TORGHANDEL AS

6240 ØRSKOG

Finances

Share Ownership

Return on Equity

79,68 %

Current Ratio

1,22

Debt-to-Equity Ratio

−1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 121 000	4 209 000	4 573 000	4 212 000
Net Income	−737 000	−925 000	169 000	−356 000
Total Assets	659 000	1 234 000	2 253 000	1 762 000
Total Equity	−925 000	109 000	415 000	354 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 121 000	4 209 000	4 573 000	4 212 000
Expenditure	4 839 000	5 118 000	4 329 000	4 657 000
Operating Profit	−718 000	−909 000	244 000	−444 000
Financial Income	2 000	0	4 000	0
Financial Costs	21 000	16 000	18 000	12 000
Financial Balance	−19 000	−16 000	−14 000	−12 000
Earnings Before Tax	−737 000	−925 000	230 000	−456 000
Tax	0	0	61 000	−100 000
Net Income	−737 000	−925 000	169 000	−356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	571 000	1 225 000	1 529 000
Total Current Assets	355 000	663 000	1 028 000	234 000
Total Assets	659 000	1 234 000	2 253 000	1 762 000
Total Retained Equity	−1 025 000	0	315 000	0
Total Equity	−925 000	109 000	415 000	354 000
Total Long-Term Debt	1 292 000	0	1 459 000	1 298 000
Total Current Debt	291 000	1 126 000	379 000	110 000
Total Equity and Debt	659 000	1 234 000	2 253 000	1 762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 121 000	4 209 000	4 573 000	4 212 000
Other Income	0	0	0	0
Revenue	4 121 000	4 209 000	4 573 000	4 212 000
Cost of Goods Sold	1 856 000	2 102 000	1 624 000	2 361 000
Salary Costs	927 000	1 112 000	750 000	530 000
Depreciation	0	545 000	559 000	474 000
Impairment	0	0	0	31 000
Expenditure	4 839 000	5 118 000	4 329 000	4 657 000
Operating Profit	−718 000	−909 000	244 000	−444 000
Financial Income	2 000	0	4 000	0
Financial Costs	21 000	16 000	18 000	12 000
Financial Balance	−19 000	−16 000	−14 000	−12 000
Dividends	0	0	0	0
Net Income	−737 000	−925 000	169 000	−356 000

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	248 000	315 000	0	1 265 000
Fixtures	56 000	255 000	1 225 000	264 000
Total Tangible Assets	304 000	571 000	1 225 000	1 529 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	304 000	571 000	1 225 000	1 529 000
Stock	0	1 000	1 000	0
Total Investments	0	0	0	0
Cash, Bank	143 000	352 000	543 000	219 000
Total Current Assets	355 000	663 000	1 028 000	234 000
Total Assets	659 000	1 234 000	2 253 000	1 762 000
Total Equity	−925 000	109 000	415 000	354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 292 000	0	1 459 000	1 298 000
Creditors	224 000	179 000	−108 000	28 000
Unpaid Taxes	−55 000	0	98 000	0
Dividends	0	0	0	0
Other Current Debt	123 000	0	379 000	9 000
Total Current Debt	291 000	1 126 000	379 000	110 000
Total Equity and Debt	659 000	1 234 000	2 253 000	1 762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,68 %	−848,62 %	40,72 %	−100,56 %
Debt-to-Equity Ratio	−1,4	0	3,52	3,67
Operating Profit Margin	−17,42 %	−21,6 %	5,34 %	−10,54 %
Current Ratio	1,22	0,59	2,71	2,13
Quick Ratio	1,22	0,59	2,72	2,13
Equity Ratio	−1,4	0,09	0,18	0,2
Gross Profit Margin	54,96 %	50,06 %	64,49 %	43,95 %