TORSTI AS

7170 ÅFJORD

Finances

Share Ownership

Return on Equity

11,68 %

Current Ratio

11,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 167 000	866 000	204 000	0
Net Income	258 000	263 000	734 000	−100 000
Total Assets	2 428 000	2 370 000	2 022 000	3 608 000
Total Equity	2 208 000	2 250 000	1 987 000	1 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 167 000	866 000	204 000	0
Expenditure	679 000	606 000	155 000	18 000
Operating Profit	487 000	260 000	49 000	−18 000
Financial Income	2 000	3 000	750 000	0
Financial Costs	152 000	0	64 000	82 000
Financial Balance	−150 000	3 000	686 000	−82 000
Earnings Before Tax	337 000	263 000	734 000	−100 000
Tax	79 000	0	0	0
Net Income	258 000	263 000	734 000	−100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 500 000
Total Current Assets	2 428 000	2 370 000	2 022 000	108 000
Total Assets	2 428 000	2 370 000	2 022 000	3 608 000
Total Retained Equity	2 188 000	2 230 000	1 967 000	1 233 000
Total Equity	2 208 000	2 250 000	1 987 000	1 253 000
Total Long-Term Debt	0	0	0	2 355 000
Total Current Debt	220 000	120 000	34 000	0
Total Equity and Debt	2 428 000	2 370 000	2 022 000	3 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 167 000	866 000	204 000	0
Other Income	0	0	0	0
Revenue	1 167 000	866 000	204 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	564 000	487 000	68 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	679 000	606 000	155 000	18 000
Operating Profit	487 000	260 000	49 000	−18 000
Financial Income	2 000	3 000	750 000	0
Financial Costs	152 000	0	64 000	82 000
Financial Balance	−150 000	3 000	686 000	−82 000
Dividends	0	0	0	0
Net Income	258 000	263 000	734 000	−100 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	3 500 000
Total Fixed Assets	0	0	0	3 500 000
Stock	0	0	0	0
Total Investments	1 348 000	1 500 000	0	0
Cash, Bank	981 000	758 000	2 013 000	108 000
Total Current Assets	2 428 000	2 370 000	2 022 000	108 000
Total Assets	2 428 000	2 370 000	2 022 000	3 608 000
Total Equity	2 208 000	2 250 000	1 987 000	1 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 355 000
Creditors	3 000	4 000	6 000	0
Unpaid Taxes	65 000	54 000	21 000	0
Dividends	0	0	0	0
Other Current Debt	73 000	61 000	7 000	0
Total Current Debt	220 000	120 000	34 000	0
Total Equity and Debt	2 428 000	2 370 000	2 022 000	3 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,68 %	11,69 %	36,94 %	−7,98 %
Debt-to-Equity Ratio	0	0	0	1,88
Operating Profit Margin	41,73 %	30,02 %	24,02 %	-
Current Ratio	11,04	19,75	59,47	-
Quick Ratio	11,04	19,75	59,47	-
Equity Ratio	0,91	0,95	0,98	0,35
Gross Profit Margin	100 %	100 %	100 %	-