GUNNAR TORSHEIM AS

3176 UNDRUMSDAL

Finances

Share Ownership

Return on Equity

77,2 %

Current Ratio

1,93

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 820 000	1 256 000	1 063 000	414 000
Net Income	430 000	165 000	24 000	−46 000
Total Assets	1 201 000	590 000	499 000	621 000
Total Equity	557 000	127 000	−38 000	−62 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 820 000	1 256 000	1 063 000	414 000
Expenditure	1 261 000	1 060 000	1 023 000	449 000
Operating Profit	559 000	196 000	40 000	−35 000
Financial Income	2 000	2 000	0	0
Financial Costs	12 000	13 000	16 000	11 000
Financial Balance	−10 000	−11 000	−16 000	−11 000
Earnings Before Tax	549 000	186 000	24 000	−46 000
Tax	119 000	21 000	0	0
Net Income	430 000	165 000	24 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	624 000	250 000	347 000	444 000
Total Current Assets	577 000	340 000	152 000	177 000
Total Assets	1 201 000	590 000	499 000	621 000
Total Retained Equity	527 000	97 000	−68 000	−92 000
Total Equity	557 000	127 000	−38 000	−62 000
Total Long-Term Debt	344 000	258 000	353 000	445 000
Total Current Debt	299 000	205 000	183 000	239 000
Total Equity and Debt	1 201 000	590 000	499 000	621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 622 000	1 256 000	1 037 000	414 000
Other Income	198 000	0	26 000	0
Revenue	1 820 000	1 256 000	1 063 000	414 000
Cost of Goods Sold	168 000	128 000	135 000	48 000
Salary Costs	810 000	619 000	601 000	227 000
Depreciation	63 000	97 000	97 000	40 000
Impairment	0	0	0	0
Expenditure	1 261 000	1 060 000	1 023 000	449 000
Operating Profit	559 000	196 000	40 000	−35 000
Financial Income	2 000	2 000	0	0
Financial Costs	12 000	13 000	16 000	11 000
Financial Balance	−10 000	−11 000	−16 000	−11 000
Dividends	0	0	0	0
Net Income	430 000	165 000	24 000	−46 000

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	624 000	250 000	347 000	444 000
Total Tangible Assets	624 000	250 000	347 000	444 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	624 000	250 000	347 000	444 000
Stock	60 000	55 000	28 000	32 000
Total Investments	0	0	0	0
Cash, Bank	389 000	123 000	25 000	39 000
Total Current Assets	577 000	340 000	152 000	177 000
Total Assets	1 201 000	590 000	499 000	621 000
Total Equity	557 000	127 000	−38 000	−62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	344 000	258 000	353 000	445 000
Creditors	23 000	17 000	7 000	29 000
Unpaid Taxes	140 000	99 000	69 000	67 000
Dividends	0	0	0	0
Other Current Debt	71 000	67 000	108 000	143 000
Total Current Debt	299 000	205 000	183 000	239 000
Total Equity and Debt	1 201 000	590 000	499 000	621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,2 %	129,92 %	−63,16 %	74,19 %
Debt-to-Equity Ratio	0,62	2,03	−9,29	−7,18
Operating Profit Margin	30,71 %	15,61 %	3,76 %	−8,45 %
Current Ratio	1,93	1,66	0,83	0,74
Quick Ratio	2,41	2,27	0,98	0,86
Equity Ratio	0,46	0,22	−0,08	−0,1
Gross Profit Margin	90,77 %	89,81 %	87,3 %	88,41 %