TORVETS FRUKT OG TOBAKK AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

−58,78 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 371 000	4 143 000	3 305 000	3 166 000
Net Income	−174 000	198 000	358 000	221 000
Total Assets	628 000	879 000	832 000	532 000
Total Equity	296 000	470 000	322 000	164 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 371 000	4 143 000	3 305 000	3 166 000
Expenditure	3 546 000	3 887 000	2 875 000	2 908 000
Operating Profit	−175 000	256 000	431 000	259 000
Financial Income	0	0	30 000	0
Financial Costs	0	2 000	2 000	0
Financial Balance	0	−2 000	28 000	0
Earnings Before Tax	−175 000	254 000	459 000	259 000
Tax	−1 000	56 000	101 000	38 000
Net Income	−174 000	198 000	358 000	221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	81 000	288 000	266 000
Total Current Assets	578 000	798 000	543 000	266 000
Total Assets	628 000	879 000	832 000	532 000
Total Retained Equity	266 000	440 000	292 000	134 000
Total Equity	296 000	470 000	322 000	164 000
Total Long-Term Debt	1 000	1 000	1 000	1 000
Total Current Debt	331 000	408 000	509 000	368 000
Total Equity and Debt	628 000	879 000	832 000	532 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 001 000	3 745 000	2 851 000	2 584 000
Other Income	370 000	398 000	455 000	582 000
Revenue	3 371 000	4 143 000	3 305 000	3 166 000
Cost of Goods Sold	1 564 000	1 877 000	1 408 000	1 415 000
Salary Costs	1 331 000	1 317 000	867 000	939 000
Depreciation	12 000	8 000	6 000	4 000
Impairment	0	0	0	0
Expenditure	3 546 000	3 887 000	2 875 000	2 908 000
Operating Profit	−175 000	256 000	431 000	259 000
Financial Income	0	0	30 000	0
Financial Costs	0	2 000	2 000	0
Financial Balance	0	−2 000	28 000	0
Dividends	0	50 000	200 000	0
Net Income	−174 000	198 000	358 000	221 000

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	0	0	0	0
Fixtures	49 000	31 000	38 000	16 000
Total Tangible Assets	49 000	31 000	38 000	16 000
Total Fiancial Fixed Assets	0	50 000	250 000	250 000
Total Fixed Assets	49 000	81 000	288 000	266 000
Stock	150 000	159 000	108 000	80 000
Total Investments	0	0	0	0
Cash, Bank	355 000	581 000	363 000	129 000
Total Current Assets	578 000	798 000	543 000	266 000
Total Assets	628 000	879 000	832 000	532 000
Total Equity	296 000	470 000	322 000	164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	1 000	1 000
Creditors	96 000	136 000	106 000	147 000
Unpaid Taxes	105 000	49 000	26 000	58 000
Dividends	0	50 000	200 000	0
Other Current Debt	130 000	116 000	76 000	126 000
Total Current Debt	331 000	408 000	509 000	368 000
Total Equity and Debt	628 000	879 000	832 000	532 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,78 %	42,13 %	111,18 %	134,76 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−5,19 %	6,18 %	13,04 %	8,18 %
Current Ratio	1,75	1,96	1,07	0,72
Quick Ratio	3,19	3,2	1,35	0,92
Equity Ratio	0,47	0,53	0,39	0,31
Gross Profit Margin	53,6 %	54,69 %	57,4 %	55,31 %