TORSVIK SNEKKERI AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

−96,8 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	664 000	1 165 000	755 000	1 041 000
Net Income	−454 000	210 000	−44 000	17 000
Total Assets	852 000	1 208 000	879 000	999 000
Total Equity	469 000	923 000	713 000	757 000

Income (NOK)	2022	2021	2020	2019
Revenue	664 000	1 165 000	755 000	1 041 000
Expenditure	1 119 000	956 000	799 000	827 000
Operating Profit	−454 000	209 000	−44 000	17 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	−454 000	210 000	−44 000	17 000
Tax	0	0	0	0
Net Income	−454 000	210 000	−44 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	268 000	331 000	394 000
Total Current Assets	645 000	940 000	548 000	605 000
Total Assets	852 000	1 208 000	879 000	999 000
Total Retained Equity	365 000	819 000	609 000	654 000
Total Equity	469 000	923 000	713 000	757 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	383 000	286 000	166 000	242 000
Total Equity and Debt	852 000	1 208 000	879 000	999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	664 000	1 394 000	526 000	1 355 000
Other Income	0	−229 000	229 000	−314 000
Revenue	664 000	1 165 000	755 000	1 041 000
Cost of Goods Sold	119 000	143 000	131 000	276 000
Salary Costs	735 000	526 000	416 000	314 000
Depreciation	63 000	63 000	63 000	63 000
Impairment	0	0	0	0
Expenditure	1 119 000	956 000	799 000	827 000
Operating Profit	−454 000	209 000	−44 000	17 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	0	0
Dividends	0	0	0	0
Net Income	−454 000	210 000	−44 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	206 000	268 000	331 000	394 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	206 000	268 000	331 000	394 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	206 000	268 000	331 000	394 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	368 000	388 000	313 000	87 000
Total Current Assets	645 000	940 000	548 000	605 000
Total Assets	852 000	1 208 000	879 000	999 000
Total Equity	469 000	923 000	713 000	757 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 000	4 000	12 000	19 000
Unpaid Taxes	144 000	147 000	44 000	125 000
Dividends	0	0	0	0
Other Current Debt	215 000	134 000	110 000	97 000
Total Current Debt	383 000	286 000	166 000	242 000
Total Equity and Debt	852 000	1 208 000	879 000	999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−96,8 %	22,75 %	−6,17 %	2,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−68,37 %	17,94 %	−5,83 %	1,63 %
Current Ratio	1,68	3,29	3,3	2,5
Quick Ratio	1,68	3,29	3,3	2,5
Equity Ratio	0,55	0,76	0,81	0,76
Gross Profit Margin	82,08 %	87,73 %	82,65 %	73,49 %