TØMMERMESTER ARNFINN SORKEN AS

7374 RØROS

Finances

Return on Equity

−227,21 %

Current Ratio

1,93

Debt-to-Equity Ratio

4,93

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 107 000	12 826 000	13 893 000	12 412 000
Net Income	−1 570 000	−848 000	183 000	410 000
Total Assets	7 016 000	6 252 000	9 800 000	10 302 000
Total Equity	691 000	2 260 000	3 108 000	3 525 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 107 000	12 826 000	13 893 000	12 412 000
Expenditure	5 614 000	8 397 000	8 804 000	8 357 000
Operating Profit	−1 443 000	−970 000	490 000	765 000
Financial Income	1 000	9 000	7 000	14 000
Financial Costs	128 000	120 000	201 000	160 000
Financial Balance	−127 000	−111 000	−194 000	−146 000
Earnings Before Tax	−1 570 000	−1 081 000	296 000	619 000
Tax	0	−233 000	112 000	209 000
Net Income	−1 570 000	−848 000	183 000	410 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 390 000	1 522 000	1 235 000	1 489 000
Total Current Assets	5 626 000	4 730 000	8 565 000	8 813 000
Total Assets	7 016 000	6 252 000	9 800 000	10 302 000
Total Retained Equity	204 000	1 773 000	2 621 000	3 038 000
Total Equity	691 000	2 260 000	3 108 000	3 525 000
Total Long-Term Debt	3 410 000	960 000	3 642 000	3 568 000
Total Current Debt	2 915 000	3 032 000	3 051 000	3 209 000
Total Equity and Debt	7 016 000	6 252 000	9 800 000	10 302 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 079 000	12 706 000	13 853 000	12 372 000
Other Income	28 000	120 000	40 000	40 000
Revenue	3 107 000	12 826 000	13 893 000	12 412 000
Cost of Goods Sold	1 311 000	3 178 000	3 372 000	2 903 000
Salary Costs	3 073 000	3 779 000	3 896 000	3 830 000
Depreciation	160 000	175 000	201 000	203 000
Impairment	0	0	0	0
Expenditure	5 614 000	8 397 000	8 804 000	8 357 000
Operating Profit	−1 443 000	−970 000	490 000	765 000
Financial Income	1 000	9 000	7 000	14 000
Financial Costs	128 000	120 000	201 000	160 000
Financial Balance	−127 000	−111 000	−194 000	−146 000
Dividends	0	0	600 000	1 000 000
Net Income	−1 570 000	−848 000	183 000	410 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	209 000	209 000	30 000	88 000
Real Eastate	902 000	968 000	1 037 000	1 105 000
Machinery and Plant Facilities	5 000	40 000	75 000	110 000
Fixtures	263 000	295 000	84 000	166 000
Total Tangible Assets	1 171 000	1 304 000	1 196 000	1 381 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	20 000
Total Fixed Assets	1 390 000	1 522 000	1 235 000	1 489 000
Stock	4 351 000	0	4 255 000	5 616 000
Total Investments	0	0	0	0
Cash, Bank	403 000	2 730 000	2 746 000	1 014 000
Total Current Assets	5 626 000	4 730 000	8 565 000	8 813 000
Total Assets	7 016 000	6 252 000	9 800 000	10 302 000
Total Equity	691 000	2 260 000	3 108 000	3 525 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 410 000	960 000	3 642 000	3 568 000
Creditors	444 000	894 000	738 000	549 000
Unpaid Taxes	514 000	529 000	253 000	680 000
Dividends	0	0	600 000	1 000 000
Other Current Debt	1 260 000	1 609 000	1 406 000	980 000
Total Current Debt	2 915 000	3 032 000	3 051 000	3 209 000
Total Equity and Debt	7 016 000	6 252 000	9 800 000	10 302 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−227,21 %	−37,52 %	5,89 %	11,63 %
Debt-to-Equity Ratio	4,93	0,42	1,17	1,01
Operating Profit Margin	−46,44 %	−7,56 %	3,53 %	6,16 %
Current Ratio	1,93	1,56	2,81	2,75
Quick Ratio	−3,92	1,56	−7,11	−3,66
Equity Ratio	0,1	0,36	0,32	0,34
Gross Profit Margin	57,8 %	75,22 %	75,73 %	76,61 %