TVEDESTRAND DISTRIBUSJONSSERVICE AS

4900 TVEDESTRAND

Finances

Return on Equity

46,72 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 539 000	45 607 000	32 482 000	26 935 000
Net Income	1 055 000	1 367 000	1 217 000	853 000
Total Assets	10 453 000	9 412 000	6 409 000	6 405 000
Total Equity	2 258 000	2 902 000	1 536 000	1 569 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 539 000	45 607 000	32 482 000	26 935 000
Expenditure	56 995 000	43 759 000	30 886 000	25 783 000
Operating Profit	1 543 000	1 848 000	1 595 000	1 152 000
Financial Income	3 000	1 000	14 000	7 000
Financial Costs	187 000	91 000	47 000	64 000
Financial Balance	−184 000	−90 000	−33 000	−57 000
Earnings Before Tax	1 358 000	1 758 000	1 562 000	1 095 000
Tax	303 000	391 000	345 000	243 000
Net Income	1 055 000	1 367 000	1 217 000	853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 292 000	2 234 000	1 668 000	1 460 000
Total Current Assets	8 160 000	7 178 000	4 741 000	4 945 000
Total Assets	10 453 000	9 412 000	6 409 000	6 405 000
Total Retained Equity	1 689 000	2 334 000	967 000	1 001 000
Total Equity	2 258 000	2 902 000	1 536 000	1 569 000
Total Long-Term Debt	1 182 000	446 000	412 000	1 076 000
Total Current Debt	7 013 000	6 063 000	4 462 000	3 760 000
Total Equity and Debt	10 453 000	9 412 000	6 409 000	6 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 250 000	45 696 000	32 464 000	26 934 000
Other Income	289 000	−89 000	18 000	1 000
Revenue	58 539 000	45 607 000	32 482 000	26 935 000
Cost of Goods Sold	47 583 000	35 692 000	24 833 000	19 632 000
Salary Costs	4 449 000	4 437 000	3 067 000	3 078 000
Depreciation	109 000	50 000	386 000	695 000
Impairment	0	0	0	0
Expenditure	56 995 000	43 759 000	30 886 000	25 783 000
Operating Profit	1 543 000	1 848 000	1 595 000	1 152 000
Financial Income	3 000	1 000	14 000	7 000
Financial Costs	187 000	91 000	47 000	64 000
Financial Balance	−184 000	−90 000	−33 000	−57 000
Dividends	0	0	1 250 000	500 000
Net Income	1 055 000	1 367 000	1 217 000	853 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	139 000	149 000	124 000	398 000
Real Eastate	260 000	140 000	0	0
Machinery and Plant Facilities	178 000	0	0	0
Fixtures	0	230 000	0	1 062 000
Total Tangible Assets	438 000	370 000	0	1 062 000
Total Fiancial Fixed Assets	1 715 000	1 715 000	1 544 000	0
Total Fixed Assets	2 292 000	2 234 000	1 668 000	1 460 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	904 000	1 556 000	200 000	1 200 000
Total Current Assets	8 160 000	7 178 000	4 741 000	4 945 000
Total Assets	10 453 000	9 412 000	6 409 000	6 405 000
Total Equity	2 258 000	2 902 000	1 536 000	1 569 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 182 000	446 000	412 000	1 076 000
Creditors	4 716 000	4 160 000	3 150 000	2 474 000
Unpaid Taxes	353 000	423 000	370 000	461 000
Dividends	0	0	1 250 000	500 000
Other Current Debt	784 000	1 064 000	528 000	519 000
Total Current Debt	7 013 000	6 063 000	4 462 000	3 760 000
Total Equity and Debt	10 453 000	9 412 000	6 409 000	6 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,72 %	47,11 %	79,23 %	54,37 %
Debt-to-Equity Ratio	0,52	0,15	0,27	0,69
Operating Profit Margin	2,64 %	4,05 %	4,91 %	4,28 %
Current Ratio	1,16	1,18	1,06	1,32
Quick Ratio	1,16	1,18	1,06	1,32
Equity Ratio	0,22	0,31	0,24	0,24
Gross Profit Margin	18,72 %	21,74 %	23,55 %	27,11 %