TORE REITEN AS

6630 TINGVOLL

Finances

Share Ownership

Return on Equity

0,84 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 350 000	1 762 000	1 950 000	5 596 000
Net Income	14 000	95 000	−329 000	1 694 000
Total Assets	2 439 000	2 726 000	3 219 000	4 787 000
Total Equity	1 674 000	1 660 000	1 565 000	1 894 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 350 000	1 762 000	1 950 000	5 596 000
Expenditure	1 304 000	1 725 000	2 376 000	3 417 000
Operating Profit	16 000	35 000	−315 000	2 179 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	1 000	6 000	15 000	7 000
Financial Balance	1 000	−5 000	−14 000	−7 000
Earnings Before Tax	17 000	30 000	−329 000	2 172 000
Tax	3 000	−65 000	0	478 000
Net Income	14 000	95 000	−329 000	1 694 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 305 000	1 637 000	2 022 000	2 167 000
Total Current Assets	1 134 000	1 089 000	1 196 000	2 621 000
Total Assets	2 439 000	2 726 000	3 219 000	4 787 000
Total Retained Equity	1 474 000	1 460 000	1 365 000	1 694 000
Total Equity	1 674 000	1 660 000	1 565 000	1 894 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	762 000	1 066 000	1 653 000	2 893 000
Total Equity and Debt	2 439 000	2 726 000	3 219 000	4 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 350 000	1 762 000	1 950 000	5 596 000
Other Income	0	0	0	0
Revenue	1 350 000	1 762 000	1 950 000	5 596 000
Cost of Goods Sold	20 000	16 000	67 000	828 000
Salary Costs	39 000	341 000	427 000	350 000
Depreciation	125 000	355 000	424 000	401 000
Impairment	0	0	0	0
Expenditure	1 304 000	1 725 000	2 376 000	3 417 000
Operating Profit	16 000	35 000	−315 000	2 179 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	1 000	6 000	15 000	7 000
Financial Balance	1 000	−5 000	−14 000	−7 000
Dividends	0	0	0	0
Net Income	14 000	95 000	−329 000	1 694 000

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	1 123 000	1 403 000	1 646 000	1 595 000
Total Tangible Assets	1 123 000	1 403 000	1 646 000	1 595 000
Total Fiancial Fixed Assets	182 000	234 000	376 000	572 000
Total Fixed Assets	1 305 000	1 637 000	2 022 000	2 167 000
Stock	121 000	131 000	143 000	25 000
Total Investments	0	0	0	0
Cash, Bank	572 000	267 000	720 000	2 560 000
Total Current Assets	1 134 000	1 089 000	1 196 000	2 621 000
Total Assets	2 439 000	2 726 000	3 219 000	4 787 000
Total Equity	1 674 000	1 660 000	1 565 000	1 894 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	91 000	71 000	201 000	129 000
Unpaid Taxes	44 000	194 000	143 000	605 000
Dividends	0	0	0	0
Other Current Debt	627 000	794 000	1 309 000	1 682 000
Total Current Debt	762 000	1 066 000	1 653 000	2 893 000
Total Equity and Debt	2 439 000	2 726 000	3 219 000	4 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,84 %	5,72 %	−21,02 %	89,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,19 %	1,99 %	−16,15 %	38,94 %
Current Ratio	1,49	1,02	0,72	0,91
Quick Ratio	1,77	1,16	0,79	0,91
Equity Ratio	0,69	0,61	0,49	0,4
Gross Profit Margin	98,52 %	99,09 %	96,56 %	85,2 %