TORVLI AS

5035 BERGEN

Finances

Return on Equity

9,9 %

Current Ratio

0,52

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 732 000	2 542 000	56 860 000	75 382 000
Net Income	3 751 000	3 244 000	240 000	948 000
Total Assets	47 758 000	47 699 000	55 199 000	53 434 000
Total Equity	37 870 000	36 119 000	35 899 000	35 659 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 732 000	2 542 000	56 860 000	75 382 000
Expenditure	1 682 000	1 686 000	56 537 000	74 290 000
Operating Profit	1 050 000	857 000	323 000	1 093 000
Financial Income	3 862 000	3 535 000	595 000	704 000
Financial Costs	284 000	238 000	659 000	684 000
Financial Balance	3 578 000	3 297 000	−64 000	20 000
Earnings Before Tax	4 629 000	4 154 000	260 000	1 112 000
Tax	878 000	909 000	20 000	165 000
Net Income	3 751 000	3 244 000	240 000	948 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 799 000	44 054 000	21 896 000	22 025 000
Total Current Assets	3 959 000	3 644 000	33 304 000	31 409 000
Total Assets	47 758 000	47 699 000	55 199 000	53 434 000
Total Retained Equity	−27 977 000	−29 728 000	−29 948 000	−30 188 000
Total Equity	37 870 000	36 119 000	35 899 000	35 659 000
Total Long-Term Debt	2 333 000	3 033 000	3 481 000	429 000
Total Current Debt	7 555 000	8 546 000	15 819 000	17 347 000
Total Equity and Debt	47 758 000	47 699 000	55 199 000	53 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 732 000	2 542 000	55 738 000	75 382 000
Other Income	0	0	1 122 000	0
Revenue	2 732 000	2 542 000	56 860 000	75 382 000
Cost of Goods Sold	0	0	28 132 000	37 807 000
Salary Costs	1 611 000	1 620 000	14 097 000	19 088 000
Depreciation	0	0	95 000	1 022 000
Impairment	0	0	14 213 000	0
Expenditure	1 682 000	1 686 000	56 537 000	74 290 000
Operating Profit	1 050 000	857 000	323 000	1 093 000
Financial Income	3 862 000	3 535 000	595 000	704 000
Financial Costs	284 000	238 000	659 000	684 000
Financial Balance	3 578 000	3 297 000	−64 000	20 000
Dividends	2 000 000	3 000 000	0	0
Net Income	3 751 000	3 244 000	240 000	948 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	62 000	78 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	155 000
Fixtures	0	0	60 000	0
Total Tangible Assets	0	0	60 000	155 000
Total Fiancial Fixed Assets	43 799 000	44 054 000	21 773 000	21 792 000
Total Fixed Assets	43 799 000	44 054 000	21 896 000	22 025 000
Stock	0	0	23 500 000	23 984 000
Total Investments	0	0	0	0
Cash, Bank	1 279 000	644 000	9 252 000	7 375 000
Total Current Assets	3 959 000	3 644 000	33 304 000	31 409 000
Total Assets	47 758 000	47 699 000	55 199 000	53 434 000
Total Equity	37 870 000	36 119 000	35 899 000	35 659 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 333 000	3 033 000	3 481 000	429 000
Creditors	24 000	0	6 691 000	8 523 000
Unpaid Taxes	261 000	264 000	2 930 000	3 711 000
Dividends	2 000 000	3 000 000	0	0
Other Current Debt	4 392 000	2 100 000	6 155 000	4 937 000
Total Current Debt	7 555 000	8 546 000	15 819 000	17 347 000
Total Equity and Debt	47 758 000	47 699 000	55 199 000	53 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,9 %	8,98 %	0,67 %	2,66 %
Debt-to-Equity Ratio	0,06	0,08	0,1	0,01
Operating Profit Margin	38,43 %	33,71 %	0,57 %	1,45 %
Current Ratio	0,52	0,43	2,11	1,81
Quick Ratio	0,52	0,43	−4,34	−4,73
Equity Ratio	0,79	0,76	0,65	0,67
Gross Profit Margin	100 %	100 %	50,52 %	49,85 %