TORMANN AS

6809 FØRDE

Finances

Return on Equity

8,36 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	270 000	264 000	222 000	254 000
Net Income	1 526 000	1 017 000	1 032 000	596 000
Total Assets	23 919 000	23 413 000	22 596 000	23 334 000
Total Equity	18 247 000	23 325 000	22 308 000	21 527 000

Income (NOK)	2022	2021	2020	2019
Revenue	270 000	264 000	222 000	254 000
Expenditure	337 000	282 000	240 000	253 000
Operating Profit	−67 000	−18 000	−18 000	1 000
Financial Income	1 609 000	1 047 000	1 100 000	678 000
Financial Costs	0	0	29 000	52 000
Financial Balance	1 609 000	1 047 000	1 071 000	626 000
Earnings Before Tax	1 542 000	1 030 000	1 053 000	627 000
Tax	16 000	13 000	21 000	31 000
Net Income	1 526 000	1 017 000	1 032 000	596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 257 000	14 127 000	13 997 000	13 619 000
Total Current Assets	9 663 000	9 286 000	8 600 000	9 715 000
Total Assets	23 919 000	23 413 000	22 596 000	23 334 000
Total Retained Equity	12 602 000	13 076 000	12 059 000	11 278 000
Total Equity	18 247 000	23 325 000	22 308 000	21 527 000
Total Long-Term Debt	7 000	7 000	7 000	1 231 000
Total Current Debt	5 666 000	81 000	281 000	577 000
Total Equity and Debt	23 919 000	23 413 000	22 596 000	23 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	270 000	264 000	222 000	254 000
Other Income	0	0	0	0
Revenue	270 000	264 000	222 000	254 000
Cost of Goods Sold	0	0	0	0
Salary Costs	124 000	110 000	83 000	90 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	337 000	282 000	240 000	253 000
Operating Profit	−67 000	−18 000	−18 000	1 000
Financial Income	1 609 000	1 047 000	1 100 000	678 000
Financial Costs	0	0	29 000	52 000
Financial Balance	1 609 000	1 047 000	1 071 000	626 000
Dividends	2 000 000	0	250 000	500 000
Net Income	1 526 000	1 017 000	1 032 000	596 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 394 000	4 394 000	4 394 000	4 394 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 394 000	4 394 000	4 394 000	4 394 000
Total Fiancial Fixed Assets	9 863 000	9 733 000	9 603 000	9 226 000
Total Fixed Assets	14 257 000	14 127 000	13 997 000	13 619 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 157 000	7 537 000	6 311 000	6 466 000
Total Current Assets	9 663 000	9 286 000	8 600 000	9 715 000
Total Assets	23 919 000	23 413 000	22 596 000	23 334 000
Total Equity	18 247 000	23 325 000	22 308 000	21 527 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	7 000	7 000	1 231 000
Creditors	5 000	25 000	1 000	5 000
Unpaid Taxes	25 000	24 000	0	25 000
Dividends	2 000 000	0	250 000	500 000
Other Current Debt	5 620 000	19 000	265 000	516 000
Total Current Debt	5 666 000	81 000	281 000	577 000
Total Equity and Debt	23 919 000	23 413 000	22 596 000	23 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,36 %	4,36 %	4,63 %	2,77 %
Debt-to-Equity Ratio	0	0	0	0,06
Operating Profit Margin	−24,81 %	−6,82 %	−8,11 %	0,39 %
Current Ratio	1,71	114,64	30,6	16,84
Quick Ratio	1,71	114,64	30,6	16,84
Equity Ratio	0,76	1	0,99	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %