BRØDRENE TVEITEN MASKIN AS

4747 VALLE

Finances

Return on Equity

39,93 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 632 000	9 091 000	5 477 000	4 336 000
Net Income	1 758 000	1 583 000	490 000	542 000
Total Assets	10 153 000	6 405 000	2 888 000	2 126 000
Total Equity	4 403 000	2 645 000	1 062 000	572 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 632 000	9 091 000	5 477 000	4 336 000
Expenditure	11 307 000	7 036 000	4 827 000	3 649 000
Operating Profit	2 326 000	2 055 000	650 000	687 000
Financial Income	21 000	12 000	3 000	0
Financial Costs	91 000	38 000	25 000	1 000
Financial Balance	−70 000	−26 000	−22 000	−1 000
Earnings Before Tax	2 256 000	2 029 000	629 000	686 000
Tax	497 000	447 000	139 000	144 000
Net Income	1 758 000	1 583 000	490 000	542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 216 000	4 116 000	1 275 000	936 000
Total Current Assets	2 937 000	2 289 000	1 613 000	1 189 000
Total Assets	10 153 000	6 405 000	2 888 000	2 126 000
Total Retained Equity	4 343 000	2 585 000	1 002 000	542 000
Total Equity	4 403 000	2 645 000	1 062 000	572 000
Total Long-Term Debt	3 132 000	1 755 000	335 000	26 000
Total Current Debt	2 618 000	2 005 000	1 491 000	1 528 000
Total Equity and Debt	10 153 000	6 405 000	2 888 000	2 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 995 000	8 691 000	5 212 000	4 271 000
Other Income	1 637 000	400 000	265 000	65 000
Revenue	13 632 000	9 091 000	5 477 000	4 336 000
Cost of Goods Sold	2 181 000	887 000	973 000	208 000
Salary Costs	2 879 000	2 332 000	1 017 000	1 114 000
Depreciation	668 000	331 000	145 000	99 000
Impairment	0	0	0	0
Expenditure	11 307 000	7 036 000	4 827 000	3 649 000
Operating Profit	2 326 000	2 055 000	650 000	687 000
Financial Income	21 000	12 000	3 000	0
Financial Costs	91 000	38 000	25 000	1 000
Financial Balance	−70 000	−26 000	−22 000	−1 000
Dividends	0	0	0	0
Net Income	1 758 000	1 583 000	490 000	542 000

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	5 055 000	1 835 000	817 000	374 000
Fixtures	1 621 000	1 881 000	200 000	213 000
Total Tangible Assets	6 676 000	3 716 000	1 017 000	587 000
Total Fiancial Fixed Assets	540 000	400 000	257 000	350 000
Total Fixed Assets	7 216 000	4 116 000	1 275 000	936 000
Stock	433 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	732 000	1 039 000	809 000	328 000
Total Current Assets	2 937 000	2 289 000	1 613 000	1 189 000
Total Assets	10 153 000	6 405 000	2 888 000	2 126 000
Total Equity	4 403 000	2 645 000	1 062 000	572 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 132 000	1 755 000	335 000	26 000
Creditors	774 000	478 000	547 000	521 000
Unpaid Taxes	273 000	334 000	132 000	178 000
Dividends	0	0	0	0
Other Current Debt	1 443 000	939 000	714 000	711 000
Total Current Debt	2 618 000	2 005 000	1 491 000	1 528 000
Total Equity and Debt	10 153 000	6 405 000	2 888 000	2 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,93 %	59,85 %	46,14 %	94,76 %
Debt-to-Equity Ratio	0,71	0,66	0,32	0,05
Operating Profit Margin	17,06 %	22,6 %	11,87 %	15,84 %
Current Ratio	1,12	1,14	1,08	0,78
Quick Ratio	1,34	1,14	1,08	0,78
Equity Ratio	0,43	0,41	0,37	0,27
Gross Profit Margin	84 %	90,24 %	82,23 %	95,2 %