TORHUS SHIPPING AS

6412 MOLDE

Finances

Return on Equity

3,29 %

Current Ratio

0,78

Debt-to-Equity Ratio

−7,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 593 000	10 752 000	9 563 000	13 707 000
Net Income	−16 000	51 000	335 000	213 000
Total Assets	17 540 000	18 843 000	15 044 000	19 767 000
Total Equity	−487 000	−471 000	−522 000	−857 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 593 000	10 752 000	9 563 000	13 707 000
Expenditure	8 597 000	10 431 000	8 884 000	13 176 000
Operating Profit	996 000	321 000	679 000	531 000
Financial Income	0	0	0	3 000
Financial Costs	868 000	264 000	212 000	262 000
Financial Balance	−868 000	−264 000	−212 000	−259 000
Earnings Before Tax	127 000	57 000	468 000	272 000
Tax	143 000	6 000	133 000	60 000
Net Income	−16 000	51 000	335 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 239 000	7 152 000	5 426 000	5 948 000
Total Current Assets	11 301 000	11 690 000	9 619 000	13 818 000
Total Assets	17 540 000	18 843 000	15 044 000	19 767 000
Total Retained Equity	−588 000	−572 000	−623 000	−958 000
Total Equity	−487 000	−471 000	−522 000	−857 000
Total Long-Term Debt	3 489 000	3 756 000	2 330 000	2 657 000
Total Current Debt	14 538 000	15 558 000	13 236 000	17 967 000
Total Equity and Debt	17 540 000	18 843 000	15 044 000	19 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 047 000	10 136 000	8 878 000	12 987 000
Other Income	546 000	615 000	685 000	720 000
Revenue	9 593 000	10 752 000	9 563 000	13 707 000
Cost of Goods Sold	2 225 000	4 713 000	2 065 000	5 902 000
Salary Costs	3 611 000	3 207 000	4 074 000	4 639 000
Depreciation	445 000	535 000	486 000	478 000
Impairment	0	0	0	0
Expenditure	8 597 000	10 431 000	8 884 000	13 176 000
Operating Profit	996 000	321 000	679 000	531 000
Financial Income	0	0	0	3 000
Financial Costs	868 000	264 000	212 000	262 000
Financial Balance	−868 000	−264 000	−212 000	−259 000
Dividends	0	0	0	0
Net Income	−16 000	51 000	335 000	213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	212 000	156 000	152 000	164 000
Real Eastate	4 722 000	5 083 000	3 187 000	3 444 000
Machinery and Plant Facilities	2 000	12 000	67 000	148 000
Fixtures	53 000	127 000	245 000	392 000
Total Tangible Assets	4 777 000	5 222 000	3 498 000	3 984 000
Total Fiancial Fixed Assets	1 250 000	1 775 000	1 775 000	1 800 000
Total Fixed Assets	6 239 000	7 152 000	5 426 000	5 948 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	968 000	4 687 000	4 198 000	3 305 000
Total Current Assets	11 301 000	11 690 000	9 619 000	13 818 000
Total Assets	17 540 000	18 843 000	15 044 000	19 767 000
Total Equity	−487 000	−471 000	−522 000	−857 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 489 000	3 756 000	2 330 000	2 657 000
Creditors	13 380 000	14 614 000	12 521 000	16 935 000
Unpaid Taxes	387 000	562 000	203 000	373 000
Dividends	0	0	0	0
Other Current Debt	571 000	373 000	391 000	659 000
Total Current Debt	14 538 000	15 558 000	13 236 000	17 967 000
Total Equity and Debt	17 540 000	18 843 000	15 044 000	19 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,29 %	−10,83 %	−64,18 %	−24,85 %
Debt-to-Equity Ratio	−7,16	−7,97	−4,46	−3,1
Operating Profit Margin	10,38 %	2,99 %	7,1 %	3,87 %
Current Ratio	0,78	0,75	0,73	0,77
Quick Ratio	0,78	0,75	0,73	0,77
Equity Ratio	−0,03	−0,02	−0,03	−0,04
Gross Profit Margin	76,81 %	56,17 %	78,41 %	56,94 %