TAGTVEDT II BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

−4,09 %

Current Ratio

9,08

Debt-to-Equity Ratio

4,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 908 000	6 888 000	6 772 000	6 750 000
Net Income	−453 000	2 071 000	1 001 000	1 846 000
Total Assets	64 600 000	66 781 000	66 469 000	66 458 000
Total Equity	11 076 000	11 531 000	9 460 000	8 459 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 908 000	6 888 000	6 772 000	6 750 000
Expenditure	5 572 000	3 404 000	4 191 000	3 132 000
Operating Profit	457 000	2 625 000	1 772 000	2 839 000
Financial Income	42 000	30 000	59 000	95 000
Financial Costs	953 000	584 000	830 000	1 088 000
Financial Balance	−911 000	−554 000	−771 000	−993 000
Earnings Before Tax	426 000	2 930 000	1 810 000	2 625 000
Tax	0	0	0	0
Net Income	−453 000	2 071 000	1 001 000	1 846 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 215 000	60 215 000	59 777 000	59 777 000
Total Current Assets	4 386 000	6 566 000	6 692 000	6 681 000
Total Assets	64 600 000	66 781 000	66 469 000	66 458 000
Total Retained Equity	11 064 000	11 518 000	9 448 000	8 447 000
Total Equity	11 076 000	11 531 000	9 460 000	8 459 000
Total Long-Term Debt	53 041 000	54 383 000	55 865 000	57 221 000
Total Current Debt	483 000	867 000	1 144 000	777 000
Total Equity and Debt	64 600 000	66 781 000	66 469 000	66 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 908 000	6 888 000	6 772 000	6 750 000
Other Income	0	0	0	0
Revenue	6 908 000	6 888 000	6 772 000	6 750 000
Cost of Goods Sold	0	0	0	0
Salary Costs	225 000	256 000	372 000	368 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 572 000	3 404 000	4 191 000	3 132 000
Operating Profit	457 000	2 625 000	1 772 000	2 839 000
Financial Income	42 000	30 000	59 000	95 000
Financial Costs	953 000	584 000	830 000	1 088 000
Financial Balance	−911 000	−554 000	−771 000	−993 000
Dividends	0	0	0	0
Net Income	−453 000	2 071 000	1 001 000	1 846 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	60 215 000	60 215 000	59 777 000	59 777 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	60 215 000	60 215 000	59 777 000	59 777 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 215 000	60 215 000	59 777 000	59 777 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 386 000	6 566 000	6 692 000	6 681 000
Total Current Assets	4 386 000	6 566 000	6 692 000	6 681 000
Total Assets	64 600 000	66 781 000	66 469 000	66 458 000
Total Equity	11 076 000	11 531 000	9 460 000	8 459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	53 041 000	54 383 000	55 865 000	57 221 000
Creditors	385 000	802 000	1 100 000	725 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	98 000	65 000	44 000	52 000
Total Current Debt	483 000	867 000	1 144 000	777 000
Total Equity and Debt	64 600 000	66 781 000	66 469 000	66 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,09 %	17,96 %	10,58 %	21,82 %
Debt-to-Equity Ratio	4,79	4,72	5,91	6,76
Operating Profit Margin	6,62 %	38,11 %	26,17 %	42,06 %
Current Ratio	9,08	7,57	5,85	8,6
Quick Ratio	9,08	7,57	5,85	8,6
Equity Ratio	0,17	0,17	0,14	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %