TVE AS

4916 BORØY

Finances

Share Ownership

Return on Equity

9,66 %

Current Ratio

9,43

Debt-to-Equity Ratio

8,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	437 000	419 000	411 000	403 000
Net Income	74 000	113 000	108 000	39 000
Total Assets	7 347 000	7 318 000	7 356 000	7 286 000
Total Equity	766 000	693 000	580 000	472 000

Income (NOK)	2022	2021	2020	2019
Revenue	437 000	419 000	411 000	403 000
Expenditure	75 000	74 000	80 000	85 000
Operating Profit	361 000	345 000	331 000	319 000
Financial Income	0	0	0	0
Financial Costs	267 000	200 000	193 000	268 000
Financial Balance	−267 000	−200 000	−193 000	−268 000
Earnings Before Tax	94 000	145 000	139 000	50 000
Tax	21 000	32 000	31 000	11 000
Net Income	74 000	113 000	108 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 149 000	7 149 000	7 149 000	7 149 000
Total Current Assets	198 000	168 000	207 000	137 000
Total Assets	7 347 000	7 318 000	7 356 000	7 286 000
Total Retained Equity	476 000	403 000	290 000	182 000
Total Equity	766 000	693 000	580 000	472 000
Total Long-Term Debt	6 560 000	6 596 000	6 746 000	6 803 000
Total Current Debt	21 000	29 000	31 000	11 000
Total Equity and Debt	7 347 000	7 318 000	7 356 000	7 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	437 000	419 000	411 000	403 000
Revenue	437 000	419 000	411 000	403 000
Cost of Goods Sold	73 000	73 000	79 000	69 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	75 000	74 000	80 000	85 000
Operating Profit	361 000	345 000	331 000	319 000
Financial Income	0	0	0	0
Financial Costs	267 000	200 000	193 000	268 000
Financial Balance	−267 000	−200 000	−193 000	−268 000
Dividends	0	0	0	0
Net Income	74 000	113 000	108 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 149 000	7 149 000	7 149 000	7 149 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 149 000	7 149 000	7 149 000	7 149 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 149 000	7 149 000	7 149 000	7 149 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	98 000	68 000	107 000	137 000
Total Current Assets	198 000	168 000	207 000	137 000
Total Assets	7 347 000	7 318 000	7 356 000	7 286 000
Total Equity	766 000	693 000	580 000	472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 560 000	6 596 000	6 746 000	6 803 000
Creditors	0	−3 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	21 000	29 000	31 000	11 000
Total Equity and Debt	7 347 000	7 318 000	7 356 000	7 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,66 %	16,31 %	18,62 %	8,26 %
Debt-to-Equity Ratio	8,56	9,52	11,63	14,41
Operating Profit Margin	82,61 %	82,34 %	80,54 %	79,16 %
Current Ratio	9,43	5,79	6,68	12,45
Quick Ratio	9,43	5,79	6,68	12,45
Equity Ratio	0,1	0,09	0,08	0,06
Gross Profit Margin	83,3 %	82,58 %	80,78 %	82,88 %