TV GULVAVRETTING AS

2647 SØR-FRON

Finances

Share Ownership

Return on Equity

41,64 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 334 000	47 552 000	14 374 000	0
Net Income	1 113 000	2 317 000	756 000	−13 000
Total Assets	13 202 000	15 133 000	5 615 000	498 000
Total Equity	2 673 000	1 560 000	743 000	487 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 334 000	47 552 000	14 374 000	0
Expenditure	33 924 000	44 717 000	13 405 000	17 000
Operating Profit	1 454 000	3 005 000	969 000	−17 000
Financial Income	−1 000	0	0	0
Financial Costs	27 000	35 000	0	0
Financial Balance	−28 000	−35 000	0	0
Earnings Before Tax	1 427 000	2 970 000	969 000	−17 000
Tax	314 000	653 000	213 000	−4 000
Net Income	1 113 000	2 317 000	756 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	587 000	786 000	69 000	4 000
Total Current Assets	12 615 000	14 347 000	5 545 000	494 000
Total Assets	13 202 000	15 133 000	5 615 000	498 000
Total Retained Equity	2 173 000	1 060 000	243 000	−13 000
Total Equity	2 673 000	1 560 000	743 000	487 000
Total Long-Term Debt	641 000	727 000	0	0
Total Current Debt	9 888 000	12 846 000	4 872 000	11 000
Total Equity and Debt	13 202 000	15 133 000	5 615 000	498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 552 000	47 510 000	14 374 000	0
Other Income	−218 000	42 000	0	0
Revenue	35 334 000	47 552 000	14 374 000	0
Cost of Goods Sold	25 118 000	34 943 000	10 198 000	0
Salary Costs	6 041 000	7 536 000	2 255 000	0
Depreciation	198 000	154 000	24 000	0
Impairment	0	0	0	0
Expenditure	33 924 000	44 717 000	13 405 000	17 000
Operating Profit	1 454 000	3 005 000	969 000	−17 000
Financial Income	−1 000	0	0	0
Financial Costs	27 000	35 000	0	0
Financial Balance	−28 000	−35 000	0	0
Dividends	0	1 500 000	500 000	0
Net Income	1 113 000	2 317 000	756 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	554 000	752 000	68 000	0
Total Tangible Assets	554 000	752 000	68 000	0
Total Fiancial Fixed Assets	34 000	34 000	0	0
Total Fixed Assets	587 000	786 000	69 000	4 000
Stock	215 000	170 000	0	0
Total Investments	0	0	0	0
Cash, Bank	4 464 000	6 841 000	3 628 000	494 000
Total Current Assets	12 615 000	14 347 000	5 545 000	494 000
Total Assets	13 202 000	15 133 000	5 615 000	498 000
Total Equity	2 673 000	1 560 000	743 000	487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	641 000	727 000	0	0
Creditors	6 919 000	7 129 000	3 052 000	0
Unpaid Taxes	947 000	1 005 000	364 000	0
Dividends	0	1 500 000	500 000	0
Other Current Debt	1 828 000	2 572 000	745 000	11 000
Total Current Debt	9 888 000	12 846 000	4 872 000	11 000
Total Equity and Debt	13 202 000	15 133 000	5 615 000	498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,64 %	148,53 %	101,75 %	−2,67 %
Debt-to-Equity Ratio	0,24	0,47	0	0
Operating Profit Margin	4,12 %	6,32 %	6,74 %	-
Current Ratio	1,28	1,12	1,14	44,91
Quick Ratio	1,3	1,13	1,14	44,91
Equity Ratio	0,2	0,1	0,13	0,98
Gross Profit Margin	28,91 %	26,52 %	29,05 %	-