TORSTENSEN BYGG-TEAM AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

16,75 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 184 000	13 105 000	17 592 000	14 754 000
Net Income	726 000	411 000	737 000	878 000
Total Assets	11 328 000	7 269 000	9 346 000	8 460 000
Total Equity	4 335 000	3 609 000	3 198 000	4 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 184 000	13 105 000	17 592 000	14 754 000
Expenditure	19 125 000	12 530 000	16 590 000	13 556 000
Operating Profit	1 091 000	576 000	1 002 000	1 197 000
Financial Income	0	0	1 000	2 000
Financial Costs	130 000	50 000	58 000	74 000
Financial Balance	−130 000	−50 000	−57 000	−72 000
Earnings Before Tax	961 000	527 000	945 000	1 125 000
Tax	235 000	116 000	208 000	247 000
Net Income	726 000	411 000	737 000	878 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 404 000	3 821 000	3 486 000	3 268 000
Total Current Assets	5 924 000	3 448 000	5 861 000	5 192 000
Total Assets	11 328 000	7 269 000	9 346 000	8 460 000
Total Retained Equity	4 185 000	3 459 000	3 048 000	4 021 000
Total Equity	4 335 000	3 609 000	3 198 000	4 171 000
Total Long-Term Debt	3 079 000	1 678 000	1 964 000	1 906 000
Total Current Debt	3 914 000	1 982 000	4 184 000	2 382 000
Total Equity and Debt	11 328 000	7 269 000	9 346 000	8 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 847 000	12 925 000	17 493 000	14 556 000
Other Income	337 000	180 000	99 000	198 000
Revenue	20 184 000	13 105 000	17 592 000	14 754 000
Cost of Goods Sold	11 929 000	7 000 000	10 666 000	7 891 000
Salary Costs	4 709 000	3 578 000	3 836 000	3 670 000
Depreciation	258 000	182 000	131 000	96 000
Impairment	0	0	0	0
Expenditure	19 125 000	12 530 000	16 590 000	13 556 000
Operating Profit	1 091 000	576 000	1 002 000	1 197 000
Financial Income	0	0	1 000	2 000
Financial Costs	130 000	50 000	58 000	74 000
Financial Balance	−130 000	−50 000	−57 000	−72 000
Dividends	0	0	1 710 000	0
Net Income	726 000	411 000	737 000	878 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 580 000	2 820 000	2 781 000	2 808 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	824 000	1 000 000	705 000	460 000
Total Tangible Assets	5 404 000	3 821 000	3 486 000	3 268 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 404 000	3 821 000	3 486 000	3 268 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 941 000	2 261 000	2 266 000	1 648 000
Total Current Assets	5 924 000	3 448 000	5 861 000	5 192 000
Total Assets	11 328 000	7 269 000	9 346 000	8 460 000
Total Equity	4 335 000	3 609 000	3 198 000	4 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 079 000	1 678 000	1 964 000	1 906 000
Creditors	1 835 000	637 000	806 000	918 000
Unpaid Taxes	946 000	576 000	628 000	726 000
Dividends	0	0	1 710 000	0
Other Current Debt	977 000	465 000	988 000	458 000
Total Current Debt	3 914 000	1 982 000	4 184 000	2 382 000
Total Equity and Debt	11 328 000	7 269 000	9 346 000	8 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,75 %	11,39 %	23,05 %	21,05 %
Debt-to-Equity Ratio	0,71	0,46	0,61	0,46
Operating Profit Margin	5,41 %	4,4 %	5,7 %	8,11 %
Current Ratio	1,51	1,74	1,4	2,18
Quick Ratio	1,51	1,74	1,4	2,18
Equity Ratio	0,38	0,5	0,34	0,49
Gross Profit Margin	40,9 %	46,59 %	39,37 %	46,52 %