TOR TVEITO AS

9100 KVALØYSLETTA

Finances

Share Ownership

Return on Equity

39,31 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 337 000	1 469 000	2 721 000	3 057 000
Net Income	263 000	446 000	361 000	560 000
Total Assets	1 075 000	935 000	1 040 000	1 332 000
Total Equity	669 000	551 000	105 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 337 000	1 469 000	2 721 000	3 057 000
Expenditure	1 001 000	899 000	2 263 000	2 340 000
Operating Profit	337 000	571 000	458 000	717 000
Financial Income	2 000	1 000	6 000	1 000
Financial Costs	0	0	1 000	−4 000
Financial Balance	2 000	1 000	5 000	5 000
Earnings Before Tax	339 000	572 000	463 000	722 000
Tax	76 000	126 000	102 000	161 000
Net Income	263 000	446 000	361 000	560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	19 000	30 000	40 000
Total Current Assets	1 070 000	916 000	1 011 000	1 292 000
Total Assets	1 075 000	935 000	1 040 000	1 332 000
Total Retained Equity	569 000	451 000	5 000	4 000
Total Equity	669 000	551 000	105 000	104 000
Total Long-Term Debt	0	0	1 000	4 000
Total Current Debt	406 000	384 000	935 000	1 224 000
Total Equity and Debt	1 075 000	935 000	1 040 000	1 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 337 000	1 469 000	2 721 000	3 067 000
Other Income	0	0	0	−11 000
Revenue	1 337 000	1 469 000	2 721 000	3 057 000
Cost of Goods Sold	0	0	0	0
Salary Costs	688 000	594 000	1 964 000	2 039 000
Depreciation	11 000	11 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	1 001 000	899 000	2 263 000	2 340 000
Operating Profit	337 000	571 000	458 000	717 000
Financial Income	2 000	1 000	6 000	1 000
Financial Costs	0	0	1 000	−4 000
Financial Balance	2 000	1 000	5 000	5 000
Dividends	0	0	360 000	560 000
Net Income	263 000	446 000	361 000	560 000

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	5 000	12 000	18 000	25 000
Fixtures	0	8 000	12 000	16 000
Total Tangible Assets	5 000	19 000	30 000	40 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	19 000	30 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	797 000	562 000	562 000	759 000
Total Current Assets	1 070 000	916 000	1 011 000	1 292 000
Total Assets	1 075 000	935 000	1 040 000	1 332 000
Total Equity	669 000	551 000	105 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	4 000
Creditors	8 000	5 000	5 000	4 000
Unpaid Taxes	114 000	171 000	187 000	284 000
Dividends	0	0	360 000	560 000
Other Current Debt	207 000	80 000	278 000	214 000
Total Current Debt	406 000	384 000	935 000	1 224 000
Total Equity and Debt	1 075 000	935 000	1 040 000	1 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,31 %	80,94 %	343,81 %	538,46 %
Debt-to-Equity Ratio	0	0	0,01	0,04
Operating Profit Margin	25,21 %	38,87 %	16,83 %	23,45 %
Current Ratio	2,64	2,39	1,08	1,06
Quick Ratio	2,64	2,39	1,08	1,06
Equity Ratio	0,62	0,59	0,1	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %