TORGET MAT AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

−34,92 %

Current Ratio

1,34

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 018 000	1 596 000	1 075 000	1 177 000
Net Income	−22 000	15 000	79 000	49 000
Total Assets	632 000	450 000	451 000	222 000
Total Equity	63 000	85 000	70 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 018 000	1 596 000	1 075 000	1 177 000
Expenditure	1 987 000	1 524 000	956 000	1 123 000
Operating Profit	32 000	71 000	119 000	54 000
Financial Income	0	0	0	0
Financial Costs	53 000	52 000	17 000	5 000
Financial Balance	−53 000	−52 000	−17 000	−5 000
Earnings Before Tax	−22 000	19 000	101 000	49 000
Tax	0	4 000	22 000	0
Net Income	−22 000	15 000	79 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	4 000	13 000	−5 000
Total Current Assets	615 000	446 000	437 000	228 000
Total Assets	632 000	450 000	451 000	222 000
Total Retained Equity	−17 000	5 000	−10 000	−89 000
Total Equity	63 000	85 000	70 000	−9 000
Total Long-Term Debt	110 000	90 000	90 000	0
Total Current Debt	459 000	275 000	291 000	231 000
Total Equity and Debt	632 000	450 000	451 000	222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 018 000	1 596 000	1 051 000	1 177 000
Other Income	0	0	24 000	0
Revenue	2 018 000	1 596 000	1 075 000	1 177 000
Cost of Goods Sold	799 000	622 000	405 000	376 000
Salary Costs	560 000	390 000	305 000	437 000
Depreciation	7 000	9 000	16 000	12 000
Impairment	0	0	0	0
Expenditure	1 987 000	1 524 000	956 000	1 123 000
Operating Profit	32 000	71 000	119 000	54 000
Financial Income	0	0	0	0
Financial Costs	53 000	52 000	17 000	5 000
Financial Balance	−53 000	−52 000	−17 000	−5 000
Dividends	0	0	0	0
Net Income	−22 000	15 000	79 000	49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	−20 000	−20 000	−20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	2 000	15 000
Fixtures	17 000	24 000	31 000	0
Total Tangible Assets	17 000	24 000	33 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	4 000	13 000	−5 000
Stock	10 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	539 000	442 000	434 000	228 000
Total Current Assets	615 000	446 000	437 000	228 000
Total Assets	632 000	450 000	451 000	222 000
Total Equity	63 000	85 000	70 000	−9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	110 000	90 000	90 000	0
Creditors	49 000	14 000	39 000	2 000
Unpaid Taxes	149 000	46 000	31 000	−43 000
Dividends	0	0	0	0
Other Current Debt	169 000	117 000	127 000	174 000
Total Current Debt	459 000	275 000	291 000	231 000
Total Equity and Debt	632 000	450 000	451 000	222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,92 %	17,65 %	112,86 %	−544,44 %
Debt-to-Equity Ratio	1,75	1,06	1,29	−0
Operating Profit Margin	1,59 %	4,45 %	11,07 %	4,59 %
Current Ratio	1,34	1,62	1,5	0,99
Quick Ratio	1,37	1,62	1,5	0,99
Equity Ratio	0,1	0,19	0,16	−0,04
Gross Profit Margin	60,41 %	61,03 %	62,33 %	68,05 %