TVEDT ASSISTANSE LIMITED

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

5,96 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2019	2018	2017	2016
Revenue	452 000	503 000	1 094 000	987 000
Net Income	23 000	16 000	34 000	78 000
Total Assets	617 000	649 000	945 000	792 000
Total Equity	386 000	363 000	347 000	314 000

Income (NOK)	2019	2018	2017	2016
Revenue	452 000	503 000	1 094 000	987 000
Expenditure	421 000	476 000	1 048 000	858 000
Operating Profit	31 000	27 000	46 000	130 000
Financial Income	0	0	0	2 000
Financial Costs	2 000	7 000	1 000	6 000
Financial Balance	−2 000	−7 000	−1 000	−4 000
Earnings Before Tax	29 000	21 000	45 000	126 000
Tax	6 000	5 000	0	48 000
Net Income	23 000	16 000	34 000	78 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	73 000	91 000	153 000	177 000
Total Current Assets	544 000	558 000	792 000	615 000
Total Assets	617 000	649 000	945 000	792 000
Total Retained Equity	386 000	363 000	347 000	314 000
Total Equity	386 000	363 000	347 000	314 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	231 000	286 000	598 000	478 000
Total Equity and Debt	617 000	649 000	945 000	792 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	452 000	490 000	904 000	987 000
Other Income	0	13 000	189 000	0
Revenue	452 000	503 000	1 094 000	987 000
Cost of Goods Sold	−4 000	13 000	25 000	83 000
Salary Costs	246 000	277 000	666 000	543 000
Depreciation	18 000	23 000	24 000	0
Impairment	0	0	0	0
Expenditure	421 000	476 000	1 048 000	858 000
Operating Profit	31 000	27 000	46 000	130 000
Financial Income	0	0	0	2 000
Financial Costs	2 000	7 000	1 000	6 000
Financial Balance	−2 000	−7 000	−1 000	−4 000
Dividends	0	0	0	0
Net Income	23 000	16 000	34 000	78 000

Balance details (NOK)	2019	2018	2017	2016
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	73 000	91 000	96 000	0
Total Tangible Assets	73 000	91 000	96 000	0
Total Fiancial Fixed Assets	0	0	57 000	177 000
Total Fixed Assets	73 000	91 000	153 000	177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	9 000	189 000	8 000
Total Current Assets	544 000	558 000	792 000	615 000
Total Assets	617 000	649 000	945 000	792 000
Total Equity	386 000	363 000	347 000	314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	51 000	32 000	42 000	47 000
Unpaid Taxes	0	73 000	265 000	102 000
Dividends	0	0	0	0
Other Current Debt	174 000	176 000	280 000	216 000
Total Current Debt	231 000	286 000	598 000	478 000
Total Equity and Debt	617 000	649 000	945 000	792 000

Financial indicators	2019	2018	2017	2016
Return on Equity	5,96 %	4,41 %	9,8 %	24,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,86 %	5,37 %	4,2 %	13,17 %
Current Ratio	2,35	1,95	1,32	1,29
Quick Ratio	2,35	1,95	1,32	1,29
Equity Ratio	0,63	0,56	0,37	0,4
Gross Profit Margin	100,88 %	97,42 %	97,71 %	91,59 %