TVEITEÅNO KRAFTVERK AS

4230 SAND

Finances

Return on Equity

46,66 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 701 000	3 220 000	646 000	2 082 000
Net Income	3 963 000	1 028 000	−343 000	404 000
Total Assets	11 307 000	6 738 000	5 560 000	7 709 000
Total Equity	8 494 000	4 530 000	3 502 000	3 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 701 000	3 220 000	646 000	2 082 000
Expenditure	3 811 000	1 877 000	1 041 000	1 512 000
Operating Profit	4 891 000	1 343 000	−396 000	570 000
Financial Income	24 000	2 000	15 000	46 000
Financial Costs	−129 000	28 000	61 000	97 000
Financial Balance	153 000	−26 000	−46 000	−51 000
Earnings Before Tax	5 045 000	1 318 000	−442 000	518 000
Tax	1 081 000	290 000	−99 000	114 000
Net Income	3 963 000	1 028 000	−343 000	404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 037 000	4 964 000	5 176 000	6 937 000
Total Current Assets	2 269 000	1 774 000	384 000	772 000
Total Assets	11 307 000	6 738 000	5 560 000	7 709 000
Total Retained Equity	7 954 000	3 990 000	2 962 000	3 305 000
Total Equity	8 494 000	4 530 000	3 502 000	3 845 000
Total Long-Term Debt	0	970 000	1 825 000	3 242 000
Total Current Debt	2 813 000	1 238 000	233 000	622 000
Total Equity and Debt	11 307 000	6 738 000	5 560 000	7 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 701 000	3 220 000	646 000	2 082 000
Other Income	0	0	0	0
Revenue	8 701 000	3 220 000	646 000	2 082 000
Cost of Goods Sold	252 000	244 000	91 000	179 000
Salary Costs	250 000	223 000	222 000	187 000
Depreciation	211 000	221 000	240 000	240 000
Impairment	0	0	0	0
Expenditure	3 811 000	1 877 000	1 041 000	1 512 000
Operating Profit	4 891 000	1 343 000	−396 000	570 000
Financial Income	24 000	2 000	15 000	46 000
Financial Costs	−129 000	28 000	61 000	97 000
Financial Balance	153 000	−26 000	−46 000	−51 000
Dividends	0	0	0	10 000
Net Income	3 963 000	1 028 000	−343 000	404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	57 000	49 000	38 000
Real Eastate	152 000	209 000	266 000	323 000
Machinery and Plant Facilities	4 544 000	4 698 000	4 761 000	4 903 000
Fixtures	0	0	100 000	142 000
Total Tangible Assets	4 696 000	4 907 000	5 127 000	5 368 000
Total Fiancial Fixed Assets	4 277 000	0	0	1 531 000
Total Fixed Assets	9 037 000	4 964 000	5 176 000	6 937 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000 000	1 000 000	214 000	481 000
Total Current Assets	2 269 000	1 774 000	384 000	772 000
Total Assets	11 307 000	6 738 000	5 560 000	7 709 000
Total Equity	8 494 000	4 530 000	3 502 000	3 845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	970 000	1 825 000	3 242 000
Creditors	34 000	36 000	21 000	23 000
Unpaid Taxes	337 000	431 000	5 000	170 000
Dividends	0	0	0	10 000
Other Current Debt	1 355 000	473 000	207 000	296 000
Total Current Debt	2 813 000	1 238 000	233 000	622 000
Total Equity and Debt	11 307 000	6 738 000	5 560 000	7 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,66 %	22,69 %	−9,79 %	10,51 %
Debt-to-Equity Ratio	0	0,21	0,52	0,84
Operating Profit Margin	56,21 %	41,71 %	−61,3 %	27,38 %
Current Ratio	0,81	1,43	1,65	1,24
Quick Ratio	0,81	1,43	1,65	1,24
Equity Ratio	0,75	0,67	0,63	0,5
Gross Profit Margin	97,1 %	92,42 %	85,91 %	91,4 %