TORSET HOLDING AS

5251 SØREIDGREND

Finances

Return on Equity

46,31 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	880 000	960 000	960 000	960 000
Net Income	822 000	130 000	97 000	816 000
Total Assets	2 191 000	1 660 000	1 372 000	1 400 000
Total Equity	1 775 000	952 000	953 000	986 000

Income (NOK)	2022	2021	2020	2019
Revenue	880 000	960 000	960 000	960 000
Expenditure	792 000	780 000	827 000	679 000
Operating Profit	87 000	181 000	133 000	281 000
Financial Income	630 000	5 000	0	824 000
Financial Costs	−120 000	21 000	9 000	232 000
Financial Balance	750 000	−16 000	−9 000	592 000
Earnings Before Tax	837 000	165 000	125 000	873 000
Tax	15 000	36 000	27 000	58 000
Net Income	822 000	130 000	97 000	816 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 817 000	1 021 000	1 015 000	54 000
Total Current Assets	373 000	639 000	357 000	1 346 000
Total Assets	2 191 000	1 660 000	1 372 000	1 400 000
Total Retained Equity	1 675 000	852 000	853 000	886 000
Total Equity	1 775 000	952 000	953 000	986 000
Total Long-Term Debt	175 000	275 000	103 000	206 000
Total Current Debt	241 000	433 000	317 000	208 000
Total Equity and Debt	2 191 000	1 660 000	1 372 000	1 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	880 000	960 000	960 000	960 000
Other Income	0	0	0	0
Revenue	880 000	960 000	960 000	960 000
Cost of Goods Sold	0	0	0	0
Salary Costs	753 000	742 000	763 000	628 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	792 000	780 000	827 000	679 000
Operating Profit	87 000	181 000	133 000	281 000
Financial Income	630 000	5 000	0	824 000
Financial Costs	−120 000	21 000	9 000	232 000
Financial Balance	750 000	−16 000	−9 000	592 000
Dividends	0	130 000	130 000	130 000
Net Income	822 000	130 000	97 000	816 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 817 000	1 021 000	1 015 000	54 000
Total Fixed Assets	1 817 000	1 021 000	1 015 000	54 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	151 000	136 000	264 000
Total Current Assets	373 000	639 000	357 000	1 346 000
Total Assets	2 191 000	1 660 000	1 372 000	1 400 000
Total Equity	1 775 000	952 000	953 000	986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	175 000	275 000	103 000	206 000
Creditors	35 000	13 000	24 000	1 000
Unpaid Taxes	93 000	142 000	124 000	76 000
Dividends	0	130 000	130 000	130 000
Other Current Debt	98 000	112 000	142 000	74 000
Total Current Debt	241 000	433 000	317 000	208 000
Total Equity and Debt	2 191 000	1 660 000	1 372 000	1 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,31 %	13,66 %	10,18 %	82,76 %
Debt-to-Equity Ratio	0,1	0,29	0,11	0,21
Operating Profit Margin	9,89 %	18,85 %	13,85 %	29,27 %
Current Ratio	1,55	1,48	1,13	6,47
Quick Ratio	1,55	1,48	1,13	6,47
Equity Ratio	0,81	0,57	0,69	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %