TORSTVEDT HOLDING AS

3484 HOLMSBU

Finances

Return on Equity

10,72 %

Current Ratio

3,47

Debt-to-Equity Ratio

1,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 838 000	92 026 000	84 192 000	68 271 000
Net Income	2 789 000	5 082 000	4 306 000	1 649 000
Total Assets	78 133 000	74 127 000	71 211 000	61 639 000
Total Equity	26 021 000	26 132 000	22 249 000	19 349 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 838 000	92 026 000	84 192 000	68 271 000
Expenditure	88 420 000	84 555 000	77 740 000	65 248 000
Operating Profit	5 418 000	7 471 000	6 452 000	3 023 000
Financial Income	244 000	212 000	440 000	576 000
Financial Costs	1 789 000	1 179 000	1 340 000	1 469 000
Financial Balance	−1 545 000	−967 000	−900 000	−893 000
Earnings Before Tax	3 873 000	6 504 000	5 552 000	2 130 000
Tax	1 084 000	1 422 000	1 246 000	481 000
Net Income	2 789 000	5 082 000	4 306 000	1 649 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 789 000	41 763 000	41 428 000	37 689 000
Total Current Assets	28 344 000	32 364 000	29 783 000	23 950 000
Total Assets	78 133 000	74 127 000	71 211 000	61 639 000
Total Retained Equity	23 976 000	22 287 000	17 204 000	12 904 000
Total Equity	26 021 000	26 132 000	22 249 000	19 349 000
Total Long-Term Debt	43 956 000	37 988 000	39 549 000	34 843 000
Total Current Debt	8 158 000	10 007 000	9 413 000	7 447 000
Total Equity and Debt	78 135 000	74 127 000	71 211 000	61 639 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 372 000	91 671 000	83 841 000	67 834 000
Other Income	466 000	355 000	351 000	437 000
Revenue	93 838 000	92 026 000	84 192 000	68 271 000
Cost of Goods Sold	62 152 000	59 146 000	55 925 000	43 174 000
Salary Costs	15 829 000	14 887 000	13 632 000	13 149 000
Depreciation	4 158 000	3 666 000	3 083 000	2 676 000
Impairment	0	0	0	0
Expenditure	88 420 000	84 555 000	77 740 000	65 248 000
Operating Profit	5 418 000	7 471 000	6 452 000	3 023 000
Financial Income	244 000	212 000	440 000	576 000
Financial Costs	1 789 000	1 179 000	1 340 000	1 469 000
Financial Balance	−1 545 000	−967 000	−900 000	−893 000
Dividends	0	0	1 400 000	0
Net Income	2 789 000	5 082 000	4 306 000	1 649 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	211 000	322 000	68 000	397 000
Real Eastate	43 385 000	35 832 000	35 389 000	32 237 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 028 000	5 445 000	5 859 000	4 948 000
Total Tangible Assets	49 413 000	41 277 000	41 248 000	37 185 000
Total Fiancial Fixed Assets	165 000	164 000	112 000	107 000
Total Fixed Assets	49 789 000	41 763 000	41 428 000	37 689 000
Stock	14 274 000	12 567 000	11 558 000	10 442 000
Total Investments	217 000	225 000	348 000	477 000
Cash, Bank	3 199 000	9 615 000	9 460 000	2 929 000
Total Current Assets	28 344 000	32 364 000	29 783 000	23 950 000
Total Assets	78 133 000	74 127 000	71 211 000	61 639 000
Total Equity	26 021 000	26 132 000	22 249 000	19 349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 956 000	37 988 000	39 549 000	34 843 000
Creditors	3 085 000	3 628 000	3 860 000	3 115 000
Unpaid Taxes	1 991 000	2 189 000	1 463 000	1 600 000
Dividends	0	0	1 400 000	0
Other Current Debt	2 108 000	2 513 000	2 274 000	2 133 000
Total Current Debt	8 158 000	10 007 000	9 413 000	7 447 000
Total Equity and Debt	78 135 000	74 127 000	71 211 000	61 639 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,72 %	19,45 %	19,35 %	8,52 %
Debt-to-Equity Ratio	1,69	1,45	1,78	1,8
Operating Profit Margin	5,77 %	8,12 %	7,66 %	4,43 %
Current Ratio	3,47	3,23	3,16	3,22
Quick Ratio	−4,63	−12,64	−13,88	−8
Equity Ratio	0,33	0,35	0,31	0,31
Gross Profit Margin	33,77 %	35,73 %	33,57 %	36,76 %