TVETER GÅRD FOREDLING AS

1592 VÅLER I ØSTFOLD

Finances

Share Ownership

Return on Equity

27,78 %

Current Ratio

2,59

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020
Revenue	13 797 000	10 257 000	7 737 000
Net Income	2 127 000	1 676 000	−230 000
Total Assets	20 604 000	17 613 000	9 908 000
Total Equity	7 656 000	5 607 000	3 931 000

Income (NOK)	2022	2021	2020
Revenue	13 797 000	10 257 000	7 737 000
Expenditure	10 871 000	7 989 000	8 022 000
Operating Profit	2 927 000	2 268 000	−285 000
Financial Income	16 000	9 000	23 000
Financial Costs	214 000	127 000	33 000
Financial Balance	−198 000	−118 000	−10 000
Earnings Before Tax	2 729 000	2 150 000	−295 000
Tax	602 000	474 000	−65 000
Net Income	2 127 000	1 676 000	−230 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 332 000	12 185 000	5 906 000
Total Current Assets	8 273 000	5 428 000	4 002 000
Total Assets	20 604 000	17 613 000	9 908 000
Total Retained Equity	3 626 000	1 577 000	−99 000
Total Equity	7 656 000	5 607 000	3 931 000
Total Long-Term Debt	9 750 000	9 241 000	3 940 000
Total Current Debt	3 198 000	2 766 000	2 037 000
Total Equity and Debt	20 604 000	17 613 000	9 908 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 503 000	8 982 000	7 737 000
Other Income	1 294 000	1 275 000	0
Revenue	13 797 000	10 257 000	7 737 000
Cost of Goods Sold	5 059 000	4 199 000	5 110 000
Salary Costs	3 225 000	2 585 000	2 018 000
Depreciation	622 000	334 000	156 000
Impairment	0	0	0
Expenditure	10 871 000	7 989 000	8 022 000
Operating Profit	2 927 000	2 268 000	−285 000
Financial Income	16 000	9 000	23 000
Financial Costs	214 000	127 000	33 000
Financial Balance	−198 000	−118 000	−10 000
Dividends	0	0	0
Net Income	2 127 000	1 676 000	−230 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	28 000
Real Eastate	9 946 000	9 911 000	3 785 000
Machinery and Plant Facilities	1 214 000	1 267 000	986 000
Fixtures	1 171 000	1 008 000	1 107 000
Total Tangible Assets	12 332 000	12 185 000	5 878 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	12 332 000	12 185 000	5 906 000
Stock	5 981 000	3 120 000	1 784 000
Total Investments	0	0	0
Cash, Bank	627 000	345 000	1 425 000
Total Current Assets	8 273 000	5 428 000	4 002 000
Total Assets	20 604 000	17 613 000	9 908 000
Total Equity	7 656 000	5 607 000	3 931 000
Short-Term Group Debt	100 000	0	0
Total Long-Term Debt	9 750 000	9 241 000	3 940 000
Creditors	1 519 000	1 018 000	1 496 000
Unpaid Taxes	343 000	167 000	123 000
Dividends	0	0	0
Other Current Debt	730 000	1 435 000	418 000
Total Current Debt	3 198 000	2 766 000	2 037 000
Total Equity and Debt	20 604 000	17 613 000	9 908 000

Financial indicators	2022	2021	2020
Return on Equity	27,78 %	29,89 %	−5,85 %
Debt-to-Equity Ratio	1,27	1,65	1
Operating Profit Margin	21,21 %	22,11 %	−3,68 %
Current Ratio	2,59	1,96	1,96
Quick Ratio	−2,97	−15,33	15,82
Equity Ratio	0,37	0,32	0,4
Gross Profit Margin	63,33 %	59,06 %	33,95 %