TORDFEST AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−94,01 %

Current Ratio

2,51

Debt-to-Equity Ratio

49,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 000	703 000	7 698 000	9 269 000
Net Income	−251 000	172 000	111 000	−251 000
Total Assets	13 590 000	540 000	1 854 000	3 033 000
Total Equity	267 000	518 000	347 000	235 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 000	703 000	7 698 000	9 269 000
Expenditure	303 000	494 000	7 573 000	9 600 000
Operating Profit	−187 000	210 000	126 000	−331 000
Financial Income	1 000	11 000	17 000	11 000
Financial Costs	135 000	0	0	0
Financial Balance	−134 000	11 000	17 000	11 000
Earnings Before Tax	−322 000	220 000	143 000	−320 000
Tax	−71 000	48 000	31 000	−69 000
Net Income	−251 000	172 000	111 000	−251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 487 000	150 000	198 000	227 000
Total Current Assets	103 000	391 000	1 656 000	2 807 000
Total Assets	13 590 000	540 000	1 854 000	3 033 000
Total Retained Equity	32 000	283 000	111 000	0
Total Equity	267 000	518 000	347 000	235 000
Total Long-Term Debt	13 282 000	0	0	0
Total Current Debt	41 000	22 000	1 507 000	2 798 000
Total Equity and Debt	13 590 000	540 000	1 854 000	3 033 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	703 000	7 698 000	9 269 000
Other Income	116 000	0	0	0
Revenue	116 000	703 000	7 698 000	9 269 000
Cost of Goods Sold	0	623 000	6 566 000	7 951 000
Salary Costs	0	0	423 000	700 000
Depreciation	60 000	0	0	0
Impairment	0	0	0	0
Expenditure	303 000	494 000	7 573 000	9 600 000
Operating Profit	−187 000	210 000	126 000	−331 000
Financial Income	1 000	11 000	17 000	11 000
Financial Costs	135 000	0	0	0
Financial Balance	−134 000	11 000	17 000	11 000
Dividends	0	0	0	0
Net Income	−251 000	172 000	111 000	−251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	220 000	150 000	198 000	227 000
Real Eastate	13 267 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 267 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 487 000	150 000	198 000	227 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	55 000	398 000	1 078 000
Total Current Assets	103 000	391 000	1 656 000	2 807 000
Total Assets	13 590 000	540 000	1 854 000	3 033 000
Total Equity	267 000	518 000	347 000	235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 282 000	0	0	0
Creditors	19 000	4 000	951 000	1 720 000
Unpaid Taxes	0	0	64 000	204 000
Dividends	0	0	0	0
Other Current Debt	22 000	18 000	489 000	874 000
Total Current Debt	41 000	22 000	1 507 000	2 798 000
Total Equity and Debt	13 590 000	540 000	1 854 000	3 033 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−94,01 %	33,2 %	31,99 %	−106,81 %
Debt-to-Equity Ratio	49,75	0	0	0
Operating Profit Margin	−161,21 %	29,87 %	1,64 %	−3,57 %
Current Ratio	2,51	17,77	1,1	1
Quick Ratio	2,51	17,77	1,1	1
Equity Ratio	0,02	0,96	0,19	0,08
Gross Profit Margin	100 %	11,38 %	14,71 %	14,22 %