TOVES GARN & BRUKSKUNST AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

5,08 %

Current Ratio

5,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 689 000	3 089 000	3 331 000	2 933 000
Net Income	73 000	109 000	264 000	641 000
Total Assets	1 748 000	1 864 000	1 786 000	1 921 000
Total Equity	1 437 000	1 364 000	1 455 000	1 191 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 689 000	3 089 000	3 331 000	2 933 000
Expenditure	2 595 000	2 949 000	2 990 000	2 109 000
Operating Profit	94 000	141 000	341 000	823 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	1 000	1 000	3 000	1 000
Financial Balance	0	0	−2 000	0
Earnings Before Tax	94 000	140 000	339 000	822 000
Tax	21 000	31 000	75 000	181 000
Net Income	73 000	109 000	264 000	641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	39 000	50 000	0
Total Current Assets	1 719 000	1 825 000	1 735 000	1 921 000
Total Assets	1 748 000	1 864 000	1 786 000	1 921 000
Total Retained Equity	1 407 000	1 334 000	1 425 000	1 161 000
Total Equity	1 437 000	1 364 000	1 455 000	1 191 000
Total Long-Term Debt	0	1 000	1 000	0
Total Current Debt	311 000	499 000	329 000	730 000
Total Equity and Debt	1 748 000	1 864 000	1 786 000	1 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 689 000	3 089 000	3 331 000	2 933 000
Other Income	0	0	0	0
Revenue	2 689 000	3 089 000	3 331 000	2 933 000
Cost of Goods Sold	1 254 000	1 654 000	1 941 000	1 236 000
Salary Costs	841 000	836 000	604 000	549 000
Depreciation	11 000	11 000	5 000	0
Impairment	0	0	0	0
Expenditure	2 595 000	2 949 000	2 990 000	2 109 000
Operating Profit	94 000	141 000	341 000	823 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	1 000	1 000	3 000	1 000
Financial Balance	0	0	−2 000	0
Dividends	0	200 000	0	0
Net Income	73 000	109 000	264 000	641 000

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	28 000	39 000	50 000	0
Total Tangible Assets	28 000	39 000	50 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	39 000	50 000	0
Stock	988 000	902 000	877 000	1 124 000
Total Investments	0	0	0	0
Cash, Bank	725 000	819 000	850 000	729 000
Total Current Assets	1 719 000	1 825 000	1 735 000	1 921 000
Total Assets	1 748 000	1 864 000	1 786 000	1 921 000
Total Equity	1 437 000	1 364 000	1 455 000	1 191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	0
Creditors	41 000	31 000	48 000	57 000
Unpaid Taxes	159 000	151 000	145 000	153 000
Dividends	0	200 000	0	0
Other Current Debt	88 000	86 000	63 000	339 000
Total Current Debt	311 000	499 000	329 000	730 000
Total Equity and Debt	1 748 000	1 864 000	1 786 000	1 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,08 %	7,99 %	18,14 %	53,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,5 %	4,56 %	10,24 %	28,06 %
Current Ratio	5,53	3,66	5,27	2,63
Quick Ratio	−2,54	−4,53	−3,17	−4,88
Equity Ratio	0,82	0,73	0,81	0,62
Gross Profit Margin	53,37 %	46,46 %	41,73 %	57,86 %