TVETENE BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

8,77 %

Current Ratio

10,25

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 308 000	1 308 000	1 318 000	1 318 000
Net Income	663 000	620 000	741 000	636 000
Total Assets	15 273 000	15 294 000	15 191 000	15 030 000
Total Equity	7 560 000	6 897 000	6 277 000	5 536 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 308 000	1 308 000	1 318 000	1 318 000
Expenditure	465 000	535 000	365 000	402 000
Operating Profit	745 000	679 000	864 000	829 000
Financial Income	0	1 000	2 000	4 000
Financial Costs	81 000	60 000	125 000	197 000
Financial Balance	−81 000	−59 000	−123 000	−193 000
Earnings Before Tax	761 000	715 000	831 000	724 000
Tax	0	0	0	0
Net Income	663 000	620 000	741 000	636 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 443 000	14 443 000	14 443 000	14 443 000
Total Current Assets	830 000	851 000	748 000	587 000
Total Assets	15 273 000	15 294 000	15 191 000	15 030 000
Total Retained Equity	7 559 000	6 896 000	6 275 000	5 535 000
Total Equity	7 560 000	6 897 000	6 277 000	5 536 000
Total Long-Term Debt	7 632 000	8 231 000	8 844 000	9 426 000
Total Current Debt	81 000	166 000	71 000	68 000
Total Equity and Debt	15 273 000	15 294 000	15 191 000	15 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 308 000	1 308 000	1 318 000	1 318 000
Other Income	0	0	0	0
Revenue	1 308 000	1 308 000	1 318 000	1 318 000
Cost of Goods Sold	0	0	0	0
Salary Costs	43 000	38 000	37 000	37 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	465 000	535 000	365 000	402 000
Operating Profit	745 000	679 000	864 000	829 000
Financial Income	0	1 000	2 000	4 000
Financial Costs	81 000	60 000	125 000	197 000
Financial Balance	−81 000	−59 000	−123 000	−193 000
Dividends	0	0	0	0
Net Income	663 000	620 000	741 000	636 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 443 000	14 443 000	14 443 000	14 443 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 443 000	14 443 000	14 443 000	14 443 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 443 000	14 443 000	14 443 000	14 443 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	830 000	851 000	748 000	587 000
Total Current Assets	830 000	851 000	748 000	587 000
Total Assets	15 273 000	15 294 000	15 191 000	15 030 000
Total Equity	7 560 000	6 897 000	6 277 000	5 536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 632 000	8 231 000	8 844 000	9 426 000
Creditors	81 000	166 000	63 000	59 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	9 000	9 000
Total Current Debt	81 000	166 000	71 000	68 000
Total Equity and Debt	15 273 000	15 294 000	15 191 000	15 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,77 %	8,99 %	11,81 %	11,49 %
Debt-to-Equity Ratio	1,01	1,19	1,41	1,7
Operating Profit Margin	56,96 %	51,91 %	65,55 %	62,9 %
Current Ratio	10,25	5,13	10,54	8,63
Quick Ratio	10,25	5,13	10,54	8,63
Equity Ratio	0,49	0,45	0,41	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %