TORAX AS

2317 HAMAR

Finances

Return on Equity

1,85 %

Current Ratio

2,33

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 011 000	727 000	31 018 000	27 221 000
Net Income	96 000	−331 000	1 617 000	3 822 000
Total Assets	13 492 000	12 803 000	20 129 000	23 010 000
Total Equity	5 182 000	5 087 000	7 808 000	6 191 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 011 000	727 000	31 018 000	27 221 000
Expenditure	572 000	1 139 000	24 835 000	22 005 000
Operating Profit	439 000	−412 000	6 183 000	5 216 000
Financial Income	52 000	279 000	59 000	32 000
Financial Costs	368 000	285 000	3 544 000	509 000
Financial Balance	−316 000	−6 000	−3 485 000	−477 000
Earnings Before Tax	123 000	−418 000	2 698 000	4 739 000
Tax	27 000	−86 000	1 081 000	917 000
Net Income	96 000	−331 000	1 617 000	3 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 878 000	12 491 000	11 284 000	17 742 000
Total Current Assets	2 614 000	312 000	8 845 000	5 268 000
Total Assets	13 492 000	12 803 000	20 129 000	23 010 000
Total Retained Equity	5 143 000	5 047 000	7 708 000	6 091 000
Total Equity	5 182 000	5 087 000	7 808 000	6 191 000
Total Long-Term Debt	7 189 000	7 189 000	8 034 000	9 327 000
Total Current Debt	1 121 000	528 000	4 287 000	7 492 000
Total Equity and Debt	13 492 000	12 803 000	20 129 000	23 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	516 000	114 000	30 686 000	26 899 000
Other Income	495 000	613 000	331 000	322 000
Revenue	1 011 000	727 000	31 018 000	27 221 000
Cost of Goods Sold	1 000	0	5 968 000	4 737 000
Salary Costs	0	0	10 037 000	10 698 000
Depreciation	79 000	217 000	596 000	642 000
Impairment	0	0	3 245 000	0
Expenditure	572 000	1 139 000	24 835 000	22 005 000
Operating Profit	439 000	−412 000	6 183 000	5 216 000
Financial Income	52 000	279 000	59 000	32 000
Financial Costs	368 000	285 000	3 544 000	509 000
Financial Balance	−316 000	−6 000	−3 485 000	−477 000
Dividends	0	0	0	0
Net Income	96 000	−331 000	1 617 000	3 822 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	453 000	480 000	517 000	367 000
Real Eastate	7 645 000	8 205 000	8 388 000	11 540 000
Machinery and Plant Facilities	0	0	72 000	206 000
Fixtures	0	0	17 000	140 000
Total Tangible Assets	7 645 000	8 205 000	8 477 000	11 885 000
Total Fiancial Fixed Assets	2 780 000	3 807 000	2 289 000	5 489 000
Total Fixed Assets	10 878 000	12 491 000	11 284 000	17 742 000
Stock	0	0	0	0
Total Investments	0	0	11 000	11 000
Cash, Bank	20 000	75 000	2 055 000	511 000
Total Current Assets	2 614 000	312 000	8 845 000	5 268 000
Total Assets	13 492 000	12 803 000	20 129 000	23 010 000
Total Equity	5 182 000	5 087 000	7 808 000	6 191 000
Short-Term Group Debt	100 000	0	0	0
Total Long-Term Debt	7 189 000	7 189 000	8 034 000	9 327 000
Creditors	43 000	106 000	731 000	728 000
Unpaid Taxes	16 000	20 000	1 549 000	1 379 000
Dividends	0	0	0	0
Other Current Debt	8 000	403 000	1 138 000	951 000
Total Current Debt	1 121 000	528 000	4 287 000	7 492 000
Total Equity and Debt	13 492 000	12 803 000	20 129 000	23 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,85 %	−6,51 %	20,71 %	61,73 %
Debt-to-Equity Ratio	1,39	1,41	1,03	1,51
Operating Profit Margin	43,42 %	−56,67 %	19,93 %	19,16 %
Current Ratio	2,33	0,59	2,06	0,7
Quick Ratio	2,33	0,59	2,06	0,7
Equity Ratio	0,38	0,4	0,39	0,27
Gross Profit Margin	99,9 %	100 %	80,76 %	82,6 %