O TORJUSSEN & SØNNER AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

−1 454 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 502 000	105 842 000	53 850 000	115 766 000
Net Income	−14 889 000	−3 171 000	−1 616 000	1 923 000
Total Assets	23 050 000	29 549 000	30 298 000	53 625 000
Total Equity	1 024 000	10 888 000	14 059 000	15 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 502 000	105 842 000	53 850 000	115 766 000
Expenditure	71 563 000	38 788 000	25 806 000	43 000 000
Operating Profit	−15 061 000	−3 864 000	−2 305 000	2 224 000
Financial Income	156 000	309 000	444 000	486 000
Financial Costs	274 000	98 000	187 000	215 000
Financial Balance	−118 000	211 000	257 000	271 000
Earnings Before Tax	−15 179 000	−3 653 000	−2 048 000	2 495 000
Tax	−289 000	−482 000	−431 000	572 000
Net Income	−14 889 000	−3 171 000	−1 616 000	1 923 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 885 000	9 168 000	11 558 000	9 862 000
Total Current Assets	20 165 000	20 382 000	18 739 000	43 762 000
Total Assets	23 050 000	29 549 000	30 298 000	53 625 000
Total Retained Equity	−7 914 000	5 949 000	9 121 000	10 737 000
Total Equity	1 024 000	10 888 000	14 059 000	15 164 000
Total Long-Term Debt	920 000	1 066 000	1 696 000	769 000
Total Current Debt	21 106 000	17 596 000	14 543 000	37 691 000
Total Equity and Debt	23 050 000	29 549 000	30 298 000	53 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 502 000	105 842 000	52 800 000	115 766 000
Other Income	0	0	1 050 000	0
Revenue	56 502 000	105 842 000	53 850 000	115 766 000
Cost of Goods Sold	34 694 000	0	0	0
Salary Costs	27 227 000	34 093 000	21 298 000	38 005 000
Depreciation	368 000	408 000	309 000	255 000
Impairment	0	0	0	0
Expenditure	71 563 000	38 788 000	25 806 000	43 000 000
Operating Profit	−15 061 000	−3 864 000	−2 305 000	2 224 000
Financial Income	156 000	309 000	444 000	486 000
Financial Costs	274 000	98 000	187 000	215 000
Financial Balance	−118 000	211 000	257 000	271 000
Dividends	0	0	0	0
Net Income	−14 889 000	−3 171 000	−1 616 000	1 923 000

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	1 700 000	1 955 000	877 000
Fixtures	1 645 000	282 000	435 000	479 000
Total Tangible Assets	1 645 000	1 982 000	2 390 000	1 356 000
Total Fiancial Fixed Assets	1 240 000	7 186 000	9 168 000	8 506 000
Total Fixed Assets	2 885 000	9 168 000	11 558 000	9 862 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 333 000	7 907 000	5 773 000	7 002 000
Total Current Assets	20 165 000	20 382 000	18 739 000	43 762 000
Total Assets	23 050 000	29 549 000	30 298 000	53 625 000
Total Equity	1 024 000	10 888 000	14 059 000	15 164 000
Short-Term Group Debt	4 107 000	0	0	0
Total Long-Term Debt	920 000	1 066 000	1 696 000	769 000
Creditors	8 336 000	11 474 000	6 171 000	29 946 000
Unpaid Taxes	3 092 000	3 208 000	4 196 000	4 982 000
Dividends	0	0	0	0
Other Current Debt	4 431 000	2 913 000	1 850 000	2 361 000
Total Current Debt	21 106 000	17 596 000	14 543 000	37 691 000
Total Equity and Debt	23 050 000	29 549 000	30 298 000	53 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 454 %	−29,12 %	−11,49 %	12,68 %
Debt-to-Equity Ratio	0,9	0,1	0,12	0,05
Operating Profit Margin	−26,66 %	−3,65 %	−4,28 %	1,92 %
Current Ratio	0,96	1,16	1,29	1,16
Quick Ratio	0,96	1,16	1,29	1,16
Equity Ratio	0,04	0,37	0,46	0,28
Gross Profit Margin	38,6 %	100 %	100 %	100 %