TORJESEN JERNVARE AS

4611 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

1,32 %

Current Ratio

3,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 858 000	20 873 000	22 802 000	22 297 000
Net Income	77 000	519 000	552 000	−731 000
Total Assets	8 110 000	8 785 000	8 755 000	8 661 000
Total Equity	5 834 000	5 757 000	5 738 000	5 686 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 858 000	20 873 000	22 802 000	22 297 000
Expenditure	8 044 000	8 344 000	8 895 000	9 502 000
Operating Profit	140 000	688 000	735 000	−913 000
Financial Income	2 000	0	0	3 000
Financial Costs	41 000	19 000	25 000	17 000
Financial Balance	−39 000	−19 000	−25 000	−14 000
Earnings Before Tax	101 000	669 000	710 000	−927 000
Tax	25 000	149 000	158 000	−196 000
Net Income	77 000	519 000	552 000	−731 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 116 000	1 447 000	1 725 000	2 245 000
Total Current Assets	6 994 000	7 338 000	7 030 000	6 415 000
Total Assets	8 110 000	8 785 000	8 755 000	8 661 000
Total Retained Equity	834 000	757 000	738 000	686 000
Total Equity	5 834 000	5 757 000	5 738 000	5 686 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 276 000	3 028 000	3 017 000	2 975 000
Total Equity and Debt	8 110 000	8 785 000	8 755 000	8 661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 858 000	20 873 000	22 802 000	22 297 000
Other Income	0	0	0	0
Revenue	18 858 000	20 873 000	22 802 000	22 297 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 340 000	4 754 000	5 007 000	5 379 000
Depreciation	345 000	364 000	403 000	191 000
Impairment	0	0	0	0
Expenditure	8 044 000	8 344 000	8 895 000	9 502 000
Operating Profit	140 000	688 000	735 000	−913 000
Financial Income	2 000	0	0	3 000
Financial Costs	41 000	19 000	25 000	17 000
Financial Balance	−39 000	−19 000	−25 000	−14 000
Dividends	0	500 000	500 000	0
Net Income	77 000	519 000	552 000	−731 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	36 000	177 000	335 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 066 000	1 411 000	1 548 000	1 911 000
Total Tangible Assets	1 066 000	1 411 000	1 548 000	1 911 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 116 000	1 447 000	1 725 000	2 245 000
Stock	5 287 000	5 193 000	4 938 000	4 710 000
Total Investments	0	0	0	0
Cash, Bank	1 382 000	1 879 000	1 772 000	1 276 000
Total Current Assets	6 994 000	7 338 000	7 030 000	6 415 000
Total Assets	8 110 000	8 785 000	8 755 000	8 661 000
Total Equity	5 834 000	5 757 000	5 738 000	5 686 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	856 000	1 011 000	912 000	1 371 000
Unpaid Taxes	814 000	977 000	1 116 000	842 000
Dividends	0	500 000	500 000	0
Other Current Debt	568 000	1 032 000	989 000	762 000
Total Current Debt	2 276 000	3 028 000	3 017 000	2 975 000
Total Equity and Debt	8 110 000	8 785 000	8 755 000	8 661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,32 %	9,02 %	9,62 %	−12,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,74 %	3,3 %	3,22 %	−4,09 %
Current Ratio	3,07	2,42	2,33	2,16
Quick Ratio	−2,32	−3,39	−3,66	−3,7
Equity Ratio	0,72	0,66	0,66	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %