TORP ØKONOMI AS

3241 SANDEFJORD

Finances

Return on Equity

37,35 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 259 000	16 468 000	15 698 000	15 593 000
Net Income	1 246 000	1 344 000	1 200 000	1 219 000
Total Assets	7 653 000	8 172 000	7 491 000	6 371 000
Total Equity	3 336 000	3 596 000	3 052 000	2 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 259 000	16 468 000	15 698 000	15 593 000
Expenditure	16 641 000	14 723 000	14 099 000	14 008 000
Operating Profit	1 618 000	1 745 000	1 598 000	1 585 000
Financial Income	0	0	0	0
Financial Costs	13 000	21 000	48 000	18 000
Financial Balance	−13 000	−21 000	−48 000	−18 000
Earnings Before Tax	1 606 000	1 724 000	1 550 000	1 567 000
Tax	360 000	380 000	350 000	347 000
Net Income	1 246 000	1 344 000	1 200 000	1 219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 610 000	3 642 000	3 698 000	3 074 000
Total Current Assets	4 043 000	4 531 000	3 792 000	3 297 000
Total Assets	7 653 000	8 172 000	7 491 000	6 371 000
Total Retained Equity	3 241 000	3 496 000	2 952 000	2 552 000
Total Equity	3 336 000	3 596 000	3 052 000	2 652 000
Total Long-Term Debt	0	618 000	898 000	1 000 000
Total Current Debt	4 317 000	3 958 000	3 541 000	2 719 000
Total Equity and Debt	7 653 000	8 172 000	7 491 000	6 371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 259 000	16 468 000	15 698 000	15 593 000
Other Income	0	0	0	0
Revenue	18 259 000	16 468 000	15 698 000	15 593 000
Cost of Goods Sold	1 142 000	841 000	758 000	722 000
Salary Costs	12 377 000	11 095 000	10 738 000	10 495 000
Depreciation	205 000	245 000	280 000	281 000
Impairment	0	47 000	0	0
Expenditure	16 641 000	14 723 000	14 099 000	14 008 000
Operating Profit	1 618 000	1 745 000	1 598 000	1 585 000
Financial Income	0	0	0	0
Financial Costs	13 000	21 000	48 000	18 000
Financial Balance	−13 000	−21 000	−48 000	−18 000
Dividends	1 045 000	800 000	800 000	0
Net Income	1 246 000	1 344 000	1 200 000	1 219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	163 000	146 000	28 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	209 000	257 000	432 000	607 000
Fixtures	0	0	0	0
Total Tangible Assets	209 000	257 000	432 000	607 000
Total Fiancial Fixed Assets	3 238 000	3 238 000	3 238 000	2 446 000
Total Fixed Assets	3 610 000	3 642 000	3 698 000	3 074 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 399 000	2 245 000	1 582 000	717 000
Total Current Assets	4 043 000	4 531 000	3 792 000	3 297 000
Total Assets	7 653 000	8 172 000	7 491 000	6 371 000
Total Equity	3 336 000	3 596 000	3 052 000	2 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	618 000	898 000	1 000 000
Creditors	82 000	255 000	195 000	177 000
Unpaid Taxes	1 333 000	1 148 000	1 104 000	1 136 000
Dividends	1 045 000	800 000	800 000	0
Other Current Debt	1 480 000	1 352 000	1 086 000	1 046 000
Total Current Debt	4 317 000	3 958 000	3 541 000	2 719 000
Total Equity and Debt	7 653 000	8 172 000	7 491 000	6 371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,35 %	37,37 %	39,32 %	45,97 %
Debt-to-Equity Ratio	0	0,17	0,29	0,38
Operating Profit Margin	8,86 %	10,6 %	10,18 %	10,16 %
Current Ratio	0,94	1,14	1,07	1,21
Quick Ratio	0,94	1,14	1,07	1,21
Equity Ratio	0,44	0,44	0,41	0,42
Gross Profit Margin	93,75 %	94,89 %	95,17 %	95,37 %