TORE OLSEN HOLDING AS

4909 SONGE

Finances

Return on Equity

−0,16 %

Current Ratio

5,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 667 000	61 101 000	54 965 000	63 538 000
Net Income	−137 000	2 334 000	1 805 000	1 991 000
Total Assets	96 269 000	95 913 000	89 559 000	73 548 000
Total Equity	83 120 000	82 666 000	74 898 000	45 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 667 000	61 101 000	54 965 000	63 538 000
Expenditure	64 530 000	58 781 000	52 833 000	61 008 000
Operating Profit	137 000	2 321 000	2 133 000	2 529 000
Financial Income	178 000	507 000	402 000	425 000
Financial Costs	496 000	23 000	453 000	521 000
Financial Balance	−318 000	484 000	−51 000	−96 000
Earnings Before Tax	−182 000	2 805 000	2 082 000	2 433 000
Tax	−45 000	470 000	277 000	442 000
Net Income	−137 000	2 334 000	1 805 000	1 991 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 356 000	28 350 000	19 234 000	9 545 000
Total Current Assets	73 913 000	67 563 000	70 325 000	64 004 000
Total Assets	96 269 000	95 913 000	89 559 000	73 548 000
Total Retained Equity	78 036 000	77 582 000	73 790 000	44 655 000
Total Equity	83 120 000	82 666 000	74 898 000	45 255 000
Total Long-Term Debt	107 000	32 000	4 946 000	16 528 000
Total Current Debt	13 041 000	13 215 000	9 715 000	11 766 000
Total Equity and Debt	96 269 000	95 913 000	89 559 000	73 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 248 000	60 036 000	54 328 000	63 051 000
Other Income	419 000	1 065 000	637 000	487 000
Revenue	64 667 000	61 101 000	54 965 000	63 538 000
Cost of Goods Sold	32 181 000	29 278 000	23 152 000	24 182 000
Salary Costs	23 716 000	22 176 000	23 975 000	26 377 000
Depreciation	3 011 000	2 986 000	2 712 000	2 367 000
Impairment	308 000	0	0	0
Expenditure	64 530 000	58 781 000	52 833 000	61 008 000
Operating Profit	137 000	2 321 000	2 133 000	2 529 000
Financial Income	178 000	507 000	402 000	425 000
Financial Costs	496 000	23 000	453 000	521 000
Financial Balance	−318 000	484 000	−51 000	−96 000
Dividends	0	300 000	2 000 000	0
Net Income	−137 000	2 334 000	1 805 000	1 991 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	338 000	0	0	578 000
Real Eastate	5 472 000	8 988 000	5 571 000	401 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 895 000	11 607 000	8 463 000	8 366 000
Total Tangible Assets	14 367 000	20 595 000	14 034 000	8 767 000
Total Fiancial Fixed Assets	7 650 000	7 755 000	5 200 000	200 000
Total Fixed Assets	22 356 000	28 350 000	19 234 000	9 545 000
Stock	35 744 000	24 529 000	26 950 000	23 863 000
Total Investments	0	0	0	0
Cash, Bank	29 635 000	32 163 000	37 063 000	28 906 000
Total Current Assets	73 913 000	67 563 000	70 325 000	64 004 000
Total Assets	96 269 000	95 913 000	89 559 000	73 548 000
Total Equity	83 120 000	82 666 000	74 898 000	45 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	107 000	32 000	4 946 000	16 528 000
Creditors	6 179 000	2 625 000	977 000	3 583 000
Unpaid Taxes	1 738 000	1 951 000	1 752 000	2 907 000
Dividends	0	300 000	2 000 000	0
Other Current Debt	5 125 000	8 325 000	4 928 000	5 193 000
Total Current Debt	13 041 000	13 215 000	9 715 000	11 766 000
Total Equity and Debt	96 269 000	95 913 000	89 559 000	73 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,16 %	2,82 %	2,41 %	4,4 %
Debt-to-Equity Ratio	0	0	0,07	0,37
Operating Profit Margin	0,21 %	3,8 %	3,88 %	3,98 %
Current Ratio	5,67	5,11	7,24	5,44
Quick Ratio	−3,26	−5,97	−4,08	−5,29
Equity Ratio	0,86	0,86	0,84	0,62
Gross Profit Margin	50,24 %	52,08 %	57,88 %	61,94 %