TORE SVENSEN

4843 ARENDAL

Finances

Share Ownership

Return on Equity

68,32 %

Current Ratio

6,31

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	707 000	691 000	690 000	689 000
Net Income	619 000	594 000	597 000	611 000
Total Assets	1 065 000	978 000	810 000	595 000
Total Equity	906 000	829 000	641 000	424 000

Income (NOK)	2021	2020	2019	2018
Revenue	707 000	691 000	690 000	689 000
Expenditure	93 000	103 000	103 000	79 000
Operating Profit	614 000	588 000	588 000	609 000
Financial Income	5 000	6 000	10 000	1 000
Financial Costs	1 000	1 000	0	0
Financial Balance	4 000	5 000	10 000	1 000
Earnings Before Tax	619 000	594 000	597 000	611 000
Tax	0	0	0	0
Net Income	619 000	594 000	597 000	611 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	56 000	56 000	56 000	42 000
Total Current Assets	1 009 000	922 000	753 000	553 000
Total Assets	1 065 000	978 000	810 000	595 000
Total Retained Equity	906 000	829 000	641 000	424 000
Total Equity	906 000	829 000	641 000	424 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	160 000	149 000	169 000	171 000
Total Equity and Debt	1 065 000	978 000	810 000	595 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	696 000	685 000	679 000	678 000
Other Income	11 000	6 000	11 000	11 000
Revenue	707 000	691 000	690 000	689 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	93 000	103 000	103 000	79 000
Operating Profit	614 000	588 000	588 000	609 000
Financial Income	5 000	6 000	10 000	1 000
Financial Costs	1 000	1 000	0	0
Financial Balance	4 000	5 000	10 000	1 000
Dividends	0	0	0	0
Net Income	619 000	594 000	597 000	611 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	56 000	56 000	56 000	42 000
Total Fixed Assets	56 000	56 000	56 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	792 000	766 000	638 000	281 000
Total Current Assets	1 009 000	922 000	753 000	553 000
Total Assets	1 065 000	978 000	810 000	595 000
Total Equity	906 000	829 000	641 000	424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	15 000	13 000
Unpaid Taxes	160 000	149 000	154 000	159 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	160 000	149 000	169 000	171 000
Total Equity and Debt	1 065 000	978 000	810 000	595 000

Financial indicators	2021	2020	2019	2018
Return on Equity	68,32 %	71,65 %	93,14 %	144,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	86,85 %	85,09 %	85,22 %	88,39 %
Current Ratio	6,31	6,19	4,46	3,23
Quick Ratio	6,31	6,19	4,46	3,23
Equity Ratio	0,85	0,85	0,79	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %