J TVETERÅS AS

4005 STAVANGER

Finances

Return on Equity

11,49 %

Current Ratio

5,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 744 000	1 138 000	2 006 000	1 998 000
Net Income	3 527 000	678 000	1 733 000	1 467 000
Total Assets	34 255 000	31 013 000	30 661 000	34 972 000
Total Equity	30 687 000	30 280 000	29 785 000	29 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 744 000	1 138 000	2 006 000	1 998 000
Expenditure	453 000	457 000	648 000	455 000
Operating Profit	3 292 000	681 000	1 358 000	1 544 000
Financial Income	235 000	−1 000	381 000	122 000
Financial Costs	0	2 000	6 000	4 000
Financial Balance	235 000	−3 000	375 000	118 000
Earnings Before Tax	3 527 000	678 000	1 733 000	1 662 000
Tax	0	0	0	195 000
Net Income	3 527 000	678 000	1 733 000	1 467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 375 000	13 257 000	11 730 000	10 796 000
Total Current Assets	18 881 000	17 755 000	18 930 000	24 176 000
Total Assets	34 255 000	31 013 000	30 661 000	34 972 000
Total Retained Equity	23 343 000	22 936 000	22 441 000	21 833 000
Total Equity	30 687 000	30 280 000	29 785 000	29 177 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 568 000	732 000	876 000	5 795 000
Total Equity and Debt	34 255 000	31 013 000	30 661 000	34 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 744 000	1 138 000	2 006 000	1 998 000
Revenue	3 744 000	1 138 000	2 006 000	1 998 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	453 000	457 000	648 000	455 000
Operating Profit	3 292 000	681 000	1 358 000	1 544 000
Financial Income	235 000	−1 000	381 000	122 000
Financial Costs	0	2 000	6 000	4 000
Financial Balance	235 000	−3 000	375 000	118 000
Dividends	3 200 000	425 000	490 000	5 300 000
Net Income	3 527 000	678 000	1 733 000	1 467 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 375 000	13 257 000	11 730 000	10 796 000
Total Fixed Assets	15 375 000	13 257 000	11 730 000	10 796 000
Stock	0	0	0	0
Total Investments	5 055 000	10 230 000	14 072 000	15 572 000
Cash, Bank	12 941 000	6 848 000	4 055 000	7 776 000
Total Current Assets	18 881 000	17 755 000	18 930 000	24 176 000
Total Assets	34 255 000	31 013 000	30 661 000	34 972 000
Total Equity	30 687 000	30 280 000	29 785 000	29 177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	368 000	302 000	296 000	296 000
Unpaid Taxes	0	0	0	0
Dividends	3 200 000	425 000	490 000	5 300 000
Other Current Debt	0	5 000	90 000	3 000
Total Current Debt	3 568 000	732 000	876 000	5 795 000
Total Equity and Debt	34 255 000	31 013 000	30 661 000	34 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,49 %	2,24 %	5,82 %	5,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	87,93 %	59,84 %	67,7 %	77,28 %
Current Ratio	5,29	24,26	21,61	4,17
Quick Ratio	5,29	24,26	21,61	4,17
Equity Ratio	0,9	0,98	0,97	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %