TORP DRIFT AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−165,38 %

Current Ratio

1,02

Debt-to-Equity Ratio

2,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 783 000	14 193 000	14 998 000	12 133 000
Net Income	−344 000	392 000	493 000	202 000
Total Assets	3 728 000	2 992 000	4 300 000	2 978 000
Total Equity	208 000	551 000	459 000	867 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 783 000	14 193 000	14 998 000	12 133 000
Expenditure	8 098 000	13 693 000	14 344 000	11 850 000
Operating Profit	−315 000	501 000	653 000	283 000
Financial Income	10 000	23 000	29 000	12 000
Financial Costs	41 000	21 000	40 000	33 000
Financial Balance	−31 000	2 000	−11 000	−21 000
Earnings Before Tax	−346 000	503 000	643 000	262 000
Tax	−2 000	111 000	150 000	60 000
Net Income	−344 000	392 000	493 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	746 000	215 000	305 000	403 000
Total Current Assets	2 982 000	2 777 000	3 995 000	2 575 000
Total Assets	3 728 000	2 992 000	4 300 000	2 978 000
Total Retained Equity	108 000	451 000	359 000	767 000
Total Equity	208 000	551 000	459 000	867 000
Total Long-Term Debt	589 000	162 000	539 000	754 000
Total Current Debt	2 932 000	2 279 000	3 301 000	1 357 000
Total Equity and Debt	3 728 000	2 992 000	4 300 000	2 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 526 000	13 805 000	14 569 000	11 655 000
Other Income	1 257 000	389 000	429 000	478 000
Revenue	7 783 000	14 193 000	14 998 000	12 133 000
Cost of Goods Sold	3 512 000	7 894 000	8 455 000	6 310 000
Salary Costs	2 970 000	3 580 000	3 751 000	3 507 000
Depreciation	111 000	130 000	143 000	151 000
Impairment	0	0	0	0
Expenditure	8 098 000	13 693 000	14 344 000	11 850 000
Operating Profit	−315 000	501 000	653 000	283 000
Financial Income	10 000	23 000	29 000	12 000
Financial Costs	41 000	21 000	40 000	33 000
Financial Balance	−31 000	2 000	−11 000	−21 000
Dividends	0	300 000	900 000	0
Net Income	−344 000	392 000	493 000	202 000

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	55 000	54 000	79 000	126 000
Fixtures	691 000	161 000	227 000	277 000
Total Tangible Assets	746 000	215 000	305 000	403 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	746 000	215 000	305 000	403 000
Stock	1 040 000	421 000	669 000	662 000
Total Investments	0	124 000	150 000	0
Cash, Bank	947 000	2 078 000	2 979 000	783 000
Total Current Assets	2 982 000	2 777 000	3 995 000	2 575 000
Total Assets	3 728 000	2 992 000	4 300 000	2 978 000
Total Equity	208 000	551 000	459 000	867 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	589 000	162 000	539 000	754 000
Creditors	1 844 000	815 000	1 318 000	460 000
Unpaid Taxes	395 000	362 000	289 000	271 000
Dividends	0	300 000	900 000	0
Other Current Debt	694 000	664 000	644 000	592 000
Total Current Debt	2 932 000	2 279 000	3 301 000	1 357 000
Total Equity and Debt	3 728 000	2 992 000	4 300 000	2 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−165,38 %	71,14 %	107,41 %	23,3 %
Debt-to-Equity Ratio	2,83	0,29	1,17	0,87
Operating Profit Margin	−4,05 %	3,53 %	4,35 %	2,33 %
Current Ratio	1,02	1,22	1,21	1,9
Quick Ratio	1,58	1,49	1,52	3,71
Equity Ratio	0,06	0,18	0,11	0,29
Gross Profit Margin	54,88 %	44,38 %	43,63 %	47,99 %