TOREG AS

4590 SNARTEMO

Finances

Return on Equity

14,58 %

Current Ratio

4,06

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	1 362 000	784 000	633 000
Net Income	454 000	274 000	9 000	37 000
Total Assets	3 552 000	3 392 000	2 759 000	2 846 000
Total Equity	3 113 000	2 659 000	2 385 000	2 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	1 362 000	784 000	633 000
Expenditure	633 000	1 015 000	780 000	609 000
Operating Profit	567 000	348 000	3 000	23 000
Financial Income	16 000	4 000	8 000	24 000
Financial Costs	1 000	0	0	0
Financial Balance	15 000	4 000	8 000	24 000
Earnings Before Tax	582 000	351 000	11 000	47 000
Tax	128 000	77 000	2 000	10 000
Net Income	454 000	274 000	9 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 028 000	2 102 000	2 185 000	1 783 000
Total Current Assets	1 524 000	1 291 000	573 000	1 063 000
Total Assets	3 552 000	3 392 000	2 759 000	2 846 000
Total Retained Equity	2 813 000	2 359 000	2 085 000	2 076 000
Total Equity	3 113 000	2 659 000	2 385 000	2 376 000
Total Long-Term Debt	64 000	66 000	67 000	66 000
Total Current Debt	375 000	668 000	307 000	404 000
Total Equity and Debt	3 552 000	3 392 000	2 759 000	2 846 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 197 000	1 362 000	772 000	633 000
Other Income	3 000	0	13 000	0
Revenue	1 200 000	1 362 000	784 000	633 000
Cost of Goods Sold	0	0	0	0
Salary Costs	298 000	728 000	−3 000	332 000
Depreciation	74 000	84 000	95 000	42 000
Impairment	0	0	0	0
Expenditure	633 000	1 015 000	780 000	609 000
Operating Profit	567 000	348 000	3 000	23 000
Financial Income	16 000	4 000	8 000	24 000
Financial Costs	1 000	0	0	0
Financial Balance	15 000	4 000	8 000	24 000
Dividends	0	0	0	0
Net Income	454 000	274 000	9 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	910 000	954 000	1 001 000	761 000
Machinery and Plant Facilities	118 000	147 000	184 000	22 000
Fixtures	0	0	0	0
Total Tangible Assets	1 028 000	1 102 000	1 185 000	783 000
Total Fiancial Fixed Assets	1 000 000	1 000 000	1 000 000	1 000 000
Total Fixed Assets	2 028 000	2 102 000	2 185 000	1 783 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	960 000	602 000	213 000	818 000
Total Current Assets	1 524 000	1 291 000	573 000	1 063 000
Total Assets	3 552 000	3 392 000	2 759 000	2 846 000
Total Equity	3 113 000	2 659 000	2 385 000	2 376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	64 000	66 000	67 000	66 000
Creditors	0	0	11 000	0
Unpaid Taxes	139 000	467 000	0	155 000
Dividends	0	0	0	0
Other Current Debt	106 000	122 000	294 000	238 000
Total Current Debt	375 000	668 000	307 000	404 000
Total Equity and Debt	3 552 000	3 392 000	2 759 000	2 846 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,58 %	10,3 %	0,38 %	1,56 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0,03
Operating Profit Margin	47,25 %	25,55 %	0,38 %	3,63 %
Current Ratio	4,06	1,93	1,87	2,63
Quick Ratio	4,06	1,93	1,87	2,63
Equity Ratio	0,88	0,78	0,86	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %