TORPE MØBELFABRIKK AS

5610 ØYSTESE

Finances

Return on Equity

0,59 %

Current Ratio

1,43

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 659 000	26 848 000	25 154 000	17 972 000
Net Income	34 000	1 423 000	1 171 000	−117 000
Total Assets	21 466 000	10 406 000	8 263 000	7 679 000
Total Equity	5 716 000	5 681 000	4 458 000	3 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 659 000	26 848 000	25 154 000	17 972 000
Expenditure	26 029 000	25 009 000	23 451 000	17 993 000
Operating Profit	630 000	1 839 000	1 705 000	−20 000
Financial Income	62 000	69 000	65 000	23 000
Financial Costs	626 000	70 000	251 000	146 000
Financial Balance	−564 000	−1 000	−186 000	−123 000
Earnings Before Tax	66 000	1 838 000	1 518 000	−144 000
Tax	32 000	415 000	346 000	−27 000
Net Income	34 000	1 423 000	1 171 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 234 000	298 000	267 000	207 000
Total Current Assets	12 232 000	10 108 000	7 996 000	7 471 000
Total Assets	21 466 000	10 406 000	8 263 000	7 679 000
Total Retained Equity	4 716 000	4 681 000	3 458 000	2 337 000
Total Equity	5 716 000	5 681 000	4 458 000	3 337 000
Total Long-Term Debt	7 194 000	0	0	0
Total Current Debt	8 557 000	4 725 000	3 805 000	4 342 000
Total Equity and Debt	21 466 000	10 406 000	8 263 000	7 679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 509 000	26 848 000	25 154 000	17 902 000
Other Income	1 150 000	0	0	71 000
Revenue	26 659 000	26 848 000	25 154 000	17 972 000
Cost of Goods Sold	12 796 000	13 884 000	13 667 000	9 511 000
Salary Costs	7 012 000	5 183 000	4 400 000	3 876 000
Depreciation	105 000	52 000	85 000	89 000
Impairment	0	0	0	0
Expenditure	26 029 000	25 009 000	23 451 000	17 993 000
Operating Profit	630 000	1 839 000	1 705 000	−20 000
Financial Income	62 000	69 000	65 000	23 000
Financial Costs	626 000	70 000	251 000	146 000
Financial Balance	−564 000	−1 000	−186 000	−123 000
Dividends	0	200 000	0	0
Net Income	34 000	1 423 000	1 171 000	−117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 490 000	90 000	94 000	114 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	497 000	208 000	173 000	78 000
Total Tangible Assets	497 000	208 000	173 000	78 000
Total Fiancial Fixed Assets	7 248 000	0	0	16 000
Total Fixed Assets	9 234 000	298 000	267 000	207 000
Stock	9 447 000	7 249 000	6 031 000	6 471 000
Total Investments	0	0	0	0
Cash, Bank	509 000	1 071 000	745 000	244 000
Total Current Assets	12 232 000	10 108 000	7 996 000	7 471 000
Total Assets	21 466 000	10 406 000	8 263 000	7 679 000
Total Equity	5 716 000	5 681 000	4 458 000	3 337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 194 000	0	0	0
Creditors	1 816 000	1 746 000	1 060 000	1 738 000
Unpaid Taxes	1 589 000	1 470 000	1 460 000	1 039 000
Dividends	0	200 000	0	0
Other Current Debt	1 746 000	899 000	957 000	736 000
Total Current Debt	8 557 000	4 725 000	3 805 000	4 342 000
Total Equity and Debt	21 466 000	10 406 000	8 263 000	7 679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,59 %	25,05 %	26,27 %	−3,51 %
Debt-to-Equity Ratio	1,26	0	0	0
Operating Profit Margin	2,36 %	6,85 %	6,78 %	−0,11 %
Current Ratio	1,43	2,14	2,1	1,72
Quick Ratio	−13,74	−4	−3,59	−3,51
Equity Ratio	0,27	0,55	0,54	0,43
Gross Profit Margin	52 %	48,29 %	45,67 %	47,08 %