TV-TORMOD AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

38,21 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 378 000	4 625 000	4 934 000	3 836 000
Net Income	−379 000	−210 000	38 000	−122 000
Total Assets	1 733 000	1 690 000	1 803 000	1 657 000
Total Equity	−992 000	−613 000	−403 000	−440 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 378 000	4 625 000	4 934 000	3 836 000
Expenditure	3 784 000	4 817 000	4 784 000	3 914 000
Operating Profit	−405 000	−192 000	151 000	−78 000
Financial Income	0	0	0	0
Financial Costs	81 000	77 000	103 000	78 000
Financial Balance	−81 000	−77 000	−103 000	−78 000
Earnings Before Tax	−486 000	−269 000	48 000	−156 000
Tax	−107 000	−59 000	11 000	−34 000
Net Income	−379 000	−210 000	38 000	−122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	558 000	501 000	492 000	553 000
Total Current Assets	1 175 000	1 189 000	1 311 000	1 104 000
Total Assets	1 733 000	1 690 000	1 803 000	1 657 000
Total Retained Equity	−1 382 000	−1 003 000	−793 000	−830 000
Total Equity	−992 000	−613 000	−403 000	−440 000
Total Long-Term Debt	0	0	729 000	420 000
Total Current Debt	2 725 000	2 303 000	1 477 000	1 678 000
Total Equity and Debt	1 733 000	1 690 000	1 803 000	1 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 373 000	4 673 000	4 881 000	3 804 000
Other Income	5 000	−48 000	53 000	32 000
Revenue	3 378 000	4 625 000	4 934 000	3 836 000
Cost of Goods Sold	2 106 000	2 888 000	2 969 000	2 203 000
Salary Costs	865 000	1 159 000	1 044 000	1 040 000
Depreciation	50 000	50 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	3 784 000	4 817 000	4 784 000	3 914 000
Operating Profit	−405 000	−192 000	151 000	−78 000
Financial Income	0	0	0	0
Financial Costs	81 000	77 000	103 000	78 000
Financial Balance	−81 000	−77 000	−103 000	−78 000
Dividends	0	0	0	0
Net Income	−379 000	−210 000	38 000	−122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	391 000	284 000	225 000	236 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	167 000	217 000	267 000	317 000
Total Tangible Assets	167 000	217 000	267 000	317 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	558 000	501 000	492 000	553 000
Stock	1 093 000	1 016 000	1 096 000	961 000
Total Investments	0	0	0	0
Cash, Bank	32 000	32 000	32 000	37 000
Total Current Assets	1 175 000	1 189 000	1 311 000	1 104 000
Total Assets	1 733 000	1 690 000	1 803 000	1 657 000
Total Equity	−992 000	−613 000	−403 000	−440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	729 000	420 000
Creditors	1 166 000	859 000	684 000	429 000
Unpaid Taxes	23 000	73 000	137 000	158 000
Dividends	0	0	0	0
Other Current Debt	1 000 000	775 000	139 000	647 000
Total Current Debt	2 725 000	2 303 000	1 477 000	1 678 000
Total Equity and Debt	1 733 000	1 690 000	1 803 000	1 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,21 %	34,26 %	−9,43 %	27,73 %
Debt-to-Equity Ratio	−0	−0	−1,81	−0,95
Operating Profit Margin	−11,99 %	−4,15 %	3,06 %	−2,03 %
Current Ratio	0,43	0,52	0,89	0,66
Quick Ratio	0,72	0,92	3,44	1,54
Equity Ratio	−0,57	−0,36	−0,22	−0,27
Gross Profit Margin	37,66 %	37,56 %	39,83 %	42,57 %