GEORG TVEIT AS

3766 SANNIDAL

Finances

Share Ownership

Return on Equity

3,47 %

Current Ratio

2,64

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 961 000	20 474 000	21 644 000	20 937 000
Net Income	978 000	3 921 000	1 996 000	3 190 000
Total Assets	41 353 000	32 965 000	26 992 000	28 960 000
Total Equity	28 172 000	27 194 000	23 773 000	21 778 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 961 000	20 474 000	21 644 000	20 937 000
Expenditure	21 954 000	15 804 000	17 656 000	18 391 000
Operating Profit	1 383 000	5 006 000	2 533 000	3 978 000
Financial Income	20 000	19 000	88 000	189 000
Financial Costs	145 000	11 000	7 000	73 000
Financial Balance	−125 000	8 000	81 000	116 000
Earnings Before Tax	1 258 000	5 014 000	2 615 000	4 095 000
Tax	280 000	1 093 000	619 000	904 000
Net Income	978 000	3 921 000	1 996 000	3 190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 058 000	18 753 000	19 208 000	13 202 000
Total Current Assets	12 295 000	14 212 000	7 784 000	15 758 000
Total Assets	41 353 000	32 965 000	26 992 000	28 960 000
Total Retained Equity	27 802 000	26 824 000	23 403 000	21 408 000
Total Equity	28 172 000	27 194 000	23 773 000	21 778 000
Total Long-Term Debt	8 517 000	946 000	689 000	2 400 000
Total Current Debt	4 663 000	4 825 000	2 530 000	4 782 000
Total Equity and Debt	41 353 000	32 965 000	26 992 000	28 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 387 000	19 822 000	21 327 000	20 562 000
Other Income	1 574 000	652 000	317 000	375 000
Revenue	21 961 000	20 474 000	21 644 000	20 937 000
Cost of Goods Sold	8 021 000	2 215 000	4 077 000	3 906 000
Salary Costs	3 808 000	4 111 000	3 779 000	3 877 000
Depreciation	861 000	793 000	618 000	942 000
Impairment	0	0	0	0
Expenditure	21 954 000	15 804 000	17 656 000	18 391 000
Operating Profit	1 383 000	5 006 000	2 533 000	3 978 000
Financial Income	20 000	19 000	88 000	189 000
Financial Costs	145 000	11 000	7 000	73 000
Financial Balance	−125 000	8 000	81 000	116 000
Dividends	0	500 000	0	360 000
Net Income	978 000	3 921 000	1 996 000	3 190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	202 000
Real Eastate	6 674 000	6 880 000	9 873 000	3 814 000
Machinery and Plant Facilities	21 033 000	10 926 000	8 470 000	7 725 000
Fixtures	542 000	608 000	5 000	23 000
Total Tangible Assets	28 250 000	18 414 000	18 347 000	11 562 000
Total Fiancial Fixed Assets	808 000	338 000	861 000	1 438 000
Total Fixed Assets	29 058 000	18 753 000	19 208 000	13 202 000
Stock	2 118 000	743 000	353 000	1 801 000
Total Investments	0	0	0	0
Cash, Bank	7 566 000	9 914 000	4 730 000	10 008 000
Total Current Assets	12 295 000	14 212 000	7 784 000	15 758 000
Total Assets	41 353 000	32 965 000	26 992 000	28 960 000
Total Equity	28 172 000	27 194 000	23 773 000	21 778 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 517 000	946 000	689 000	2 400 000
Creditors	3 225 000	1 960 000	634 000	2 644 000
Unpaid Taxes	691 000	738 000	841 000	359 000
Dividends	0	500 000	0	360 000
Other Current Debt	747 000	1 176 000	787 000	855 000
Total Current Debt	4 663 000	4 825 000	2 530 000	4 782 000
Total Equity and Debt	41 353 000	32 965 000	26 992 000	28 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,47 %	14,42 %	8,4 %	14,65 %
Debt-to-Equity Ratio	0,3	0,03	0,03	0,11
Operating Profit Margin	6,3 %	24,45 %	11,7 %	19 %
Current Ratio	2,64	2,95	3,08	3,3
Quick Ratio	4,83	3,48	3,58	5,29
Equity Ratio	0,68	0,82	0,88	0,75
Gross Profit Margin	63,48 %	89,18 %	81,16 %	81,34 %