Tore Løkke A/S

7177 REVSNES

Finances

Share Ownership

Return on Equity

−35,12 %

Current Ratio

1,33

Debt-to-Equity Ratio

2,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	311 472 000	334 459 000	372 331 000	344 691 000
Net Income	−10 166 000	15 710 000	24 624 000	21 511 000
Total Assets	175 644 000	195 421 000	245 516 000	287 947 000
Total Equity	28 949 000	39 115 000	49 105 000	66 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	311 472 000	334 459 000	372 331 000	344 691 000
Expenditure	321 818 000	313 511 000	339 937 000	317 100 000
Operating Profit	−10 347 000	20 950 000	32 395 000	27 589 000
Financial Income	256 000	657 000	943 000	1 680 000
Financial Costs	2 942 000	1 465 000	1 769 000	1 691 000
Financial Balance	−2 686 000	−808 000	−826 000	−11 000
Earnings Before Tax	−13 032 000	20 142 000	31 569 000	27 578 000
Tax	−2 866 000	4 432 000	6 945 000	6 068 000
Net Income	−10 166 000	15 710 000	24 624 000	21 511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 064 000	81 569 000	78 812 000	82 711 000
Total Current Assets	94 581 000	113 852 000	166 704 000	205 236 000
Total Assets	175 644 000	195 421 000	245 516 000	287 947 000
Total Retained Equity	21 061 000	31 227 000	41 216 000	58 363 000
Total Equity	28 949 000	39 115 000	49 105 000	66 251 000
Total Long-Term Debt	75 683 000	82 712 000	72 669 000	74 278 000
Total Current Debt	71 013 000	73 595 000	123 743 000	147 418 000
Total Equity and Debt	175 644 000	195 421 000	245 516 000	287 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	304 745 000	318 103 000	361 130 000	339 860 000
Other Income	6 727 000	16 357 000	11 202 000	4 831 000
Revenue	311 472 000	334 459 000	372 331 000	344 691 000
Cost of Goods Sold	139 927 000	134 464 000	184 088 000	167 906 000
Salary Costs	102 194 000	90 611 000	85 736 000	79 846 000
Depreciation	29 862 000	26 131 000	24 019 000	19 768 000
Impairment	0	0	0	0
Expenditure	321 818 000	313 511 000	339 937 000	317 100 000
Operating Profit	−10 347 000	20 950 000	32 395 000	27 589 000
Financial Income	256 000	657 000	943 000	1 680 000
Financial Costs	2 942 000	1 465 000	1 769 000	1 691 000
Financial Balance	−2 686 000	−808 000	−826 000	−11 000
Dividends	0	25 700 000	41 770 000	21 510 000
Net Income	−10 166 000	15 710 000	24 624 000	21 511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	850 000	970 000	1 090 000	0
Real Eastate	402 000	436 000	469 000	0
Machinery and Plant Facilities	79 812 000	80 164 000	77 253 000	82 711 000
Fixtures	0	0	0	0
Total Tangible Assets	80 214 000	80 599 000	77 722 000	82 711 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 064 000	81 569 000	78 812 000	82 711 000
Stock	14 359 000	15 941 000	14 725 000	12 457 000
Total Investments	0	0	0	0
Cash, Bank	4 049 000	81 448 000	84 445 000	101 857 000
Total Current Assets	94 581 000	113 852 000	166 704 000	205 236 000
Total Assets	175 644 000	195 421 000	245 516 000	287 947 000
Total Equity	28 949 000	39 115 000	49 105 000	66 251 000
Short-Term Group Debt	14 710 000	2 621 000	9 555 000	66 494 000
Total Long-Term Debt	75 683 000	82 712 000	72 669 000	74 278 000
Creditors	25 594 000	24 394 000	38 797 000	38 293 000
Unpaid Taxes	15 116 000	10 708 000	21 260 000	8 311 000
Dividends	0	25 700 000	41 770 000	21 510 000
Other Current Debt	10 285 000	10 171 000	9 328 000	12 810 000
Total Current Debt	71 013 000	73 595 000	123 743 000	147 418 000
Total Equity and Debt	175 644 000	195 421 000	245 516 000	287 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,12 %	40,16 %	50,15 %	32,47 %
Debt-to-Equity Ratio	2,61	2,11	1,48	1,12
Operating Profit Margin	−3,32 %	6,26 %	8,7 %	8 %
Current Ratio	1,33	1,55	1,35	1,39
Quick Ratio	1,67	1,97	1,53	1,52
Equity Ratio	0,16	0,2	0,2	0,23
Gross Profit Margin	55,08 %	59,8 %	50,56 %	51,29 %