TV VEST HORDALAND AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

−8,26 %

Current Ratio

Debt-to-Equity Ratio

−1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	177 000	272 000	619 000	1 186 000
Net Income	28 000	−5 000	16 000	−44 000
Total Assets	130 000	140 000	167 000	211 000
Total Equity	−339 000	−367 000	−362 000	−378 000

Income (NOK)	2022	2021	2020	2019
Revenue	177 000	272 000	619 000	1 186 000
Expenditure	149 000	277 000	604 000	1 230 000
Operating Profit	28 000	−5 000	15 000	−44 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	28 000	−5 000	16 000	−44 000
Tax	0	0	0	0
Net Income	28 000	−5 000	16 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	130 000	140 000	167 000	211 000
Total Assets	130 000	140 000	167 000	211 000
Total Retained Equity	−369 000	−397 000	−392 000	−408 000
Total Equity	−339 000	−367 000	−362 000	−378 000
Total Long-Term Debt	403 000	403 000	293 000	317 000
Total Current Debt	65 000	104 000	235 000	272 000
Total Equity and Debt	130 000	140 000	167 000	211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	177 000	272 000	619 000	1 186 000
Other Income	0	0	0	0
Revenue	177 000	272 000	619 000	1 186 000
Cost of Goods Sold	81 000	8 000	397 000	252 000
Salary Costs	19 000	208 000	141 000	852 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	149 000	277 000	604 000	1 230 000
Operating Profit	28 000	−5 000	15 000	−44 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	28 000	−5 000	16 000	−44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	99 000	138 000	211 000
Total Current Assets	130 000	140 000	167 000	211 000
Total Assets	130 000	140 000	167 000	211 000
Total Equity	−339 000	−367 000	−362 000	−378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	403 000	403 000	293 000	317 000
Creditors	9 000	14 000	161 000	40 000
Unpaid Taxes	3 000	20 000	2 000	83 000
Dividends	0	0	0	0
Other Current Debt	53 000	71 000	72 000	148 000
Total Current Debt	65 000	104 000	235 000	272 000
Total Equity and Debt	130 000	140 000	167 000	211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,26 %	1,36 %	−4,42 %	11,64 %
Debt-to-Equity Ratio	−1,19	−1,1	−0,81	−0,84
Operating Profit Margin	15,82 %	−1,84 %	2,42 %	−3,71 %
Current Ratio	2	1,35	0,71	0,78
Quick Ratio	2	1,35	0,71	0,78
Equity Ratio	−2,61	−2,62	−2,17	−1,79
Gross Profit Margin	54,24 %	97,06 %	35,86 %	78,75 %