TORMOD TØMTE AS

2003 LILLESTRØM

Finances

Return on Equity

529,63 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 777 000	2 418 000	3 317 000	3 003 000
Net Income	572 000	979 000	1 966 000	1 513 000
Total Assets	1 421 000	940 000	3 132 000	2 538 000
Total Equity	108 000	536 000	557 000	491 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 777 000	2 418 000	3 317 000	3 003 000
Expenditure	1 049 000	1 171 000	808 000	1 079 000
Operating Profit	728 000	1 246 000	2 508 000	1 925 000
Financial Income	6 000	9 000	13 000	15 000
Financial Costs	0	0	0	0
Financial Balance	6 000	9 000	13 000	15 000
Earnings Before Tax	733 000	1 255 000	2 521 000	1 939 000
Tax	161 000	276 000	555 000	427 000
Net Income	572 000	979 000	1 966 000	1 513 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	360 000	450 000	176 000	220 000
Total Current Assets	1 061 000	490 000	2 956 000	2 317 000
Total Assets	1 421 000	940 000	3 132 000	2 538 000
Total Retained Equity	8 000	436 000	457 000	391 000
Total Equity	108 000	536 000	557 000	491 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 313 000	404 000	2 575 000	2 046 000
Total Equity and Debt	1 421 000	940 000	3 132 000	2 538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 777 000	2 385 000	3 317 000	3 003 000
Other Income	0	32 000	0	0
Revenue	1 777 000	2 418 000	3 317 000	3 003 000
Cost of Goods Sold	0	0	0	0
Salary Costs	724 000	727 000	577 000	585 000
Depreciation	90 000	112 000	43 000	54 000
Impairment	0	0	0	0
Expenditure	1 049 000	1 171 000	808 000	1 079 000
Operating Profit	728 000	1 246 000	2 508 000	1 925 000
Financial Income	6 000	9 000	13 000	15 000
Financial Costs	0	0	0	0
Financial Balance	6 000	9 000	13 000	15 000
Dividends	1 000 000	1 000 000	1 900 000	1 500 000
Net Income	572 000	979 000	1 966 000	1 513 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	3 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	358 000	448 000	174 000	217 000
Total Tangible Assets	358 000	448 000	174 000	217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	360 000	450 000	176 000	220 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	958 000	343 000	2 687 000	1 800 000
Total Current Assets	1 061 000	490 000	2 956 000	2 317 000
Total Assets	1 421 000	940 000	3 132 000	2 538 000
Total Equity	108 000	536 000	557 000	491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	1 000	1 000
Unpaid Taxes	64 000	50 000	52 000	42 000
Dividends	1 000 000	1 000 000	1 900 000	1 500 000
Other Current Debt	1 087 000	79 000	1 968 000	1 577 000
Total Current Debt	1 313 000	404 000	2 575 000	2 046 000
Total Equity and Debt	1 421 000	940 000	3 132 000	2 538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	529,63 %	182,65 %	352,96 %	308,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,97 %	51,53 %	75,61 %	64,1 %
Current Ratio	0,81	1,21	1,15	1,13
Quick Ratio	0,81	1,21	1,15	1,13
Equity Ratio	0,08	0,57	0,18	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %