TORMOD SVINENG AS

9732 KARASJOK

Finances

Share Ownership

Return on Equity

−24,5 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 659 000	4 806 000	6 322 000	6 240 000
Net Income	−296 000	−687 000	889 000	−1 696 000
Total Assets	3 100 000	2 914 000	3 124 000	1 809 000
Total Equity	1 208 000	1 503 000	−1 310 000	−2 199 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 659 000	4 806 000	6 322 000	6 240 000
Expenditure	4 943 000	5 492 000	5 426 000	7 913 000
Operating Profit	−285 000	−686 000	896 000	−1 673 000
Financial Income	0	0	0	0
Financial Costs	11 000	0	7 000	23 000
Financial Balance	−11 000	0	−7 000	−23 000
Earnings Before Tax	−296 000	−687 000	889 000	−1 696 000
Tax	0	0	0	0
Net Income	−296 000	−687 000	889 000	−1 696 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	789 000	802 000	1 103 000	997 000
Total Current Assets	2 311 000	2 113 000	2 021 000	812 000
Total Assets	3 100 000	2 914 000	3 124 000	1 809 000
Total Retained Equity	−267 000	0	−1 340 000	−2 229 000
Total Equity	1 208 000	1 503 000	−1 310 000	−2 199 000
Total Long-Term Debt	882 000	218 000	3 768 000	3 060 000
Total Current Debt	1 010 000	1 193 000	666 000	948 000
Total Equity and Debt	3 100 000	2 914 000	3 124 000	1 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 818 000	4 058 000	6 036 000	5 639 000
Other Income	841 000	748 000	286 000	602 000
Revenue	4 659 000	4 806 000	6 322 000	6 240 000
Cost of Goods Sold	282 000	555 000	72 000	438 000
Salary Costs	2 072 000	2 195 000	2 364 000	2 386 000
Depreciation	291 000	285 000	420 000	447 000
Impairment	0	0	0	0
Expenditure	4 943 000	5 492 000	5 426 000	7 913 000
Operating Profit	−285 000	−686 000	896 000	−1 673 000
Financial Income	0	0	0	0
Financial Costs	11 000	0	7 000	23 000
Financial Balance	−11 000	0	−7 000	−23 000
Dividends	0	0	0	0
Net Income	−296 000	−687 000	889 000	−1 696 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 000	31 000	41 000	30 000
Machinery and Plant Facilities	424 000	593 000	644 000	714 000
Fixtures	373 000	162 000	309 000	114 000
Total Tangible Assets	818 000	786 000	994 000	858 000
Total Fiancial Fixed Assets	−29 000	16 000	109 000	139 000
Total Fixed Assets	789 000	802 000	1 103 000	997 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	403 000	1 322 000	369 000	38 000
Total Current Assets	2 311 000	2 113 000	2 021 000	812 000
Total Assets	3 100 000	2 914 000	3 124 000	1 809 000
Total Equity	1 208 000	1 503 000	−1 310 000	−2 199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	882 000	218 000	3 768 000	3 060 000
Creditors	85 000	537 000	196 000	330 000
Unpaid Taxes	424 000	429 000	210 000	267 000
Dividends	0	0	0	0
Other Current Debt	502 000	227 000	260 000	352 000
Total Current Debt	1 010 000	1 193 000	666 000	948 000
Total Equity and Debt	3 100 000	2 914 000	3 124 000	1 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,5 %	−45,71 %	−67,86 %	77,13 %
Debt-to-Equity Ratio	0,73	0,15	−2,88	−1,39
Operating Profit Margin	−6,12 %	−14,27 %	14,17 %	−26,81 %
Current Ratio	2,29	1,77	3,03	0,86
Quick Ratio	2,29	1,77	3,03	0,86
Equity Ratio	0,39	0,52	−0,42	−1,22
Gross Profit Margin	93,95 %	88,45 %	98,86 %	92,98 %