TOR BÅTSERVICE AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

36,33 %

Current Ratio

2,27

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 510 000	7 867 000	7 259 000	7 266 000
Net Income	635 000	623 000	291 000	264 000
Total Assets	2 873 000	2 491 000	1 957 000	1 780 000
Total Equity	1 748 000	1 113 000	891 000	1 100 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 510 000	7 867 000	7 259 000	7 266 000
Expenditure	6 669 000	7 059 000	6 869 000	6 949 000
Operating Profit	840 000	808 000	389 000	317 000
Financial Income	0	0	7 000	0
Financial Costs	27 000	8 000	23 000	1 000
Financial Balance	−27 000	−8 000	−16 000	−1 000
Earnings Before Tax	814 000	801 000	373 000	316 000
Tax	179 000	178 000	82 000	52 000
Net Income	635 000	623 000	291 000	264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	343 000	269 000	279 000	315 000
Total Current Assets	2 529 000	2 222 000	1 678 000	1 465 000
Total Assets	2 873 000	2 491 000	1 957 000	1 780 000
Total Retained Equity	1 718 000	1 083 000	861 000	1 070 000
Total Equity	1 748 000	1 113 000	891 000	1 100 000
Total Long-Term Debt	9 000	7 000	0	11 000
Total Current Debt	1 116 000	1 371 000	1 066 000	669 000
Total Equity and Debt	2 873 000	2 491 000	1 957 000	1 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 510 000	7 867 000	7 192 000	7 266 000
Other Income	0	0	66 000	0
Revenue	7 510 000	7 867 000	7 259 000	7 266 000
Cost of Goods Sold	2 641 000	2 528 000	2 772 000	2 561 000
Salary Costs	2 307 000	2 648 000	2 073 000	2 411 000
Depreciation	59 000	58 000	52 000	62 000
Impairment	0	0	0	0
Expenditure	6 669 000	7 059 000	6 869 000	6 949 000
Operating Profit	840 000	808 000	389 000	317 000
Financial Income	0	0	7 000	0
Financial Costs	27 000	8 000	23 000	1 000
Financial Balance	−27 000	−8 000	−16 000	−1 000
Dividends	0	0	300 000	0
Net Income	635 000	623 000	291 000	264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	16 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	7 000	9 000	12 000
Fixtures	339 000	262 000	254 000	304 000
Total Tangible Assets	343 000	269 000	263 000	315 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	343 000	269 000	279 000	315 000
Stock	1 620 000	1 221 000	776 000	838 000
Total Investments	0	0	0	0
Cash, Bank	734 000	862 000	703 000	335 000
Total Current Assets	2 529 000	2 222 000	1 678 000	1 465 000
Total Assets	2 873 000	2 491 000	1 957 000	1 780 000
Total Equity	1 748 000	1 113 000	891 000	1 100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	7 000	0	11 000
Creditors	641 000	352 000	150 000	104 000
Unpaid Taxes	107 000	231 000	326 000	225 000
Dividends	0	0	300 000	0
Other Current Debt	192 000	233 000	181 000	310 000
Total Current Debt	1 116 000	1 371 000	1 066 000	669 000
Total Equity and Debt	2 873 000	2 491 000	1 957 000	1 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,33 %	55,97 %	32,66 %	24 %
Debt-to-Equity Ratio	0,01	0,01	0	0,01
Operating Profit Margin	11,19 %	10,27 %	5,36 %	4,36 %
Current Ratio	2,27	1,62	1,57	2,19
Quick Ratio	−5,02	14,81	5,79	−8,67
Equity Ratio	0,61	0,45	0,46	0,62
Gross Profit Margin	64,83 %	67,87 %	61,81 %	64,75 %