TOR IVAR MARTINSEN TRANSPORT AS

3370 VIKERSUND

Finances

Return on Equity

27,06 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 294 000	7 375 000	5 230 000	6 526 000
Net Income	3 265 000	1 453 000	533 000	1 154 000
Total Assets	16 521 000	12 913 000	11 171 000	10 676 000
Total Equity	12 064 000	8 799 000	10 346 000	9 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 294 000	7 375 000	5 230 000	6 526 000
Expenditure	10 178 000	5 557 000	4 598 000	5 123 000
Operating Profit	4 115 000	1 819 000	632 000	1 404 000
Financial Income	73 000	44 000	57 000	77 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	72 000	44 000	56 000	76 000
Earnings Before Tax	4 186 000	1 863 000	688 000	1 480 000
Tax	921 000	410 000	155 000	326 000
Net Income	3 265 000	1 453 000	533 000	1 154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 418 000	4 343 000	4 423 000	4 380 000
Total Current Assets	10 103 000	8 570 000	6 748 000	6 296 000
Total Assets	16 521 000	12 913 000	11 171 000	10 676 000
Total Retained Equity	11 964 000	8 699 000	10 246 000	9 713 000
Total Equity	12 064 000	8 799 000	10 346 000	9 813 000
Total Long-Term Debt	236 000	180 000	200 000	206 000
Total Current Debt	4 221 000	3 934 000	625 000	658 000
Total Equity and Debt	16 521 000	12 913 000	11 171 000	10 676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 733 000	7 375 000	5 230 000	6 082 000
Other Income	561 000	0	0	444 000
Revenue	14 294 000	7 375 000	5 230 000	6 526 000
Cost of Goods Sold	118 000	2 000	47 000	30 000
Salary Costs	3 630 000	1 260 000	1 207 000	1 473 000
Depreciation	946 000	771 000	756 000	744 000
Impairment	0	0	0	0
Expenditure	10 178 000	5 557 000	4 598 000	5 123 000
Operating Profit	4 115 000	1 819 000	632 000	1 404 000
Financial Income	73 000	44 000	57 000	77 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	72 000	44 000	56 000	76 000
Dividends	0	3 000 000	0	0
Net Income	3 265 000	1 453 000	533 000	1 154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	456 000	508 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 951 000	3 236 000	3 823 000	3 780 000
Total Tangible Assets	5 407 000	3 743 000	3 823 000	3 780 000
Total Fiancial Fixed Assets	1 010 000	600 000	600 000	600 000
Total Fixed Assets	6 418 000	4 343 000	4 423 000	4 380 000
Stock	137 000	96 000	96 000	96 000
Total Investments	0	0	0	0
Cash, Bank	8 524 000	7 585 000	5 900 000	5 443 000
Total Current Assets	10 103 000	8 570 000	6 748 000	6 296 000
Total Assets	16 521 000	12 913 000	11 171 000	10 676 000
Total Equity	12 064 000	8 799 000	10 346 000	9 813 000
Short-Term Group Debt	1 742 000	0	0	−4 000
Total Long-Term Debt	236 000	180 000	200 000	206 000
Creditors	214 000	163 000	149 000	45 000
Unpaid Taxes	538 000	229 000	174 000	230 000
Dividends	0	3 000 000	0	0
Other Current Debt	977 000	3 113 000	141 000	169 000
Total Current Debt	4 221 000	3 934 000	625 000	658 000
Total Equity and Debt	16 521 000	12 913 000	11 171 000	10 676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,06 %	16,51 %	5,15 %	11,76 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,02
Operating Profit Margin	28,79 %	24,66 %	12,08 %	21,51 %
Current Ratio	2,39	2,18	10,8	9,57
Quick Ratio	2,47	2,23	12,76	11,2
Equity Ratio	0,73	0,68	0,93	0,92
Gross Profit Margin	99,17 %	99,97 %	99,1 %	99,54 %