TORP UPGRADES AS

0251 OSLO

Finances

Share Ownership

Return on Equity

16,3 %

Current Ratio

4,29

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 563 000	5 943 000	3 743 000	4 463 000
Net Income	837 000	2 012 000	−648 000	−1 309 000
Total Assets	10 521 000	9 309 000	7 777 000	9 274 000
Total Equity	5 136 000	4 949 000	4 167 000	4 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 563 000	5 943 000	3 743 000	4 463 000
Expenditure	4 387 000	3 642 000	4 378 000	5 824 000
Operating Profit	1 177 000	2 302 000	−636 000	−1 362 000
Financial Income	0	0	0	10 000
Financial Costs	−1 000	18 000	12 000	16 000
Financial Balance	1 000	−18 000	−12 000	−6 000
Earnings Before Tax	1 177 000	2 284 000	−648 000	−1 369 000
Tax	340 000	272 000	0	−60 000
Net Income	837 000	2 012 000	−648 000	−1 309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 192 000	2 692 000	2 460 000	2 809 000
Total Current Assets	6 329 000	6 617 000	5 318 000	6 465 000
Total Assets	10 521 000	9 309 000	7 777 000	9 274 000
Total Retained Equity	5 036 000	4 849 000	4 067 000	4 715 000
Total Equity	5 136 000	4 949 000	4 167 000	4 815 000
Total Long-Term Debt	3 911 000	2 581 000	178 000	251 000
Total Current Debt	1 474 000	1 779 000	3 432 000	4 208 000
Total Equity and Debt	10 521 000	9 309 000	7 777 000	9 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 563 000	5 943 000	3 042 000	4 511 000
Other Income	0	0	701 000	−49 000
Revenue	5 563 000	5 943 000	3 743 000	4 463 000
Cost of Goods Sold	1 392 000	596 000	842 000	1 122 000
Salary Costs	260 000	134 000	237 000	647 000
Depreciation	539 000	603 000	500 000	603 000
Impairment	0	0	0	0
Expenditure	4 387 000	3 642 000	4 378 000	5 824 000
Operating Profit	1 177 000	2 302 000	−636 000	−1 362 000
Financial Income	0	0	0	10 000
Financial Costs	−1 000	18 000	12 000	16 000
Financial Balance	1 000	−18 000	−12 000	−6 000
Dividends	650 000	0	0	0
Net Income	837 000	2 012 000	−648 000	−1 309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 595 000	1 847 000	1 789 000	2 019 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 480 000	728 000	594 000	790 000
Total Tangible Assets	4 075 000	2 575 000	2 383 000	2 809 000
Total Fiancial Fixed Assets	117 000	117 000	76 000	0
Total Fixed Assets	4 192 000	2 692 000	2 460 000	2 809 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 296 000	1 508 000	937 000	859 000
Total Current Assets	6 329 000	6 617 000	5 318 000	6 465 000
Total Assets	10 521 000	9 309 000	7 777 000	9 274 000
Total Equity	5 136 000	4 949 000	4 167 000	4 815 000
Short-Term Group Debt	0	1 578 000	3 188 000	2 898 000
Total Long-Term Debt	3 911 000	2 581 000	178 000	251 000
Creditors	761 000	217 000	94 000	1 195 000
Unpaid Taxes	372 000	−107 000	31 000	58 000
Dividends	650 000	0	0	0
Other Current Debt	30 000	91 000	119 000	57 000
Total Current Debt	1 474 000	1 779 000	3 432 000	4 208 000
Total Equity and Debt	10 521 000	9 309 000	7 777 000	9 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,3 %	40,65 %	−15,55 %	−27,19 %
Debt-to-Equity Ratio	0,76	0,52	0,04	0,05
Operating Profit Margin	21,16 %	38,73 %	−16,99 %	−30,52 %
Current Ratio	4,29	3,72	1,55	1,54
Quick Ratio	4,29	3,72	1,55	1,54
Equity Ratio	0,49	0,53	0,54	0,52
Gross Profit Margin	74,98 %	89,97 %	77,5 %	74,86 %