TJORVEN AS

0366 OSLO

Finances

Share Ownership

Return on Equity

7,35 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 026 000	9 989 000	11 181 000	9 419 000
Net Income	179 000	95 000	413 000	291 000
Total Assets	3 713 000	4 245 000	3 422 000	2 766 000
Total Equity	2 436 000	2 257 000	2 162 000	1 748 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 026 000	9 989 000	11 181 000	9 419 000
Expenditure	10 757 000	9 853 000	10 705 000	9 126 000
Operating Profit	270 000	136 000	477 000	293 000
Financial Income	5 000	7 000	7 000	5 000
Financial Costs	68 000	29 000	9 000	8 000
Financial Balance	−63 000	−22 000	−2 000	−3 000
Earnings Before Tax	206 000	114 000	475 000	291 000
Tax	27 000	19 000	62 000	0
Net Income	179 000	95 000	413 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	997 000	995 000	23 000	0
Total Current Assets	2 717 000	3 250 000	3 399 000	2 766 000
Total Assets	3 713 000	4 245 000	3 422 000	2 766 000
Total Retained Equity	2 236 000	2 057 000	1 962 000	1 548 000
Total Equity	2 436 000	2 257 000	2 162 000	1 748 000
Total Long-Term Debt	2 000	707 000	0	0
Total Current Debt	1 276 000	1 282 000	1 260 000	1 017 000
Total Equity and Debt	3 713 000	4 245 000	3 422 000	2 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 999 000	9 936 000	11 181 000	9 419 000
Other Income	27 000	52 000	0	0
Revenue	11 026 000	9 989 000	11 181 000	9 419 000
Cost of Goods Sold	5 653 000	5 003 000	6 014 000	4 475 000
Salary Costs	3 606 000	3 392 000	3 399 000	3 306 000
Depreciation	181 000	92 000	1 000	3 000
Impairment	0	0	0	0
Expenditure	10 757 000	9 853 000	10 705 000	9 126 000
Operating Profit	270 000	136 000	477 000	293 000
Financial Income	5 000	7 000	7 000	5 000
Financial Costs	68 000	29 000	9 000	8 000
Financial Balance	−63 000	−22 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	179 000	95 000	413 000	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	0	0	0	0
Fixtures	997 000	995 000	23 000	0
Total Tangible Assets	997 000	995 000	23 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	997 000	995 000	23 000	0
Stock	1 678 000	1 637 000	1 630 000	1 934 000
Total Investments	0	0	0	0
Cash, Bank	812 000	1 500 000	1 614 000	705 000
Total Current Assets	2 717 000	3 250 000	3 399 000	2 766 000
Total Assets	3 713 000	4 245 000	3 422 000	2 766 000
Total Equity	2 436 000	2 257 000	2 162 000	1 748 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	707 000	0	0
Creditors	1 000	93 000	96 000	173 000
Unpaid Taxes	588 000	626 000	621 000	485 000
Dividends	0	0	0	0
Other Current Debt	661 000	544 000	482 000	360 000
Total Current Debt	1 276 000	1 282 000	1 260 000	1 017 000
Total Equity and Debt	3 713 000	4 245 000	3 422 000	2 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,35 %	4,21 %	19,1 %	16,65 %
Debt-to-Equity Ratio	0	0,31	0	0
Operating Profit Margin	2,45 %	1,36 %	4,27 %	3,11 %
Current Ratio	2,13	2,54	2,7	2,72
Quick Ratio	−6,76	−9,15	−9,19	−3,02
Equity Ratio	0,66	0,53	0,63	0,63
Gross Profit Margin	48,73 %	49,91 %	46,21 %	52,49 %