TORMODSVEI 10 AS

0679 OSLO

Finances

Share Ownership

Return on Equity

8,56 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	75 000	86 310 000	33 752 000
Net Income	568 000	381 000	8 264 000	3 251 000
Total Assets	14 968 000	15 327 000	14 982 000	4 836 000
Total Equity	6 633 000	6 088 000	6 190 000	1 575 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	75 000	86 310 000	33 752 000
Expenditure	37 000	607 000	75 394 000	29 570 000
Operating Profit	−37 000	−532 000	10 916 000	4 181 000
Financial Income	764 000	1 020 000	246 000	114 000
Financial Costs	0	0	565 000	118 000
Financial Balance	764 000	1 020 000	−319 000	−4 000
Earnings Before Tax	728 000	488 000	10 595 000	4 178 000
Tax	160 000	108 000	2 331 000	927 000
Net Income	568 000	381 000	8 264 000	3 251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	959 000	1 113 000	1 085 000	470 000
Total Current Assets	14 008 000	14 213 000	13 897 000	4 367 000
Total Assets	14 968 000	15 327 000	14 982 000	4 836 000
Total Retained Equity	2 957 000	2 389 000	2 491 000	1 545 000
Total Equity	6 633 000	6 088 000	6 190 000	1 575 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 335 000	9 239 000	8 792 000	3 261 000
Total Equity and Debt	14 968 000	15 327 000	14 982 000	4 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	86 310 000	33 752 000
Other Income	0	75 000	0	0
Revenue	0	75 000	86 310 000	33 752 000
Cost of Goods Sold	0	389 000	75 280 000	29 453 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	37 000	607 000	75 394 000	29 570 000
Operating Profit	−37 000	−532 000	10 916 000	4 181 000
Financial Income	764 000	1 020 000	246 000	114 000
Financial Costs	0	0	565 000	118 000
Financial Balance	764 000	1 020 000	−319 000	−4 000
Dividends	0	0	0	0
Net Income	568 000	381 000	8 264 000	3 251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	959 000	1 113 000	1 085 000	470 000
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	0
Total Fixed Assets	959 000	1 113 000	1 085 000	470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	539 000	2 737 000	6 860 000	22 000
Total Current Assets	14 008 000	14 213 000	13 897 000	4 367 000
Total Assets	14 968 000	15 327 000	14 982 000	4 836 000
Total Equity	6 633 000	6 088 000	6 190 000	1 575 000
Short-Term Group Debt	0	0	3 041 000	0
Total Long-Term Debt	0	0	0	0
Creditors	903 000	518 000	582 000	457 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 432 000	8 720 000	5 170 000	2 804 000
Total Current Debt	8 335 000	9 239 000	8 792 000	3 261 000
Total Equity and Debt	14 968 000	15 327 000	14 982 000	4 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,56 %	6,26 %	133,51 %	206,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−709,33 %	12,65 %	12,39 %
Current Ratio	1,68	1,54	1,58	1,34
Quick Ratio	1,68	1,54	1,58	1,34
Equity Ratio	0,44	0,4	0,41	0,33
Gross Profit Margin	-	−418,67 %	12,78 %	12,74 %