TVECO AS

0278 OSLO

Finances

Return on Equity

12,13 %

Current Ratio

1,69

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	873 398 000	807 608 000	701 968 000	7 035 000
Net Income	86 714 000	93 273 000	101 043 000	15 582 000
Total Assets	2 245 509 000	1 850 229 000	1 544 885 000	528 619 000
Total Equity	714 836 000	672 553 000	620 984 000	3 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	873 398 000	807 608 000	701 968 000	7 035 000
Expenditure	710 346 000	647 350 000	595 210 000	3 011 000
Operating Profit	163 052 000	160 258 000	106 758 000	4 023 000
Financial Income	13 140 000	44 936 000	60 944 000	29 729 000
Financial Costs	59 144 000	80 139 000	43 542 000	14 528 000
Financial Balance	−46 004 000	−35 203 000	17 402 000	15 201 000
Earnings Before Tax	117 048 000	125 056 000	124 160 000	19 225 000
Tax	30 334 000	31 783 000	23 117 000	3 643 000
Net Income	86 714 000	93 273 000	101 043 000	15 582 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 647 794 000	1 323 994 000	919 876 000	318 927 000
Total Current Assets	597 715 000	526 235 000	625 009 000	209 693 000
Total Assets	2 245 509 000	1 850 229 000	1 544 885 000	528 619 000
Total Retained Equity	662 405 000	628 438 000	585 702 000	2 609 000
Total Equity	714 836 000	672 553 000	620 984 000	3 329 000
Total Long-Term Debt	1 177 351 000	937 893 000	607 301 000	109 988 000
Total Current Debt	353 323 000	239 784 000	316 600 000	415 302 000
Total Equity and Debt	2 245 509 000	1 850 229 000	1 544 885 000	528 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	873 398 000	807 608 000	701 968 000	7 035 000
Revenue	873 398 000	807 608 000	701 968 000	7 035 000
Cost of Goods Sold	516 222 000	484 357 000	454 974 000	0
Salary Costs	54 696 000	45 796 000	39 595 000	166 000
Depreciation	39 513 000	32 546 000	24 713 000	0
Impairment	0	0	0	0
Expenditure	710 346 000	647 350 000	595 210 000	3 011 000
Operating Profit	163 052 000	160 258 000	106 758 000	4 023 000
Financial Income	13 140 000	44 936 000	60 944 000	29 729 000
Financial Costs	59 144 000	80 139 000	43 542 000	14 528 000
Financial Balance	−46 004 000	−35 203 000	17 402 000	15 201 000
Dividends	20 000 000	0	0	0
Net Income	86 714 000	93 273 000	101 043 000	15 582 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	480 000	2 199 000	4 412 000	0
Total Intangible Assets	480 000	2 239 000	4 452 000	7 567 000
Real Eastate	1 551 179 000	1 249 925 000	854 736 000	33 903 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 551 179 000	1 249 925 000	854 736 000	33 903 000
Total Fiancial Fixed Assets	96 135 000	71 830 000	60 688 000	277 457 000
Total Fixed Assets	1 647 794 000	1 323 994 000	919 876 000	318 927 000
Stock	139 733 000	130 491 000	120 267 000	0
Total Investments	91 021 000	43 132 000	113 529 000	155 832 000
Cash, Bank	116 937 000	134 082 000	192 256 000	5 141 000
Total Current Assets	597 715 000	526 235 000	625 009 000	209 693 000
Total Assets	2 245 509 000	1 850 229 000	1 544 885 000	528 619 000
Total Equity	714 836 000	672 553 000	620 984 000	3 329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 177 351 000	937 893 000	607 301 000	109 988 000
Creditors	72 641 000	0	0	5 000
Unpaid Taxes	59 704 000	45 676 000	47 891 000	45 000
Dividends	20 000 000	0	0	0
Other Current Debt	191 058 000	166 481 000	251 111 000	399 374 000
Total Current Debt	353 323 000	239 784 000	316 600 000	415 302 000
Total Equity and Debt	2 245 509 000	1 850 229 000	1 544 885 000	528 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,13 %	13,87 %	16,27 %	468,07 %
Debt-to-Equity Ratio	1,65	1,39	0,98	33,04
Operating Profit Margin	18,67 %	19,84 %	15,21 %	57,19 %
Current Ratio	1,69	2,19	1,97	0,5
Quick Ratio	2,8	4,81	3,18	0,5
Equity Ratio	0,32	0,36	0,4	0,01
Gross Profit Margin	40,89 %	40,03 %	35,19 %	100 %