J TVEITS SMIE AS

2647 SØR-FRON

Finances

Share Ownership

Return on Equity

5,04 %

Current Ratio

4,08

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 906 000	8 113 000	7 498 000	8 508 000
Net Income	177 000	−86 000	−35 000	596 000
Total Assets	5 015 000	5 319 000	5 312 000	5 610 000
Total Equity	3 512 000	3 335 000	3 421 000	3 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 906 000	8 113 000	7 498 000	8 508 000
Expenditure	9 125 000	8 287 000	7 284 000	7 916 000
Operating Profit	269 000	−86 000	−3 000	795 000
Financial Income	4 000	8 000	7 000	20 000
Financial Costs	34 000	32 000	50 000	57 000
Financial Balance	−30 000	−24 000	−43 000	−37 000
Earnings Before Tax	239 000	−110 000	−46 000	759 000
Tax	62 000	−24 000	−10 000	163 000
Net Income	177 000	−86 000	−35 000	596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	504 000	742 000	629 000	408 000
Total Current Assets	4 511 000	4 578 000	4 684 000	5 202 000
Total Assets	5 015 000	5 319 000	5 312 000	5 610 000
Total Retained Equity	2 412 000	2 235 000	2 321 000	2 357 000
Total Equity	3 512 000	3 335 000	3 421 000	3 457 000
Total Long-Term Debt	398 000	543 000	761 000	682 000
Total Current Debt	1 105 000	1 440 000	1 130 000	1 472 000
Total Equity and Debt	5 015 000	5 319 000	5 312 000	5 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 639 000	8 113 000	7 384 000	8 488 000
Other Income	267 000	0	114 000	20 000
Revenue	8 906 000	8 113 000	7 498 000	8 508 000
Cost of Goods Sold	2 711 000	2 159 000	1 520 000	1 824 000
Salary Costs	3 777 000	3 590 000	3 536 000	3 902 000
Depreciation	175 000	162 000	120 000	58 000
Impairment	0	0	0	0
Expenditure	9 125 000	8 287 000	7 284 000	7 916 000
Operating Profit	269 000	−86 000	−3 000	795 000
Financial Income	4 000	8 000	7 000	20 000
Financial Costs	34 000	32 000	50 000	57 000
Financial Balance	−30 000	−24 000	−43 000	−37 000
Dividends	0	0	0	0
Net Income	177 000	−86 000	−35 000	596 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	137 000	113 000	103 000
Real Eastate	64 000	80 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	361 000	521 000	511 000	301 000
Total Tangible Assets	425 000	600 000	511 000	301 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	504 000	742 000	629 000	408 000
Stock	3 015 000	2 527 000	2 439 000	2 656 000
Total Investments	0	0	0	0
Cash, Bank	1 165 000	1 358 000	1 769 000	1 929 000
Total Current Assets	4 511 000	4 578 000	4 684 000	5 202 000
Total Assets	5 015 000	5 319 000	5 312 000	5 610 000
Total Equity	3 512 000	3 335 000	3 421 000	3 457 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	398 000	543 000	761 000	682 000
Creditors	182 000	502 000	249 000	671 000
Unpaid Taxes	509 000	528 000	447 000	395 000
Dividends	0	0	0	0
Other Current Debt	414 000	410 000	434 000	406 000
Total Current Debt	1 105 000	1 440 000	1 130 000	1 472 000
Total Equity and Debt	5 015 000	5 319 000	5 312 000	5 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,04 %	−2,58 %	−1,02 %	17,24 %
Debt-to-Equity Ratio	0,11	0,16	0,22	0,2
Operating Profit Margin	3,02 %	−1,06 %	−0,04 %	9,34 %
Current Ratio	4,08	3,18	4,15	3,53
Quick Ratio	−2,36	−4,21	−3,58	−4,39
Equity Ratio	0,7	0,63	0,64	0,62
Gross Profit Margin	69,56 %	73,39 %	79,73 %	78,56 %