TØRKELOFTET AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

49,57 %

Current Ratio

4,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 426 000	2 529 000	204 000
Net Income	1 268 000	1 342 000	88 000
Total Assets	3 208 000	2 194 000	313 000
Total Equity	2 558 000	1 570 000	172 000

Income (NOK)	2022	2021	2020
Revenue	2 426 000	2 529 000	204 000
Expenditure	1 160 000	813 000	21 000
Operating Profit	1 266 000	1 717 000	182 000
Financial Income	23 000	4 000	0
Financial Costs	21 000	0	0
Financial Balance	2 000	4 000	0
Earnings Before Tax	1 268 000	1 720 000	182 000
Tax	0	378 000	95 000
Net Income	1 268 000	1 342 000	88 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	307 000	313 000	0
Total Current Assets	2 902 000	1 881 000	313 000
Total Assets	3 208 000	2 194 000	313 000
Total Retained Equity	2 468 000	1 480 000	82 000
Total Equity	2 558 000	1 570 000	172 000
Total Long-Term Debt	0	0	56 000
Total Current Debt	650 000	624 000	85 000
Total Equity and Debt	3 208 000	2 194 000	313 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 200 000	2 411 000	204 000
Other Income	226 000	118 000	0
Revenue	2 426 000	2 529 000	204 000
Cost of Goods Sold	0	0	0
Salary Costs	868 000	603 000	0
Depreciation	7 000	7 000	0
Impairment	0	0	0
Expenditure	1 160 000	813 000	21 000
Operating Profit	1 266 000	1 717 000	182 000
Financial Income	23 000	4 000	0
Financial Costs	21 000	0	0
Financial Balance	2 000	4 000	0
Dividends	0	0	0
Net Income	1 268 000	1 342 000	88 000

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	7 000	13 000	0
Total Tangible Assets	7 000	13 000	0
Total Fiancial Fixed Assets	300 000	300 000	0
Total Fixed Assets	307 000	313 000	0
Stock	0	0	0
Total Investments	1 060 000	803 000	0
Cash, Bank	1 605 000	743 000	58 000
Total Current Assets	2 902 000	1 881 000	313 000
Total Assets	3 208 000	2 194 000	313 000
Total Equity	2 558 000	1 570 000	172 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	56 000
Creditors	0	0	0
Unpaid Taxes	268 000	171 000	46 000
Dividends	0	0	0
Other Current Debt	102 000	75 000	0
Total Current Debt	650 000	624 000	85 000
Total Equity and Debt	3 208 000	2 194 000	313 000

Financial indicators	2022	2021	2020
Return on Equity	49,57 %	85,48 %	51,16 %
Debt-to-Equity Ratio	0	0	0,33
Operating Profit Margin	52,18 %	67,89 %	89,22 %
Current Ratio	4,46	3,01	3,68
Quick Ratio	4,46	3,01	3,68
Equity Ratio	0,8	0,72	0,55
Gross Profit Margin	100 %	100 %	100 %