TORKA AS

3188 HORTEN

Finances

Return on Equity

2,12 %

Current Ratio

5,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	991 000	1 260 000	848 000	82 000
Net Income	9 000	200 000	503 000	−153 000
Total Assets	499 000	737 000	324 000	212 000
Total Equity	425 000	416 000	216 000	−287 000

Income (NOK)	2022	2021	2020	2019
Revenue	991 000	1 260 000	848 000	82 000
Expenditure	982 000	1 009 000	308 000	236 000
Operating Profit	10 000	251 000	540 000	−153 000
Financial Income	2 000	5 000	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	5 000	0	0
Earnings Before Tax	12 000	255 000	540 000	−153 000
Tax	3 000	55 000	37 000	0
Net Income	9 000	200 000	503 000	−153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	104 000	38 000	76 000	186 000
Total Current Assets	395 000	699 000	248 000	25 000
Total Assets	499 000	737 000	324 000	212 000
Total Retained Equity	402 000	393 000	193 000	−310 000
Total Equity	425 000	416 000	216 000	−287 000
Total Long-Term Debt	0	0	0	476 000
Total Current Debt	74 000	321 000	108 000	23 000
Total Equity and Debt	499 000	737 000	324 000	212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	666 000	1 260 000	848 000	82 000
Other Income	325 000	0	0	0
Revenue	991 000	1 260 000	848 000	82 000
Cost of Goods Sold	1 000	0	0	1 000
Salary Costs	639 000	747 000	13 000	16 000
Depreciation	0	37 000	149 000	154 000
Impairment	0	0	0	0
Expenditure	982 000	1 009 000	308 000	236 000
Operating Profit	10 000	251 000	540 000	−153 000
Financial Income	2 000	5 000	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	5 000	0	0
Dividends	0	0	0	0
Net Income	9 000	200 000	503 000	−153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	38 000	39 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	37 000	186 000
Total Tangible Assets	0	0	37 000	186 000
Total Fiancial Fixed Assets	69 000	0	0	0
Total Fixed Assets	104 000	38 000	76 000	186 000
Stock	0	0	0	0
Total Investments	0	0	60 000	0
Cash, Bank	361 000	499 000	125 000	21 000
Total Current Assets	395 000	699 000	248 000	25 000
Total Assets	499 000	737 000	324 000	212 000
Total Equity	425 000	416 000	216 000	−287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	476 000
Creditors	14 000	6 000	6 000	6 000
Unpaid Taxes	16 000	203 000	27 000	17 000
Dividends	0	0	0	0
Other Current Debt	44 000	57 000	0	0
Total Current Debt	74 000	321 000	108 000	23 000
Total Equity and Debt	499 000	737 000	324 000	212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,12 %	48,08 %	232,87 %	53,31 %
Debt-to-Equity Ratio	0	0	0	−1,66
Operating Profit Margin	1,01 %	19,92 %	63,68 %	−186,59 %
Current Ratio	5,34	2,18	2,3	1,09
Quick Ratio	5,34	2,18	2,3	1,09
Equity Ratio	0,85	0,56	0,67	−1,35
Gross Profit Margin	99,9 %	100 %	100 %	98,78 %