TORGER S IVERSEN AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

133,43 %

Current Ratio

3,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 401 000	6 031 000	5 732 000	4 111 000
Net Income	2 886 000	−1 426 000	−36 000	−641 000
Total Assets	2 884 000	1 645 000	2 106 000	2 865 000
Total Equity	2 163 000	−723 000	703 000	740 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 401 000	6 031 000	5 732 000	4 111 000
Expenditure	6 317 000	7 316 000	5 588 000	4 552 000
Operating Profit	3 084 000	−1 285 000	145 000	−441 000
Financial Income	118 000	36 000	49 000	0
Financial Costs	316 000	177 000	230 000	200 000
Financial Balance	−198 000	−141 000	−181 000	−200 000
Earnings Before Tax	2 886 000	−1 426 000	−36 000	−641 000
Tax	0	0	0	0
Net Income	2 886 000	−1 426 000	−36 000	−641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	143 000	325 000	401 000
Total Current Assets	2 846 000	1 501 000	1 781 000	2 464 000
Total Assets	2 884 000	1 645 000	2 106 000	2 865 000
Total Retained Equity	−936 000	−3 822 000	−2 396 000	−2 359 000
Total Equity	2 163 000	−723 000	703 000	740 000
Total Long-Term Debt	0	−96 000	−82 000	0
Total Current Debt	720 000	2 464 000	1 484 000	2 125 000
Total Equity and Debt	2 884 000	1 645 000	2 106 000	2 865 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 213 000	5 872 000	5 497 000	3 996 000
Other Income	189 000	159 000	235 000	114 000
Revenue	9 401 000	6 031 000	5 732 000	4 111 000
Cost of Goods Sold	2 417 000	4 299 000	3 347 000	2 285 000
Salary Costs	747 000	635 000	495 000	881 000
Depreciation	89 000	236 000	76 000	121 000
Impairment	0	0	0	0
Expenditure	6 317 000	7 316 000	5 588 000	4 552 000
Operating Profit	3 084 000	−1 285 000	145 000	−441 000
Financial Income	118 000	36 000	49 000	0
Financial Costs	316 000	177 000	230 000	200 000
Financial Balance	−198 000	−141 000	−181 000	−200 000
Dividends	0	0	0	0
Net Income	2 886 000	−1 426 000	−36 000	−641 000

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	0	0	0	0
Fixtures	0	89 000	325 000	401 000
Total Tangible Assets	0	89 000	325 000	401 000
Total Fiancial Fixed Assets	37 000	54 000	0	0
Total Fixed Assets	37 000	143 000	325 000	401 000
Stock	2 235 000	1 380 000	1 278 000	1 743 000
Total Investments	0	0	0	0
Cash, Bank	29 000	25 000	23 000	66 000
Total Current Assets	2 846 000	1 501 000	1 781 000	2 464 000
Total Assets	2 884 000	1 645 000	2 106 000	2 865 000
Total Equity	2 163 000	−723 000	703 000	740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−96 000	−82 000	0
Creditors	247 000	942 000	936 000	482 000
Unpaid Taxes	53 000	226 000	235 000	134 000
Dividends	0	0	0	0
Other Current Debt	279 000	238 000	−362 000	473 000
Total Current Debt	720 000	2 464 000	1 484 000	2 125 000
Total Equity and Debt	2 884 000	1 645 000	2 106 000	2 865 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,43 %	197,23 %	−5,12 %	−86,62 %
Debt-to-Equity Ratio	0	0,13	−0,12	0
Operating Profit Margin	32,81 %	−21,31 %	2,53 %	−10,73 %
Current Ratio	3,95	0,61	1,2	1,16
Quick Ratio	−1,88	1,38	8,65	6,45
Equity Ratio	0,75	−0,44	0,33	0,26
Gross Profit Margin	74,29 %	28,72 %	41,61 %	44,42 %