TØRN INVEST AS

2150 ÅRNES

Finances

Return on Equity

7,84 %

Current Ratio

0,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 000	88 000	64 000	109 000
Net Income	21 000	73 000	17 000	43 000
Total Assets	667 000	654 000	511 000	528 000
Total Equity	268 000	250 000	227 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 000	88 000	64 000	109 000
Expenditure	76 000	56 000	61 000	75 000
Operating Profit	1 000	33 000	3 000	35 000
Financial Income	20 000	55 000	14 000	15 000
Financial Costs	0	0	0	0
Financial Balance	20 000	55 000	14 000	15 000
Earnings Before Tax	21 000	88 000	17 000	49 000
Tax	0	15 000	1 000	6 000
Net Income	21 000	73 000	17 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	531 000	423 000	182 000	182 000
Total Current Assets	137 000	231 000	329 000	346 000
Total Assets	667 000	654 000	511 000	528 000
Total Retained Equity	158 000	140 000	117 000	100 000
Total Equity	268 000	250 000	227 000	210 000
Total Long-Term Debt	1 000	1 000	0	0
Total Current Debt	399 000	402 000	285 000	318 000
Total Equity and Debt	667 000	654 000	511 000	528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 000	88 000	64 000	109 000
Other Income	0	0	0	0
Revenue	77 000	88 000	64 000	109 000
Cost of Goods Sold	54 000	39 000	56 000	64 000
Salary Costs	0	0	0	0
Depreciation	15 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	76 000	56 000	61 000	75 000
Operating Profit	1 000	33 000	3 000	35 000
Financial Income	20 000	55 000	14 000	15 000
Financial Costs	0	0	0	0
Financial Balance	20 000	55 000	14 000	15 000
Dividends	0	0	0	0
Net Income	21 000	73 000	17 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	52 000	67 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	52 000	67 000	0	0
Total Fiancial Fixed Assets	479 000	356 000	182 000	182 000
Total Fixed Assets	531 000	423 000	182 000	182 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	164 000	329 000	346 000
Total Current Assets	137 000	231 000	329 000	346 000
Total Assets	667 000	654 000	511 000	528 000
Total Equity	268 000	250 000	227 000	210 000
Short-Term Group Debt	4 000	63 000	0	0
Total Long-Term Debt	1 000	1 000	0	0
Creditors	0	3 000	0	0
Unpaid Taxes	0	6 000	0	12 000
Dividends	0	0	0	0
Other Current Debt	395 000	330 000	284 000	300 000
Total Current Debt	399 000	402 000	285 000	318 000
Total Equity and Debt	667 000	654 000	511 000	528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,84 %	29,2 %	7,49 %	20,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,3 %	37,5 %	4,69 %	32,11 %
Current Ratio	0,34	0,57	1,15	1,09
Quick Ratio	0,34	0,57	1,15	1,09
Equity Ratio	0,4	0,38	0,44	0,4
Gross Profit Margin	29,87 %	55,68 %	12,5 %	41,28 %