TORMOD KRISTENSEN MASKIN AS

9513 ALTA

Finances

Share Ownership

Return on Equity

171,22 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 935 000	50 347 000	38 533 000	38 990 000
Net Income	−8 890 000	477 000	1 360 000	256 000
Total Assets	14 163 000	13 012 000	12 297 000	11 223 000
Total Equity	−5 192 000	3 698 000	3 221 000	1 861 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 935 000	50 347 000	38 533 000	38 990 000
Expenditure	50 253 000	49 465 000	36 194 000	37 946 000
Operating Profit	−8 319 000	882 000	2 339 000	1 045 000
Financial Income	55 000	2 000	19 000	25 000
Financial Costs	623 000	272 000	609 000	738 000
Financial Balance	−568 000	−270 000	−590 000	−713 000
Earnings Before Tax	−8 887 000	612 000	1 749 000	332 000
Tax	3 000	135 000	390 000	77 000
Net Income	−8 890 000	477 000	1 360 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 428 000	3 452 000	3 647 000	2 913 000
Total Current Assets	11 735 000	9 560 000	8 650 000	8 311 000
Total Assets	14 163 000	13 012 000	12 297 000	11 223 000
Total Retained Equity	−5 292 000	3 598 000	3 121 000	1 761 000
Total Equity	−5 192 000	3 698 000	3 221 000	1 861 000
Total Long-Term Debt	228 000	389 000	753 000	619 000
Total Current Debt	19 128 000	8 925 000	8 323 000	8 743 000
Total Equity and Debt	14 163 000	13 012 000	12 297 000	11 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 025 000	48 128 000	35 641 000	37 771 000
Other Income	1 910 000	2 219 000	2 892 000	1 219 000
Revenue	41 935 000	50 347 000	38 533 000	38 990 000
Cost of Goods Sold	10 404 000	11 746 000	6 842 000	8 184 000
Salary Costs	13 886 000	14 491 000	11 707 000	11 189 000
Depreciation	629 000	712 000	787 000	654 000
Impairment	0	0	0	0
Expenditure	50 253 000	49 465 000	36 194 000	37 946 000
Operating Profit	−8 319 000	882 000	2 339 000	1 045 000
Financial Income	55 000	2 000	19 000	25 000
Financial Costs	623 000	272 000	609 000	738 000
Financial Balance	−568 000	−270 000	−590 000	−713 000
Dividends	0	0	0	0
Net Income	−8 890 000	477 000	1 360 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	138 000	528 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	978 000	1 306 000	1 410 000	904 000
Fixtures	374 000	587 000	951 000	851 000
Total Tangible Assets	1 352 000	1 892 000	2 361 000	1 755 000
Total Fiancial Fixed Assets	1 076 000	1 557 000	1 148 000	630 000
Total Fixed Assets	2 428 000	3 452 000	3 647 000	2 913 000
Stock	428 000	702 000	0	0
Total Investments	0	0	0	0
Cash, Bank	488 000	3 105 000	762 000	142 000
Total Current Assets	11 735 000	9 560 000	8 650 000	8 311 000
Total Assets	14 163 000	13 012 000	12 297 000	11 223 000
Total Equity	−5 192 000	3 698 000	3 221 000	1 861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	228 000	389 000	753 000	619 000
Creditors	8 211 000	4 608 000	4 645 000	3 261 000
Unpaid Taxes	2 473 000	583 000	1 443 000	1 187 000
Dividends	0	0	0	0
Other Current Debt	6 873 000	3 734 000	2 235 000	2 037 000
Total Current Debt	19 128 000	8 925 000	8 323 000	8 743 000
Total Equity and Debt	14 163 000	13 012 000	12 297 000	11 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	171,22 %	12,9 %	42,22 %	13,76 %
Debt-to-Equity Ratio	−0,04	0,11	0,23	0,33
Operating Profit Margin	−19,84 %	1,75 %	6,07 %	2,68 %
Current Ratio	0,61	1,07	1,04	0,95
Quick Ratio	0,63	1,16	1,04	0,95
Equity Ratio	−0,37	0,28	0,26	0,17
Gross Profit Margin	75,19 %	76,67 %	82,24 %	79,01 %