TØRSET MALERSERVICE AS

6657 RINDAL

Finances

Share Ownership

Return on Equity

76,64 %

Current Ratio

0,84

Debt-to-Equity Ratio

−0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 744 000	5 189 000	5 363 000	5 337 000
Net Income	−246 000	124 000	390 000	−733 000
Total Assets	1 468 000	974 000	1 073 000	1 090 000
Total Equity	−321 000	−76 000	−199 000	−590 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 744 000	5 189 000	5 363 000	5 337 000
Expenditure	6 898 000	5 031 000	4 928 000	6 014 000
Operating Profit	−153 000	159 000	434 000	−677 000
Financial Income	0	0	2 000	0
Financial Costs	93 000	35 000	46 000	56 000
Financial Balance	−93 000	−35 000	−44 000	−56 000
Earnings Before Tax	−246 000	124 000	390 000	−733 000
Tax	0	0	0	0
Net Income	−246 000	124 000	390 000	−733 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 000	235 000	133 000	304 000
Total Current Assets	1 324 000	738 000	940 000	785 000
Total Assets	1 468 000	974 000	1 073 000	1 090 000
Total Retained Equity	−721 000	−476 000	−599 000	−990 000
Total Equity	−321 000	−76 000	−199 000	−590 000
Total Long-Term Debt	221 000	319 000	312 000	391 000
Total Current Debt	1 568 000	731 000	961 000	1 288 000
Total Equity and Debt	1 468 000	974 000	1 073 000	1 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 912 000	5 186 000	5 337 000	5 403 000
Other Income	−168 000	3 000	25 000	−67 000
Revenue	6 744 000	5 189 000	5 363 000	5 337 000
Cost of Goods Sold	2 028 000	1 385 000	1 365 000	1 675 000
Salary Costs	3 655 000	2 900 000	2 783 000	3 233 000
Depreciation	92 000	57 000	46 000	40 000
Impairment	0	0	0	0
Expenditure	6 898 000	5 031 000	4 928 000	6 014 000
Operating Profit	−153 000	159 000	434 000	−677 000
Financial Income	0	0	2 000	0
Financial Costs	93 000	35 000	46 000	56 000
Financial Balance	−93 000	−35 000	−44 000	−56 000
Dividends	0	0	0	0
Net Income	−246 000	124 000	390 000	−733 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	144 000	235 000	133 000	179 000
Total Tangible Assets	144 000	235 000	133 000	179 000
Total Fiancial Fixed Assets	0	0	0	125 000
Total Fixed Assets	144 000	235 000	133 000	304 000
Stock	204 000	90 000	66 000	79 000
Total Investments	0	0	0	0
Cash, Bank	93 000	82 000	99 000	106 000
Total Current Assets	1 324 000	738 000	940 000	785 000
Total Assets	1 468 000	974 000	1 073 000	1 090 000
Total Equity	−321 000	−76 000	−199 000	−590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	221 000	319 000	312 000	391 000
Creditors	325 000	88 000	155 000	226 000
Unpaid Taxes	354 000	218 000	262 000	311 000
Dividends	0	0	0	0
Other Current Debt	456 000	345 000	335 000	372 000
Total Current Debt	1 568 000	731 000	961 000	1 288 000
Total Equity and Debt	1 468 000	974 000	1 073 000	1 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,64 %	−163,16 %	−195,98 %	124,24 %
Debt-to-Equity Ratio	−0,69	−4,2	−1,57	−0,66
Operating Profit Margin	−2,27 %	3,06 %	8,09 %	−12,69 %
Current Ratio	0,84	1,01	0,98	0,61
Quick Ratio	0,97	1,15	1,05	0,65
Equity Ratio	−0,22	−0,08	−0,19	−0,54
Gross Profit Margin	69,93 %	73,31 %	74,55 %	68,62 %