TOOLFARM AS

8412 VESTBYGD

Finances

Share Ownership

Return on Equity

−5,27 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 852 000	10 827 000	10 122 000	6 794 000
Net Income	−80 000	420 000	555 000	−488 000
Total Assets	6 566 000	5 637 000	5 375 000	5 123 000
Total Equity	1 518 000	1 598 000	1 178 000	623 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 852 000	10 827 000	10 122 000	6 794 000
Expenditure	9 732 000	10 181 000	9 237 000	7 504 000
Operating Profit	121 000	645 000	886 000	−460 000
Financial Income	13 000	13 000	8 000	6 000
Financial Costs	237 000	120 000	182 000	171 000
Financial Balance	−224 000	−107 000	−174 000	−165 000
Earnings Before Tax	−103 000	539 000	712 000	−626 000
Tax	−22 000	119 000	157 000	−138 000
Net Income	−80 000	420 000	555 000	−488 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 185 000	914 000	825 000	1 012 000
Total Current Assets	5 381 000	4 723 000	4 551 000	4 111 000
Total Assets	6 566 000	5 637 000	5 375 000	5 123 000
Total Retained Equity	1 258 000	1 338 000	918 000	363 000
Total Equity	1 518 000	1 598 000	1 178 000	623 000
Total Long-Term Debt	1 275 000	1 505 000	1 735 000	1 965 000
Total Current Debt	3 773 000	2 534 000	2 462 000	2 534 000
Total Equity and Debt	6 566 000	5 637 000	5 375 000	5 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 852 000	10 827 000	10 122 000	6 794 000
Other Income	0	0	0	0
Revenue	9 852 000	10 827 000	10 122 000	6 794 000
Cost of Goods Sold	4 850 000	4 872 000	4 743 000	4 003 000
Salary Costs	2 325 000	2 367 000	1 907 000	1 395 000
Depreciation	168 000	131 000	113 000	87 000
Impairment	0	0	0	0
Expenditure	9 732 000	10 181 000	9 237 000	7 504 000
Operating Profit	121 000	645 000	886 000	−460 000
Financial Income	13 000	13 000	8 000	6 000
Financial Costs	237 000	120 000	182 000	171 000
Financial Balance	−224 000	−107 000	−174 000	−165 000
Dividends	0	0	0	0
Net Income	−80 000	420 000	555 000	−488 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	12 000	21 000	169 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	51 000	73 000	44 000	23 000
Fixtures	1 063 000	829 000	759 000	820 000
Total Tangible Assets	1 114 000	902 000	804 000	842 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 185 000	914 000	825 000	1 012 000
Stock	3 378 000	2 137 000	1 853 000	2 123 000
Total Investments	193 000	0	0	0
Cash, Bank	66 000	62 000	53 000	32 000
Total Current Assets	5 381 000	4 723 000	4 551 000	4 111 000
Total Assets	6 566 000	5 637 000	5 375 000	5 123 000
Total Equity	1 518 000	1 598 000	1 178 000	623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 275 000	1 505 000	1 735 000	1 965 000
Creditors	272 000	171 000	172 000	145 000
Unpaid Taxes	381 000	311 000	346 000	230 000
Dividends	0	0	0	0
Other Current Debt	388 000	373 000	209 000	231 000
Total Current Debt	3 773 000	2 534 000	2 462 000	2 534 000
Total Equity and Debt	6 566 000	5 637 000	5 375 000	5 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,27 %	26,28 %	47,11 %	−78,33 %
Debt-to-Equity Ratio	0,84	0,94	1,47	3,15
Operating Profit Margin	1,23 %	5,96 %	8,75 %	−6,77 %
Current Ratio	1,43	1,86	1,85	1,62
Quick Ratio	13,62	11,9	7,47	10
Equity Ratio	0,23	0,28	0,22	0,12
Gross Profit Margin	50,77 %	55 %	53,14 %	41,08 %