TORE.HALVORSEN AS

3612 KONGSBERG

Finances

Return on Equity

35,82 %

Current Ratio

11,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	995 000	1 501 000	2 304 000	2 546 000
Net Income	2 138 000	574 000	1 088 000	989 000
Total Assets	6 323 000	4 209 000	4 047 000	2 814 000
Total Equity	5 968 000	3 830 000	3 256 000	2 168 000

Income (NOK)	2022	2021	2020	2019
Revenue	995 000	1 501 000	2 304 000	2 546 000
Expenditure	50 000	788 000	914 000	1 275 000
Operating Profit	945 000	713 000	1 390 000	1 270 000
Financial Income	1 401 000	18 000	3 000	1 000
Financial Costs	0	0	0	3 000
Financial Balance	1 401 000	18 000	3 000	−2 000
Earnings Before Tax	2 346 000	731 000	1 394 000	1 268 000
Tax	208 000	157 000	306 000	279 000
Net Income	2 138 000	574 000	1 088 000	989 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 210 000	574 000	540 000	0
Total Current Assets	4 112 000	3 635 000	3 507 000	2 814 000
Total Assets	6 323 000	4 209 000	4 047 000	2 814 000
Total Retained Equity	5 938 000	3 811 000	3 238 000	2 150 000
Total Equity	5 968 000	3 830 000	3 256 000	2 168 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	355 000	379 000	791 000	646 000
Total Equity and Debt	6 323 000	4 209 000	4 047 000	2 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	995 000	1 501 000	2 304 000	2 546 000
Other Income	0	0	0	0
Revenue	995 000	1 501 000	2 304 000	2 546 000
Cost of Goods Sold	0	72 000	0	257 000
Salary Costs	0	640 000	877 000	974 000
Depreciation	12 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	50 000	788 000	914 000	1 275 000
Operating Profit	945 000	713 000	1 390 000	1 270 000
Financial Income	1 401 000	18 000	3 000	1 000
Financial Costs	0	0	0	3 000
Financial Balance	1 401 000	18 000	3 000	−2 000
Dividends	0	0	0	0
Net Income	2 138 000	574 000	1 088 000	989 000

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	16 000	28 000	0	0
Total Tangible Assets	16 000	28 000	0	0
Total Fiancial Fixed Assets	2 194 000	546 000	540 000	0
Total Fixed Assets	2 210 000	574 000	540 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 048 000	3 060 000	2 152 000	2 212 000
Total Current Assets	4 112 000	3 635 000	3 507 000	2 814 000
Total Assets	6 323 000	4 209 000	4 047 000	2 814 000
Total Equity	5 968 000	3 830 000	3 256 000	2 168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	0	3 000	30 000	26 000
Unpaid Taxes	125 000	117 000	346 000	71 000
Dividends	0	0	0	0
Other Current Debt	21 000	102 000	109 000	269 000
Total Current Debt	355 000	379 000	791 000	646 000
Total Equity and Debt	6 323 000	4 209 000	4 047 000	2 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,82 %	14,99 %	33,42 %	45,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	94,97 %	47,5 %	60,33 %	49,88 %
Current Ratio	11,58	9,59	4,43	4,36
Quick Ratio	11,58	9,59	4,43	4,36
Equity Ratio	0,94	0,91	0,8	0,77
Gross Profit Margin	100 %	95,2 %	100 %	89,91 %