TORVETS KOLONIAL AS

4560 VANSE

Finances

Share Ownership

Return on Equity

−26,06 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 368 000	20 594 000	18 099 000	12 797 000
Net Income	−327 000	1 136 000	−327 000	−357 000
Total Assets	5 549 000	5 476 000	3 632 000	2 301 000
Total Equity	1 255 000	1 582 000	446 000	417 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 368 000	20 594 000	18 099 000	12 797 000
Expenditure	23 663 000	19 084 000	18 448 000	13 204 000
Operating Profit	−295 000	1 510 000	−350 000	−406 000
Financial Income	4 000	0	0	0
Financial Costs	100 000	67 000	53 000	51 000
Financial Balance	−96 000	−67 000	−53 000	−51 000
Earnings Before Tax	−391 000	1 443 000	−403 000	−457 000
Tax	−64 000	306 000	−76 000	−101 000
Net Income	−327 000	1 136 000	−327 000	−357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 040 000	2 753 000	1 514 000	1 297 000
Total Current Assets	2 508 000	2 724 000	2 118 000	1 004 000
Total Assets	5 549 000	5 476 000	3 632 000	2 301 000
Total Retained Equity	372 000	699 000	−437 000	−583 000
Total Equity	1 255 000	1 582 000	446 000	417 000
Total Long-Term Debt	1 240 000	1 554 000	0	250 000
Total Current Debt	3 054 000	2 340 000	3 187 000	1 635 000
Total Equity and Debt	5 549 000	5 476 000	3 632 000	2 301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 014 000	20 266 000	17 867 000	12 744 000
Other Income	355 000	328 000	232 000	53 000
Revenue	23 368 000	20 594 000	18 099 000	12 797 000
Cost of Goods Sold	12 685 000	10 895 000	11 457 000	9 615 000
Salary Costs	6 018 000	4 828 000	4 232 000	2 208 000
Depreciation	881 000	272 000	285 000	184 000
Impairment	0	0	0	0
Expenditure	23 663 000	19 084 000	18 448 000	13 204 000
Operating Profit	−295 000	1 510 000	−350 000	−406 000
Financial Income	4 000	0	0	0
Financial Costs	100 000	67 000	53 000	51 000
Financial Balance	−96 000	−67 000	−53 000	−51 000
Dividends	0	0	0	0
Net Income	−327 000	1 136 000	−327 000	−357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	14 000	26 000	38 000
Total Intangible Assets	0	14 000	254 000	203 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 196 000	0	0	0
Fixtures	1 725 000	1 705 000	1 231 000	1 065 000
Total Tangible Assets	2 921 000	2 593 000	1 231 000	1 065 000
Total Fiancial Fixed Assets	120 000	145 000	30 000	30 000
Total Fixed Assets	3 040 000	2 753 000	1 514 000	1 297 000
Stock	771 000	1 205 000	1 014 000	650 000
Total Investments	0	0	0	0
Cash, Bank	198 000	142 000	299 000	169 000
Total Current Assets	2 508 000	2 724 000	2 118 000	1 004 000
Total Assets	5 549 000	5 476 000	3 632 000	2 301 000
Total Equity	1 255 000	1 582 000	446 000	417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 240 000	1 554 000	0	250 000
Creditors	769 000	763 000	922 000	430 000
Unpaid Taxes	384 000	187 000	282 000	76 000
Dividends	0	0	0	0
Other Current Debt	1 368 000	1 194 000	1 134 000	230 000
Total Current Debt	3 054 000	2 340 000	3 187 000	1 635 000
Total Equity and Debt	5 549 000	5 476 000	3 632 000	2 301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,06 %	71,81 %	−73,32 %	−85,61 %
Debt-to-Equity Ratio	0,99	0,98	0	0,6
Operating Profit Margin	−1,26 %	7,33 %	−1,93 %	−3,17 %
Current Ratio	0,82	1,16	0,66	0,61
Quick Ratio	1,1	2,4	0,97	1,02
Equity Ratio	0,23	0,29	0,12	0,18
Gross Profit Margin	45,72 %	47,1 %	36,7 %	24,87 %