HENNING TORSTENSEN AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

24,4 %

Current Ratio

2,31

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 991 000	5 684 000	5 159 000	5 022 000
Net Income	297 000	359 000	96 000	374 000
Total Assets	2 926 000	2 673 000	1 978 000	2 036 000
Total Equity	1 217 000	920 000	561 000	464 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 991 000	5 684 000	5 159 000	5 022 000
Expenditure	5 575 000	5 191 000	4 998 000	4 536 000
Operating Profit	416 000	494 000	160 000	487 000
Financial Income	1 000	0	0	0
Financial Costs	35 000	33 000	37 000	50 000
Financial Balance	−34 000	−33 000	−37 000	−50 000
Earnings Before Tax	382 000	461 000	123 000	437 000
Tax	85 000	101 000	27 000	63 000
Net Income	297 000	359 000	96 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	278 000	314 000	226 000	386 000
Total Current Assets	2 648 000	2 359 000	1 751 000	1 650 000
Total Assets	2 926 000	2 673 000	1 978 000	2 036 000
Total Retained Equity	1 117 000	820 000	461 000	364 000
Total Equity	1 217 000	920 000	561 000	464 000
Total Long-Term Debt	565 000	646 000	727 000	933 000
Total Current Debt	1 144 000	1 107 000	690 000	639 000
Total Equity and Debt	2 926 000	2 673 000	1 978 000	2 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 991 000	5 684 000	5 159 000	5 022 000
Other Income	0	0	0	0
Revenue	5 991 000	5 684 000	5 159 000	5 022 000
Cost of Goods Sold	2 940 000	3 127 000	2 706 000	2 471 000
Salary Costs	1 937 000	1 445 000	1 581 000	1 443 000
Depreciation	38 000	38 000	49 000	79 000
Impairment	0	0	0	0
Expenditure	5 575 000	5 191 000	4 998 000	4 536 000
Operating Profit	416 000	494 000	160 000	487 000
Financial Income	1 000	0	0	0
Financial Costs	35 000	33 000	37 000	50 000
Financial Balance	−34 000	−33 000	−37 000	−50 000
Dividends	0	0	0	0
Net Income	297 000	359 000	96 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	54 000	57 000	34 000
Real Eastate	129 000	149 000	154 000	185 000
Machinery and Plant Facilities	94 000	111 000	0	0
Fixtures	0	0	16 000	167 000
Total Tangible Assets	222 000	260 000	170 000	352 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	278 000	314 000	226 000	386 000
Stock	1 342 000	1 348 000	1 037 000	1 054 000
Total Investments	0	0	0	0
Cash, Bank	791 000	701 000	518 000	412 000
Total Current Assets	2 648 000	2 359 000	1 751 000	1 650 000
Total Assets	2 926 000	2 673 000	1 978 000	2 036 000
Total Equity	1 217 000	920 000	561 000	464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	565 000	646 000	727 000	933 000
Creditors	526 000	683 000	144 000	117 000
Unpaid Taxes	205 000	181 000	161 000	140 000
Dividends	0	0	0	0
Other Current Debt	326 000	144 000	336 000	285 000
Total Current Debt	1 144 000	1 107 000	690 000	639 000
Total Equity and Debt	2 926 000	2 673 000	1 978 000	2 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,4 %	39,02 %	17,11 %	80,6 %
Debt-to-Equity Ratio	0,46	0,7	1,3	2,01
Operating Profit Margin	6,94 %	8,69 %	3,1 %	9,7 %
Current Ratio	2,31	2,13	2,54	2,58
Quick Ratio	−13,37	−9,79	−5,05	−3,98
Equity Ratio	0,42	0,34	0,28	0,23
Gross Profit Margin	50,93 %	44,99 %	47,55 %	50,8 %