TVETENÅSEN BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

8,2 %

Current Ratio

7,86

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	695 000	684 000	694 000	684 000
Net Income	369 000	373 000	371 000	350 000
Total Assets	14 932 000	14 939 000	14 933 000	14 915 000
Total Equity	4 498 000	4 128 000	3 756 000	3 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	695 000	684 000	694 000	684 000
Expenditure	216 000	214 000	199 000	204 000
Operating Profit	404 000	398 000	425 000	413 000
Financial Income	1 000	2 000	4 000	3 000
Financial Costs	36 000	27 000	58 000	66 000
Financial Balance	−35 000	−25 000	−54 000	−63 000
Earnings Before Tax	444 000	446 000	440 000	418 000
Tax	0	0	0	0
Net Income	369 000	373 000	371 000	350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 603 000	14 617 000	14 631 000	14 644 000
Total Current Assets	330 000	322 000	302 000	271 000
Total Assets	14 932 000	14 939 000	14 933 000	14 915 000
Total Retained Equity	4 497 000	4 127 000	3 755 000	3 384 000
Total Equity	4 498 000	4 128 000	3 756 000	3 385 000
Total Long-Term Debt	10 393 000	10 763 000	11 137 000	11 495 000
Total Current Debt	42 000	48 000	40 000	35 000
Total Equity and Debt	14 932 000	14 939 000	14 933 000	14 915 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	695 000	684 000	694 000	684 000
Other Income	0	0	0	0
Revenue	695 000	684 000	694 000	684 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	11 000	9 000	15 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	216 000	214 000	199 000	204 000
Operating Profit	404 000	398 000	425 000	413 000
Financial Income	1 000	2 000	4 000	3 000
Financial Costs	36 000	27 000	58 000	66 000
Financial Balance	−35 000	−25 000	−54 000	−63 000
Dividends	0	0	0	0
Net Income	369 000	373 000	371 000	350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 484 000	14 484 000	14 484 000	14 484 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 484 000	14 484 000	14 484 000	14 484 000
Total Fiancial Fixed Assets	119 000	133 000	147 000	161 000
Total Fixed Assets	14 603 000	14 617 000	14 631 000	14 644 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	330 000	322 000	302 000	271 000
Total Current Assets	330 000	322 000	302 000	271 000
Total Assets	14 932 000	14 939 000	14 933 000	14 915 000
Total Equity	4 498 000	4 128 000	3 756 000	3 385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 393 000	10 763 000	11 137 000	11 495 000
Creditors	42 000	47 000	36 000	34 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	4 000	1 000
Total Current Debt	42 000	48 000	40 000	35 000
Total Equity and Debt	14 932 000	14 939 000	14 933 000	14 915 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,2 %	9,04 %	9,88 %	10,34 %
Debt-to-Equity Ratio	2,31	2,61	2,97	3,4
Operating Profit Margin	58,13 %	58,19 %	61,24 %	60,38 %
Current Ratio	7,86	6,71	7,55	7,74
Quick Ratio	7,86	6,71	7,55	7,74
Equity Ratio	0,3	0,28	0,25	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %