TVEITEN KRAFT AS

3840 SELJORD

Finances

Share Ownership

Return on Equity

21,12 %

Current Ratio

2,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	410 000	146 000	42 000	146 000
Net Income	196 000	111 000	383 000	57 000
Total Assets	1 067 000	766 000	4 899 000	4 887 000
Total Equity	928 000	732 000	4 381 000	3 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	410 000	146 000	42 000	146 000
Expenditure	162 000	73 000	189 000	93 000
Operating Profit	248 000	73 000	−147 000	53 000
Financial Income	8 000	47 000	545 000	25 000
Financial Costs	0	0	15 000	0
Financial Balance	8 000	47 000	530 000	25 000
Earnings Before Tax	256 000	120 000	383 000	78 000
Tax	60 000	9 000	0	20 000
Net Income	196 000	111 000	383 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	660 000	89 000	1 378 000	1 422 000
Total Current Assets	406 000	677 000	3 521 000	3 465 000
Total Assets	1 067 000	766 000	4 899 000	4 887 000
Total Retained Equity	848 000	652 000	3 241 000	2 858 000
Total Equity	928 000	732 000	4 381 000	3 998 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	139 000	35 000	518 000	889 000
Total Equity and Debt	1 067 000	766 000	4 899 000	4 887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	410 000	145 000	42 000	103 000
Other Income	0	1 000	0	43 000
Revenue	410 000	146 000	42 000	146 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	29 000	29 000	29 000	29 000
Impairment	0	0	0	0
Expenditure	162 000	73 000	189 000	93 000
Operating Profit	248 000	73 000	−147 000	53 000
Financial Income	8 000	47 000	545 000	25 000
Financial Costs	0	0	15 000	0
Financial Balance	8 000	47 000	530 000	25 000
Dividends	0	0	0	0
Net Income	196 000	111 000	383 000	57 000

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	60 000	89 000	118 000	147 000
Fixtures	0	0	0	0
Total Tangible Assets	60 000	89 000	118 000	147 000
Total Fiancial Fixed Assets	600 000	0	1 260 000	1 275 000
Total Fixed Assets	660 000	89 000	1 378 000	1 422 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	258 000	544 000	589 000	1 088 000
Total Current Assets	406 000	677 000	3 521 000	3 465 000
Total Assets	1 067 000	766 000	4 899 000	4 887 000
Total Equity	928 000	732 000	4 381 000	3 998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	13 000	0
Unpaid Taxes	72 000	26 000	0	11 000
Dividends	0	0	0	0
Other Current Debt	0	0	505 000	858 000
Total Current Debt	139 000	35 000	518 000	889 000
Total Equity and Debt	1 067 000	766 000	4 899 000	4 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,12 %	15,16 %	8,74 %	1,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	60,49 %	50 %	−350 %	36,3 %
Current Ratio	2,92	19,34	6,8	3,9
Quick Ratio	2,92	19,34	6,8	3,9
Equity Ratio	0,87	0,96	0,89	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %