TØRSET TRADING AS

7093 TILLER

Finances

Share Ownership

Return on Equity

−301,75 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 023 000	12 356 000	7 468 000	18 410 000
Net Income	−1 032 000	243 000	−116 000	155 000
Total Assets	4 136 000	3 856 000	3 861 000	4 641 000
Total Equity	342 000	1 374 000	1 131 000	1 247 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 023 000	12 356 000	7 468 000	18 410 000
Expenditure	14 042 000	11 997 000	7 670 000	18 124 000
Operating Profit	−1 019 000	359 000	−202 000	286 000
Financial Income	100 000	9 000	0	8 000
Financial Costs	185 000	52 000	107 000	28 000
Financial Balance	−85 000	−43 000	−107 000	−20 000
Earnings Before Tax	−1 105 000	316 000	−308 000	267 000
Tax	−73 000	73 000	−192 000	112 000
Net Income	−1 032 000	243 000	−116 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	120 000	166 000	1 212 000
Total Current Assets	4 126 000	3 736 000	3 695 000	3 428 000
Total Assets	4 136 000	3 856 000	3 861 000	4 641 000
Total Retained Equity	312 000	1 344 000	1 101 000	1 217 000
Total Equity	342 000	1 374 000	1 131 000	1 247 000
Total Long-Term Debt	214 000	745 000	500 000	189 000
Total Current Debt	3 580 000	1 738 000	2 230 000	3 205 000
Total Equity and Debt	4 136 000	3 856 000	3 861 000	4 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 023 000	12 332 000	7 150 000	18 410 000
Other Income	0	24 000	318 000	0
Revenue	13 023 000	12 356 000	7 468 000	18 410 000
Cost of Goods Sold	11 020 000	9 566 000	5 297 000	13 900 000
Salary Costs	1 187 000	756 000	594 000	1 849 000
Depreciation	22 000	28 000	176 000	166 000
Impairment	0	0	0	0
Expenditure	14 042 000	11 997 000	7 670 000	18 124 000
Operating Profit	−1 019 000	359 000	−202 000	286 000
Financial Income	100 000	9 000	0	8 000
Financial Costs	185 000	52 000	107 000	28 000
Financial Balance	−85 000	−43 000	−107 000	−20 000
Dividends	0	0	0	0
Net Income	−1 032 000	243 000	−116 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	870 000
Machinery and Plant Facilities	9 000	31 000	83 000	116 000
Fixtures	0	0	83 000	226 000
Total Tangible Assets	9 000	31 000	166 000	1 212 000
Total Fiancial Fixed Assets	0	89 000	0	0
Total Fixed Assets	9 000	120 000	166 000	1 212 000
Stock	2 790 000	2 430 000	2 960 000	3 005 000
Total Investments	0	0	0	0
Cash, Bank	728 000	939 000	108 000	148 000
Total Current Assets	4 126 000	3 736 000	3 695 000	3 428 000
Total Assets	4 136 000	3 856 000	3 861 000	4 641 000
Total Equity	342 000	1 374 000	1 131 000	1 247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	214 000	745 000	500 000	189 000
Creditors	2 747 000	1 277 000	797 000	1 972 000
Unpaid Taxes	304 000	182 000	58 000	237 000
Dividends	0	0	0	0
Other Current Debt	529 000	205 000	614 000	884 000
Total Current Debt	3 580 000	1 738 000	2 230 000	3 205 000
Total Equity and Debt	4 136 000	3 856 000	3 861 000	4 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−301,75 %	17,69 %	−10,26 %	12,43 %
Debt-to-Equity Ratio	0,63	0,54	0,44	0,15
Operating Profit Margin	−7,82 %	2,91 %	−2,7 %	1,55 %
Current Ratio	1,15	2,15	1,66	1,07
Quick Ratio	5,22	−5,4	−5,06	17,14
Equity Ratio	0,08	0,36	0,29	0,27
Gross Profit Margin	15,38 %	22,58 %	29,07 %	24,5 %