TORVET LEGESENTER AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

75,71 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 068 000	7 313 000	6 732 000	5 948 000
Net Income	1 724 000	1 780 000	1 317 000	624 000
Total Assets	3 938 000	5 056 000	4 047 000	2 538 000
Total Equity	2 277 000	2 053 000	1 973 000	1 656 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 068 000	7 313 000	6 732 000	5 948 000
Expenditure	5 857 000	5 031 000	5 043 000	5 149 000
Operating Profit	2 211 000	2 282 000	1 689 000	800 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	−1 000	0
Earnings Before Tax	2 211 000	2 282 000	1 688 000	800 000
Tax	486 000	502 000	372 000	176 000
Net Income	1 724 000	1 780 000	1 317 000	624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	550 000	218 000	209 000	217 000
Total Current Assets	3 388 000	4 838 000	3 838 000	2 321 000
Total Assets	3 938 000	5 056 000	4 047 000	2 538 000
Total Retained Equity	2 177 000	1 953 000	1 873 000	1 556 000
Total Equity	2 277 000	2 053 000	1 973 000	1 656 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 661 000	3 003 000	2 075 000	882 000
Total Equity and Debt	3 938 000	5 056 000	4 047 000	2 538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 264 000	3 012 000	2 725 000	2 451 000
Other Income	4 804 000	4 301 000	4 008 000	3 497 000
Revenue	8 068 000	7 313 000	6 732 000	5 948 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 585 000	2 985 000	2 904 000	2 873 000
Depreciation	49 000	35 000	62 000	117 000
Impairment	0	0	0	0
Expenditure	5 857 000	5 031 000	5 043 000	5 149 000
Operating Profit	2 211 000	2 282 000	1 689 000	800 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	−1 000	0
Dividends	1 500 000	1 700 000	1 000 000	0
Net Income	1 724 000	1 780 000	1 317 000	624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	29 000	27 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	487 000	144 000	140 000	127 000
Total Tangible Assets	487 000	144 000	140 000	127 000
Total Fiancial Fixed Assets	49 000	45 000	42 000	38 000
Total Fixed Assets	550 000	218 000	209 000	217 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 177 000	4 424 000	3 098 000	1 427 000
Total Current Assets	3 388 000	4 838 000	3 838 000	2 321 000
Total Assets	3 938 000	5 056 000	4 047 000	2 538 000
Total Equity	2 277 000	2 053 000	1 973 000	1 656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	541 000	184 000	65 000	98 000
Unpaid Taxes	179 000	179 000	197 000	130 000
Dividends	1 500 000	1 700 000	1 000 000	0
Other Current Debt	469 000	2 134 000	434 000	467 000
Total Current Debt	1 661 000	3 003 000	2 075 000	882 000
Total Equity and Debt	3 938 000	5 056 000	4 047 000	2 538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,71 %	86,7 %	66,75 %	37,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,4 %	31,2 %	25,09 %	13,45 %
Current Ratio	2,04	1,61	1,85	2,63
Quick Ratio	2,04	1,61	1,85	2,63
Equity Ratio	0,58	0,41	0,49	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %