AURE TORVIK AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

12,98 %

Current Ratio

3,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 437 000	4 895 000	4 863 000	974 000
Net Income	268 000	554 000	989 000	424 000
Total Assets	3 052 000	2 879 000	2 442 000	2 068 000
Total Equity	2 064 000	1 996 000	1 442 000	454 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 437 000	4 895 000	4 863 000	974 000
Expenditure	4 093 000	4 186 000	3 593 000	408 000
Operating Profit	344 000	710 000	1 269 000	566 000
Financial Income	1 000	2 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	2 000	−1 000	0
Earnings Before Tax	346 000	711 000	1 269 000	566 000
Tax	78 000	157 000	280 000	142 000
Net Income	268 000	554 000	989 000	424 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	37 000	49 000	41 000
Total Current Assets	3 026 000	2 842 000	2 393 000	2 027 000
Total Assets	3 052 000	2 879 000	2 442 000	2 068 000
Total Retained Equity	2 034 000	1 966 000	1 412 000	424 000
Total Equity	2 064 000	1 996 000	1 442 000	454 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	987 000	883 000	1 000 000	1 614 000
Total Equity and Debt	3 052 000	2 879 000	2 442 000	2 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 437 000	4 895 000	4 863 000	974 000
Other Income	0	0	0	0
Revenue	4 437 000	4 895 000	4 863 000	974 000
Cost of Goods Sold	2 701 000	2 704 000	2 382 000	293 000
Salary Costs	717 000	858 000	603 000	65 000
Depreciation	12 000	12 000	9 000	1 000
Impairment	0	0	0	0
Expenditure	4 093 000	4 186 000	3 593 000	408 000
Operating Profit	344 000	710 000	1 269 000	566 000
Financial Income	1 000	2 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	2 000	−1 000	0
Dividends	200 000	0	0	0
Net Income	268 000	554 000	989 000	424 000

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	26 000	37 000	49 000	41 000
Total Tangible Assets	26 000	37 000	49 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	37 000	49 000	41 000
Stock	1 329 000	1 233 000	1 138 000	738 000
Total Investments	0	0	0	0
Cash, Bank	1 570 000	1 573 000	1 236 000	859 000
Total Current Assets	3 026 000	2 842 000	2 393 000	2 027 000
Total Assets	3 052 000	2 879 000	2 442 000	2 068 000
Total Equity	2 064 000	1 996 000	1 442 000	454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	262 000	134 000	219 000	97 000
Unpaid Taxes	247 000	295 000	288 000	210 000
Dividends	200 000	0	0	0
Other Current Debt	200 000	297 000	213 000	1 165 000
Total Current Debt	987 000	883 000	1 000 000	1 614 000
Total Equity and Debt	3 052 000	2 879 000	2 442 000	2 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,98 %	27,76 %	68,59 %	93,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,75 %	14,5 %	26,1 %	58,11 %
Current Ratio	3,07	3,22	2,39	1,26
Quick Ratio	−8,85	−8,12	−17,34	2,31
Equity Ratio	0,68	0,69	0,59	0,22
Gross Profit Margin	39,13 %	44,76 %	51,02 %	69,92 %