TORPEFELTET AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

8,91 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	800 000	9 120 000	925 000	1 050 000
Net Income	128 000	2 694 000	−5 000	125 000
Total Assets	4 473 000	5 068 000	5 975 000	6 544 000
Total Equity	1 436 000	4 309 000	4 615 000	4 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	800 000	9 120 000	925 000	1 050 000
Expenditure	633 000	5 656 000	815 000	759 000
Operating Profit	167 000	3 465 000	109 000	290 000
Financial Income	0	0	2 000	0
Financial Costs	3 000	11 000	118 000	131 000
Financial Balance	−3 000	−11 000	−116 000	−131 000
Earnings Before Tax	164 000	3 454 000	−7 000	160 000
Tax	36 000	760 000	−2 000	35 000
Net Income	128 000	2 694 000	−5 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 473 000	5 068 000	5 975 000	6 544 000
Total Assets	4 473 000	5 068 000	5 975 000	6 544 000
Total Retained Equity	0	1 989 000	2 295 000	2 300 000
Total Equity	1 436 000	4 309 000	4 615 000	4 620 000
Total Long-Term Debt	0	0	1 304 000	1 888 000
Total Current Debt	3 036 000	760 000	57 000	36 000
Total Equity and Debt	4 473 000	5 068 000	5 975 000	6 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	800 000	9 120 000	925 000	1 050 000
Other Income	0	0	0	0
Revenue	800 000	9 120 000	925 000	1 050 000
Cost of Goods Sold	524 000	5 549 000	709 000	583 000
Salary Costs	80 000	80 000	77 000	80 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	633 000	5 656 000	815 000	759 000
Operating Profit	167 000	3 465 000	109 000	290 000
Financial Income	0	0	2 000	0
Financial Costs	3 000	11 000	118 000	131 000
Financial Balance	−3 000	−11 000	−116 000	−131 000
Dividends	3 000 000	3 000 000	0	0
Net Income	128 000	2 694 000	−5 000	125 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	492 000	983 000	5 973 000	6 475 000
Total Investments	0	0	0	0
Cash, Bank	3 981 000	4 085 000	0	69 000
Total Current Assets	4 473 000	5 068 000	5 975 000	6 544 000
Total Assets	4 473 000	5 068 000	5 975 000	6 544 000
Total Equity	1 436 000	4 309 000	4 615 000	4 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 304 000	1 888 000
Creditors	0	0	10 000	0
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	3 000 000	0	0
Other Current Debt	0	0	47 000	1 000
Total Current Debt	3 036 000	760 000	57 000	36 000
Total Equity and Debt	4 473 000	5 068 000	5 975 000	6 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,91 %	62,52 %	−0,11 %	2,71 %
Debt-to-Equity Ratio	0	0	0,28	0,41
Operating Profit Margin	20,88 %	37,99 %	11,78 %	27,62 %
Current Ratio	1,47	6,67	104,82	181,78
Quick Ratio	1,76	−22,73	−1,01	−1,02
Equity Ratio	0,32	0,85	0,77	0,71
Gross Profit Margin	34,5 %	39,16 %	23,35 %	44,48 %