TVEDT OPTIKK AS

8400 SORTLAND

Finances

Return on Equity

70,35 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 630 000	8 067 000	8 001 000	7 326 000
Net Income	1 606 000	1 528 000	1 553 000	996 000
Total Assets	4 614 000	4 481 000	4 998 000	4 225 000
Total Equity	2 283 000	1 677 000	3 687 000	2 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 630 000	8 067 000	8 001 000	7 326 000
Expenditure	6 602 000	6 130 000	6 045 000	6 077 000
Operating Profit	2 028 000	1 937 000	1 958 000	1 249 000
Financial Income	27 000	26 000	39 000	27 000
Financial Costs	3 000	4 000	4 000	2 000
Financial Balance	24 000	22 000	35 000	25 000
Earnings Before Tax	2 052 000	1 960 000	1 992 000	1 274 000
Tax	446 000	432 000	440 000	278 000
Net Income	1 606 000	1 528 000	1 553 000	996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	751 000	256 000	366 000	443 000
Total Current Assets	3 863 000	4 225 000	4 632 000	3 782 000
Total Assets	4 614 000	4 481 000	4 998 000	4 225 000
Total Retained Equity	2 183 000	1 577 000	3 587 000	2 035 000
Total Equity	2 283 000	1 677 000	3 687 000	2 135 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 331 000	2 804 000	1 311 000	2 090 000
Total Equity and Debt	4 614 000	4 481 000	4 998 000	4 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 569 000	8 057 000	7 918 000	7 326 000
Other Income	61 000	9 000	83 000	0
Revenue	8 630 000	8 067 000	8 001 000	7 326 000
Cost of Goods Sold	2 579 000	2 439 000	2 278 000	2 104 000
Salary Costs	2 461 000	2 364 000	2 283 000	2 322 000
Depreciation	132 000	118 000	118 000	102 000
Impairment	0	0	0	0
Expenditure	6 602 000	6 130 000	6 045 000	6 077 000
Operating Profit	2 028 000	1 937 000	1 958 000	1 249 000
Financial Income	27 000	26 000	39 000	27 000
Financial Costs	3 000	4 000	4 000	2 000
Financial Balance	24 000	22 000	35 000	25 000
Dividends	1 000 000	3 500 000	0	1 000 000
Net Income	1 606 000	1 528 000	1 553 000	996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	32 000	24 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	103 000	172 000	205 000
Fixtures	721 000	111 000	160 000	209 000
Total Tangible Assets	721 000	214 000	332 000	414 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	751 000	256 000	366 000	443 000
Stock	943 000	1 003 000	890 000	859 000
Total Investments	0	0	0	0
Cash, Bank	2 488 000	2 828 000	3 269 000	2 515 000
Total Current Assets	3 863 000	4 225 000	4 632 000	3 782 000
Total Assets	4 614 000	4 481 000	4 998 000	4 225 000
Total Equity	2 283 000	1 677 000	3 687 000	2 135 000
Short-Term Group Debt	0	49 000	0	43 000
Total Long-Term Debt	0	0	0	0
Creditors	154 000	188 000	233 000	187 000
Unpaid Taxes	369 000	355 000	366 000	318 000
Dividends	1 000 000	3 500 000	0	1 000 000
Other Current Debt	373 000	283 000	266 000	257 000
Total Current Debt	2 331 000	2 804 000	1 311 000	2 090 000
Total Equity and Debt	4 614 000	4 481 000	4 998 000	4 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,35 %	91,12 %	42,12 %	46,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,5 %	24,01 %	24,47 %	17,05 %
Current Ratio	1,66	1,51	3,53	1,81
Quick Ratio	2,78	2,35	11	3,07
Equity Ratio	0,49	0,37	0,74	0,51
Gross Profit Margin	70,12 %	69,77 %	71,53 %	71,28 %