TV & SATELITT SERVICE AS

4580 LYNGDAL

Finances

Return on Equity

190 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 309 000	3 037 000	2 992 000	3 265 000
Net Income	304 000	368 000	430 000	577 000
Total Assets	990 000	1 076 000	1 104 000	1 284 000
Total Equity	160 000	160 000	159 000	159 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 309 000	3 037 000	2 992 000	3 265 000
Expenditure	2 954 000	2 607 000	2 460 000	2 541 000
Operating Profit	354 000	429 000	531 000	724 000
Financial Income	31 000	35 000	18 000	19 000
Financial Costs	3 000	2 000	1 000	7 000
Financial Balance	28 000	33 000	17 000	12 000
Earnings Before Tax	383 000	463 000	548 000	736 000
Tax	78 000	95 000	118 000	159 000
Net Income	304 000	368 000	430 000	577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	100 000	115 000	122 000
Total Current Assets	909 000	977 000	989 000	1 162 000
Total Assets	990 000	1 076 000	1 104 000	1 284 000
Total Retained Equity	60 000	60 000	59 000	59 000
Total Equity	160 000	160 000	159 000	159 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	830 000	917 000	945 000	1 125 000
Total Equity and Debt	990 000	1 076 000	1 104 000	1 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 309 000	3 037 000	2 992 000	3 265 000
Other Income	0	0	0	0
Revenue	3 309 000	3 037 000	2 992 000	3 265 000
Cost of Goods Sold	794 000	698 000	586 000	766 000
Salary Costs	1 725 000	1 482 000	1 474 000	1 313 000
Depreciation	21 000	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	2 954 000	2 607 000	2 460 000	2 541 000
Operating Profit	354 000	429 000	531 000	724 000
Financial Income	31 000	35 000	18 000	19 000
Financial Costs	3 000	2 000	1 000	7 000
Financial Balance	28 000	33 000	17 000	12 000
Dividends	304 000	367 000	430 000	570 000
Net Income	304 000	368 000	430 000	577 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	27 000	24 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	23 000	44 000	66 000
Total Tangible Assets	2 000	23 000	44 000	66 000
Total Fiancial Fixed Assets	50 000	50 000	47 000	33 000
Total Fixed Assets	81 000	100 000	115 000	122 000
Stock	432 000	454 000	446 000	341 000
Total Investments	0	0	0	0
Cash, Bank	293 000	402 000	402 000	617 000
Total Current Assets	909 000	977 000	989 000	1 162 000
Total Assets	990 000	1 076 000	1 104 000	1 284 000
Total Equity	160 000	160 000	159 000	159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	19 000	26 000	19 000
Unpaid Taxes	273 000	310 000	251 000	243 000
Dividends	304 000	367 000	430 000	570 000
Other Current Debt	162 000	122 000	120 000	133 000
Total Current Debt	830 000	917 000	945 000	1 125 000
Total Equity and Debt	990 000	1 076 000	1 104 000	1 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	190 %	230 %	270,44 %	362,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,7 %	14,13 %	17,75 %	22,17 %
Current Ratio	1,1	1,07	1,05	1,03
Quick Ratio	2,28	2,11	1,98	1,48
Equity Ratio	0,16	0,15	0,14	0,12
Gross Profit Margin	76 %	77,02 %	80,41 %	76,54 %