TORMODS DRIFT AS

7061 TRONDHEIM

Finances

Return on Equity

85,68 %

Current Ratio

0,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 776 000	1 732 000	247 000	334 000
Total Assets	17 621 000	20 770 000	22 351 000	23 067 000
Total Equity	4 407 000	4 631 000	16 771 000	22 024 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	−9 000	65 000	108 000	34 000
Operating Profit	9 000	−65 000	−108 000	−34 000
Financial Income	4 087 000	1 851 000	426 000	475 000
Financial Costs	320 000	0	1 000	13 000
Financial Balance	3 767 000	1 851 000	425 000	462 000
Earnings Before Tax	3 776 000	1 786 000	317 000	428 000
Tax	0	55 000	70 000	94 000
Net Income	3 776 000	1 732 000	247 000	334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 150 000	13 150 000	21 260 000	21 841 000
Total Current Assets	4 471 000	7 620 000	1 091 000	1 225 000
Total Assets	17 621 000	20 770 000	22 351 000	23 067 000
Total Retained Equity	4 370 000	4 594 000	16 654 000	21 907 000
Total Equity	4 407 000	4 631 000	16 771 000	22 024 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 214 000	16 140 000	5 580 000	1 043 000
Total Equity and Debt	17 621 000	20 770 000	22 351 000	23 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−9 000	65 000	108 000	34 000
Operating Profit	9 000	−65 000	−108 000	−34 000
Financial Income	4 087 000	1 851 000	426 000	475 000
Financial Costs	320 000	0	1 000	13 000
Financial Balance	3 767 000	1 851 000	425 000	462 000
Dividends	4 000 000	0	5 500 000	0
Net Income	3 776 000	1 732 000	247 000	334 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	13 150 000	13 150 000	21 260 000	21 841 000
Total Fixed Assets	13 150 000	13 150 000	21 260 000	21 841 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 014 000	3 737 000	1 091 000	1 225 000
Total Current Assets	4 471 000	7 620 000	1 091 000	1 225 000
Total Assets	17 621 000	20 770 000	22 351 000	23 067 000
Total Equity	4 407 000	4 631 000	16 771 000	22 024 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	4 000 000	0	5 500 000	0
Other Current Debt	11 213 000	16 083 000	511 000	949 000
Total Current Debt	13 214 000	16 140 000	5 580 000	1 043 000
Total Equity and Debt	17 621 000	20 770 000	22 351 000	23 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,68 %	37,4 %	1,47 %	1,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,34	0,47	0,2	1,17
Quick Ratio	0,34	0,47	0,2	1,17
Equity Ratio	0,25	0,22	0,75	0,95
Gross Profit Margin	-	-	-	-