TVETERAAS HOLDING AS

4005 STAVANGER

Finances

Return on Equity

1,65 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 074 000	69 739 000	46 335 000	52 857 000
Net Income	4 504 000	51 204 000	34 358 000	14 024 000
Total Assets	375 314 000	356 940 000	303 060 000	277 601 000
Total Equity	272 309 000	299 559 000	267 645 000	239 959 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 074 000	69 739 000	46 335 000	52 857 000
Expenditure	42 868 000	17 164 000	13 491 000	36 204 000
Operating Profit	1 206 000	52 575 000	32 844 000	16 653 000
Financial Income	7 725 000	887 000	5 496 000	4 859 000
Financial Costs	6 365 000	1 495 000	786 000	1 274 000
Financial Balance	1 360 000	−608 000	4 710 000	3 585 000
Earnings Before Tax	2 566 000	51 966 000	37 554 000	20 237 000
Tax	−1 938 000	762 000	3 196 000	6 213 000
Net Income	4 504 000	51 204 000	34 358 000	14 024 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 646 000	155 176 000	143 058 000	130 770 000
Total Current Assets	136 668 000	201 764 000	160 001 000	146 831 000
Total Assets	375 314 000	356 940 000	303 060 000	277 601 000
Total Retained Equity	234 610 000	261 860 000	229 945 000	202 260 000
Total Equity	272 309 000	299 559 000	267 645 000	239 959 000
Total Long-Term Debt	0	4 540 000	8 531 000	10 913 000
Total Current Debt	103 005 000	52 841 000	26 884 000	26 728 000
Total Equity and Debt	375 314 000	356 940 000	303 060 000	277 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 467 000	0	40 311 000	0
Other Income	21 607 000	69 739 000	6 024 000	52 857 000
Revenue	44 074 000	69 739 000	46 335 000	52 857 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 414 000	2 076 000	1 841 000	1 936 000
Depreciation	1 508 000	1 554 000	1 555 000	1 520 000
Impairment	0	0	0	0
Expenditure	42 868 000	17 164 000	13 491 000	36 204 000
Operating Profit	1 206 000	52 575 000	32 844 000	16 653 000
Financial Income	7 725 000	887 000	5 496 000	4 859 000
Financial Costs	6 365 000	1 495 000	786 000	1 274 000
Financial Balance	1 360 000	−608 000	4 710 000	3 585 000
Dividends	0	0	9 000 000	9 800 000
Net Income	4 504 000	51 204 000	34 358 000	14 024 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	457 000	0	0	0
Real Eastate	118 357 000	57 311 000	58 082 000	59 448 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 147 000	1 120 000	1 198 000	1 064 000
Total Tangible Assets	119 503 000	58 432 000	59 280 000	60 512 000
Total Fiancial Fixed Assets	118 686 000	96 744 000	83 778 000	70 258 000
Total Fixed Assets	238 646 000	155 176 000	143 058 000	130 770 000
Stock	0	0	0	0
Total Investments	117 659 000	186 239 000	123 133 000	99 137 000
Cash, Bank	2 173 000	1 266 000	25 575 000	41 199 000
Total Current Assets	136 668 000	201 764 000	160 001 000	146 831 000
Total Assets	375 314 000	356 940 000	303 060 000	277 601 000
Total Equity	272 309 000	299 559 000	267 645 000	239 959 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 540 000	8 531 000	10 913 000
Creditors	3 490 000	692 000	1 124 000	818 000
Unpaid Taxes	206 000	257 000	268 000	266 000
Dividends	0	0	9 000 000	9 800 000
Other Current Debt	8 122 000	28 608 000	14 556 000	10 607 000
Total Current Debt	103 005 000	52 841 000	26 884 000	26 728 000
Total Equity and Debt	375 314 000	356 940 000	303 060 000	277 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,65 %	17,09 %	12,84 %	5,84 %
Debt-to-Equity Ratio	0	0,02	0,03	0,05
Operating Profit Margin	2,74 %	75,39 %	70,88 %	31,51 %
Current Ratio	1,33	3,82	5,95	5,49
Quick Ratio	1,33	3,82	5,95	5,49
Equity Ratio	0,73	0,84	0,88	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %