TORSJON AS

8800 SANDNESSJØEN

Finances

Return on Equity

8,54 %

Current Ratio

6,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 909 000	5 121 000	5 187 000	2 889 000
Net Income	554 000	1 274 000	1 821 000	1 000 000
Total Assets	7 552 000	6 964 000	5 791 000	3 578 000
Total Equity	6 486 000	5 931 000	4 657 000	2 836 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 909 000	5 121 000	5 187 000	2 889 000
Expenditure	4 214 000	3 491 000	2 858 000	1 619 000
Operating Profit	695 000	1 630 000	2 328 000	1 270 000
Financial Income	32 000	6 000	8 000	13 000
Financial Costs	0	0	1 000	1 000
Financial Balance	32 000	6 000	7 000	12 000
Earnings Before Tax	727 000	1 636 000	2 336 000	1 283 000
Tax	173 000	362 000	515 000	282 000
Net Income	554 000	1 274 000	1 821 000	1 000 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	192 000	168 000	165 000	184 000
Total Current Assets	7 360 000	6 796 000	5 626 000	3 394 000
Total Assets	7 552 000	6 964 000	5 791 000	3 578 000
Total Retained Equity	6 456 000	5 901 000	4 627 000	2 806 000
Total Equity	6 486 000	5 931 000	4 657 000	2 836 000
Total Long-Term Debt	0	7 000	8 000	5 000
Total Current Debt	1 067 000	1 026 000	1 126 000	737 000
Total Equity and Debt	7 552 000	6 964 000	5 791 000	3 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 909 000	5 121 000	5 187 000	2 889 000
Other Income	0	0	0	0
Revenue	4 909 000	5 121 000	5 187 000	2 889 000
Cost of Goods Sold	0	0	9 000	15 000
Salary Costs	3 075 000	2 780 000	2 358 000	1 034 000
Depreciation	56 000	51 000	44 000	37 000
Impairment	0	0	0	0
Expenditure	4 214 000	3 491 000	2 858 000	1 619 000
Operating Profit	695 000	1 630 000	2 328 000	1 270 000
Financial Income	32 000	6 000	8 000	13 000
Financial Costs	0	0	1 000	1 000
Financial Balance	32 000	6 000	7 000	12 000
Dividends	0	0	0	0
Net Income	554 000	1 274 000	1 821 000	1 000 000

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	6 000	12 000	17 000	23 000
Fixtures	126 000	156 000	147 000	161 000
Total Tangible Assets	132 000	168 000	165 000	184 000
Total Fiancial Fixed Assets	60 000	0	0	0
Total Fixed Assets	192 000	168 000	165 000	184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 283 000	6 211 000	5 241 000	2 751 000
Total Current Assets	7 360 000	6 796 000	5 626 000	3 394 000
Total Assets	7 552 000	6 964 000	5 791 000	3 578 000
Total Equity	6 486 000	5 931 000	4 657 000	2 836 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	8 000	5 000
Creditors	131 000	40 000	33 000	27 000
Unpaid Taxes	414 000	344 000	346 000	279 000
Dividends	0	0	0	0
Other Current Debt	341 000	279 000	236 000	144 000
Total Current Debt	1 067 000	1 026 000	1 126 000	737 000
Total Equity and Debt	7 552 000	6 964 000	5 791 000	3 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,54 %	21,48 %	39,1 %	35,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,16 %	31,83 %	44,88 %	43,96 %
Current Ratio	6,9	6,62	5	4,61
Quick Ratio	6,9	6,62	5	4,61
Equity Ratio	0,86	0,85	0,8	0,79
Gross Profit Margin	100 %	100 %	99,83 %	99,48 %