TORSGÅRD AS

2665 LESJA

Finances

Share Ownership

Return on Equity

26,56 %

Current Ratio

12,53

Debt-to-Equity Ratio

1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 016 000	925 000	3 620 000	553 000
Net Income	752 000	−218 000	47 000	−431 000
Total Assets	7 111 000	5 957 000	5 139 000	5 090 000
Total Equity	2 831 000	2 079 000	2 296 000	2 250 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 016 000	925 000	3 620 000	553 000
Expenditure	4 112 000	1 019 000	3 463 000	974 000
Operating Profit	903 000	−95 000	156 000	−421 000
Financial Income	0	0	1 000	0
Financial Costs	85 000	123 000	110 000	34 000
Financial Balance	−85 000	−123 000	−109 000	−34 000
Earnings Before Tax	818 000	−218 000	47 000	−455 000
Tax	66 000	0	0	−24 000
Net Income	752 000	−218 000	47 000	−431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 615 000	204 000	301 000	2 191 000
Total Current Assets	3 496 000	5 753 000	4 838 000	2 898 000
Total Assets	7 111 000	5 957 000	5 139 000	5 090 000
Total Retained Equity	2 801 000	2 049 000	2 266 000	2 220 000
Total Equity	2 831 000	2 079 000	2 296 000	2 250 000
Total Long-Term Debt	4 000 000	3 348 000	2 384 000	2 509 000
Total Current Debt	279 000	530 000	459 000	331 000
Total Equity and Debt	7 111 000	5 957 000	5 139 000	5 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 585 000	925 000	639 000	553 000
Other Income	3 431 000	0	2 981 000	0
Revenue	5 016 000	925 000	3 620 000	553 000
Cost of Goods Sold	2 842 000	63 000	2 641 000	50 000
Salary Costs	35 000	0	137 000	11 000
Depreciation	93 000	122 000	84 000	77 000
Impairment	0	0	0	0
Expenditure	4 112 000	1 019 000	3 463 000	974 000
Operating Profit	903 000	−95 000	156 000	−421 000
Financial Income	0	0	1 000	0
Financial Costs	85 000	123 000	110 000	34 000
Financial Balance	−85 000	−123 000	−109 000	−34 000
Dividends	0	0	0	0
Net Income	752 000	−218 000	47 000	−431 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 332 000	0	0	1 980 000
Machinery and Plant Facilities	261 000	203 000	300 000	191 000
Fixtures	20 000	0	0	11 000
Total Tangible Assets	3 614 000	203 000	300 000	2 182 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	10 000
Total Fixed Assets	3 615 000	204 000	301 000	2 191 000
Stock	3 013 000	5 565 000	4 381 000	2 389 000
Total Investments	0	0	0	0
Cash, Bank	242 000	138 000	90 000	120 000
Total Current Assets	3 496 000	5 753 000	4 838 000	2 898 000
Total Assets	7 111 000	5 957 000	5 139 000	5 090 000
Total Equity	2 831 000	2 079 000	2 296 000	2 250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000 000	3 348 000	2 384 000	2 509 000
Creditors	156 000	350 000	350 000	264 000
Unpaid Taxes	6 000	20 000	52 000	32 000
Dividends	0	0	0	0
Other Current Debt	102 000	160 000	57 000	35 000
Total Current Debt	279 000	530 000	459 000	331 000
Total Equity and Debt	7 111 000	5 957 000	5 139 000	5 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,56 %	−10,49 %	2,05 %	−19,16 %
Debt-to-Equity Ratio	1,41	1,61	1,04	1,12
Operating Profit Margin	18 %	−10,27 %	4,31 %	−76,13 %
Current Ratio	12,53	10,85	10,54	8,76
Quick Ratio	−1,28	−1,14	−1,23	−1,41
Equity Ratio	0,4	0,35	0,45	0,44
Gross Profit Margin	43,34 %	93,19 %	27,04 %	90,96 %