Tornerose AS

9411 HARSTAD

Finances

Return on Equity

6,35 %

Current Ratio

3,71

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 287 000	11 271 000	11 305 000	9 614 000
Net Income	186 000	51 000	528 000	284 000
Total Assets	5 115 000	5 056 000	5 177 000	4 994 000
Total Equity	2 930 000	2 744 000	2 693 000	2 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 287 000	11 271 000	11 305 000	9 614 000
Expenditure	10 035 000	11 186 000	10 596 000	9 566 000
Operating Profit	252 000	86 000	710 000	49 000
Financial Income	1 000	0	0	286 000
Financial Costs	15 000	21 000	34 000	51 000
Financial Balance	−14 000	−21 000	−34 000	235 000
Earnings Before Tax	238 000	65 000	677 000	284 000
Tax	52 000	14 000	149 000	0
Net Income	186 000	51 000	528 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	459 000	619 000	779 000
Total Current Assets	4 816 000	4 597 000	4 558 000	4 215 000
Total Assets	5 115 000	5 056 000	5 177 000	4 994 000
Total Retained Equity	2 460 000	2 274 000	2 223 000	1 695 000
Total Equity	2 930 000	2 744 000	2 693 000	2 165 000
Total Long-Term Debt	888 000	1 032 000	1 307 000	1 891 000
Total Current Debt	1 297 000	1 280 000	1 177 000	938 000
Total Equity and Debt	5 115 000	5 056 000	5 177 000	4 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 287 000	11 271 000	11 305 000	9 614 000
Other Income	0	0	0	0
Revenue	10 287 000	11 271 000	11 305 000	9 614 000
Cost of Goods Sold	5 152 000	5 744 000	5 725 000	4 816 000
Salary Costs	2 690 000	3 284 000	2 836 000	2 622 000
Depreciation	160 000	160 000	160 000	160 000
Impairment	0	0	0	0
Expenditure	10 035 000	11 186 000	10 596 000	9 566 000
Operating Profit	252 000	86 000	710 000	49 000
Financial Income	1 000	0	0	286 000
Financial Costs	15 000	21 000	34 000	51 000
Financial Balance	−14 000	−21 000	−34 000	235 000
Dividends	0	0	0	0
Net Income	186 000	51 000	528 000	284 000

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	90 000	250 000	410 000	570 000
Total Tangible Assets	90 000	250 000	410 000	570 000
Total Fiancial Fixed Assets	209 000	209 000	209 000	209 000
Total Fixed Assets	299 000	459 000	619 000	779 000
Stock	3 066 000	2 841 000	2 754 000	2 485 000
Total Investments	0	0	0	0
Cash, Bank	1 750 000	1 757 000	1 805 000	1 446 000
Total Current Assets	4 816 000	4 597 000	4 558 000	4 215 000
Total Assets	5 115 000	5 056 000	5 177 000	4 994 000
Total Equity	2 930 000	2 744 000	2 693 000	2 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	888 000	1 032 000	1 307 000	1 891 000
Creditors	193 000	261 000	198 000	234 000
Unpaid Taxes	448 000	465 000	504 000	413 000
Dividends	0	0	0	0
Other Current Debt	603 000	540 000	326 000	292 000
Total Current Debt	1 297 000	1 280 000	1 177 000	938 000
Total Equity and Debt	5 115 000	5 056 000	5 177 000	4 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,35 %	1,86 %	19,61 %	13,12 %
Debt-to-Equity Ratio	0,3	0,38	0,49	0,87
Operating Profit Margin	2,45 %	0,76 %	6,28 %	0,51 %
Current Ratio	3,71	3,59	3,87	4,49
Quick Ratio	−2,72	−2,94	−2,89	−2,72
Equity Ratio	0,57	0,54	0,52	0,43
Gross Profit Margin	49,92 %	49,04 %	49,36 %	49,91 %