ERLING TVETE AS

2609 LILLEHAMMER

Finances

Return on Equity

−5,26 %

Current Ratio

17,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 921 000	3 066 000	1 366 000	7 990 000
Total Assets	37 671 000	39 548 000	36 482 000	36 635 000
Total Equity	36 494 000	39 415 000	36 349 000	34 983 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	57 000	48 000	71 000	20 000
Operating Profit	−57 000	−48 000	−71 000	−20 000
Financial Income	885 000	3 114 000	1 466 000	8 048 000
Financial Costs	2 729 000	0	32 000	19 000
Financial Balance	−1 844 000	3 114 000	1 434 000	8 029 000
Earnings Before Tax	−1 902 000	3 066 000	1 364 000	8 009 000
Tax	19 000	0	−2 000	19 000
Net Income	−1 921 000	3 066 000	1 366 000	7 990 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 210 000	14 889 000	13 981 000	14 130 000
Total Current Assets	20 461 000	24 659 000	22 501 000	22 505 000
Total Assets	37 671 000	39 548 000	36 482 000	36 635 000
Total Retained Equity	36 382 000	39 303 000	36 237 000	34 871 000
Total Equity	36 494 000	39 415 000	36 349 000	34 983 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 176 000	133 000	133 000	1 651 000
Total Equity and Debt	37 671 000	39 548 000	36 482 000	36 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	57 000	48 000	71 000	20 000
Operating Profit	−57 000	−48 000	−71 000	−20 000
Financial Income	885 000	3 114 000	1 466 000	8 048 000
Financial Costs	2 729 000	0	32 000	19 000
Financial Balance	−1 844 000	3 114 000	1 434 000	8 029 000
Dividends	1 000 000	0	0	1 500 000
Net Income	−1 921 000	3 066 000	1 366 000	7 990 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	17 210 000	14 889 000	13 981 000	14 130 000
Total Fixed Assets	17 210 000	14 889 000	13 981 000	14 130 000
Stock	0	0	0	0
Total Investments	12 212 000	14 935 000	12 586 000	11 826 000
Cash, Bank	8 249 000	9 723 000	9 913 000	10 679 000
Total Current Assets	20 461 000	24 659 000	22 501 000	22 505 000
Total Assets	37 671 000	39 548 000	36 482 000	36 635 000
Total Equity	36 494 000	39 415 000	36 349 000	34 983 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 000 000	0	0	1 500 000
Other Current Debt	133 000	133 000	133 000	133 000
Total Current Debt	1 176 000	133 000	133 000	1 651 000
Total Equity and Debt	37 671 000	39 548 000	36 482 000	36 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,26 %	7,78 %	3,76 %	22,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	17,4	185,41	169,18	13,63
Quick Ratio	17,4	185,41	169,18	13,63
Equity Ratio	0,97	1	1	0,95
Gross Profit Margin	-	-	-	-