TVETERAAS AS

4180 KVITSØY

Finances

Return on Equity

7,15 %

Current Ratio

9,09

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	941 000	1 017 000	1 101 000	1 446 000
Net Income	226 000	195 000	33 000	332 000
Total Assets	6 325 000	6 144 000	5 975 000	6 303 000
Total Equity	3 161 000	2 935 000	2 740 000	2 707 000

Income (NOK)	2022	2021	2020	2019
Revenue	941 000	1 017 000	1 101 000	1 446 000
Expenditure	584 000	714 000	958 000	1 119 000
Operating Profit	357 000	303 000	144 000	327 000
Financial Income	12 000	1 000	4 000	20 000
Financial Costs	143 000	109 000	114 000	14 000
Financial Balance	−131 000	−108 000	−110 000	6 000
Earnings Before Tax	226 000	195 000	33 000	332 000
Tax	0	0	0	0
Net Income	226 000	195 000	33 000	332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 534 000	5 053 000	4 928 000	4 697 000
Total Current Assets	791 000	1 091 000	1 047 000	1 605 000
Total Assets	6 325 000	6 144 000	5 975 000	6 303 000
Total Retained Equity	2 679 000	2 453 000	2 258 000	2 225 000
Total Equity	3 161 000	2 935 000	2 740 000	2 707 000
Total Long-Term Debt	3 077 000	3 078 000	3 075 000	3 383 000
Total Current Debt	87 000	131 000	160 000	213 000
Total Equity and Debt	6 325 000	6 144 000	5 975 000	6 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	740 000	818 000	1 002 000	1 446 000
Other Income	201 000	199 000	99 000	0
Revenue	941 000	1 017 000	1 101 000	1 446 000
Cost of Goods Sold	0	0	0	0
Salary Costs	74 000	355 000	433 000	848 000
Depreciation	99 000	95 000	70 000	0
Impairment	0	0	0	0
Expenditure	584 000	714 000	958 000	1 119 000
Operating Profit	357 000	303 000	144 000	327 000
Financial Income	12 000	1 000	4 000	20 000
Financial Costs	143 000	109 000	114 000	14 000
Financial Balance	−131 000	−108 000	−110 000	6 000
Dividends	0	0	0	0
Net Income	226 000	195 000	33 000	332 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 248 000	4 212 000	4 299 000	4 101 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	25 000	32 000	0
Total Tangible Assets	4 265 000	4 236 000	4 331 000	4 101 000
Total Fiancial Fixed Assets	1 269 000	816 000	596 000	596 000
Total Fixed Assets	5 534 000	5 053 000	4 928 000	4 697 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	677 000	970 000	986 000	1 483 000
Total Current Assets	791 000	1 091 000	1 047 000	1 605 000
Total Assets	6 325 000	6 144 000	5 975 000	6 303 000
Total Equity	3 161 000	2 935 000	2 740 000	2 707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 077 000	3 078 000	3 075 000	3 383 000
Creditors	0	0	0	0
Unpaid Taxes	27 000	54 000	32 000	86 000
Dividends	0	0	0	0
Other Current Debt	60 000	77 000	128 000	127 000
Total Current Debt	87 000	131 000	160 000	213 000
Total Equity and Debt	6 325 000	6 144 000	5 975 000	6 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,15 %	6,64 %	1,2 %	12,26 %
Debt-to-Equity Ratio	0,97	1,05	1,12	1,25
Operating Profit Margin	37,94 %	29,79 %	13,08 %	22,61 %
Current Ratio	9,09	8,33	6,54	7,54
Quick Ratio	9,09	8,33	6,54	7,54
Equity Ratio	0,5	0,48	0,46	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %