TVEIT AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

10,75 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 861 000	91 577 000	67 005 000	65 183 000
Net Income	644 000	4 505 000	4 175 000	3 291 000
Total Assets	30 383 000	64 200 000	49 282 000	33 318 000
Total Equity	5 993 000	5 349 000	5 472 000	5 485 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 861 000	91 577 000	67 005 000	65 183 000
Expenditure	63 971 000	86 125 000	61 796 000	61 100 000
Operating Profit	890 000	5 451 000	5 210 000	4 083 000
Financial Income	170 000	348 000	230 000	251 000
Financial Costs	211 000	7 000	72 000	109 000
Financial Balance	−41 000	341 000	158 000	142 000
Earnings Before Tax	849 000	5 792 000	5 368 000	4 225 000
Tax	205 000	1 286 000	1 193 000	934 000
Net Income	644 000	4 505 000	4 175 000	3 291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 514 000	6 117 000	10 481 000	7 084 000
Total Current Assets	24 869 000	58 082 000	38 800 000	26 234 000
Total Assets	30 383 000	64 200 000	49 282 000	33 318 000
Total Retained Equity	5 893 000	5 249 000	5 372 000	5 385 000
Total Equity	5 993 000	5 349 000	5 472 000	5 485 000
Total Long-Term Debt	4 076 000	2 471 000	71 000	60 000
Total Current Debt	20 315 000	56 379 000	43 739 000	27 773 000
Total Equity and Debt	30 383 000	64 200 000	49 282 000	33 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 722 000	91 528 000	66 859 000	65 093 000
Other Income	139 000	48 000	145 000	90 000
Revenue	64 861 000	91 577 000	67 005 000	65 183 000
Cost of Goods Sold	44 026 000	64 088 000	46 550 000	45 647 000
Salary Costs	8 536 000	8 895 000	5 397 000	6 200 000
Depreciation	632 000	613 000	450 000	436 000
Impairment	98 000	0	0	0
Expenditure	63 971 000	86 125 000	61 796 000	61 100 000
Operating Profit	890 000	5 451 000	5 210 000	4 083 000
Financial Income	170 000	348 000	230 000	251 000
Financial Costs	211 000	7 000	72 000	109 000
Financial Balance	−41 000	341 000	158 000	142 000
Dividends	0	0	0	0
Net Income	644 000	4 505 000	4 175 000	3 291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	358 000	258 000	306 000	0
Fixtures	2 080 000	2 902 000	2 509 000	2 414 000
Total Tangible Assets	2 438 000	3 159 000	2 814 000	2 414 000
Total Fiancial Fixed Assets	3 076 000	2 958 000	7 667 000	4 669 000
Total Fixed Assets	5 514 000	6 117 000	10 481 000	7 084 000
Stock	18 909 000	28 804 000	23 075 000	22 442 000
Total Investments	0	0	0	0
Cash, Bank	378 000	20 996 000	13 055 000	3 090 000
Total Current Assets	24 869 000	58 082 000	38 800 000	26 234 000
Total Assets	30 383 000	64 200 000	49 282 000	33 318 000
Total Equity	5 993 000	5 349 000	5 472 000	5 485 000
Short-Term Group Debt	0	5 934 000	5 370 000	4 342 000
Total Long-Term Debt	4 076 000	2 471 000	71 000	60 000
Creditors	9 467 000	23 687 000	25 838 000	17 971 000
Unpaid Taxes	2 980 000	560 000	321 000	588 000
Dividends	0	0	0	0
Other Current Debt	3 844 000	26 198 000	12 210 000	4 872 000
Total Current Debt	20 315 000	56 379 000	43 739 000	27 773 000
Total Equity and Debt	30 383 000	64 200 000	49 282 000	33 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,75 %	84,22 %	76,3 %	60 %
Debt-to-Equity Ratio	0,68	0,46	0,01	0,01
Operating Profit Margin	1,37 %	5,95 %	7,78 %	6,26 %
Current Ratio	1,22	1,03	0,89	0,94
Quick Ratio	17,69	2,11	1,88	4,92
Equity Ratio	0,2	0,08	0,11	0,16
Gross Profit Margin	32,12 %	30,02 %	30,53 %	29,97 %