TOR KVIFTE AS

4985 VEGÅRSHEI

Finances

Share Ownership

Return on Equity

25,21 %

Current Ratio

5,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 847 000	5 925 000	4 298 000	4 795 000
Net Income	1 135 000	469 000	28 000	591 000
Total Assets	5 372 000	4 897 000	4 219 000	4 324 000
Total Equity	4 502 000	3 368 000	2 899 000	2 871 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 847 000	5 925 000	4 298 000	4 795 000
Expenditure	5 406 000	5 278 000	4 218 000	4 039 000
Operating Profit	1 441 000	647 000	80 000	757 000
Financial Income	7 000	2 000	3 000	3 000
Financial Costs	1 000	2 000	2 000	2 000
Financial Balance	6 000	0	1 000	1 000
Earnings Before Tax	1 447 000	647 000	81 000	758 000
Tax	312 000	178 000	54 000	167 000
Net Income	1 135 000	469 000	28 000	591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	689 000	758 000	1 111 000	793 000
Total Current Assets	4 682 000	4 139 000	3 108 000	3 531 000
Total Assets	5 372 000	4 897 000	4 219 000	4 324 000
Total Retained Equity	4 402 000	3 268 000	2 799 000	2 771 000
Total Equity	4 502 000	3 368 000	2 899 000	2 871 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	869 000	1 529 000	1 320 000	1 452 000
Total Equity and Debt	5 372 000	4 897 000	4 219 000	4 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 787 000	5 868 000	4 298 000	4 795 000
Other Income	60 000	57 000	0	0
Revenue	6 847 000	5 925 000	4 298 000	4 795 000
Cost of Goods Sold	3 870 000	3 415 000	2 540 000	2 399 000
Salary Costs	737 000	918 000	773 000	743 000
Depreciation	240 000	443 000	411 000	394 000
Impairment	0	0	0	0
Expenditure	5 406 000	5 278 000	4 218 000	4 039 000
Operating Profit	1 441 000	647 000	80 000	757 000
Financial Income	7 000	2 000	3 000	3 000
Financial Costs	1 000	2 000	2 000	2 000
Financial Balance	6 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	1 135 000	469 000	28 000	591 000

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	201 000	264 000	245 000	0
Fixtures	488 000	494 000	866 000	785 000
Total Tangible Assets	689 000	758 000	1 111 000	785 000
Total Fiancial Fixed Assets	0	0	0	8 000
Total Fixed Assets	689 000	758 000	1 111 000	793 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 977 000	2 878 000	1 966 000	2 956 000
Total Current Assets	4 682 000	4 139 000	3 108 000	3 531 000
Total Assets	5 372 000	4 897 000	4 219 000	4 324 000
Total Equity	4 502 000	3 368 000	2 899 000	2 871 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	295 000	408 000	230 000	151 000
Unpaid Taxes	90 000	90 000	189 000	160 000
Dividends	0	0	0	0
Other Current Debt	171 000	852 000	847 000	930 000
Total Current Debt	869 000	1 529 000	1 320 000	1 452 000
Total Equity and Debt	5 372 000	4 897 000	4 219 000	4 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,21 %	13,93 %	0,97 %	20,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,05 %	10,92 %	1,86 %	15,79 %
Current Ratio	5,39	2,71	2,35	2,43
Quick Ratio	5,39	2,71	2,35	2,43
Equity Ratio	0,84	0,69	0,69	0,66
Gross Profit Margin	43,48 %	42,36 %	40,9 %	49,97 %