TORVUND REVISJON AS

5068 BERGEN

Finances

Return on Equity

57,67 %

Current Ratio

2,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 699 000	2 986 000	2 711 000	2 747 000
Net Income	1 015 000	1 215 000	1 112 000	1 043 000
Total Assets	3 031 000	3 175 000	2 840 000	2 671 000
Total Equity	1 760 000	1 345 000	2 130 000	1 018 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 699 000	2 986 000	2 711 000	2 747 000
Expenditure	2 183 000	1 537 000	1 420 000	1 558 000
Operating Profit	1 516 000	1 448 000	1 291 000	1 189 000
Financial Income	35 000	88 000	117 000	118 000
Financial Costs	200 000	1 000	9 000	0
Financial Balance	−165 000	87 000	108 000	118 000
Earnings Before Tax	1 351 000	1 536 000	1 398 000	1 307 000
Tax	335 000	320 000	287 000	263 000
Net Income	1 015 000	1 215 000	1 112 000	1 043 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	106 000	165 000	374 000
Total Current Assets	2 966 000	3 069 000	2 676 000	2 297 000
Total Assets	3 031 000	3 175 000	2 840 000	2 671 000
Total Retained Equity	1 729 000	1 314 000	2 099 000	987 000
Total Equity	1 760 000	1 345 000	2 130 000	1 018 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	1 271 000	1 830 000	711 000	1 651 000
Total Equity and Debt	3 031 000	3 175 000	2 840 000	2 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 640 000	2 986 000	2 711 000	2 747 000
Other Income	59 000	0	0	0
Revenue	3 699 000	2 986 000	2 711 000	2 747 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 625 000	1 053 000	970 000	1 124 000
Depreciation	21 000	69 000	69 000	69 000
Impairment	0	0	0	0
Expenditure	2 183 000	1 537 000	1 420 000	1 558 000
Operating Profit	1 516 000	1 448 000	1 291 000	1 189 000
Financial Income	35 000	88 000	117 000	118 000
Financial Costs	200 000	1 000	9 000	0
Financial Balance	−165 000	87 000	108 000	118 000
Dividends	600 000	2 000 000	0	1 000 000
Net Income	1 015 000	1 215 000	1 112 000	1 043 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	21 000	48 000	75 000
Total Intangible Assets	4 000	34 000	51 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	11 000	53 000	95 000
Total Tangible Assets	0	11 000	53 000	95 000
Total Fiancial Fixed Assets	61 000	61 000	61 000	203 000
Total Fixed Assets	65 000	106 000	165 000	374 000
Stock	0	0	0	0
Total Investments	412 000	1 077 000	526 000	445 000
Cash, Bank	1 630 000	1 496 000	1 759 000	1 463 000
Total Current Assets	2 966 000	3 069 000	2 676 000	2 297 000
Total Assets	3 031 000	3 175 000	2 840 000	2 671 000
Total Equity	1 760 000	1 345 000	2 130 000	1 018 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	445 000	61 000	9 000	18 000
Unpaid Taxes	270 000	212 000	140 000	238 000
Dividends	600 000	2 000 000	0	1 000 000
Other Current Debt	230 000	1 226 000	270 000	460 000
Total Current Debt	1 271 000	1 830 000	711 000	1 651 000
Total Equity and Debt	3 031 000	3 175 000	2 840 000	2 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,67 %	90,33 %	52,21 %	102,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,98 %	48,49 %	47,62 %	43,28 %
Current Ratio	2,33	1,68	3,76	1,39
Quick Ratio	2,33	1,68	3,76	1,39
Equity Ratio	0,58	0,42	0,75	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %