TVEDESTRAND VEKST AS

4900 TVEDESTRAND

Finances

Return on Equity

15,77 %

Current Ratio

10,67

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 153 000	3 431 000	70 000	80 000
Net Income	2 647 000	691 000	77 000	−85 000
Total Assets	27 609 000	33 132 000	13 975 000	13 288 000
Total Equity	16 784 000	14 138 000	10 780 000	10 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 153 000	3 431 000	70 000	80 000
Expenditure	3 190 000	2 367 000	287 000	286 000
Operating Profit	−37 000	1 063 000	−217 000	−206 000
Financial Income	2 949 000	1 000	294 000	121 000
Financial Costs	265 000	344 000	1 000	0
Financial Balance	2 684 000	−343 000	293 000	121 000
Earnings Before Tax	2 647 000	720 000	77 000	−85 000
Tax	0	29 000	0	0
Net Income	2 647 000	691 000	77 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 417 000	26 598 000	11 987 000	11 808 000
Total Current Assets	7 192 000	6 534 000	1 988 000	1 480 000
Total Assets	27 609 000	33 132 000	13 975 000	13 288 000
Total Retained Equity	9 118 000	4 350 000	3 114 000	3 038 000
Total Equity	16 784 000	14 138 000	10 780 000	10 124 000
Total Long-Term Debt	10 151 000	18 607 000	3 133 000	3 083 000
Total Current Debt	674 000	387 000	62 000	81 000
Total Equity and Debt	27 609 000	33 132 000	13 975 000	13 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	70 000	80 000
Other Income	3 153 000	3 431 000	0	0
Revenue	3 153 000	3 431 000	70 000	80 000
Cost of Goods Sold	15 000	24 000	0	0
Salary Costs	152 000	142 000	57 000	60 000
Depreciation	1 147 000	1 354 000	0	0
Impairment	0	0	0	0
Expenditure	3 190 000	2 367 000	287 000	286 000
Operating Profit	−37 000	1 063 000	−217 000	−206 000
Financial Income	2 949 000	1 000	294 000	121 000
Financial Costs	265 000	344 000	1 000	0
Financial Balance	2 684 000	−343 000	293 000	121 000
Dividends	0	0	0	0
Net Income	2 647 000	691 000	77 000	−85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 766 000	24 038 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	91 000	0	0	0
Total Tangible Assets	17 857 000	24 038 000	0	0
Total Fiancial Fixed Assets	2 560 000	2 560 000	11 987 000	11 808 000
Total Fixed Assets	20 417 000	26 598 000	11 987 000	11 808 000
Stock	671 000	619 000	584 000	584 000
Total Investments	0	0	0	0
Cash, Bank	6 084 000	5 017 000	225 000	139 000
Total Current Assets	7 192 000	6 534 000	1 988 000	1 480 000
Total Assets	27 609 000	33 132 000	13 975 000	13 288 000
Total Equity	16 784 000	14 138 000	10 780 000	10 124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 151 000	18 607 000	3 133 000	3 083 000
Creditors	454 000	161 000	55 000	64 000
Unpaid Taxes	7 000	116 000	3 000	14 000
Dividends	0	0	0	0
Other Current Debt	213 000	81 000	4 000	2 000
Total Current Debt	674 000	387 000	62 000	81 000
Total Equity and Debt	27 609 000	33 132 000	13 975 000	13 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,77 %	4,89 %	0,71 %	−0,84 %
Debt-to-Equity Ratio	0,6	1,32	0,29	0,3
Operating Profit Margin	−1,17 %	30,98 %	−310 %	−257,5 %
Current Ratio	10,67	16,88	32,06	18,27
Quick Ratio	2 397,33	−28,16	−3,81	−2,94
Equity Ratio	0,61	0,43	0,77	0,76
Gross Profit Margin	99,52 %	99,3 %	100 %	100 %