TVEDESTRAND OPTIKK AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

51,82 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 856 000	7 541 000	7 083 000	6 869 000
Net Income	1 066 000	1 262 000	1 035 000	831 000
Total Assets	3 907 000	2 996 000	3 432 000	2 702 000
Total Equity	2 057 000	1 719 000	1 157 000	1 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 856 000	7 541 000	7 083 000	6 869 000
Expenditure	6 453 000	5 881 000	5 686 000	5 731 000
Operating Profit	1 404 000	1 659 000	1 397 000	1 139 000
Financial Income	0	0	1 000	3 000
Financial Costs	46 000	54 000	44 000	52 000
Financial Balance	−46 000	−54 000	−43 000	−49 000
Earnings Before Tax	1 357 000	1 605 000	1 354 000	1 090 000
Tax	292 000	343 000	318 000	259 000
Net Income	1 066 000	1 262 000	1 035 000	831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	723 000	456 000	454 000	628 000
Total Current Assets	3 184 000	2 540 000	2 978 000	2 074 000
Total Assets	3 907 000	2 996 000	3 432 000	2 702 000
Total Retained Equity	1 957 000	1 619 000	1 057 000	1 650 000
Total Equity	2 057 000	1 719 000	1 157 000	1 750 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 850 000	1 277 000	2 275 000	952 000
Total Equity and Debt	3 907 000	2 996 000	3 432 000	2 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 856 000	7 541 000	7 083 000	6 869 000
Other Income	0	0	0	0
Revenue	7 856 000	7 541 000	7 083 000	6 869 000
Cost of Goods Sold	1 904 000	1 829 000	1 724 000	1 715 000
Salary Costs	2 727 000	2 422 000	2 069 000	2 096 000
Depreciation	148 000	133 000	299 000	299 000
Impairment	0	0	0	0
Expenditure	6 453 000	5 881 000	5 686 000	5 731 000
Operating Profit	1 404 000	1 659 000	1 397 000	1 139 000
Financial Income	0	0	1 000	3 000
Financial Costs	46 000	54 000	44 000	52 000
Financial Balance	−46 000	−54 000	−43 000	−49 000
Dividends	700 000	700 000	1 600 000	0
Net Income	1 066 000	1 262 000	1 035 000	831 000

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	723 000	456 000	454 000	628 000
Total Tangible Assets	723 000	456 000	454 000	628 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	723 000	456 000	454 000	628 000
Stock	471 000	504 000	406 000	436 000
Total Investments	0	0	0	0
Cash, Bank	2 614 000	1 782 000	2 379 000	1 434 000
Total Current Assets	3 184 000	2 540 000	2 978 000	2 074 000
Total Assets	3 907 000	2 996 000	3 432 000	2 702 000
Total Equity	2 057 000	1 719 000	1 157 000	1 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	201 000	217 000	180 000	150 000
Unpaid Taxes	192 000	299 000	285 000	200 000
Dividends	700 000	700 000	1 600 000	0
Other Current Debt	473 000	418 000	400 000	343 000
Total Current Debt	1 850 000	1 277 000	2 275 000	952 000
Total Equity and Debt	3 907 000	2 996 000	3 432 000	2 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,82 %	73,41 %	89,46 %	47,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,87 %	22 %	19,72 %	16,58 %
Current Ratio	1,72	1,99	1,31	2,18
Quick Ratio	2,31	3,29	1,59	4,02
Equity Ratio	0,53	0,57	0,34	0,65
Gross Profit Margin	75,76 %	75,75 %	75,66 %	75,03 %