TOLFSEN HOLDING AS

1659 TORP

Finances

Return on Equity

35,54 %

Current Ratio

6,33

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	342 000	3 580 000	2 375 000	2 518 000
Net Income	215 000	432 000	−5 000	192 000
Total Assets	708 000	1 472 000	826 000	1 008 000
Total Equity	605 000	466 000	273 000	278 000

Income (NOK)	2022	2021	2020	2019
Revenue	342 000	3 580 000	2 375 000	2 518 000
Expenditure	298 000	3 076 000	2 367 000	2 262 000
Operating Profit	44 000	504 000	8 000	256 000
Financial Income	243 000	47 000	0	0
Financial Costs	63 000	10 000	15 000	10 000
Financial Balance	180 000	37 000	−15 000	−10 000
Earnings Before Tax	224 000	541 000	−6 000	246 000
Tax	10 000	109 000	−1 000	54 000
Net Income	215 000	432 000	−5 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	285 000	255 000	326 000
Total Current Assets	608 000	1 187 000	571 000	682 000
Total Assets	708 000	1 472 000	826 000	1 008 000
Total Retained Equity	575 000	436 000	243 000	248 000
Total Equity	605 000	466 000	273 000	278 000
Total Long-Term Debt	6 000	204 000	253 000	353 000
Total Current Debt	96 000	802 000	300 000	376 000
Total Equity and Debt	708 000	1 472 000	826 000	1 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	186 000	3 580 000	2 375 000	2 518 000
Other Income	156 000	0	0	0
Revenue	342 000	3 580 000	2 375 000	2 518 000
Cost of Goods Sold	82 000	641 000	480 000	511 000
Salary Costs	0	1 892 000	1 417 000	1 417 000
Depreciation	0	71 000	71 000	25 000
Impairment	0	0	0	0
Expenditure	298 000	3 076 000	2 367 000	2 262 000
Operating Profit	44 000	504 000	8 000	256 000
Financial Income	243 000	47 000	0	0
Financial Costs	63 000	10 000	15 000	10 000
Financial Balance	180 000	37 000	−15 000	−10 000
Dividends	75 000	240 000	0	0
Net Income	215 000	432 000	−5 000	192 000

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	0	185 000	255 000	326 000
Total Tangible Assets	0	185 000	255 000	326 000
Total Fiancial Fixed Assets	100 000	100 000	0	0
Total Fixed Assets	100 000	285 000	255 000	326 000
Stock	0	82 000	76 000	90 000
Total Investments	355 000	160 000	90 000	60 000
Cash, Bank	0	682 000	124 000	317 000
Total Current Assets	608 000	1 187 000	571 000	682 000
Total Assets	708 000	1 472 000	826 000	1 008 000
Total Equity	605 000	466 000	273 000	278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	204 000	253 000	353 000
Creditors	1 000	75 000	30 000	61 000
Unpaid Taxes	7 000	432 000	133 000	150 000
Dividends	75 000	240 000	0	0
Other Current Debt	2 000	181 000	136 000	123 000
Total Current Debt	96 000	802 000	300 000	376 000
Total Equity and Debt	708 000	1 472 000	826 000	1 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,54 %	92,7 %	−1,83 %	69,06 %
Debt-to-Equity Ratio	0,01	0,44	0,93	1,27
Operating Profit Margin	12,87 %	14,08 %	0,34 %	10,17 %
Current Ratio	6,33	1,48	1,9	1,81
Quick Ratio	6,33	1,65	2,55	2,38
Equity Ratio	0,85	0,32	0,33	0,28
Gross Profit Margin	76,02 %	82,09 %	79,79 %	79,71 %