TORSVIK INNREDNING AS

5315 HERDLA

Finances

Share Ownership

Return on Equity

−4,22 %

Current Ratio

2,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 954 000	18 008 000	15 644 000	12 061 000
Net Income	−303 000	911 000	836 000	575 000
Total Assets	9 541 000	10 153 000	11 120 000	8 205 000
Total Equity	7 180 000	7 483 000	6 672 000	5 936 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 954 000	18 008 000	15 644 000	12 061 000
Expenditure	12 296 000	16 815 000	14 545 000	11 292 000
Operating Profit	−340 000	1 193 000	1 099 000	769 000
Financial Income	3 000	3 000	7 000	2 000
Financial Costs	14 000	28 000	34 000	33 000
Financial Balance	−11 000	−25 000	−27 000	−31 000
Earnings Before Tax	−351 000	1 168 000	1 071 000	737 000
Tax	−49 000	257 000	236 000	162 000
Net Income	−303 000	911 000	836 000	575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 430 000	3 465 000	3 433 000	2 723 000
Total Current Assets	5 111 000	6 688 000	7 687 000	5 483 000
Total Assets	9 541 000	10 153 000	11 120 000	8 205 000
Total Retained Equity	5 155 000	5 458 000	4 647 000	3 911 000
Total Equity	7 180 000	7 483 000	6 672 000	5 936 000
Total Long-Term Debt	0	49 000	29 000	60 000
Total Current Debt	2 361 000	2 622 000	4 420 000	2 210 000
Total Equity and Debt	9 541 000	10 153 000	11 120 000	8 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 951 000	18 008 000	15 644 000	12 061 000
Other Income	3 000	0	0	0
Revenue	11 954 000	18 008 000	15 644 000	12 061 000
Cost of Goods Sold	5 212 000	9 789 000	7 853 000	4 508 000
Salary Costs	4 783 000	4 946 000	4 988 000	5 087 000
Depreciation	131 000	98 000	119 000	202 000
Impairment	0	0	0	0
Expenditure	12 296 000	16 815 000	14 545 000	11 292 000
Operating Profit	−340 000	1 193 000	1 099 000	769 000
Financial Income	3 000	3 000	7 000	2 000
Financial Costs	14 000	28 000	34 000	33 000
Financial Balance	−11 000	−25 000	−27 000	−31 000
Dividends	0	100 000	100 000	100 000
Net Income	−303 000	911 000	836 000	575 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 152 000	3 332 000	3 381 000	2 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	278 000	133 000	52 000	122 000
Total Tangible Assets	4 430 000	3 465 000	3 433 000	2 723 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 430 000	3 465 000	3 433 000	2 723 000
Stock	1 935 000	1 928 000	1 698 000	1 295 000
Total Investments	0	0	0	0
Cash, Bank	981 000	1 370 000	240 000	1 794 000
Total Current Assets	5 111 000	6 688 000	7 687 000	5 483 000
Total Assets	9 541 000	10 153 000	11 120 000	8 205 000
Total Equity	7 180 000	7 483 000	6 672 000	5 936 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	49 000	29 000	60 000
Creditors	483 000	777 000	2 121 000	727 000
Unpaid Taxes	1 082 000	920 000	939 000	703 000
Dividends	0	100 000	100 000	100 000
Other Current Debt	796 000	588 000	465 000	520 000
Total Current Debt	2 361 000	2 622 000	4 420 000	2 210 000
Total Equity and Debt	9 541 000	10 153 000	11 120 000	8 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,22 %	12,17 %	12,53 %	9,69 %
Debt-to-Equity Ratio	0	0,01	0	0,01
Operating Profit Margin	−2,84 %	6,62 %	7,03 %	6,38 %
Current Ratio	2,16	2,55	1,74	2,48
Quick Ratio	12	9,64	2,82	5,99
Equity Ratio	0,75	0,74	0,6	0,72
Gross Profit Margin	56,4 %	45,64 %	49,8 %	62,62 %