TORMOD BRAGDØ AS

4635 KRISTIANSAND S

Finances

Return on Equity

16,56 %

Current Ratio

3,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 208 000	8 586 000	8 936 000	11 200 000
Net Income	1 105 000	898 000	910 000	1 863 000
Total Assets	8 998 000	7 960 000	8 453 000	7 930 000
Total Equity	6 674 000	5 803 000	5 373 000	4 931 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 208 000	8 586 000	8 936 000	11 200 000
Expenditure	8 826 000	7 447 000	7 814 000	8 871 000
Operating Profit	1 382 000	1 140 000	1 123 000	2 330 000
Financial Income	36 000	12 000	46 000	59 000
Financial Costs	1 000	0	3 000	0
Financial Balance	35 000	12 000	43 000	59 000
Earnings Before Tax	1 417 000	1 151 000	1 167 000	2 389 000
Tax	312 000	253 000	257 000	525 000
Net Income	1 105 000	898 000	910 000	1 863 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	203 000	262 000	372 000
Total Current Assets	8 843 000	7 758 000	8 191 000	7 557 000
Total Assets	8 998 000	7 960 000	8 453 000	7 930 000
Total Retained Equity	6 574 000	5 703 000	5 273 000	4 831 000
Total Equity	6 674 000	5 803 000	5 373 000	4 931 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 324 000	2 158 000	3 080 000	2 999 000
Total Equity and Debt	8 998 000	7 960 000	8 453 000	7 930 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 208 000	8 586 000	8 936 000	11 200 000
Other Income	0	0	0	0
Revenue	10 208 000	8 586 000	8 936 000	11 200 000
Cost of Goods Sold	5 637 000	4 516 000	4 844 000	5 590 000
Salary Costs	2 209 000	2 023 000	2 106 000	2 279 000
Depreciation	48 000	80 000	94 000	52 000
Impairment	0	0	0	0
Expenditure	8 826 000	7 447 000	7 814 000	8 871 000
Operating Profit	1 382 000	1 140 000	1 123 000	2 330 000
Financial Income	36 000	12 000	46 000	59 000
Financial Costs	1 000	0	3 000	0
Financial Balance	35 000	12 000	43 000	59 000
Dividends	0	0	0	0
Net Income	1 105 000	898 000	910 000	1 863 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	45 000	24 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	138 000	218 000	311 000
Total Tangible Assets	90 000	138 000	218 000	311 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	155 000	203 000	262 000	372 000
Stock	17 000	7 000	7 000	13 000
Total Investments	0	0	0	0
Cash, Bank	6 650 000	6 178 000	6 087 000	5 840 000
Total Current Assets	8 843 000	7 758 000	8 191 000	7 557 000
Total Assets	8 998 000	7 960 000	8 453 000	7 930 000
Total Equity	6 674 000	5 803 000	5 373 000	4 931 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	254 000	253 000	780 000	602 000
Unpaid Taxes	529 000	505 000	649 000	432 000
Dividends	0	0	0	0
Other Current Debt	1 295 000	1 257 000	1 543 000	1 670 000
Total Current Debt	2 324 000	2 158 000	3 080 000	2 999 000
Total Equity and Debt	8 998 000	7 960 000	8 453 000	7 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,56 %	15,47 %	16,94 %	37,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,54 %	13,28 %	12,57 %	20,8 %
Current Ratio	3,81	3,59	2,66	2,52
Quick Ratio	3,83	3,61	2,67	2,53
Equity Ratio	0,74	0,73	0,64	0,62
Gross Profit Margin	44,78 %	47,4 %	45,79 %	50,09 %