TEIEN SAG OG HØVLERI AS

3070 SANDE I VESTFOLD

Finances

Return on Equity

11,87 %

Current Ratio

8,6

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 812 000	56 539 000	56 369 000	43 047 000
Net Income	4 479 000	6 439 000	4 982 000	3 130 000
Total Assets	55 573 000	51 835 000	47 872 000	40 440 000
Total Equity	37 725 000	34 296 000	31 435 000	27 504 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 812 000	56 539 000	56 369 000	43 047 000
Expenditure	51 356 000	48 942 000	51 140 000	40 220 000
Operating Profit	5 456 000	7 597 000	5 229 000	2 827 000
Financial Income	338 000	554 000	971 000	1 081 000
Financial Costs	81 000	25 000	57 000	106 000
Financial Balance	257 000	529 000	914 000	975 000
Earnings Before Tax	5 713 000	8 127 000	6 143 000	3 802 000
Tax	1 234 000	1 688 000	1 161 000	673 000
Net Income	4 479 000	6 439 000	4 982 000	3 130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	103 000	120 000	171 000
Total Current Assets	55 508 000	51 733 000	47 751 000	40 269 000
Total Assets	55 573 000	51 835 000	47 872 000	40 440 000
Total Retained Equity	37 403 000	33 974 000	31 113 000	27 182 000
Total Equity	37 725 000	34 296 000	31 435 000	27 504 000
Total Long-Term Debt	11 394 000	10 489 000	9 583 000	8 353 000
Total Current Debt	6 455 000	7 050 000	6 853 000	4 584 000
Total Equity and Debt	55 573 000	51 835 000	47 872 000	40 440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 812 000	56 539 000	56 369 000	43 047 000
Other Income	0	0	0	0
Revenue	56 812 000	56 539 000	56 369 000	43 047 000
Cost of Goods Sold	42 854 000	40 511 000	42 503 000	32 488 000
Salary Costs	5 604 000	5 665 000	5 887 000	5 097 000
Depreciation	38 000	53 000	51 000	51 000
Impairment	0	0	0	0
Expenditure	51 356 000	48 942 000	51 140 000	40 220 000
Operating Profit	5 456 000	7 597 000	5 229 000	2 827 000
Financial Income	338 000	554 000	971 000	1 081 000
Financial Costs	81 000	25 000	57 000	106 000
Financial Balance	257 000	529 000	914 000	975 000
Dividends	1 050 000	1 050 000	1 050 000	525 000
Net Income	4 479 000	6 439 000	4 982 000	3 130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 000	16 000	27 000	38 000
Machinery and Plant Facilities	60 000	87 000	65 000	83 000
Fixtures	0	0	29 000	51 000
Total Tangible Assets	65 000	103 000	120 000	171 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 000	103 000	120 000	171 000
Stock	9 510 000	8 424 000	7 091 000	6 396 000
Total Investments	16 559 000	15 430 000	17 128 000	16 378 000
Cash, Bank	21 344 000	21 589 000	16 516 000	12 444 000
Total Current Assets	55 508 000	51 733 000	47 751 000	40 269 000
Total Assets	55 573 000	51 835 000	47 872 000	40 440 000
Total Equity	37 725 000	34 296 000	31 435 000	27 504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 394 000	10 489 000	9 583 000	8 353 000
Creditors	2 803 000	2 438 000	3 090 000	2 044 000
Unpaid Taxes	855 000	1 146 000	801 000	775 000
Dividends	1 050 000	1 050 000	1 050 000	525 000
Other Current Debt	513 000	728 000	750 000	567 000
Total Current Debt	6 455 000	7 050 000	6 853 000	4 584 000
Total Equity and Debt	55 573 000	51 835 000	47 872 000	40 440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,87 %	18,77 %	15,85 %	11,38 %
Debt-to-Equity Ratio	0,3	0,31	0,3	0,3
Operating Profit Margin	9,6 %	13,44 %	9,28 %	6,57 %
Current Ratio	8,6	7,34	6,97	8,78
Quick Ratio	−18,17	−37,65	−200,63	−22,22
Equity Ratio	0,68	0,66	0,66	0,68
Gross Profit Margin	24,57 %	28,35 %	24,6 %	24,53 %