TORGY MEK. INDUSTRI AS

3112 TØNSBERG

Finances

Share Ownership

Return on Equity

4,42 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 494 000	38 749 000	38 933 000	109 707 000
Net Income	934 000	555 000	−2 824 000	10 532 000
Total Assets	53 117 000	35 091 000	36 151 000	42 435 000
Total Equity	21 122 000	19 441 000	19 333 000	24 638 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 494 000	38 749 000	38 933 000	109 707 000
Expenditure	58 824 000	38 389 000	41 565 000	96 888 000
Operating Profit	7 670 000	360 000	−2 632 000	12 819 000
Financial Income	1 637 000	1 946 000	1 704 000	3 273 000
Financial Costs	7 917 000	2 211 000	2 558 000	4 520 000
Financial Balance	−6 280 000	−265 000	−854 000	−1 247 000
Earnings Before Tax	1 389 000	95 000	−3 487 000	11 572 000
Tax	456 000	−461 000	−663 000	1 040 000
Net Income	934 000	555 000	−2 824 000	10 532 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 286 000	18 382 000	20 287 000	19 841 000
Total Current Assets	33 830 000	16 709 000	15 864 000	22 594 000
Total Assets	53 117 000	35 091 000	36 151 000	42 435 000
Total Retained Equity	18 121 000	16 440 000	16 331 000	21 636 000
Total Equity	21 122 000	19 441 000	19 333 000	24 638 000
Total Long-Term Debt	12 115 000	9 000 000	12 000 000	0
Total Current Debt	19 879 000	6 649 000	4 819 000	17 797 000
Total Equity and Debt	53 117 000	35 091 000	36 151 000	42 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 336 000	31 859 000	35 159 000	108 954 000
Other Income	159 000	6 891 000	3 774 000	753 000
Revenue	66 494 000	38 749 000	38 933 000	109 707 000
Cost of Goods Sold	29 322 000	14 453 000	14 160 000	54 358 000
Salary Costs	19 886 000	14 957 000	16 200 000	27 495 000
Depreciation	1 480 000	1 132 000	1 419 000	1 235 000
Impairment	0	79 000	0	0
Expenditure	58 824 000	38 389 000	41 565 000	96 888 000
Operating Profit	7 670 000	360 000	−2 632 000	12 819 000
Financial Income	1 637 000	1 946 000	1 704 000	3 273 000
Financial Costs	7 917 000	2 211 000	2 558 000	4 520 000
Financial Balance	−6 280 000	−265 000	−854 000	−1 247 000
Dividends	0	0	0	0
Net Income	934 000	555 000	−2 824 000	10 532 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	793 000	1 280 000	796 000	151 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 438 000	1 043 000	1 751 000	2 418 000
Fixtures	2 736 000	2 599 000	2 761 000	2 364 000
Total Tangible Assets	9 175 000	3 642 000	4 512 000	4 783 000
Total Fiancial Fixed Assets	9 319 000	13 460 000	14 979 000	14 908 000
Total Fixed Assets	19 286 000	18 382 000	20 287 000	19 841 000
Stock	11 550 000	7 028 000	7 584 000	9 296 000
Total Investments	0	0	0	0
Cash, Bank	2 204 000	2 069 000	3 667 000	3 378 000
Total Current Assets	33 830 000	16 709 000	15 864 000	22 594 000
Total Assets	53 117 000	35 091 000	36 151 000	42 435 000
Total Equity	21 122 000	19 441 000	19 333 000	24 638 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 115 000	9 000 000	12 000 000	0
Creditors	5 972 000	3 841 000	2 506 000	3 415 000
Unpaid Taxes	3 764 000	1 496 000	912 000	2 016 000
Dividends	0	0	0	0
Other Current Debt	1 629 000	1 312 000	1 400 000	2 122 000
Total Current Debt	19 879 000	6 649 000	4 819 000	17 797 000
Total Equity and Debt	53 117 000	35 091 000	36 151 000	42 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,42 %	2,85 %	−14,61 %	42,75 %
Debt-to-Equity Ratio	0,57	0,46	0,62	0
Operating Profit Margin	11,53 %	0,93 %	−6,76 %	11,68 %
Current Ratio	1,7	2,51	3,29	1,27
Quick Ratio	4,06	−44,09	−5,74	2,66
Equity Ratio	0,4	0,55	0,53	0,58
Gross Profit Margin	55,9 %	62,7 %	63,63 %	50,45 %