TORGEIR LARSEN TRANSPORT AS

9162 SØRSTRAUMEN

Finances

Share Ownership

Return on Equity

57,27 %

Current Ratio

24,78

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	590 000	426 000	0	80 000
Net Income	394 000	286 000	−13 000	86 000
Total Assets	878 000	892 000	112 000	125 000
Total Equity	688 000	294 000	112 000	125 000

Income (NOK)	2022	2021	2020	2019
Revenue	590 000	426 000	0	80 000
Expenditure	194 000	135 000	13 000	6 000
Operating Profit	397 000	291 000	−13 000	74 000
Financial Income	0	0	0	12 000
Financial Costs	3 000	5 000	0	0
Financial Balance	−3 000	−5 000	0	12 000
Earnings Before Tax	394 000	286 000	−13 000	86 000
Tax	0	0	0	0
Net Income	394 000	286 000	−13 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	229 000	0	0
Total Current Assets	669 000	662 000	112 000	125 000
Total Assets	878 000	892 000	112 000	125 000
Total Retained Equity	588 000	194 000	12 000	25 000
Total Equity	688 000	294 000	112 000	125 000
Total Long-Term Debt	164 000	452 000	0	0
Total Current Debt	27 000	145 000	0	0
Total Equity and Debt	878 000	892 000	112 000	125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	590 000	426 000	0	0
Other Income	0	0	0	80 000
Revenue	590 000	426 000	0	80 000
Cost of Goods Sold	7 000	2 000	0	0
Salary Costs	0	0	0	0
Depreciation	62 000	46 000	0	0
Impairment	0	0	0	0
Expenditure	194 000	135 000	13 000	6 000
Operating Profit	397 000	291 000	−13 000	74 000
Financial Income	0	0	0	12 000
Financial Costs	3 000	5 000	0	0
Financial Balance	−3 000	−5 000	0	12 000
Dividends	0	104 000	0	0
Net Income	394 000	286 000	−13 000	86 000

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	196 000	229 000	0	0
Fixtures	14 000	0	0	0
Total Tangible Assets	210 000	229 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	210 000	229 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	585 000	559 000	9 000	34 000
Total Current Assets	669 000	662 000	112 000	125 000
Total Assets	878 000	892 000	112 000	125 000
Total Equity	688 000	294 000	112 000	125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	164 000	452 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	27 000	41 000	0	0
Dividends	0	104 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	27 000	145 000	0	0
Total Equity and Debt	878 000	892 000	112 000	125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,27 %	97,28 %	−11,61 %	68,8 %
Debt-to-Equity Ratio	0,24	1,54	0	0
Operating Profit Margin	67,29 %	68,31 %	-	92,5 %
Current Ratio	24,78	4,57	-	-
Quick Ratio	24,78	4,57	-	-
Equity Ratio	0,78	0,33	1	1
Gross Profit Margin	98,81 %	99,53 %	-	100 %