TVETER & LUND HOLDING AS

3261 LARVIK

Finances

Return on Equity

49,93 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020
Revenue	215 470 000	170 685 000	0
Net Income	14 071 000	3 183 000	6 050 000
Total Assets	90 987 000	54 898 000	25 428 000
Total Equity	28 180 000	22 709 000	18 928 000

Income (NOK)	2022	2021	2020
Revenue	215 470 000	170 685 000	0
Expenditure	198 391 000	167 196 000	0
Operating Profit	17 079 000	3 489 000	0
Financial Income	1 110 000	759 000	6 050 000
Financial Costs	295 000	277 000	0
Financial Balance	815 000	482 000	6 050 000
Earnings Before Tax	17 893 000	3 971 000	6 050 000
Tax	3 822 000	788 000	0
Net Income	14 071 000	3 183 000	6 050 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 375 000	5 999 000	19 278 000
Total Current Assets	84 612 000	48 899 000	6 150 000
Total Assets	90 987 000	54 898 000	25 428 000
Total Retained Equity	7 570 000	2 675 000	50 000
Total Equity	28 180 000	22 709 000	18 928 000
Total Long-Term Debt	2 554 000	719 000	0
Total Current Debt	60 253 000	31 470 000	6 500 000
Total Equity and Debt	90 987 000	54 898 000	25 428 000

Cash flow (NOK)	2022	2021	2020
Sales Income	211 776 000	169 022 000	0
Other Income	3 694 000	1 663 000	0
Revenue	215 470 000	170 685 000	0
Cost of Goods Sold	115 916 000	95 832 000	0
Salary Costs	46 532 000	41 738 000	0
Depreciation	1 805 000	1 938 000	0
Impairment	0	0	0
Expenditure	198 391 000	167 196 000	0
Operating Profit	17 079 000	3 489 000	0
Financial Income	1 110 000	759 000	6 050 000
Financial Costs	295 000	277 000	0
Financial Balance	815 000	482 000	6 050 000
Dividends	8 000 000	1 500 000	6 000 000
Net Income	14 071 000	3 183 000	6 050 000

Balance details (NOK)	2022	2021	2020
Goodwill	96 000	0	0
Total Intangible Assets	96 000	142 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	205 000	169 000	0
Fixtures	4 849 000	4 374 000	0
Total Tangible Assets	5 054 000	4 543 000	0
Total Fiancial Fixed Assets	1 226 000	1 315 000	19 278 000
Total Fixed Assets	6 375 000	5 999 000	19 278 000
Stock	0	12 684 000	0
Total Investments	0	0	0
Cash, Bank	31 837 000	3 529 000	150 000
Total Current Assets	84 612 000	48 899 000	6 150 000
Total Assets	90 987 000	54 898 000	25 428 000
Total Equity	28 180 000	22 709 000	18 928 000
Short-Term Group Debt	0	0	500 000
Total Long-Term Debt	2 554 000	719 000	0
Creditors	18 628 000	16 533 000	0
Unpaid Taxes	9 961 000	2 891 000	0
Dividends	8 000 000	1 500 000	6 000 000
Other Current Debt	21 143 000	6 936 000	0
Total Current Debt	60 253 000	31 470 000	6 500 000
Total Equity and Debt	90 987 000	54 898 000	25 428 000

Financial indicators	2022	2021	2020
Return on Equity	49,93 %	14,02 %	31,96 %
Debt-to-Equity Ratio	0,09	0,03	0
Operating Profit Margin	7,93 %	2,04 %	-
Current Ratio	1,4	1,55	0,95
Quick Ratio	1,4	2,6	0,95
Equity Ratio	0,31	0,41	0,74
Gross Profit Margin	46,2 %	43,85 %	-