TORSHOV ELEKTRO AS

0484 OSLO

Finances

Share Ownership

Return on Equity

268,25 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	165 872 000	130 603 000	108 320 000	114 638 000
Net Income	6 202 000	7 944 000	6 251 000	10 375 000
Total Assets	27 840 000	38 766 000	34 465 000	30 604 000
Total Equity	2 312 000	2 311 000	2 267 000	2 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	165 872 000	130 603 000	108 320 000	114 638 000
Expenditure	157 869 000	120 378 000	100 254 000	101 311 000
Operating Profit	8 003 000	10 225 000	8 067 000	13 327 000
Financial Income	60 000	24 000	39 000	20 000
Financial Costs	10 000	2 000	3 000	12 000
Financial Balance	50 000	22 000	36 000	8 000
Earnings Before Tax	8 053 000	10 246 000	8 102 000	13 335 000
Tax	1 851 000	2 302 000	1 852 000	2 960 000
Net Income	6 202 000	7 944 000	6 251 000	10 375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	997 000	1 084 000	1 250 000	1 189 000
Total Current Assets	26 843 000	37 682 000	33 215 000	29 415 000
Total Assets	27 840 000	38 766 000	34 465 000	30 604 000
Total Retained Equity	2 282 000	2 281 000	2 237 000	2 236 000
Total Equity	2 312 000	2 311 000	2 267 000	2 266 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 528 000	36 456 000	32 198 000	28 338 000
Total Equity and Debt	27 840 000	38 766 000	34 465 000	30 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	165 872 000	130 603 000	108 345 000	114 638 000
Other Income	0	0	−24 000	0
Revenue	165 872 000	130 603 000	108 320 000	114 638 000
Cost of Goods Sold	99 456 000	69 662 000	52 510 000	51 914 000
Salary Costs	44 898 000	40 125 000	38 239 000	38 839 000
Depreciation	185 000	185 000	259 000	426 000
Impairment	0	0	0	0
Expenditure	157 869 000	120 378 000	100 254 000	101 311 000
Operating Profit	8 003 000	10 225 000	8 067 000	13 327 000
Financial Income	60 000	24 000	39 000	20 000
Financial Costs	10 000	2 000	3 000	12 000
Financial Balance	50 000	22 000	36 000	8 000
Dividends	6 200 000	7 900 000	6 250 000	10 370 000
Net Income	6 202 000	7 944 000	6 251 000	10 375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	64 000	89 000	130 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	810 000	782 000	774 000	755 000
Total Tangible Assets	810 000	782 000	774 000	755 000
Total Fiancial Fixed Assets	89 000	238 000	387 000	304 000
Total Fixed Assets	997 000	1 084 000	1 250 000	1 189 000
Stock	1 625 000	1 385 000	516 000	797 000
Total Investments	0	0	0	0
Cash, Bank	7 271 000	14 818 000	12 688 000	16 491 000
Total Current Assets	26 843 000	37 682 000	33 215 000	29 415 000
Total Assets	27 840 000	38 766 000	34 465 000	30 604 000
Total Equity	2 312 000	2 311 000	2 267 000	2 266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 317 000	8 553 000	8 577 000	3 593 000
Unpaid Taxes	5 154 000	5 963 000	5 343 000	5 423 000
Dividends	6 200 000	7 900 000	6 250 000	10 370 000
Other Current Debt	5 971 000	11 763 000	10 217 000	6 041 000
Total Current Debt	25 528 000	36 456 000	32 198 000	28 338 000
Total Equity and Debt	27 840 000	38 766 000	34 465 000	30 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	268,25 %	343,75 %	275,74 %	457,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,82 %	7,83 %	7,45 %	11,63 %
Current Ratio	1,05	1,03	1,03	1,04
Quick Ratio	1,12	1,07	1,05	1,07
Equity Ratio	0,08	0,06	0,07	0,07
Gross Profit Margin	40,04 %	46,66 %	51,52 %	54,71 %