TVEDT DEVELOPMENT AS

0776 OSLO

Finances

Return on Equity

−4,31 %

Current Ratio

13,34

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 236 000	1 342 000	1 059 000	8 666 000
Net Income	−1 275 000	6 114 000	3 736 000	41 531 000
Total Assets	31 075 000	37 395 000	40 102 000	47 388 000
Total Equity	29 562 000	35 327 000	38 113 000	34 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 236 000	1 342 000	1 059 000	8 666 000
Expenditure	2 525 000	2 190 000	1 212 000	52 000
Operating Profit	−1 289 000	−849 000	−152 000	8 614 000
Financial Income	339 000	7 365 000	5 213 000	35 258 000
Financial Costs	605 000	662 000	1 365 000	4 000
Financial Balance	−266 000	6 703 000	3 848 000	35 254 000
Earnings Before Tax	−1 555 000	5 855 000	3 696 000	43 867 000
Tax	−280 000	−259 000	−40 000	2 336 000
Net Income	−1 275 000	6 114 000	3 736 000	41 531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 482 000	13 905 000	21 234 000	410 000
Total Current Assets	14 593 000	23 490 000	18 868 000	46 977 000
Total Assets	31 075 000	37 395 000	40 102 000	47 388 000
Total Retained Equity	29 352 000	35 127 000	38 013 000	34 277 000
Total Equity	29 562 000	35 327 000	38 113 000	34 377 000
Total Long-Term Debt	419 000	700 000	959 000	1 232 000
Total Current Debt	1 094 000	1 368 000	1 030 000	11 778 000
Total Equity and Debt	31 075 000	37 395 000	40 102 000	47 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 236 000	1 342 000	1 059 000	1 666 000
Other Income	0	0	0	7 000 000
Revenue	1 236 000	1 342 000	1 059 000	8 666 000
Cost of Goods Sold	1 389 000	1 096 000	1 006 000	0
Salary Costs	1 016 000	965 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 525 000	2 190 000	1 212 000	52 000
Operating Profit	−1 289 000	−849 000	−152 000	8 614 000
Financial Income	339 000	7 365 000	5 213 000	35 258 000
Financial Costs	605 000	662 000	1 365 000	4 000
Financial Balance	−266 000	6 703 000	3 848 000	35 254 000
Dividends	0	0	0	10 000 000
Net Income	−1 275 000	6 114 000	3 736 000	41 531 000

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	16 482 000	13 905 000	21 234 000	410 000
Total Fixed Assets	16 482 000	13 905 000	21 234 000	410 000
Stock	0	0	0	0
Total Investments	13 198 000	10 079 000	11 976 000	26 917 000
Cash, Bank	1 168 000	12 818 000	1 900 000	257 000
Total Current Assets	14 593 000	23 490 000	18 868 000	46 977 000
Total Assets	31 075 000	37 395 000	40 102 000	47 388 000
Total Equity	29 562 000	35 327 000	38 113 000	34 377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	419 000	700 000	959 000	1 232 000
Creditors	0	234 000	165 000	0
Unpaid Taxes	433 000	499 000	0	56 000
Dividends	0	0	0	10 000 000
Other Current Debt	661 000	636 000	632 000	618 000
Total Current Debt	1 094 000	1 368 000	1 030 000	11 778 000
Total Equity and Debt	31 075 000	37 395 000	40 102 000	47 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,31 %	17,31 %	9,8 %	120,81 %
Debt-to-Equity Ratio	0,01	0,02	0,03	0,04
Operating Profit Margin	−104,29 %	−63,26 %	−14,35 %	99,4 %
Current Ratio	13,34	17,17	18,32	3,99
Quick Ratio	13,34	17,17	18,32	3,99
Equity Ratio	0,95	0,94	0,95	0,73
Gross Profit Margin	−12,38 %	18,33 %	5 %	100 %