 000
Financial Costs	221 000	181 000	47 000	22 000
Financial Balance	−212 000	−177 000	−38 000	−13 000
Earnings Before Tax	244 000	288 000	−239 000	51 000
Tax	77 000	58 000	0	5 000
Net Income	167 000	230 000	−239 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 229 000	4 378 000	4 323 000	151 000
Total Current Assets	3 462 000	3 006 000	2 959 000	3 296 000
Total Assets	7 691 000	7 384 000	7 282 000	3 447 000
Total Retained Equity	1 687 000	1 520 000	1 290 000	1 529 000
Total Equity	1 837 000	1 670 000	1 440 000	1 679 000
Total Long-Term Debt	3 658 000	3 863 000	4 000 000	0
Total Current Debt	2 196 000	1 851 000	1 842 000	1 768 000
Total Equity and Debt	7 691 000	7 384 000	7 282 000	3 447 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 658 000	10 885 000	9 782 000	10 027 000
Other Income	75 000	92 000	204 000	343 000
Revenue	11 733 000	10 977 000	9 986 000	10 370 000
Cost of Goods Sold	1 730 000	2 100 000	1 470 000	1 373 000
Salary Costs	6 955 000	6 233 000	5 867 000	6 240 000
Depreciation	166 000	144 000	51 000	8 000
Impairment	0	0	0	0
Expenditure	11 277 000	10 512 000	10 187 000	10 307 000
Operating Profit	456 000	465 000	−201 000	64 000
Financial Income	9 000	4 000	9 000	9 000
Financial Costs	221 000	181 000	47 000	22 000
Financial Balance	−212 000	−177 000	−38 000	−13 000
Dividends	0	0	0	0
Net Income	167 000	230 000	−239 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	100 000	100 000	100 000	100 000
Total Intangible Assets	100 000	100 000	100 000	100 000
Real Eastate	4 020 000	4 113 000	4 093 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 000	135 000	100 000	21 000
Total Tangible Assets	4 099 000	4 248 000	4 193 000	21 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	4 229 000	4 378 000	4 323 000	151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 596 000	1 881 000	1 465 000	2 020 000
Total Current Assets	3 462 000	3 006 000	2 959 000	3 296 000
Total Assets	7 691 000	7 384 000	7 282 000	3 447 000
Total Equity	1 837 000	1 670 000	1 440 000	1 679 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 658 000	3 863 000	4 000 000	0
Creditors	132 000	253 000	418 000	216 000
Unpaid Taxes	974 000	782 000	723 000	863 000
Dividends	0	0	0	0
Other Current Debt	1 012 000	759 000	701 000	685 000
Total Current Debt	2 196 000	1 851 000	1 842 000	1 768 000
Total Equity and Debt	7 691 000	7 384 000	7 282 000	3 447 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,09 %	13,77 %	−16,6 %	2,74 %
Debt-to-Equity Ratio	1,99	2,31	2,78	0
Operating Profit Margin	3,89 %	4,24 %	−2,01 %	0,62 %
Current Ratio	1,58	1,62	1,61	1,86
Quick Ratio	1,58	1,62	1,61	1,86
Equity Ratio	0,24	0,23	0,2	0,49
Gross Profit Margin	85,26 %	80,87 %	85,28 %	86,76 %