TVEITAHAUGEN BORETTSLAG

5750 ODDA

Finances

Share Ownership

Return on Equity

58,5 %

Current Ratio

6,85

Debt-to-Equity Ratio

−1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 392 000	1 198 000	1 003 000	938 000
Net Income	−3 931 000	−466 000	225 000	−9 000
Total Assets	1 227 000	5 308 000	891 000	745 000
Total Equity	−6 720 000	−2 789 000	−2 323 000	−2 548 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 392 000	1 198 000	1 003 000	938 000
Expenditure	5 111 000	1 559 000	717 000	853 000
Operating Profit	−3 720 000	−361 000	286 000	86 000
Financial Income	17 000	18 000	18 000	15 000
Financial Costs	229 000	123 000	78 000	110 000
Financial Balance	−212 000	−105 000	−60 000	−95 000
Earnings Before Tax	−3 931 000	−466 000	225 000	−9 000
Tax	0	0	0	0
Net Income	−3 931 000	−466 000	225 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	432 000	432 000	432 000	432 000
Total Current Assets	795 000	4 876 000	459 000	313 000
Total Assets	1 227 000	5 308 000	891 000	745 000
Total Retained Equity	−6 720 000	−2 789 000	−2 323 000	−2 548 000
Total Equity	−6 720 000	−2 789 000	−2 323 000	−2 548 000
Total Long-Term Debt	7 831 000	7 996 000	3 163 000	3 250 000
Total Current Debt	116 000	101 000	51 000	43 000
Total Equity and Debt	1 227 000	5 308 000	891 000	745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 392 000	1 198 000	1 003 000	938 000
Revenue	1 392 000	1 198 000	1 003 000	938 000
Cost of Goods Sold	0	0	0	0
Salary Costs	55 000	14 000	16 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 111 000	1 559 000	717 000	853 000
Operating Profit	−3 720 000	−361 000	286 000	86 000
Financial Income	17 000	18 000	18 000	15 000
Financial Costs	229 000	123 000	78 000	110 000
Financial Balance	−212 000	−105 000	−60 000	−95 000
Dividends	0	0	0	0
Net Income	−3 931 000	−466 000	225 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	432 000	432 000	432 000	432 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	432 000	432 000	432 000	432 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	432 000	432 000	432 000	432 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	728 000	4 801 000	338 000	231 000
Total Current Assets	795 000	4 876 000	459 000	313 000
Total Assets	1 227 000	5 308 000	891 000	745 000
Total Equity	−6 720 000	−2 789 000	−2 323 000	−2 548 000
Short-Term Group Debt	0	0	0	2 000
Total Long-Term Debt	7 831 000	7 996 000	3 163 000	3 250 000
Creditors	87 000	87 000	34 000	1 000
Unpaid Taxes	0	0	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	30 000	14 000	16 000	40 000
Total Current Debt	116 000	101 000	51 000	43 000
Total Equity and Debt	1 227 000	5 308 000	891 000	745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,5 %	16,71 %	−9,69 %	0,35 %
Debt-to-Equity Ratio	−1,17	−2,87	−1,36	−1,28
Operating Profit Margin	−267,24 %	−30,13 %	28,51 %	9,17 %
Current Ratio	6,85	48,28	9	7,28
Quick Ratio	6,85	48,28	9	7,28
Equity Ratio	−5,48	−0,53	−2,61	−3,42
Gross Profit Margin	100 %	100 %	100 %	100 %