TORBJØRN SEIELSTAD HOLDING AS

2609 LILLEHAMMER

Finances

Return on Equity

16,45 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 512 750 000	2 112 487 000	1 692 709 000	1 648 724 000
Net Income	107 400 000	101 897 000	59 327 000	48 396 000
Total Assets	1 375 717 000	1 289 684 000	998 870 000	962 716 000
Total Equity	652 831 000	562 631 000	471 852 000	469 766 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 512 750 000	2 112 487 000	1 692 709 000	1 648 724 000
Expenditure	2 366 814 000	1 979 312 000	1 610 857 000	1 605 654 000
Operating Profit	145 936 000	133 175 000	81 852 000	70 287 000
Financial Income	6 742 000	7 835 000	4 242 000	2 861 000
Financial Costs	12 993 000	8 267 000	9 775 000	9 858 000
Financial Balance	−6 251 000	−432 000	−5 533 000	−6 997 000
Earnings Before Tax	139 686 000	132 743 000	76 319 000	63 290 000
Tax	32 285 000	30 846 000	16 992 000	14 894 000
Net Income	107 400 000	101 897 000	59 327 000	48 396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	625 696 000	550 749 000	527 839 000	501 535 000
Total Current Assets	750 021 000	738 935 000	471 031 000	461 182 000
Total Assets	1 375 717 000	1 289 684 000	998 870 000	962 716 000
Total Retained Equity	312 258 000	263 303 000	207 365 000	183 697 000
Total Equity	652 831 000	562 631 000	471 852 000	469 766 000
Total Long-Term Debt	293 453 000	256 693 000	225 749 000	277 998 000
Total Current Debt	429 434 000	470 359 000	301 269 000	214 953 000
Total Equity and Debt	1 375 717 000	1 289 684 000	998 870 000	962 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 431 081 000	2 045 305 000	1 643 350 000	1 631 134 000
Other Income	81 669 000	67 182 000	49 360 000	17 590 000
Revenue	2 512 750 000	2 112 487 000	1 692 709 000	1 648 724 000
Cost of Goods Sold	1 908 980 000	1 545 471 000	1 218 819 000	1 231 730 000
Salary Costs	268 808 000	255 753 000	221 811 000	213 914 000
Depreciation	47 343 000	44 989 000	42 100 000	35 558 000
Impairment	0	0	0	0
Expenditure	2 366 814 000	1 979 312 000	1 610 857 000	1 605 654 000
Operating Profit	145 936 000	133 175 000	81 852 000	70 287 000
Financial Income	6 742 000	7 835 000	4 242 000	2 861 000
Financial Costs	12 993 000	8 267 000	9 775 000	9 858 000
Financial Balance	−6 251 000	−432 000	−5 533 000	−6 997 000
Dividends	0	0	0	0
Net Income	107 400 000	101 897 000	59 327 000	48 396 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	8 760 000	14 588 000	20 416 000	26 244 000
Total Intangible Assets	8 760 000	14 588 000	20 416 000	26 244 000
Real Eastate	505 407 000	436 846 000	414 700 000	382 699 000
Machinery and Plant Facilities	59 288 000	55 321 000	47 963 000	55 628 000
Fixtures	18 117 000	17 993 000	19 305 000	23 198 000
Total Tangible Assets	582 813 000	510 160 000	481 968 000	461 525 000
Total Fiancial Fixed Assets	34 123 000	26 000 000	25 455 000	13 766 000
Total Fixed Assets	625 696 000	550 749 000	527 839 000	501 535 000
Stock	299 598 000	302 137 000	206 962 000	187 453 000
Total Investments	4 497 000	7 206 000	4 469 000	2 928 000
Cash, Bank	61 009 000	85 845 000	56 735 000	71 775 000
Total Current Assets	750 021 000	738 935 000	471 031 000	461 182 000
Total Assets	1 375 717 000	1 289 684 000	998 870 000	962 716 000
Total Equity	652 831 000	562 631 000	471 852 000	469 766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	293 453 000	256 693 000	225 749 000	277 998 000
Creditors	191 052 000	211 562 000	153 795 000	52 816 000
Unpaid Taxes	27 929 000	26 046 000	24 595 000	24 937 000
Dividends	0	0	0	0
Other Current Debt	144 356 000	117 909 000	94 805 000	51 835 000
Total Current Debt	429 434 000	470 359 000	301 269 000	214 953 000
Total Equity and Debt	1 375 717 000	1 289 684 000	998 870 000	962 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,45 %	18,11 %	12,57 %	10,3 %
Debt-to-Equity Ratio	0,45	0,46	0,48	0,59
Operating Profit Margin	5,81 %	6,3 %	4,84 %	4,26 %
Current Ratio	1,75	1,57	1,56	2,15
Quick Ratio	5,78	4,39	4,99	16,77
Equity Ratio	0,47	0,44	0,47	0,49
Gross Profit Margin	24,03 %	26,84 %	28 %	25,29 %