TORBJØRN SØVIKHAGEN AS

6280 SØVIK

Finances

Return on Equity

−0,43 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 999 000	5 035 000	5 259 000	5 442 000
Net Income	−19 000	−129 000	43 000	183 000
Total Assets	6 497 000	6 701 000	7 143 000	7 517 000
Total Equity	4 376 000	4 395 000	4 524 000	4 481 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 999 000	5 035 000	5 259 000	5 442 000
Expenditure	4 995 000	5 056 000	5 165 000	5 147 000
Operating Profit	4 000	−22 000	93 000	295 000
Financial Income	4 000	6 000	11 000	2 000
Financial Costs	33 000	124 000	50 000	62 000
Financial Balance	−29 000	−118 000	−39 000	−60 000
Earnings Before Tax	−25 000	−140 000	55 000	234 000
Tax	−5 000	−11 000	12 000	52 000
Net Income	−19 000	−129 000	43 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 247 000	4 615 000	5 077 000	5 439 000
Total Current Assets	2 250 000	2 086 000	2 065 000	2 078 000
Total Assets	6 497 000	6 701 000	7 143 000	7 517 000
Total Retained Equity	2 676 000	2 695 000	2 824 000	2 781 000
Total Equity	4 376 000	4 395 000	4 524 000	4 481 000
Total Long-Term Debt	0	1 101 000	1 458 000	1 807 000
Total Current Debt	2 121 000	1 205 000	1 162 000	1 229 000
Total Equity and Debt	6 497 000	6 701 000	7 143 000	7 517 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 680 000	3 704 000	3 900 000	4 045 000
Other Income	1 319 000	1 332 000	1 359 000	1 397 000
Revenue	4 999 000	5 035 000	5 259 000	5 442 000
Cost of Goods Sold	2 200 000	2 156 000	2 556 000	2 506 000
Salary Costs	1 479 000	1 400 000	1 332 000	1 223 000
Depreciation	393 000	392 000	410 000	459 000
Impairment	0	0	0	0
Expenditure	4 995 000	5 056 000	5 165 000	5 147 000
Operating Profit	4 000	−22 000	93 000	295 000
Financial Income	4 000	6 000	11 000	2 000
Financial Costs	33 000	124 000	50 000	62 000
Financial Balance	−29 000	−118 000	−39 000	−60 000
Dividends	0	0	0	0
Net Income	−19 000	−129 000	43 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	145 000	119 000	99 000	86 000
Real Eastate	4 032 000	4 259 000	4 581 000	4 904 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	237 000	307 000	373 000
Total Tangible Assets	4 103 000	4 496 000	4 888 000	5 278 000
Total Fiancial Fixed Assets	0	0	90 000	75 000
Total Fixed Assets	4 247 000	4 615 000	5 077 000	5 439 000
Stock	1 207 000	1 076 000	1 092 000	1 150 000
Total Investments	0	0	0	0
Cash, Bank	814 000	762 000	712 000	625 000
Total Current Assets	2 250 000	2 086 000	2 065 000	2 078 000
Total Assets	6 497 000	6 701 000	7 143 000	7 517 000
Total Equity	4 376 000	4 395 000	4 524 000	4 481 000
Short-Term Group Debt	410 000	0	0	0
Total Long-Term Debt	0	1 101 000	1 458 000	1 807 000
Creditors	184 000	197 000	182 000	161 000
Unpaid Taxes	256 000	210 000	202 000	240 000
Dividends	0	0	0	0
Other Current Debt	1 252 000	789 000	752 000	756 000
Total Current Debt	2 121 000	1 205 000	1 162 000	1 229 000
Total Equity and Debt	6 497 000	6 701 000	7 143 000	7 517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,43 %	−2,94 %	0,95 %	4,08 %
Debt-to-Equity Ratio	0	0,25	0,32	0,4
Operating Profit Margin	0,08 %	−0,44 %	1,77 %	5,42 %
Current Ratio	1,06	1,73	1,78	1,69
Quick Ratio	2,46	16,17	29,5	26,3
Equity Ratio	0,67	0,66	0,63	0,6
Gross Profit Margin	55,99 %	57,18 %	51,4 %	53,95 %