TOR FASSELAND AS

4515 MANDAL

Finances

Return on Equity

67,62 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 552 000	23 617 000	24 677 000	28 570 000
Net Income	2 633 000	1 945 000	2 513 000	3 745 000
Total Assets	12 370 000	12 333 000	11 496 000	13 658 000
Total Equity	3 894 000	4 261 000	4 817 000	4 804 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 552 000	23 617 000	24 677 000	28 570 000
Expenditure	24 229 000	21 686 000	22 057 000	24 392 000
Operating Profit	3 324 000	1 931 000	2 620 000	4 178 000
Financial Income	87 000	492 000	528 000	538 000
Financial Costs	0	1 000	12 000	10 000
Financial Balance	87 000	491 000	516 000	528 000
Earnings Before Tax	3 411 000	2 421 000	3 136 000	4 706 000
Tax	778 000	477 000	623 000	961 000
Net Income	2 633 000	1 945 000	2 513 000	3 745 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 615 000	2 117 000	2 093 000	2 021 000
Total Current Assets	10 755 000	10 216 000	9 402 000	11 637 000
Total Assets	12 370 000	12 333 000	11 496 000	13 658 000
Total Retained Equity	3 394 000	3 761 000	4 317 000	4 304 000
Total Equity	3 894 000	4 261 000	4 817 000	4 804 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 476 000	8 072 000	6 679 000	8 854 000
Total Equity and Debt	12 370 000	12 333 000	11 496 000	13 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 547 000	23 597 000	24 602 000	28 570 000
Other Income	5 000	20 000	75 000	0
Revenue	27 552 000	23 617 000	24 677 000	28 570 000
Cost of Goods Sold	4 305 000	4 057 000	3 583 000	4 282 000
Salary Costs	14 487 000	12 847 000	13 494 000	14 686 000
Depreciation	528 000	680 000	685 000	519 000
Impairment	0	0	0	0
Expenditure	24 229 000	21 686 000	22 057 000	24 392 000
Operating Profit	3 324 000	1 931 000	2 620 000	4 178 000
Financial Income	87 000	492 000	528 000	538 000
Financial Costs	0	1 000	12 000	10 000
Financial Balance	87 000	491 000	516 000	528 000
Dividends	3 000 000	2 500 000	2 500 000	3 000 000
Net Income	2 633 000	1 945 000	2 513 000	3 745 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	52 000	81 000	131 000	230 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 293 000	1 766 000	1 692 000	1 521 000
Total Tangible Assets	1 345 000	1 847 000	1 823 000	1 751 000
Total Fiancial Fixed Assets	270 000	270 000	270 000	270 000
Total Fixed Assets	1 615 000	2 117 000	2 093 000	2 021 000
Stock	420 000	370 000	345 000	243 000
Total Investments	0	0	0	0
Cash, Bank	5 427 000	5 474 000	5 865 000	5 795 000
Total Current Assets	10 755 000	10 216 000	9 402 000	11 637 000
Total Assets	12 370 000	12 333 000	11 496 000	13 658 000
Total Equity	3 894 000	4 261 000	4 817 000	4 804 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 062 000	1 278 000	725 000	1 367 000
Unpaid Taxes	1 470 000	1 626 000	1 112 000	1 495 000
Dividends	3 000 000	2 500 000	2 500 000	3 000 000
Other Current Debt	5 167 000	4 691 000	4 219 000	5 026 000
Total Current Debt	8 476 000	8 072 000	6 679 000	8 854 000
Total Equity and Debt	12 370 000	12 333 000	11 496 000	13 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,62 %	45,65 %	52,17 %	77,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,06 %	8,18 %	10,62 %	14,62 %
Current Ratio	1,27	1,27	1,41	1,31
Quick Ratio	1,34	1,33	1,48	1,35
Equity Ratio	0,31	0,35	0,42	0,35
Gross Profit Margin	84,38 %	82,82 %	85,48 %	85,01 %