TORVET FRISØR AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

38,27 %

Current Ratio

0,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 133 000	3 354 000	2 631 000	2 732 000
Net Income	62 000	182 000	51 000	30 000
Total Assets	1 280 000	1 554 000	1 240 000	1 126 000
Total Equity	162 000	100 000	545 000	544 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 133 000	3 354 000	2 631 000	2 732 000
Expenditure	4 001 000	3 099 000	2 552 000	2 676 000
Operating Profit	133 000	255 000	79 000	55 000
Financial Income	0	0	1 000	2 000
Financial Costs	50 000	22 000	15 000	18 000
Financial Balance	−50 000	−22 000	−14 000	−16 000
Earnings Before Tax	82 000	233 000	65 000	39 000
Tax	20 000	51 000	14 000	9 000
Net Income	62 000	182 000	51 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	722 000	73 000	3 000	5 000
Total Current Assets	558 000	1 480 000	1 237 000	1 120 000
Total Assets	1 280 000	1 554 000	1 240 000	1 126 000
Total Retained Equity	62 000	0	445 000	444 000
Total Equity	162 000	100 000	545 000	544 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 118 000	1 453 000	696 000	582 000
Total Equity and Debt	1 280 000	1 554 000	1 240 000	1 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 133 000	3 354 000	2 602 000	2 732 000
Other Income	0	0	29 000	0
Revenue	4 133 000	3 354 000	2 631 000	2 732 000
Cost of Goods Sold	399 000	314 000	284 000	307 000
Salary Costs	2 863 000	2 151 000	1 726 000	1 798 000
Depreciation	15 000	4 000	0	8 000
Impairment	0	0	0	0
Expenditure	4 001 000	3 099 000	2 552 000	2 676 000
Operating Profit	133 000	255 000	79 000	55 000
Financial Income	0	0	1 000	2 000
Financial Costs	50 000	22 000	15 000	18 000
Financial Balance	−50 000	−22 000	−14 000	−16 000
Dividends	0	626 000	50 000	0
Net Income	62 000	182 000	51 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	73 000	0	0
Total Tangible Assets	58 000	73 000	0	0
Total Fiancial Fixed Assets	665 000	0	0	0
Total Fixed Assets	722 000	73 000	3 000	5 000
Stock	377 000	323 000	267 000	322 000
Total Investments	0	0	0	0
Cash, Bank	175 000	1 131 000	961 000	793 000
Total Current Assets	558 000	1 480 000	1 237 000	1 120 000
Total Assets	1 280 000	1 554 000	1 240 000	1 126 000
Total Equity	162 000	100 000	545 000	544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	118 000	56 000	55 000	65 000
Unpaid Taxes	277 000	230 000	183 000	176 000
Dividends	0	626 000	50 000	0
Other Current Debt	541 000	494 000	394 000	341 000
Total Current Debt	1 118 000	1 453 000	696 000	582 000
Total Equity and Debt	1 280 000	1 554 000	1 240 000	1 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,27 %	182 %	9,36 %	5,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,22 %	7,6 %	3 %	2,01 %
Current Ratio	0,5	1,02	1,78	1,92
Quick Ratio	0,75	1,31	2,88	4,31
Equity Ratio	0,13	0,06	0,44	0,48
Gross Profit Margin	90,35 %	90,64 %	89,21 %	88,76 %