TVEIT-INVEST AS

5918 FREKHAUG

Finances

Return on Equity

16,21 %

Current Ratio

18,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 256 000	1 054 000	899 000	994 000
Net Income	1 692 000	842 000	1 220 000	1 119 000
Total Assets	11 032 000	9 190 000	8 612 000	7 669 000
Total Equity	10 435 000	8 743 000	7 901 000	7 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 256 000	1 054 000	899 000	994 000
Expenditure	149 000	250 000	84 000	141 000
Operating Profit	1 108 000	804 000	815 000	854 000
Financial Income	883 000	229 000	602 000	490 000
Financial Costs	0	0	1 000	1 000
Financial Balance	883 000	229 000	601 000	489 000
Earnings Before Tax	1 990 000	1 033 000	1 415 000	1 343 000
Tax	298 000	191 000	195 000	224 000
Net Income	1 692 000	842 000	1 220 000	1 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	10 000	0	323 000
Total Current Assets	10 976 000	9 179 000	8 612 000	7 346 000
Total Assets	11 032 000	9 190 000	8 612 000	7 669 000
Total Retained Equity	10 335 000	8 643 000	7 801 000	7 081 000
Total Equity	10 435 000	8 743 000	7 901 000	7 181 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	597 000	445 000	711 000	488 000
Total Equity and Debt	11 032 000	9 190 000	8 612 000	7 669 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 256 000	1 054 000	899 000	989 000
Other Income	0	0	0	4 000
Revenue	1 256 000	1 054 000	899 000	994 000
Cost of Goods Sold	0	0	0	13 000
Salary Costs	6 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	149 000	250 000	84 000	141 000
Operating Profit	1 108 000	804 000	815 000	854 000
Financial Income	883 000	229 000	602 000	490 000
Financial Costs	0	0	1 000	1 000
Financial Balance	883 000	229 000	601 000	489 000
Dividends	0	0	500 000	0
Net Income	1 692 000	842 000	1 220 000	1 119 000

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	56 000	10 000	0	323 000
Total Fixed Assets	56 000	10 000	0	323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 515 000	8 740 000	8 226 000	7 305 000
Total Current Assets	10 976 000	9 179 000	8 612 000	7 346 000
Total Assets	11 032 000	9 190 000	8 612 000	7 669 000
Total Equity	10 435 000	8 743 000	7 901 000	7 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	3 000	0	6 000	17 000
Unpaid Taxes	295 000	256 000	210 000	247 000
Dividends	0	0	500 000	0
Other Current Debt	0	0	0	0
Total Current Debt	597 000	445 000	711 000	488 000
Total Equity and Debt	11 032 000	9 190 000	8 612 000	7 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,21 %	9,63 %	15,44 %	15,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	88,22 %	76,28 %	90,66 %	85,92 %
Current Ratio	18,39	20,63	12,11	15,05
Quick Ratio	18,39	20,63	12,11	15,05
Equity Ratio	0,95	0,95	0,92	0,94
Gross Profit Margin	100 %	100 %	100 %	98,69 %