TOR OVE SOLBERG AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

28,51 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 883 000	4 894 000	4 045 000	4 078 000
Net Income	628 000	700 000	592 000	428 000
Total Assets	3 495 000	3 387 000	2 743 000	2 270 000
Total Equity	2 203 000	2 475 000	2 075 000	1 633 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 883 000	4 894 000	4 045 000	4 078 000
Expenditure	4 089 000	3 998 000	3 289 000	3 526 000
Operating Profit	793 000	896 000	755 000	551 000
Financial Income	12 000	5 000	5 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	12 000	5 000	5 000	3 000
Earnings Before Tax	805 000	900 000	760 000	554 000
Tax	177 000	200 000	167 000	125 000
Net Income	628 000	700 000	592 000	428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 549 000	1 021 000	357 000	389 000
Total Current Assets	1 946 000	2 366 000	2 386 000	1 880 000
Total Assets	3 495 000	3 387 000	2 743 000	2 270 000
Total Retained Equity	2 103 000	2 375 000	1 975 000	1 533 000
Total Equity	2 203 000	2 475 000	2 075 000	1 633 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 292 000	912 000	668 000	637 000
Total Equity and Debt	3 495 000	3 387 000	2 743 000	2 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 233 000	3 261 000	2 705 000	2 935 000
Other Income	1 650 000	1 633 000	1 340 000	1 143 000
Revenue	4 883 000	4 894 000	4 045 000	4 078 000
Cost of Goods Sold	548 000	665 000	521 000	572 000
Salary Costs	2 480 000	2 295 000	2 001 000	2 066 000
Depreciation	239 000	195 000	143 000	134 000
Impairment	0	0	0	0
Expenditure	4 089 000	3 998 000	3 289 000	3 526 000
Operating Profit	793 000	896 000	755 000	551 000
Financial Income	12 000	5 000	5 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	12 000	5 000	5 000	3 000
Dividends	500 000	300 000	150 000	150 000
Net Income	628 000	700 000	592 000	428 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	32 000	28 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 016 000	539 000	329 000	365 000
Total Tangible Assets	1 016 000	539 000	329 000	365 000
Total Fiancial Fixed Assets	510 000	450 000	0	0
Total Fixed Assets	1 549 000	1 021 000	357 000	389 000
Stock	59 000	35 000	50 000	48 000
Total Investments	0	0	0	0
Cash, Bank	1 820 000	2 056 000	2 236 000	1 603 000
Total Current Assets	1 946 000	2 366 000	2 386 000	1 880 000
Total Assets	3 495 000	3 387 000	2 743 000	2 270 000
Total Equity	2 203 000	2 475 000	2 075 000	1 633 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	48 000	15 000	2 000	32 000
Unpaid Taxes	148 000	143 000	154 000	147 000
Dividends	500 000	300 000	150 000	150 000
Other Current Debt	429 000	249 000	190 000	182 000
Total Current Debt	1 292 000	912 000	668 000	637 000
Total Equity and Debt	3 495 000	3 387 000	2 743 000	2 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,51 %	28,28 %	28,53 %	26,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,24 %	18,31 %	18,67 %	13,51 %
Current Ratio	1,51	2,59	3,57	2,95
Quick Ratio	1,58	2,7	3,86	3,19
Equity Ratio	0,63	0,73	0,76	0,72
Gross Profit Margin	88,78 %	86,41 %	87,12 %	85,97 %