TØRST STAVANGER AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−38,54 %

Current Ratio

1,15

Debt-to-Equity Ratio

−1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 516 000	3 838 000	3 541 000	5 112 000
Net Income	459 000	212 000	−140 000	−20 000
Total Assets	1 189 000	979 000	1 221 000	1 326 000
Total Equity	−1 191 000	−1 650 000	−1 862 000	−1 722 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 516 000	3 838 000	3 541 000	5 112 000
Expenditure	6 059 000	3 625 000	3 681 000	5 127 000
Operating Profit	458 000	212 000	−139 000	−15 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	1 000	6 000
Financial Balance	1 000	0	−1 000	−6 000
Earnings Before Tax	459 000	212 000	−140 000	−20 000
Tax	0	0	0	0
Net Income	459 000	212 000	−140 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	380 000	521 000	657 000	798 000
Total Current Assets	809 000	458 000	564 000	528 000
Total Assets	1 189 000	979 000	1 221 000	1 326 000
Total Retained Equity	−1 221 000	−1 680 000	−1 892 000	−1 752 000
Total Equity	−1 191 000	−1 650 000	−1 862 000	−1 722 000
Total Long-Term Debt	1 679 000	2 144 000	2 587 000	2 437 000
Total Current Debt	701 000	485 000	495 000	611 000
Total Equity and Debt	1 189 000	979 000	1 221 000	1 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 516 000	3 838 000	3 541 000	5 112 000
Other Income	0	0	0	0
Revenue	6 516 000	3 838 000	3 541 000	5 112 000
Cost of Goods Sold	2 332 000	1 148 000	1 264 000	1 864 000
Salary Costs	1 873 000	1 175 000	1 160 000	1 528 000
Depreciation	142 000	151 000	159 000	156 000
Impairment	0	0	0	0
Expenditure	6 059 000	3 625 000	3 681 000	5 127 000
Operating Profit	458 000	212 000	−139 000	−15 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	1 000	6 000
Financial Balance	1 000	0	−1 000	−6 000
Dividends	0	0	0	0
Net Income	459 000	212 000	−140 000	−20 000

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	380 000	521 000	657 000	798 000
Total Tangible Assets	380 000	521 000	657 000	798 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	380 000	521 000	657 000	798 000
Stock	168 000	111 000	100 000	78 000
Total Investments	0	0	0	0
Cash, Bank	576 000	279 000	221 000	371 000
Total Current Assets	809 000	458 000	564 000	528 000
Total Assets	1 189 000	979 000	1 221 000	1 326 000
Total Equity	−1 191 000	−1 650 000	−1 862 000	−1 722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 679 000	2 144 000	2 587 000	2 437 000
Creditors	199 000	53 000	163 000	171 000
Unpaid Taxes	178 000	186 000	122 000	199 000
Dividends	0	0	0	0
Other Current Debt	324 000	246 000	211 000	241 000
Total Current Debt	701 000	485 000	495 000	611 000
Total Equity and Debt	1 189 000	979 000	1 221 000	1 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,54 %	−12,85 %	7,52 %	1,16 %
Debt-to-Equity Ratio	−1,41	−1,3	−1,39	−1,42
Operating Profit Margin	7,03 %	5,52 %	−3,93 %	−0,29 %
Current Ratio	1,15	0,94	1,14	0,86
Quick Ratio	1,52	1,22	1,43	0,99
Equity Ratio	−1	−1,69	−1,52	−1,3
Gross Profit Margin	64,21 %	70,09 %	64,3 %	63,54 %