TORVIK GARTNERI AS

5620 TØRVIKBYGD

Finances

Share Ownership

Return on Equity

58,78 %

Current Ratio

0,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 491 000	2 897 000	2 836 000	5 591 000
Net Income	472 000	574 000	295 000	764 000
Total Assets	3 534 000	2 273 000	2 609 000	2 735 000
Total Equity	803 000	801 000	728 000	1 432 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 491 000	2 897 000	2 836 000	5 591 000
Expenditure	3 842 000	2 179 000	2 466 000	4 937 000
Operating Profit	649 000	717 000	370 000	654 000
Financial Income	10 000	19 000	23 000	262 000
Financial Costs	2 000	1 000	14 000	8 000
Financial Balance	8 000	18 000	9 000	254 000
Earnings Before Tax	657 000	735 000	379 000	908 000
Tax	186 000	162 000	84 000	144 000
Net Income	472 000	574 000	295 000	764 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 075 000	942 000	1 090 000	1 294 000
Total Current Assets	2 459 000	1 331 000	1 519 000	1 440 000
Total Assets	3 534 000	2 273 000	2 609 000	2 735 000
Total Retained Equity	743 000	741 000	668 000	929 000
Total Equity	803 000	801 000	728 000	1 432 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 731 000	1 472 000	1 882 000	1 302 000
Total Equity and Debt	3 534 000	2 273 000	2 609 000	2 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 890 000	2 130 000	2 236 000	5 404 000
Other Income	2 601 000	766 000	600 000	187 000
Revenue	4 491 000	2 897 000	2 836 000	5 591 000
Cost of Goods Sold	2 000	10 000	64 000	1 583 000
Salary Costs	0	2 000	800 000	1 625 000
Depreciation	161 000	142 000	221 000	244 000
Impairment	0	0	0	0
Expenditure	3 842 000	2 179 000	2 466 000	4 937 000
Operating Profit	649 000	717 000	370 000	654 000
Financial Income	10 000	19 000	23 000	262 000
Financial Costs	2 000	1 000	14 000	8 000
Financial Balance	8 000	18 000	9 000	254 000
Dividends	470 000	500 000	1 000 000	0
Net Income	472 000	574 000	295 000	764 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	17 000
Total Intangible Assets	0	42 000	41 000	42 000
Real Eastate	746 000	867 000	995 000	1 137 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	324 000	28 000	48 000	110 000
Total Tangible Assets	1 070 000	895 000	1 043 000	1 247 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	1 075 000	942 000	1 090 000	1 294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 294 000	95 000	884 000	452 000
Total Current Assets	2 459 000	1 331 000	1 519 000	1 440 000
Total Assets	3 534 000	2 273 000	2 609 000	2 735 000
Total Equity	803 000	801 000	728 000	1 432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	175 000	150 000	201 000	122 000
Unpaid Taxes	0	307 000	446 000	770 000
Dividends	470 000	500 000	1 000 000	0
Other Current Debt	1 942 000	353 000	134 000	252 000
Total Current Debt	2 731 000	1 472 000	1 882 000	1 302 000
Total Equity and Debt	3 534 000	2 273 000	2 609 000	2 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,78 %	71,66 %	40,52 %	53,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,45 %	24,75 %	13,05 %	11,7 %
Current Ratio	0,9	0,9	0,81	1,11
Quick Ratio	0,9	0,9	0,81	1,11
Equity Ratio	0,23	0,35	0,28	0,52
Gross Profit Margin	99,96 %	99,65 %	97,74 %	71,69 %