TVEITE SERVICE AS

5713 VOSSESTRAND

Finances

Share Ownership

Return on Equity

6,21 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	319 000	263 000	287 000	244 000
Net Income	9 000	3 000	−9 000	62 000
Total Assets	661 000	667 000	624 000	616 000
Total Equity	145 000	136 000	133 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	319 000	263 000	287 000	244 000
Expenditure	310 000	263 000	303 000	165 000
Operating Profit	10 000	0	−15 000	79 000
Financial Income	1 000	0	4 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	4 000	0
Earnings Before Tax	11 000	0	−11 000	79 000
Tax	2 000	−3 000	−2 000	17 000
Net Income	9 000	3 000	−9 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	217 000	233 000	250 000	268 000
Total Current Assets	444 000	434 000	375 000	348 000
Total Assets	661 000	667 000	624 000	616 000
Total Retained Equity	115 000	106 000	103 000	112 000
Total Equity	145 000	136 000	133 000	142 000
Total Long-Term Debt	3 000	1 000	1 000	3 000
Total Current Debt	513 000	530 000	491 000	471 000
Total Equity and Debt	661 000	667 000	624 000	616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	319 000	263 000	287 000	244 000
Other Income	0	0	1 000	0
Revenue	319 000	263 000	287 000	244 000
Cost of Goods Sold	115 000	67 000	98 000	84 000
Salary Costs	103 000	105 000	101 000	26 000
Depreciation	16 000	17 000	18 000	20 000
Impairment	0	0	0	0
Expenditure	310 000	263 000	303 000	165 000
Operating Profit	10 000	0	−15 000	79 000
Financial Income	1 000	0	4 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	4 000	0
Dividends	0	0	0	0
Net Income	9 000	3 000	−9 000	62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	217 000	233 000	250 000	268 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	217 000	233 000	250 000	268 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	217 000	233 000	250 000	268 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	416 000	427 000	367 000	285 000
Total Current Assets	444 000	434 000	375 000	348 000
Total Assets	661 000	667 000	624 000	616 000
Total Equity	145 000	136 000	133 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	1 000	1 000	3 000
Creditors	10 000	12 000	5 000	14 000
Unpaid Taxes	76 000	91 000	75 000	29 000
Dividends	0	0	0	0
Other Current Debt	427 000	411 000	411 000	411 000
Total Current Debt	513 000	530 000	491 000	471 000
Total Equity and Debt	661 000	667 000	624 000	616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,21 %	2,21 %	−6,77 %	43,66 %
Debt-to-Equity Ratio	0,02	0,01	0,01	0,02
Operating Profit Margin	3,13 %	0 %	−5,23 %	32,38 %
Current Ratio	0,87	0,82	0,76	0,74
Quick Ratio	0,87	0,82	0,76	0,74
Equity Ratio	0,22	0,2	0,21	0,23
Gross Profit Margin	63,95 %	74,52 %	65,85 %	65,57 %