TOR SIGURD OLSEN AS

4520 LINDESNES

Finances

Return on Equity

19,35 %

Current Ratio

3,08

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 675 000	13 610 000	18 437 000	12 325 000
Net Income	3 443 000	1 575 000	2 741 000	1 987 000
Total Assets	22 247 000	18 019 000	16 769 000	17 336 000
Total Equity	17 797 000	14 380 000	12 824 000	10 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 675 000	13 610 000	18 437 000	12 325 000
Expenditure	12 285 000	11 595 000	14 941 000	9 814 000
Operating Profit	4 390 000	2 015 000	3 496 000	2 511 000
Financial Income	25 000	6 000	24 000	38 000
Financial Costs	1 000	1 000	5 000	1 000
Financial Balance	24 000	5 000	19 000	37 000
Earnings Before Tax	4 414 000	2 020 000	3 515 000	2 548 000
Tax	971 000	444 000	773 000	561 000
Net Income	3 443 000	1 575 000	2 741 000	1 987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 021 000	8 046 000	8 283 000	8 182 000
Total Current Assets	12 226 000	9 974 000	8 486 000	9 154 000
Total Assets	22 247 000	18 019 000	16 769 000	17 336 000
Total Retained Equity	17 697 000	14 280 000	12 724 000	10 014 000
Total Equity	17 797 000	14 380 000	12 824 000	10 114 000
Total Long-Term Debt	484 000	452 000	453 000	397 000
Total Current Debt	3 966 000	3 188 000	3 493 000	6 824 000
Total Equity and Debt	22 247 000	18 019 000	16 769 000	17 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 552 000	13 299 000	18 262 000	12 325 000
Other Income	123 000	311 000	175 000	0
Revenue	16 675 000	13 610 000	18 437 000	12 325 000
Cost of Goods Sold	4 334 000	4 382 000	8 045 000	3 348 000
Salary Costs	4 218 000	3 695 000	3 814 000	3 564 000
Depreciation	1 418 000	1 360 000	1 166 000	1 017 000
Impairment	0	0	0	0
Expenditure	12 285 000	11 595 000	14 941 000	9 814 000
Operating Profit	4 390 000	2 015 000	3 496 000	2 511 000
Financial Income	25 000	6 000	24 000	38 000
Financial Costs	1 000	1 000	5 000	1 000
Financial Balance	24 000	5 000	19 000	37 000
Dividends	0	0	0	0
Net Income	3 443 000	1 575 000	2 741 000	1 987 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 995 000	944 000	1 110 000	1 110 000
Machinery and Plant Facilities	6 731 000	6 070 000	6 138 000	6 708 000
Fixtures	1 276 000	1 012 000	1 015 000	343 000
Total Tangible Assets	10 001 000	8 025 000	8 263 000	8 161 000
Total Fiancial Fixed Assets	21 000	21 000	21 000	21 000
Total Fixed Assets	10 021 000	8 046 000	8 283 000	8 182 000
Stock	45 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 604 000	6 649 000	5 118 000	4 928 000
Total Current Assets	12 226 000	9 974 000	8 486 000	9 154 000
Total Assets	22 247 000	18 019 000	16 769 000	17 336 000
Total Equity	17 797 000	14 380 000	12 824 000	10 114 000
Short-Term Group Debt	598 000	566 000	541 000	1 998 000
Total Long-Term Debt	484 000	452 000	453 000	397 000
Creditors	1 602 000	809 000	908 000	3 141 000
Unpaid Taxes	486 000	1 068 000	1 018 000	908 000
Dividends	0	0	0	0
Other Current Debt	347 000	305 000	317 000	280 000
Total Current Debt	3 966 000	3 188 000	3 493 000	6 824 000
Total Equity and Debt	22 247 000	18 019 000	16 769 000	17 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,35 %	10,95 %	21,37 %	19,65 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,04
Operating Profit Margin	26,33 %	14,81 %	18,96 %	20,37 %
Current Ratio	3,08	3,13	2,43	1,34
Quick Ratio	3,12	3,13	2,43	1,34
Equity Ratio	0,8	0,8	0,76	0,58
Gross Profit Margin	74,01 %	67,8 %	56,36 %	72,84 %