TVERLANDET VEISERVICE AS

8050 TVERLANDET

Finances

Share Ownership

Return on Equity

264 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	10 649 000	10 720 000	11 814 000	8 778 000
Net Income	396 000	647 000	616 000	687 000
Total Assets	1 541 000	1 980 000	1 784 000	1 644 000
Total Equity	150 000	144 000	97 000	31 000

Income (NOK)	2021	2020	2019	2018
Revenue	10 649 000	10 720 000	11 814 000	8 778 000
Expenditure	10 140 000	9 888 000	11 022 000	7 885 000
Operating Profit	509 000	832 000	791 000	892 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	0	0
Earnings Before Tax	509 000	832 000	791 000	892 000
Tax	112 000	185 000	175 000	206 000
Net Income	396 000	647 000	616 000	687 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	52 000	57 000	35 000	35 000
Total Current Assets	1 489 000	1 923 000	1 749 000	1 609 000
Total Assets	1 541 000	1 980 000	1 784 000	1 644 000
Total Retained Equity	126 000	120 000	73 000	7 000
Total Equity	150 000	144 000	97 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 391 000	1 835 000	1 687 000	1 613 000
Total Equity and Debt	1 541 000	1 980 000	1 784 000	1 644 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	10 428 000	10 437 000	11 414 000	8 593 000
Other Income	222 000	283 000	400 000	185 000
Revenue	10 649 000	10 720 000	11 814 000	8 778 000
Cost of Goods Sold	5 402 000	5 450 000	5 975 000	4 416 000
Salary Costs	3 231 000	3 020 000	3 602 000	2 439 000
Depreciation	5 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	10 140 000	9 888 000	11 022 000	7 885 000
Operating Profit	509 000	832 000	791 000	892 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	0	0
Dividends	390 000	600 000	550 000	680 000
Net Income	396 000	647 000	616 000	687 000

Balance details (NOK)	2021	2020	2019	2018
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	17 000	22 000	0	0
Total Tangible Assets	17 000	22 000	0	0
Total Fiancial Fixed Assets	35 000	35 000	35 000	35 000
Total Fixed Assets	52 000	57 000	35 000	35 000
Stock	581 000	581 000	511 000	540 000
Total Investments	0	0	0	0
Cash, Bank	831 000	1 276 000	1 166 000	662 000
Total Current Assets	1 489 000	1 923 000	1 749 000	1 609 000
Total Assets	1 541 000	1 980 000	1 784 000	1 644 000
Total Equity	150 000	144 000	97 000	31 000
Short-Term Group Debt	0	0	0	10 000
Total Long-Term Debt	0	0	0	0
Creditors	375 000	525 000	309 000	207 000
Unpaid Taxes	209 000	226 000	274 000	240 000
Dividends	390 000	600 000	550 000	680 000
Other Current Debt	303 000	300 000	378 000	270 000
Total Current Debt	1 391 000	1 835 000	1 687 000	1 613 000
Total Equity and Debt	1 541 000	1 980 000	1 784 000	1 644 000

Financial indicators	2021	2020	2019	2018
Return on Equity	264 %	449,31 %	635,05 %	2 216,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,78 %	7,76 %	6,7 %	10,16 %
Current Ratio	1,07	1,05	1,04	1
Quick Ratio	1,84	1,53	1,49	1,5
Equity Ratio	0,1	0,07	0,05	0,02
Gross Profit Margin	49,27 %	49,16 %	49,42 %	49,69 %