T.D. VEEN AS

4009 STAVANGER

Finances

Return on Equity

−26,84 %

Current Ratio

24,13

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	−473 732 000	158 847 000	831 236 000	232 909 000
Net Income	−538 445 000	111 314 000	769 798 000	201 933 000
Total Assets	2 113 275 000	2 720 066 000	2 629 785 000	2 225 694 000
Total Equity	2 006 313 000	2 667 894 000	2 546 301 000	2 179 592 000

Income (NOK)	2022	2021	2020	2019
Revenue	−473 732 000	158 847 000	831 236 000	232 909 000
Expenditure	50 577 000	48 392 000	62 562 000	31 074 000
Operating Profit	−524 309 000	110 455 000	768 674 000	201 835 000
Financial Income	6 377 000	1 609 000	2 942 000	1 494 000
Financial Costs	1 209 000	540 000	1 818 000	1 272 000
Financial Balance	5 168 000	1 069 000	1 124 000	222 000
Earnings Before Tax	−519 141 000	111 524 000	769 798 000	202 057 000
Tax	19 304 000	210 000	0	123 000
Net Income	−538 445 000	111 314 000	769 798 000	201 933 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 912 000	191 786 000	284 680 000	345 956 000
Total Current Assets	1 963 363 000	2 528 280 000	2 345 105 000	1 879 738 000
Total Assets	2 113 275 000	2 720 066 000	2 629 785 000	2 225 694 000
Total Retained Equity	1 952 413 000	2 499 236 000	2 492 401 000	1 987 248 000
Total Equity	2 006 313 000	2 667 894 000	2 546 301 000	2 179 592 000
Total Long-Term Debt	25 592 000	1 500 000	0	0
Total Current Debt	81 370 000	50 672 000	83 484 000	46 103 000
Total Equity and Debt	2 113 275 000	2 720 066 000	2 629 785 000	2 225 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	203 700 000	219 000	120 000
Other Income	−473 732 000	−44 853 000	831 017 000	232 789 000
Revenue	−473 732 000	158 847 000	831 236 000	232 909 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 397 000	31 715 000	49 510 000	19 341 000
Depreciation	3 882 000	2 210 000	2 142 000	2 121 000
Impairment	0	0	0	0
Expenditure	50 577 000	48 392 000	62 562 000	31 074 000
Operating Profit	−524 309 000	110 455 000	768 674 000	201 835 000
Financial Income	6 377 000	1 609 000	2 942 000	1 494 000
Financial Costs	1 209 000	540 000	1 818 000	1 272 000
Financial Balance	5 168 000	1 069 000	1 124 000	222 000
Dividends	0	0	0	30 000 000
Net Income	−538 445 000	111 314 000	769 798 000	201 933 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 698 000	14 470 000	8 624 000	8 624 000
Real Eastate	88 197 000	61 110 000	61 235 000	62 772 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 273 000	2 392 000	2 746 000	2 545 000
Total Tangible Assets	91 470 000	63 502 000	63 981 000	65 316 000
Total Fiancial Fixed Assets	35 744 000	113 814 000	212 075 000	272 015 000
Total Fixed Assets	149 912 000	191 786 000	284 680 000	345 956 000
Stock	0	0	0	0
Total Investments	1 811 679 000	2 327 429 000	2 209 928 000	1 827 995 000
Cash, Bank	112 384 000	154 552 000	73 718 000	33 046 000
Total Current Assets	1 963 363 000	2 528 280 000	2 345 105 000	1 879 738 000
Total Assets	2 113 275 000	2 720 066 000	2 629 785 000	2 225 694 000
Total Equity	2 006 313 000	2 667 894 000	2 546 301 000	2 179 592 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 592 000	1 500 000	0	0
Creditors	2 243 000	1 940 000	1 941 000	5 671 000
Unpaid Taxes	3 269 000	2 442 000	1 553 000	1 901 000
Dividends	0	0	0	30 000 000
Other Current Debt	6 519 000	16 079 000	29 990 000	8 531 000
Total Current Debt	81 370 000	50 672 000	83 484 000	46 103 000
Total Equity and Debt	2 113 275 000	2 720 066 000	2 629 785 000	2 225 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,84 %	4,17 %	30,23 %	9,26 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	110,68 %	69,54 %	92,47 %	86,66 %
Current Ratio	24,13	49,9	28,09	40,77
Quick Ratio	24,13	49,9	28,09	40,77
Equity Ratio	0,95	0,98	0,97	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %