MS TORUNGEN AS

4870 FEVIK

Finances

Return on Equity

2,7 %

Current Ratio

1,14

Debt-to-Equity Ratio

−1,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	332 000	356 000	244 000	308 000
Net Income	−10 000	83 000	24 000	41 000
Total Assets	494 000	530 000	552 000	633 000
Total Equity	−370 000	−360 000	−443 000	−467 000

Income (NOK)	2022	2021	2020	2019
Revenue	332 000	356 000	244 000	308 000
Expenditure	323 000	255 000	198 000	242 000
Operating Profit	10 000	101 000	47 000	67 000
Financial Income	0	0	0	0
Financial Costs	20 000	19 000	23 000	26 000
Financial Balance	−20 000	−19 000	−23 000	−26 000
Earnings Before Tax	−10 000	83 000	24 000	41 000
Tax	0	0	0	0
Net Income	−10 000	83 000	24 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	344 000	416 000	472 000	531 000
Total Current Assets	150 000	114 000	80 000	102 000
Total Assets	494 000	530 000	552 000	633 000
Total Retained Equity	−470 000	−460 000	−543 000	−567 000
Total Equity	−370 000	−360 000	−443 000	−467 000
Total Long-Term Debt	732 000	858 000	956 000	1 050 000
Total Current Debt	132 000	32 000	39 000	50 000
Total Equity and Debt	494 000	530 000	552 000	633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	332 000	356 000	244 000	308 000
Other Income	0	0	0	0
Revenue	332 000	356 000	244 000	308 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	0	0	0	0
Depreciation	67 000	67 000	67 000	67 000
Impairment	0	0	0	0
Expenditure	323 000	255 000	198 000	242 000
Operating Profit	10 000	101 000	47 000	67 000
Financial Income	0	0	0	0
Financial Costs	20 000	19 000	23 000	26 000
Financial Balance	−20 000	−19 000	−23 000	−26 000
Dividends	0	0	0	0
Net Income	−10 000	83 000	24 000	41 000

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	292 000	358 000	425 000	491 000
Total Tangible Assets	292 000	358 000	425 000	491 000
Total Fiancial Fixed Assets	53 000	58 000	48 000	40 000
Total Fixed Assets	344 000	416 000	472 000	531 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	101 000	71 000	96 000
Total Current Assets	150 000	114 000	80 000	102 000
Total Assets	494 000	530 000	552 000	633 000
Total Equity	−370 000	−360 000	−443 000	−467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	732 000	858 000	956 000	1 050 000
Creditors	124 000	0	0	0
Unpaid Taxes	8 000	27 000	20 000	31 000
Dividends	0	0	0	0
Other Current Debt	0	5 000	19 000	19 000
Total Current Debt	132 000	32 000	39 000	50 000
Total Equity and Debt	494 000	530 000	552 000	633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,7 %	−23,06 %	−5,42 %	−8,78 %
Debt-to-Equity Ratio	−1,98	−2,38	−2,16	−2,25
Operating Profit Margin	3,01 %	28,37 %	19,26 %	21,75 %
Current Ratio	1,14	3,56	2,05	2,04
Quick Ratio	1,14	3,56	2,05	2,04
Equity Ratio	−0,75	−0,68	−0,8	−0,74
Gross Profit Margin	100 %	100 %	100 %	99,68 %