TVETENE VEST BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

10,78 %

Current Ratio

3,86

Debt-to-Equity Ratio

1,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 130 000	1 099 000	1 156 000	1 148 000
Net Income	549 000	566 000	611 000	611 000
Total Assets	15 210 000	15 177 000	15 204 000	15 138 000
Total Equity	5 095 000	4 546 000	3 979 000	3 368 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 130 000	1 099 000	1 156 000	1 148 000
Expenditure	354 000	360 000	314 000	258 000
Operating Profit	716 000	682 000	787 000	837 000
Financial Income	0	0	7 000	5 000
Financial Costs	167 000	116 000	183 000	231 000
Financial Balance	−167 000	−116 000	−176 000	−226 000
Earnings Before Tax	609 000	624 000	664 000	663 000
Tax	0	0	0	0
Net Income	549 000	566 000	611 000	611 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 783 000	14 783 000	14 783 000	14 783 000
Total Current Assets	428 000	395 000	421 000	355 000
Total Assets	15 210 000	15 177 000	15 204 000	15 138 000
Total Retained Equity	5 094 000	4 545 000	3 978 000	3 367 000
Total Equity	5 095 000	4 546 000	3 979 000	3 368 000
Total Long-Term Debt	10 005 000	10 583 000	11 175 000	11 721 000
Total Current Debt	111 000	48 000	50 000	48 000
Total Equity and Debt	15 210 000	15 177 000	15 204 000	15 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 130 000	1 099 000	1 156 000	1 148 000
Other Income	0	0	0	0
Revenue	1 130 000	1 099 000	1 156 000	1 148 000
Cost of Goods Sold	0	0	0	0
Salary Costs	52 000	50 000	50 000	50 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	354 000	360 000	314 000	258 000
Operating Profit	716 000	682 000	787 000	837 000
Financial Income	0	0	7 000	5 000
Financial Costs	167 000	116 000	183 000	231 000
Financial Balance	−167 000	−116 000	−176 000	−226 000
Dividends	0	0	0	0
Net Income	549 000	566 000	611 000	611 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 783 000	14 783 000	14 783 000	14 783 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 783 000	14 783 000	14 783 000	14 783 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 783 000	14 783 000	14 783 000	14 783 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	428 000	395 000	421 000	355 000
Total Current Assets	428 000	395 000	421 000	355 000
Total Assets	15 210 000	15 177 000	15 204 000	15 138 000
Total Equity	5 095 000	4 546 000	3 979 000	3 368 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 005 000	10 583 000	11 175 000	11 721 000
Creditors	61 000	47 000	49 000	47 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	50 000	1 000	1 000	2 000
Total Current Debt	111 000	48 000	50 000	48 000
Total Equity and Debt	15 210 000	15 177 000	15 204 000	15 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,78 %	12,45 %	15,36 %	18,14 %
Debt-to-Equity Ratio	1,96	2,33	2,81	3,48
Operating Profit Margin	63,36 %	62,06 %	68,08 %	72,91 %
Current Ratio	3,86	8,23	8,42	7,4
Quick Ratio	3,86	8,23	8,42	7,4
Equity Ratio	0,33	0,3	0,26	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %