TORBJØRN HVAM AS

3178 VÅLE

Finances

Share Ownership

Return on Equity

−53,64 %

Current Ratio

0,09

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 550 000	3 465 000	4 068 000	3 179 000
Net Income	199 000	−6 000	−142 000	−255 000
Total Assets	241 000	186 000	183 000	435 000
Total Equity	−371 000	−617 000	−612 000	−469 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 550 000	3 465 000	4 068 000	3 179 000
Expenditure	3 330 000	3 453 000	4 184 000	3 413 000
Operating Profit	220 000	12 000	−116 000	−234 000
Financial Income	0	0	0	0
Financial Costs	22 000	17 000	27 000	21 000
Financial Balance	−22 000	−17 000	−27 000	−21 000
Earnings Before Tax	199 000	−6 000	−142 000	−255 000
Tax	0	0	0	0
Net Income	199 000	−6 000	−142 000	−255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	183 000	145 000	138 000	193 000
Total Current Assets	58 000	41 000	45 000	242 000
Total Assets	241 000	186 000	183 000	435 000
Total Retained Equity	−401 000	−647 000	−642 000	−499 000
Total Equity	−371 000	−617 000	−612 000	−469 000
Total Long-Term Debt	−11 000	48 000	48 000	120 000
Total Current Debt	623 000	755 000	747 000	784 000
Total Equity and Debt	241 000	186 000	183 000	435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 550 000	3 465 000	4 068 000	3 159 000
Other Income	0	0	0	20 000
Revenue	3 550 000	3 465 000	4 068 000	3 179 000
Cost of Goods Sold	1 594 000	1 938 000	2 233 000	1 183 000
Salary Costs	937 000	959 000	1 363 000	1 620 000
Depreciation	69 000	46 000	56 000	61 000
Impairment	0	0	0	0
Expenditure	3 330 000	3 453 000	4 184 000	3 413 000
Operating Profit	220 000	12 000	−116 000	−234 000
Financial Income	0	0	0	0
Financial Costs	22 000	17 000	27 000	21 000
Financial Balance	−22 000	−17 000	−27 000	−21 000
Dividends	0	0	0	0
Net Income	199 000	−6 000	−142 000	−255 000

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	12 000	0	0
Fixtures	183 000	133 000	138 000	193 000
Total Tangible Assets	183 000	145 000	138 000	193 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	183 000	145 000	138 000	193 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	79 000	9 000	11 000
Total Current Assets	58 000	41 000	45 000	242 000
Total Assets	241 000	186 000	183 000	435 000
Total Equity	−371 000	−617 000	−612 000	−469 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−11 000	48 000	48 000	120 000
Creditors	417 000	132 000	244 000	301 000
Unpaid Taxes	125 000	183 000	249 000	184 000
Dividends	0	0	0	0
Other Current Debt	81 000	441 000	254 000	299 000
Total Current Debt	623 000	755 000	747 000	784 000
Total Equity and Debt	241 000	186 000	183 000	435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,64 %	0,97 %	23,2 %	54,37 %
Debt-to-Equity Ratio	0,03	−0,08	−0,08	−0,26
Operating Profit Margin	6,2 %	0,35 %	−2,85 %	−7,36 %
Current Ratio	0,09	0,05	0,06	0,31
Quick Ratio	0,09	0,05	0,06	0,31
Equity Ratio	−1,54	−3,32	−3,34	−1,08
Gross Profit Margin	55,1 %	44,07 %	45,11 %	62,79 %