TORGEIR LØKEN AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

19,25 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	103 506 000	114 152 000	114 531 000	94 603 000
Net Income	3 077 000	2 627 000	3 558 000	2 521 000
Total Assets	26 887 000	24 547 000	24 006 000	17 748 000
Total Equity	15 985 000	13 908 000	12 281 000	9 723 000

Income (NOK)	2022	2021	2020	2019
Revenue	103 506 000	114 152 000	114 531 000	94 603 000
Expenditure	99 895 000	110 861 000	110 065 000	91 556 000
Operating Profit	3 612 000	3 291 000	4 465 000	3 047 000
Financial Income	335 000	78 000	97 000	187 000
Financial Costs	0	0	0	1 000
Financial Balance	335 000	78 000	97 000	186 000
Earnings Before Tax	3 947 000	3 369 000	4 562 000	3 233 000
Tax	870 000	742 000	1 004 000	711 000
Net Income	3 077 000	2 627 000	3 558 000	2 521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 147 000	1 039 000	165 000	248 000
Total Current Assets	25 740 000	23 508 000	23 840 000	17 499 000
Total Assets	26 887 000	24 547 000	24 006 000	17 748 000
Total Retained Equity	15 485 000	13 408 000	11 781 000	9 223 000
Total Equity	15 985 000	13 908 000	12 281 000	9 723 000
Total Long-Term Debt	0	6 000	4 000	15 000
Total Current Debt	10 903 000	10 633 000	11 720 000	8 010 000
Total Equity and Debt	26 887 000	24 547 000	24 006 000	17 748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	101 350 000	112 537 000	112 955 000	92 767 000
Other Income	2 156 000	1 615 000	1 575 000	1 837 000
Revenue	103 506 000	114 152 000	114 531 000	94 603 000
Cost of Goods Sold	85 261 000	95 074 000	94 644 000	78 101 000
Salary Costs	5 310 000	5 667 000	5 682 000	5 235 000
Depreciation	315 000	247 000	83 000	83 000
Impairment	0	0	0	0
Expenditure	99 895 000	110 861 000	110 065 000	91 556 000
Operating Profit	3 612 000	3 291 000	4 465 000	3 047 000
Financial Income	335 000	78 000	97 000	187 000
Financial Costs	0	0	0	1 000
Financial Balance	335 000	78 000	97 000	186 000
Dividends	1 000 000	1 000 000	1 000 000	800 000
Net Income	3 077 000	2 627 000	3 558 000	2 521 000

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	1 147 000	1 039 000	165 000	248 000
Total Tangible Assets	1 147 000	1 039 000	165 000	248 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 147 000	1 039 000	165 000	248 000
Stock	4 977 000	4 441 000	4 746 000	4 433 000
Total Investments	0	0	0	0
Cash, Bank	19 941 000	17 903 000	18 056 000	12 467 000
Total Current Assets	25 740 000	23 508 000	23 840 000	17 499 000
Total Assets	26 887 000	24 547 000	24 006 000	17 748 000
Total Equity	15 985 000	13 908 000	12 281 000	9 723 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	4 000	15 000
Creditors	7 115 000	6 671 000	7 481 000	4 644 000
Unpaid Taxes	729 000	766 000	880 000	730 000
Dividends	1 000 000	1 000 000	1 000 000	800 000
Other Current Debt	1 183 000	1 456 000	1 346 000	1 114 000
Total Current Debt	10 903 000	10 633 000	11 720 000	8 010 000
Total Equity and Debt	26 887 000	24 547 000	24 006 000	17 748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,25 %	18,89 %	28,97 %	25,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,49 %	2,88 %	3,9 %	3,22 %
Current Ratio	2,36	2,21	2,03	2,18
Quick Ratio	4,34	3,8	3,42	4,89
Equity Ratio	0,59	0,57	0,51	0,55
Gross Profit Margin	17,63 %	16,71 %	17,36 %	17,44 %