K TVEIT BILGLASS AS

4715 ØVREBØ

Finances

Share Ownership

Return on Equity

−650 %

Current Ratio

0,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	919 000	1 400 000	1 296 000	1 530 000
Net Income	−117 000	109 000	208 000	23 000
Total Assets	609 000	613 000	843 000	723 000
Total Equity	18 000	135 000	686 000	478 000

Income (NOK)	2022	2021	2020	2019
Revenue	919 000	1 400 000	1 296 000	1 530 000
Expenditure	1 066 000	1 262 000	1 027 000	1 496 000
Operating Profit	−147 000	138 000	268 000	34 000
Financial Income	1 000	7 000	2 000	3 000
Financial Costs	3 000	6 000	4 000	7 000
Financial Balance	−2 000	1 000	−2 000	−4 000
Earnings Before Tax	−149 000	139 000	267 000	30 000
Tax	−33 000	31 000	59 000	7 000
Net Income	−117 000	109 000	208 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	228 000	264 000	156 000	205 000
Total Current Assets	381 000	349 000	687 000	518 000
Total Assets	609 000	613 000	843 000	723 000
Total Retained Equity	−5 000	112 000	663 000	455 000
Total Equity	18 000	135 000	686 000	478 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	591 000	478 000	157 000	245 000
Total Equity and Debt	609 000	613 000	843 000	723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	919 000	1 400 000	1 296 000	1 530 000
Other Income	0	0	0	0
Revenue	919 000	1 400 000	1 296 000	1 530 000
Cost of Goods Sold	347 000	532 000	476 000	595 000
Salary Costs	362 000	332 000	195 000	300 000
Depreciation	69 000	60 000	51 000	106 000
Impairment	0	0	0	0
Expenditure	1 066 000	1 262 000	1 027 000	1 496 000
Operating Profit	−147 000	138 000	268 000	34 000
Financial Income	1 000	7 000	2 000	3 000
Financial Costs	3 000	6 000	4 000	7 000
Financial Balance	−2 000	1 000	−2 000	−4 000
Dividends	0	0	0	0
Net Income	−117 000	109 000	208 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	29 000	33 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	166 000	236 000	123 000	174 000
Total Tangible Assets	166 000	236 000	123 000	174 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	228 000	264 000	156 000	205 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	181 000	478 000	316 000
Total Current Assets	381 000	349 000	687 000	518 000
Total Assets	609 000	613 000	843 000	723 000
Total Equity	18 000	135 000	686 000	478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	35 000	29 000	148 000
Unpaid Taxes	51 000	52 000	35 000	28 000
Dividends	0	0	0	0
Other Current Debt	501 000	366 000	31 000	43 000
Total Current Debt	591 000	478 000	157 000	245 000
Total Equity and Debt	609 000	613 000	843 000	723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−650 %	80,74 %	30,32 %	4,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16 %	9,86 %	20,68 %	2,22 %
Current Ratio	0,64	0,73	4,38	2,11
Quick Ratio	0,64	0,73	4,38	2,11
Equity Ratio	0,03	0,22	0,81	0,66
Gross Profit Margin	62,24 %	62 %	63,27 %	61,11 %