TORE OLSEN SALG AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

0,74 %

Current Ratio

9,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 710 000	10 985 000	10 537 000	10 962 000
Net Income	98 000	599 000	178 000	463 000
Total Assets	14 318 000	15 125 000	14 596 000	15 518 000
Total Equity	13 281 000	13 273 000	13 277 000	13 272 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 710 000	10 985 000	10 537 000	10 962 000
Expenditure	9 653 000	10 356 000	10 438 000	10 525 000
Operating Profit	58 000	629 000	100 000	437 000
Financial Income	83 000	151 000	140 000	169 000
Financial Costs	15 000	13 000	12 000	12 000
Financial Balance	68 000	138 000	128 000	157 000
Earnings Before Tax	126 000	768 000	228 000	594 000
Tax	28 000	169 000	50 000	131 000
Net Income	98 000	599 000	178 000	463 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 449 000	4 073 000	4 978 000	1 585 000
Total Current Assets	9 868 000	11 052 000	9 618 000	13 933 000
Total Assets	14 318 000	15 125 000	14 596 000	15 518 000
Total Retained Equity	12 281 000	12 273 000	12 277 000	12 272 000
Total Equity	13 281 000	13 273 000	13 277 000	13 272 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 037 000	1 852 000	1 318 000	2 246 000
Total Equity and Debt	14 318 000	15 125 000	14 596 000	15 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 710 000	10 985 000	10 537 000	10 962 000
Other Income	0	0	0	0
Revenue	9 710 000	10 985 000	10 537 000	10 962 000
Cost of Goods Sold	6 987 000	7 090 000	7 474 000	7 347 000
Salary Costs	1 513 000	2 036 000	1 896 000	1 979 000
Depreciation	32 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	9 653 000	10 356 000	10 438 000	10 525 000
Operating Profit	58 000	629 000	100 000	437 000
Financial Income	83 000	151 000	140 000	169 000
Financial Costs	15 000	13 000	12 000	12 000
Financial Balance	68 000	138 000	128 000	157 000
Dividends	0	0	0	0
Net Income	98 000	599 000	178 000	463 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	60 000	59 000	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	13 000	13 000	19 000	25 000
Fixtures	179 000	0	0	0
Total Tangible Assets	191 000	13 000	19 000	25 000
Total Fiancial Fixed Assets	4 200 000	4 000 000	4 900 000	1 500 000
Total Fixed Assets	4 449 000	4 073 000	4 978 000	1 585 000
Stock	6 968 000	6 075 000	5 991 000	4 703 000
Total Investments	0	0	0	0
Cash, Bank	1 582 000	3 614 000	2 411 000	7 378 000
Total Current Assets	9 868 000	11 052 000	9 618 000	13 933 000
Total Assets	14 318 000	15 125 000	14 596 000	15 518 000
Total Equity	13 281 000	13 273 000	13 277 000	13 272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	715 000	739 000	880 000	1 086 000
Unpaid Taxes	37 000	127 000	79 000	98 000
Dividends	0	0	0	0
Other Current Debt	284 000	986 000	359 000	1 061 000
Total Current Debt	1 037 000	1 852 000	1 318 000	2 246 000
Total Equity and Debt	14 318 000	15 125 000	14 596 000	15 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,74 %	4,51 %	1,34 %	3,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,6 %	5,73 %	0,95 %	3,99 %
Current Ratio	9,52	5,97	7,3	6,2
Quick Ratio	−1,66	−2,62	−2,06	−5,67
Equity Ratio	0,93	0,88	0,91	0,86
Gross Profit Margin	28,04 %	35,46 %	29,07 %	32,98 %