TJØSTOLVSEN AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

32,71 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 889 000	66 267 000	58 102 000	54 004 000
Net Income	4 757 000	7 526 000	3 094 000	3 162 000
Total Assets	30 340 000	34 666 000	26 587 000	24 123 000
Total Equity	14 544 000	9 787 000	7 860 000	7 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 889 000	66 267 000	58 102 000	54 004 000
Expenditure	60 822 000	56 927 000	54 361 000	50 005 000
Operating Profit	6 067 000	9 341 000	3 741 000	4 000 000
Financial Income	157 000	345 000	260 000	127 000
Financial Costs	109 000	33 000	24 000	22 000
Financial Balance	48 000	312 000	236 000	105 000
Earnings Before Tax	6 115 000	9 653 000	3 977 000	4 105 000
Tax	1 358 000	2 127 000	883 000	944 000
Net Income	4 757 000	7 526 000	3 094 000	3 162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 978 000	761 000	249 000	313 000
Total Current Assets	27 362 000	33 905 000	26 338 000	23 811 000
Total Assets	30 340 000	34 666 000	26 587 000	24 123 000
Total Retained Equity	12 344 000	7 587 000	5 660 000	5 066 000
Total Equity	14 544 000	9 787 000	7 860 000	7 266 000
Total Long-Term Debt	28 000	82 000	164 000	245 000
Total Current Debt	15 769 000	24 798 000	18 563 000	16 612 000
Total Equity and Debt	30 340 000	34 666 000	26 587 000	24 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 889 000	66 267 000	58 102 000	54 004 000
Other Income	0	0	0	0
Revenue	66 889 000	66 267 000	58 102 000	54 004 000
Cost of Goods Sold	30 258 000	28 948 000	26 106 000	22 138 000
Salary Costs	16 620 000	16 796 000	18 312 000	17 621 000
Depreciation	424 000	157 000	99 000	96 000
Impairment	0	0	0	0
Expenditure	60 822 000	56 927 000	54 361 000	50 005 000
Operating Profit	6 067 000	9 341 000	3 741 000	4 000 000
Financial Income	157 000	345 000	260 000	127 000
Financial Costs	109 000	33 000	24 000	22 000
Financial Balance	48 000	312 000	236 000	105 000
Dividends	0	0	2 500 000	2 500 000
Net Income	4 757 000	7 526 000	3 094 000	3 162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	270 000	212 000	40 000	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 113 000	23 000	0	0
Fixtures	596 000	526 000	209 000	273 000
Total Tangible Assets	2 709 000	548 000	209 000	273 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 978 000	761 000	249 000	313 000
Stock	10 481 000	8 253 000	7 217 000	8 855 000
Total Investments	0	0	0	0
Cash, Bank	10 751 000	22 257 000	15 242 000	12 849 000
Total Current Assets	27 362 000	33 905 000	26 338 000	23 811 000
Total Assets	30 340 000	34 666 000	26 587 000	24 123 000
Total Equity	14 544 000	9 787 000	7 860 000	7 266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 000	82 000	164 000	245 000
Creditors	8 138 000	6 812 000	4 660 000	5 268 000
Unpaid Taxes	3 417 000	2 343 000	4 088 000	2 116 000
Dividends	0	0	2 500 000	2 500 000
Other Current Debt	3 096 000	7 744 000	6 432 000	5 791 000
Total Current Debt	15 769 000	24 798 000	18 563 000	16 612 000
Total Equity and Debt	30 340 000	34 666 000	26 587 000	24 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,71 %	76,9 %	39,36 %	43,52 %
Debt-to-Equity Ratio	0	0,01	0,02	0,03
Operating Profit Margin	9,07 %	14,1 %	6,44 %	7,41 %
Current Ratio	1,74	1,37	1,42	1,43
Quick Ratio	5,17	2,05	2,32	3,07
Equity Ratio	0,48	0,28	0,3	0,3
Gross Profit Margin	54,76 %	56,32 %	55,07 %	59,01 %