TVEIT DESIGN AND ENGINEERING AS

5031 BERGEN

Finances

Share Ownership

Return on Equity

185,54 %

Current Ratio

22,83

Debt-to-Equity Ratio

−10,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 000	198 000	676 000	143 000
Net Income	−3 555 000	−1 570 000	−1 353 000	−1 198 000
Total Assets	19 374 000	24 438 000	3 061 000	2 236 000
Total Equity	−1 916 000	1 325 000	1 163 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 000	198 000	676 000	143 000
Expenditure	3 387 000	2 354 000	2 121 000	1 651 000
Operating Profit	−3 294 000	−2 157 000	−1 445 000	−1 509 000
Financial Income	18 000	184 000	2 000	4 000
Financial Costs	368 000	86 000	17 000	33 000
Financial Balance	−350 000	98 000	−15 000	−29 000
Earnings Before Tax	−3 644 000	−2 058 000	−1 460 000	−1 538 000
Tax	−89 000	−488 000	−107 000	−340 000
Net Income	−3 555 000	−1 570 000	−1 353 000	−1 198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	59 000	131 000	85 000
Total Current Assets	19 333 000	24 379 000	2 930 000	2 151 000
Total Assets	19 374 000	24 438 000	3 061 000	2 236 000
Total Retained Equity	−7 676 000	−4 121 000	−2 551 000	−1 198 000
Total Equity	−1 916 000	1 325 000	1 163 000	91 000
Total Long-Term Debt	20 443 000	22 106 000	1 164 000	2 032 000
Total Current Debt	847 000	1 008 000	735 000	113 000
Total Equity and Debt	19 374 000	24 438 000	3 061 000	2 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 000	198 000	676 000	143 000
Other Income	0	0	0	0
Revenue	94 000	198 000	676 000	143 000
Cost of Goods Sold	0	0	0	281 000
Salary Costs	1 128 000	930 000	715 000	600 000
Depreciation	18 000	27 000	31 000	18 000
Impairment	0	0	0	0
Expenditure	3 387 000	2 354 000	2 121 000	1 651 000
Operating Profit	−3 294 000	−2 157 000	−1 445 000	−1 509 000
Financial Income	18 000	184 000	2 000	4 000
Financial Costs	368 000	86 000	17 000	33 000
Financial Balance	−350 000	98 000	−15 000	−29 000
Dividends	0	0	0	0
Net Income	−3 555 000	−1 570 000	−1 353 000	−1 198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	59 000	131 000	72 000
Total Tangible Assets	41 000	59 000	131 000	72 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	59 000	131 000	85 000
Stock	0	0	0	0
Total Investments	17 823 000	18 850 000	0	0
Cash, Bank	939 000	3 180 000	276 000	477 000
Total Current Assets	19 333 000	24 379 000	2 930 000	2 151 000
Total Assets	19 374 000	24 438 000	3 061 000	2 236 000
Total Equity	−1 916 000	1 325 000	1 163 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 443 000	22 106 000	1 164 000	2 032 000
Creditors	673 000	843 000	558 000	29 000
Unpaid Taxes	70 000	91 000	43 000	81 000
Dividends	0	0	0	0
Other Current Debt	105 000	74 000	133 000	3 000
Total Current Debt	847 000	1 008 000	735 000	113 000
Total Equity and Debt	19 374 000	24 438 000	3 061 000	2 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	185,54 %	−118,49 %	−116,34 %	−1 316,48 %
Debt-to-Equity Ratio	−10,67	16,68	1	22,33
Operating Profit Margin	−3 504,26 %	−1 089,39 %	−213,76 %	−1 055,24 %
Current Ratio	22,83	24,19	3,99	19,04
Quick Ratio	22,83	24,19	3,99	19,04
Equity Ratio	−0,1	0,05	0,38	0,04
Gross Profit Margin	100 %	100 %	100 %	−96,5 %