TVEDESTRAND ELEKTROMARKED AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

−30,34 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 394 000	48 644 000	55 957 000	43 783 000
Net Income	−1 154 000	−661 000	2 237 000	1 011 000
Total Assets	11 719 000	11 804 000	12 709 000	11 021 000
Total Equity	3 804 000	5 158 000	6 319 000	4 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 394 000	48 644 000	55 957 000	43 783 000
Expenditure	48 774 000	49 437 000	52 982 000	42 355 000
Operating Profit	−1 380 000	−793 000	2 975 000	1 428 000
Financial Income	2 000	3 000	0	0
Financial Costs	102 000	57 000	100 000	129 000
Financial Balance	−100 000	−54 000	−100 000	−129 000
Earnings Before Tax	−1 480 000	−847 000	2 874 000	1 299 000
Tax	−326 000	−186 000	637 000	288 000
Net Income	−1 154 000	−661 000	2 237 000	1 011 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 641 000	1 769 000	2 092 000	2 524 000
Total Current Assets	10 077 000	10 035 000	10 617 000	8 497 000
Total Assets	11 719 000	11 804 000	12 709 000	11 021 000
Total Retained Equity	3 604 000	4 958 000	6 119 000	3 882 000
Total Equity	3 804 000	5 158 000	6 319 000	4 082 000
Total Long-Term Debt	65 000	422 000	1 195 000	1 849 000
Total Current Debt	7 850 000	6 225 000	5 195 000	5 090 000
Total Equity and Debt	11 719 000	11 804 000	12 709 000	11 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 595 000	47 866 000	54 896 000	42 769 000
Other Income	799 000	778 000	1 061 000	1 014 000
Revenue	47 394 000	48 644 000	55 957 000	43 783 000
Cost of Goods Sold	39 088 000	40 069 000	43 868 000	33 928 000
Salary Costs	5 906 000	6 014 000	5 659 000	5 090 000
Depreciation	453 000	446 000	432 000	430 000
Impairment	0	0	0	0
Expenditure	48 774 000	49 437 000	52 982 000	42 355 000
Operating Profit	−1 380 000	−793 000	2 975 000	1 428 000
Financial Income	2 000	3 000	0	0
Financial Costs	102 000	57 000	100 000	129 000
Financial Balance	−100 000	−54 000	−100 000	−129 000
Dividends	0	0	0	0
Net Income	−1 154 000	−661 000	2 237 000	1 011 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	377 000	51 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	1 856 000	2 235 000
Fixtures	1 265 000	1 718 000	0	0
Total Tangible Assets	1 265 000	1 718 000	2 092 000	2 524 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 641 000	1 769 000	2 092 000	2 524 000
Stock	7 714 000	7 755 000	7 633 000	6 754 000
Total Investments	0	0	0	0
Cash, Bank	291 000	347 000	231 000	276 000
Total Current Assets	10 077 000	10 035 000	10 617 000	8 497 000
Total Assets	11 719 000	11 804 000	12 709 000	11 021 000
Total Equity	3 804 000	5 158 000	6 319 000	4 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	422 000	1 195 000	1 849 000
Creditors	2 381 000	2 325 000	2 405 000	2 419 000
Unpaid Taxes	789 000	936 000	796 000	591 000
Dividends	0	0	0	0
Other Current Debt	1 558 000	2 963 000	553 000	489 000
Total Current Debt	7 850 000	6 225 000	5 195 000	5 090 000
Total Equity and Debt	11 719 000	11 804 000	12 709 000	11 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,34 %	−12,82 %	35,4 %	24,77 %
Debt-to-Equity Ratio	0,02	0,08	0,19	0,45
Operating Profit Margin	−2,91 %	−1,63 %	5,32 %	3,26 %
Current Ratio	1,28	1,61	2,04	1,67
Quick Ratio	74,1	−6,56	−4,35	−5,11
Equity Ratio	0,32	0,44	0,5	0,37
Gross Profit Margin	17,53 %	17,63 %	21,6 %	22,51 %