TORES MOTORSERVICE AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

17,03 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 712 000	14 705 000	13 508 000	13 366 000
Net Income	265 000	277 000	455 000	134 000
Total Assets	8 421 000	5 999 000	4 559 000	3 047 000
Total Equity	1 556 000	1 291 000	1 014 000	559 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 712 000	14 705 000	13 508 000	13 366 000
Expenditure	14 288 000	14 246 000	12 812 000	13 150 000
Operating Profit	424 000	459 000	696 000	216 000
Financial Income	18 000	0	14 000	−4 000
Financial Costs	101 000	105 000	109 000	77 000
Financial Balance	−83 000	−105 000	−95 000	−81 000
Earnings Before Tax	341 000	354 000	601 000	134 000
Tax	76 000	77 000	146 000	0
Net Income	265 000	277 000	455 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	12 000	22 000	32 000
Total Current Assets	8 421 000	5 987 000	4 537 000	3 015 000
Total Assets	8 421 000	5 999 000	4 559 000	3 047 000
Total Retained Equity	1 456 000	1 191 000	914 000	459 000
Total Equity	1 556 000	1 291 000	1 014 000	559 000
Total Long-Term Debt	465 000	668 000	871 000	0
Total Current Debt	6 401 000	4 041 000	2 673 000	2 488 000
Total Equity and Debt	8 421 000	5 999 000	4 559 000	3 047 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 712 000	14 705 000	13 508 000	13 366 000
Other Income	0	0	0	0
Revenue	14 712 000	14 705 000	13 508 000	13 366 000
Cost of Goods Sold	9 641 000	10 052 000	8 864 000	9 240 000
Salary Costs	2 521 000	2 488 000	2 304 000	2 227 000
Depreciation	12 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	14 288 000	14 246 000	12 812 000	13 150 000
Operating Profit	424 000	459 000	696 000	216 000
Financial Income	18 000	0	14 000	−4 000
Financial Costs	101 000	105 000	109 000	77 000
Financial Balance	−83 000	−105 000	−95 000	−81 000
Dividends	0	0	0	0
Net Income	265 000	277 000	455 000	134 000

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	12 000	22 000	32 000
Total Tangible Assets	0	12 000	22 000	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	12 000	22 000	32 000
Stock	7 164 000	4 791 000	3 893 000	2 348 000
Total Investments	0	0	0	0
Cash, Bank	198 000	605 000	89 000	72 000
Total Current Assets	8 421 000	5 987 000	4 537 000	3 015 000
Total Assets	8 421 000	5 999 000	4 559 000	3 047 000
Total Equity	1 556 000	1 291 000	1 014 000	559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	465 000	668 000	871 000	0
Creditors	5 458 000	2 674 000	1 302 000	1 199 000
Unpaid Taxes	33 000	504 000	291 000	334 000
Dividends	0	0	0	0
Other Current Debt	218 000	211 000	193 000	220 000
Total Current Debt	6 401 000	4 041 000	2 673 000	2 488 000
Total Equity and Debt	8 421 000	5 999 000	4 559 000	3 047 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,03 %	21,46 %	44,87 %	23,97 %
Debt-to-Equity Ratio	0,3	0,52	0,86	0
Operating Profit Margin	2,88 %	3,12 %	5,15 %	1,62 %
Current Ratio	1,32	1,48	1,7	1,21
Quick Ratio	−11,04	−7,98	−3,72	21,54
Equity Ratio	0,18	0,22	0,22	0,18
Gross Profit Margin	34,47 %	31,64 %	34,38 %	30,87 %