TVETERAAS INVEST AS

4005 STAVANGER

Finances

Return on Equity

−1,71 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 603 000	44 091 000	17 958 000	28 138 000
Net Income	−4 381 000	38 824 000	15 805 000	−471 000
Total Assets	319 385 000	300 948 000	263 844 000	215 473 000
Total Equity	256 500 000	264 669 000	225 175 000	198 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 603 000	44 091 000	17 958 000	28 138 000
Expenditure	26 232 000	8 452 000	4 690 000	26 836 000
Operating Profit	−11 628 000	35 638 000	13 268 000	1 302 000
Financial Income	4 734 000	277 000	1 870 000	909 000
Financial Costs	2 177 000	868 000	490 000	585 000
Financial Balance	2 557 000	−591 000	1 380 000	324 000
Earnings Before Tax	−9 072 000	35 048 000	14 647 000	1 626 000
Tax	−4 690 000	−3 776 000	−1 158 000	2 096 000
Net Income	−4 381 000	38 824 000	15 805 000	−471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	193 817 000	107 773 000	90 569 000	80 133 000
Total Current Assets	125 568 000	193 175 000	173 275 000	135 340 000
Total Assets	319 385 000	300 948 000	263 844 000	215 473 000
Total Retained Equity	100 669 000	108 838 000	69 344 000	42 554 000
Total Equity	256 500 000	264 669 000	225 175 000	198 385 000
Total Long-Term Debt	0	0	3 277 000	1 993 000
Total Current Debt	62 885 000	36 279 000	35 392 000	15 095 000
Total Equity and Debt	319 385 000	300 948 000	263 844 000	215 473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 500 000	3 727 000	0	19 000
Other Income	11 103 000	40 364 000	17 958 000	28 119 000
Revenue	14 603 000	44 091 000	17 958 000	28 138 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	5 441 000	5 594 000	0	0
Expenditure	26 232 000	8 452 000	4 690 000	26 836 000
Operating Profit	−11 628 000	35 638 000	13 268 000	1 302 000
Financial Income	4 734 000	277 000	1 870 000	909 000
Financial Costs	2 177 000	868 000	490 000	585 000
Financial Balance	2 557 000	−591 000	1 380 000	324 000
Dividends	0	0	0	0
Net Income	−4 381 000	38 824 000	15 805 000	−471 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 513 000	533 000	0	0
Real Eastate	9 500 000	9 500 000	9 500 000	9 500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	31 000	31 000	0
Total Tangible Assets	9 531 000	9 531 000	9 531 000	9 500 000
Total Fiancial Fixed Assets	178 772 000	97 709 000	81 037 000	70 633 000
Total Fixed Assets	193 817 000	107 773 000	90 569 000	80 133 000
Stock	0	0	0	0
Total Investments	117 659 000	186 239 000	123 133 000	95 387 000
Cash, Bank	1 145 000	1 195 000	34 608 000	35 763 000
Total Current Assets	125 568 000	193 175 000	173 275 000	135 340 000
Total Assets	319 385 000	300 948 000	263 844 000	215 473 000
Total Equity	256 500 000	264 669 000	225 175 000	198 385 000
Short-Term Group Debt	60 445 000	33 767 000	1 212 000	1 000
Total Long-Term Debt	0	0	3 277 000	1 993 000
Creditors	2 124 000	2 477 000	53 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 000	34 000	766 000	3 000
Total Current Debt	62 885 000	36 279 000	35 392 000	15 095 000
Total Equity and Debt	319 385 000	300 948 000	263 844 000	215 473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,71 %	14,67 %	7,02 %	−0,24 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	−79,63 %	80,83 %	73,88 %	4,63 %
Current Ratio	2	5,32	4,9	8,97
Quick Ratio	2	5,32	4,9	8,97
Equity Ratio	0,8	0,88	0,85	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %