TVETER & LUND AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

52,78 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	171 026 000	138 078 000	138 097 000	135 308 000
Net Income	10 935 000	1 369 000	6 925 000	4 567 000
Total Assets	76 689 000	47 482 000	50 491 000	54 544 000
Total Equity	20 717 000	20 021 000	19 752 000	18 827 000

Income (NOK)	2022	2021	2020	2019
Revenue	171 026 000	138 078 000	138 097 000	135 308 000
Expenditure	156 947 000	137 045 000	129 043 000	129 315 000
Operating Profit	14 079 000	1 033 000	9 055 000	5 993 000
Financial Income	189 000	758 000	19 000	8 000
Financial Costs	224 000	220 000	191 000	129 000
Financial Balance	−35 000	538 000	−172 000	−121 000
Earnings Before Tax	14 044 000	1 570 000	8 883 000	5 871 000
Tax	3 109 000	201 000	1 958 000	1 304 000
Net Income	10 935 000	1 369 000	6 925 000	4 567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 243 000	5 357 000	6 854 000	7 267 000
Total Current Assets	71 446 000	42 125 000	43 637 000	47 277 000
Total Assets	76 689 000	47 482 000	50 491 000	54 544 000
Total Retained Equity	16 135 000	15 439 000	15 170 000	14 245 000
Total Equity	20 717 000	20 021 000	19 752 000	18 827 000
Total Long-Term Debt	2 128 000	280 000	590 000	2 245 000
Total Current Debt	53 843 000	27 181 000	30 150 000	33 472 000
Total Equity and Debt	76 689 000	47 482 000	50 491 000	54 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	167 524 000	136 689 000	126 935 000	124 864 000
Other Income	3 501 000	1 390 000	11 162 000	10 444 000
Revenue	171 026 000	138 078 000	138 097 000	135 308 000
Cost of Goods Sold	94 320 000	81 764 000	80 720 000	83 221 000
Salary Costs	34 318 000	31 506 000	26 042 000	22 842 000
Depreciation	1 554 000	1 775 000	1 666 000	1 636 000
Impairment	0	0	0	0
Expenditure	156 947 000	137 045 000	129 043 000	129 315 000
Operating Profit	14 079 000	1 033 000	9 055 000	5 993 000
Financial Income	189 000	758 000	19 000	8 000
Financial Costs	224 000	220 000	191 000	129 000
Financial Balance	−35 000	538 000	−172 000	−121 000
Dividends	10 000 000	1 100 000	6 000 000	4 550 000
Net Income	10 935 000	1 369 000	6 925 000	4 567 000

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	0	0	0	0
Fixtures	4 624 000	4 042 000	4 203 000	3 908 000
Total Tangible Assets	4 624 000	4 042 000	4 203 000	3 908 000
Total Fiancial Fixed Assets	618 000	1 315 000	2 651 000	3 359 000
Total Fixed Assets	5 243 000	5 357 000	6 854 000	7 267 000
Stock	0	12 684 000	9 186 000	16 522 000
Total Investments	0	0	0	0
Cash, Bank	24 597 000	1 072 000	13 770 000	6 287 000
Total Current Assets	71 446 000	42 125 000	43 637 000	47 277 000
Total Assets	76 689 000	47 482 000	50 491 000	54 544 000
Total Equity	20 717 000	20 021 000	19 752 000	18 827 000
Short-Term Group Debt	306 000	0	0	0
Total Long-Term Debt	2 128 000	280 000	590 000	2 245 000
Creditors	14 815 000	15 546 000	12 373 000	11 606 000
Unpaid Taxes	8 875 000	2 133 000	2 879 000	5 551 000
Dividends	10 000 000	1 100 000	6 000 000	4 550 000
Other Current Debt	18 653 000	5 342 000	5 284 000	11 378 000
Total Current Debt	53 843 000	27 181 000	30 150 000	33 472 000
Total Equity and Debt	76 689 000	47 482 000	50 491 000	54 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,78 %	6,84 %	35,06 %	24,26 %
Debt-to-Equity Ratio	0,1	0,01	0,03	0,12
Operating Profit Margin	8,23 %	0,75 %	6,56 %	4,43 %
Current Ratio	1,33	1,55	1,45	1,41
Quick Ratio	1,33	2,91	2,08	2,79
Equity Ratio	0,27	0,42	0,39	0,35
Gross Profit Margin	44,85 %	40,78 %	41,55 %	38,5 %