TVEDT MOTOR OG LANDBRUKSERVICE AS

6290 HARAMSØY

Finances

Share Ownership

Return on Equity

23,42 %

Current Ratio

3,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	507 000	535 000	718 000	661 000
Net Income	74 000	45 000	167 000	100 000
Total Assets	445 000	438 000	452 000	301 000
Total Equity	316 000	242 000	258 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	507 000	535 000	718 000	661 000
Expenditure	413 000	478 000	504 000	532 000
Operating Profit	95 000	58 000	214 000	129 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	95 000	57 000	214 000	128 000
Tax	21 000	13 000	47 000	28 000
Net Income	74 000	45 000	167 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	60 000	42 000	67 000
Total Current Assets	389 000	379 000	410 000	234 000
Total Assets	445 000	438 000	452 000	301 000
Total Retained Equity	286 000	212 000	228 000	61 000
Total Equity	316 000	242 000	258 000	91 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	129 000	196 000	194 000	210 000
Total Equity and Debt	445 000	438 000	452 000	301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	507 000	535 000	747 000	678 000
Other Income	0	0	−28 000	−17 000
Revenue	507 000	535 000	718 000	661 000
Cost of Goods Sold	311 000	302 000	460 000	388 000
Salary Costs	0	0	0	78 000
Depreciation	31 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	413 000	478 000	504 000	532 000
Operating Profit	95 000	58 000	214 000	129 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	60 000	0	60 000
Net Income	74 000	45 000	167 000	100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	7 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	29 000	38 000	67 000
Fixtures	18 000	24 000	0	0
Total Tangible Assets	38 000	53 000	38 000	67 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 000	60 000	42 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	225 000	208 000	212 000	133 000
Total Current Assets	389 000	379 000	410 000	234 000
Total Assets	445 000	438 000	452 000	301 000
Total Equity	316 000	242 000	258 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	19 000	28 000	82 000
Unpaid Taxes	24 000	32 000	48 000	23 000
Dividends	0	60 000	0	60 000
Other Current Debt	0	8 000	8 000	16 000
Total Current Debt	129 000	196 000	194 000	210 000
Total Equity and Debt	445 000	438 000	452 000	301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,42 %	18,6 %	64,73 %	109,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,74 %	10,84 %	29,81 %	19,52 %
Current Ratio	3,02	1,93	2,11	1,11
Quick Ratio	3,02	1,93	2,11	1,11
Equity Ratio	0,71	0,55	0,57	0,3
Gross Profit Margin	38,66 %	43,55 %	35,93 %	41,3 %