TORLAND AS

4322 SANDNES

Finances

Share Ownership

Return on Equity

84,21 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 612 000	685 000	55 000
Net Income	144 000	8 000	−3 000
Total Assets	941 000	480 000	49 000
Total Equity	171 000	27 000	18 000

Income (NOK)	2022	2021	2020
Revenue	1 612 000	685 000	55 000
Expenditure	1 430 000	677 000	58 000
Operating Profit	182 000	8 000	−3 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	182 000	8 000	−3 000
Tax	37 000	0	0
Net Income	144 000	8 000	−3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	941 000	480 000	49 000
Total Assets	941 000	480 000	49 000
Total Retained Equity	141 000	−3 000	−3 000
Total Equity	171 000	27 000	18 000
Total Long-Term Debt	0	0	0
Total Current Debt	770 000	453 000	30 000
Total Equity and Debt	941 000	480 000	49 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 491 000	682 000	55 000
Other Income	121 000	3 000	0
Revenue	1 612 000	685 000	55 000
Cost of Goods Sold	128 000	68 000	0
Salary Costs	309 000	63 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 430 000	677 000	58 000
Operating Profit	182 000	8 000	−3 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	144 000	8 000	−3 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 000	40 000	49 000
Total Current Assets	941 000	480 000	49 000
Total Assets	941 000	480 000	49 000
Total Equity	171 000	27 000	18 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	294 000	337 000	0
Unpaid Taxes	213 000	13 000	0
Dividends	0	0	0
Other Current Debt	225 000	103 000	30 000
Total Current Debt	770 000	453 000	30 000
Total Equity and Debt	941 000	480 000	49 000

Financial indicators	2022	2021	2020
Return on Equity	84,21 %	29,63 %	−16,67 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	11,29 %	1,17 %	−5,45 %
Current Ratio	1,22	1,06	1,63
Quick Ratio	1,22	1,06	1,63
Equity Ratio	0,18	0,06	0,37
Gross Profit Margin	92,06 %	90,07 %	100 %