TORES EFTF AS

7018 TRONDHEIM

Finances

Return on Equity

−63,04 %

Current Ratio

3,69

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 298 000	2 402 000	2 256 000	1 761 000
Net Income	−290 000	4 000	72 000	23 000
Total Assets	1 378 000	1 653 000	1 546 000	1 450 000
Total Equity	460 000	750 000	747 000	675 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 298 000	2 402 000	2 256 000	1 761 000
Expenditure	2 288 000	2 385 000	2 177 000	1 701 000
Operating Profit	9 000	17 000	80 000	61 000
Financial Income	0	0	0	0
Financial Costs	299 000	14 000	7 000	38 000
Financial Balance	−299 000	−14 000	−7 000	−38 000
Earnings Before Tax	−290 000	4 000	72 000	23 000
Tax	0	0	0	0
Net Income	−290 000	4 000	72 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	409 000	410 000	410 000
Total Current Assets	1 264 000	1 244 000	1 136 000	1 041 000
Total Assets	1 378 000	1 653 000	1 546 000	1 450 000
Total Retained Equity	360 000	650 000	647 000	575 000
Total Equity	460 000	750 000	747 000	675 000
Total Long-Term Debt	574 000	530 000	432 000	418 000
Total Current Debt	343 000	372 000	367 000	357 000
Total Equity and Debt	1 378 000	1 653 000	1 546 000	1 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 238 000	2 349 000	2 220 000	1 761 000
Other Income	60 000	54 000	36 000	0
Revenue	2 298 000	2 402 000	2 256 000	1 761 000
Cost of Goods Sold	1 710 000	1 796 000	1 658 000	1 177 000
Salary Costs	188 000	258 000	214 000	233 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 288 000	2 385 000	2 177 000	1 701 000
Operating Profit	9 000	17 000	80 000	61 000
Financial Income	0	0	0	0
Financial Costs	299 000	14 000	7 000	38 000
Financial Balance	−299 000	−14 000	−7 000	−38 000
Dividends	0	0	0	0
Net Income	−290 000	4 000	72 000	23 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	114 000	409 000	410 000	410 000
Total Fixed Assets	114 000	409 000	410 000	410 000
Stock	1 173 000	1 144 000	1 014 000	918 000
Total Investments	0	0	0	0
Cash, Bank	78 000	98 000	105 000	57 000
Total Current Assets	1 264 000	1 244 000	1 136 000	1 041 000
Total Assets	1 378 000	1 653 000	1 546 000	1 450 000
Total Equity	460 000	750 000	747 000	675 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	574 000	530 000	432 000	418 000
Creditors	57 000	27 000	44 000	6 000
Unpaid Taxes	80 000	80 000	136 000	87 000
Dividends	0	0	0	0
Other Current Debt	207 000	265 000	187 000	264 000
Total Current Debt	343 000	372 000	367 000	357 000
Total Equity and Debt	1 378 000	1 653 000	1 546 000	1 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,04 %	0,53 %	9,64 %	3,41 %
Debt-to-Equity Ratio	1,25	0,71	0,58	0,62
Operating Profit Margin	0,39 %	0,71 %	3,55 %	3,46 %
Current Ratio	3,69	3,34	3,1	2,92
Quick Ratio	−1,52	−1,61	−1,76	−1,86
Equity Ratio	0,33	0,45	0,48	0,47
Gross Profit Margin	25,59 %	25,23 %	26,51 %	33,16 %