TVETERAAS EIENDOMSSELSKAP AS

4005 STAVANGER

Finances

Return on Equity

17,14 %

Current Ratio

3,29

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 157 000	19 347 000	17 792 000	16 685 000
Net Income	14 012 000	16 447 000	15 699 000	14 897 000
Total Assets	160 623 000	85 122 000	83 708 000	68 724 000
Total Equity	81 760 000	68 949 000	53 625 000	46 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 157 000	19 347 000	17 792 000	16 685 000
Expenditure	8 939 000	8 084 000	7 459 000	6 978 000
Operating Profit	11 218 000	11 263 000	10 332 000	9 707 000
Financial Income	8 058 000	10 017 000	9 964 000	9 936 000
Financial Costs	1 309 000	192 000	170 000	543 000
Financial Balance	6 749 000	9 825 000	9 794 000	9 393 000
Earnings Before Tax	17 967 000	21 088 000	20 127 000	19 100 000
Tax	3 954 000	4 641 000	4 428 000	4 204 000
Net Income	14 012 000	16 447 000	15 699 000	14 897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 814 000	41 868 000	41 818 000	42 085 000
Total Current Assets	53 809 000	43 254 000	41 891 000	26 639 000
Total Assets	160 623 000	85 122 000	83 708 000	68 724 000
Total Retained Equity	65 427 000	52 615 000	37 291 000	30 286 000
Total Equity	81 760 000	68 949 000	53 625 000	46 619 000
Total Long-Term Debt	62 507 000	2 820 000	2 946 000	6 549 000
Total Current Debt	16 356 000	13 353 000	27 137 000	15 556 000
Total Equity and Debt	160 623 000	85 122 000	83 708 000	68 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	20 157 000	19 347 000	17 792 000	16 685 000
Revenue	20 157 000	19 347 000	17 792 000	16 685 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 414 000	2 076 000	1 841 000	1 936 000
Depreciation	524 000	578 000	559 000	505 000
Impairment	0	0	0	0
Expenditure	8 939 000	8 084 000	7 459 000	6 978 000
Operating Profit	11 218 000	11 263 000	10 332 000	9 707 000
Financial Income	8 058 000	10 017 000	9 964 000	9 936 000
Financial Costs	1 309 000	192 000	170 000	543 000
Financial Balance	6 749 000	9 825 000	9 794 000	9 393 000
Dividends	0	0	0	0
Net Income	14 012 000	16 447 000	15 699 000	14 897 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 726 000	32 191 000	32 063 000	32 433 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 115 000	1 089 000	1 167 000	1 064 000
Total Tangible Assets	32 841 000	33 280 000	33 229 000	33 496 000
Total Fiancial Fixed Assets	73 973 000	8 588 000	8 588 000	8 588 000
Total Fixed Assets	106 814 000	41 868 000	41 818 000	42 085 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	828 000	68 000	13 298 000	6 662 000
Total Current Assets	53 809 000	43 254 000	41 891 000	26 639 000
Total Assets	160 623 000	85 122 000	83 708 000	68 724 000
Total Equity	81 760 000	68 949 000	53 625 000	46 619 000
Short-Term Group Debt	5 954 000	1 440 000	11 145 000	514 000
Total Long-Term Debt	62 507 000	2 820 000	2 946 000	6 549 000
Creditors	342 000	181 000	405 000	405 000
Unpaid Taxes	142 000	137 000	119 000	119 000
Dividends	0	0	0	0
Other Current Debt	7 149 000	7 310 000	13 533 000	10 384 000
Total Current Debt	16 356 000	13 353 000	27 137 000	15 556 000
Total Equity and Debt	160 623 000	85 122 000	83 708 000	68 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,14 %	23,85 %	29,28 %	31,95 %
Debt-to-Equity Ratio	0,76	0,04	0,05	0,14
Operating Profit Margin	55,65 %	58,22 %	58,07 %	58,18 %
Current Ratio	3,29	3,24	1,54	1,71
Quick Ratio	3,29	3,24	1,54	1,71
Equity Ratio	0,51	0,81	0,64	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %