TVEDESTRAND KOMMUNALE BOLIGSTIFTELSE

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

1,51 %

Current Ratio

0,18

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 615 000	13 453 000	15 014 000	13 828 000
Net Income	590 000	580 000	918 000	1 209 000
Total Assets	65 260 000	66 511 000	69 773 000	70 371 000
Total Equity	38 948 000	38 359 000	37 779 000	36 861 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 615 000	13 453 000	15 014 000	13 828 000
Expenditure	14 636 000	13 433 000	13 574 000	12 036 000
Operating Profit	−22 000	21 000	1 441 000	1 792 000
Financial Income	1 084 000	1 104 000	0	4 000
Financial Costs	472 000	545 000	523 000	587 000
Financial Balance	612 000	559 000	−523 000	−583 000
Earnings Before Tax	590 000	580 000	918 000	1 209 000
Tax	0	0	0	0
Net Income	590 000	580 000	918 000	1 209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 634 000	61 492 000	65 466 000	68 975 000
Total Current Assets	627 000	5 019 000	4 306 000	1 395 000
Total Assets	65 260 000	66 511 000	69 773 000	70 371 000
Total Retained Equity	21 172 000	20 582 000	20 003 000	19 085 000
Total Equity	38 948 000	38 359 000	37 779 000	36 861 000
Total Long-Term Debt	22 911 000	25 346 000	29 403 000	31 633 000
Total Current Debt	3 401 000	2 806 000	2 591 000	1 877 000
Total Equity and Debt	65 260 000	66 511 000	69 773 000	70 371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 495 000	11 872 000	11 924 000	12 149 000
Other Income	2 120 000	1 581 000	3 090 000	1 679 000
Revenue	14 615 000	13 453 000	15 014 000	13 828 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 973 000	3 350 000	3 089 000	2 804 000
Depreciation	1 699 000	1 739 000	1 834 000	1 677 000
Impairment	0	0	0	0
Expenditure	14 636 000	13 433 000	13 574 000	12 036 000
Operating Profit	−22 000	21 000	1 441 000	1 792 000
Financial Income	1 084 000	1 104 000	0	4 000
Financial Costs	472 000	545 000	523 000	587 000
Financial Balance	612 000	559 000	−523 000	−583 000
Dividends	0	0	0	0
Net Income	590 000	580 000	918 000	1 209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	62 619 000	61 425 000	65 347 000	68 799 000
Machinery and Plant Facilities	0	44 000	91 000	137 000
Fixtures	34 000	23 000	29 000	39 000
Total Tangible Assets	62 653 000	61 492 000	65 466 000	68 975 000
Total Fiancial Fixed Assets	1 981 000	0	0	0
Total Fixed Assets	64 634 000	61 492 000	65 466 000	68 975 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	627 000	2 190 000	2 789 000	0
Total Current Assets	627 000	5 019 000	4 306 000	1 395 000
Total Assets	65 260 000	66 511 000	69 773 000	70 371 000
Total Equity	38 948 000	38 359 000	37 779 000	36 861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 911 000	25 346 000	29 403 000	31 633 000
Creditors	3 345 000	2 748 000	2 544 000	1 002 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	56 000	58 000	46 000	874 000
Total Current Debt	3 401 000	2 806 000	2 591 000	1 877 000
Total Equity and Debt	65 260 000	66 511 000	69 773 000	70 371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,51 %	1,51 %	2,43 %	3,28 %
Debt-to-Equity Ratio	0,59	0,66	0,78	0,86
Operating Profit Margin	−0,15 %	0,16 %	9,6 %	12,96 %
Current Ratio	0,18	1,79	1,66	0,74
Quick Ratio	0,18	1,79	1,66	0,74
Equity Ratio	0,6	0,58	0,54	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %