TORKELLSEN AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

8,42 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 169 000	6 333 000	6 551 000	7 589 000
Net Income	24 000	−278 000	−276 000	49 000
Total Assets	1 618 000	1 384 000	1 516 000	2 320 000
Total Equity	285 000	262 000	−243 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 169 000	6 333 000	6 551 000	7 589 000
Expenditure	5 091 000	6 554 000	6 726 000	7 391 000
Operating Profit	78 000	−222 000	−175 000	197 000
Financial Income	12 000	12 000	12 000	13 000
Financial Costs	66 000	68 000	113 000	161 000
Financial Balance	−54 000	−56 000	−101 000	−148 000
Earnings Before Tax	24 000	−278 000	−276 000	49 000
Tax	0	0	0	0
Net Income	24 000	−278 000	−276 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	23 000	37 000
Total Current Assets	1 608 000	1 374 000	1 493 000	2 282 000
Total Assets	1 618 000	1 384 000	1 516 000	2 320 000
Total Retained Equity	−2 065 000	−2 088 000	−1 811 000	−1 535 000
Total Equity	285 000	262 000	−243 000	33 000
Total Long-Term Debt	250 000	426 000	175 000	355 000
Total Current Debt	1 083 000	696 000	1 584 000	1 931 000
Total Equity and Debt	1 618 000	1 384 000	1 516 000	2 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 167 000	6 299 000	6 542 000	7 462 000
Other Income	3 000	34 000	8 000	127 000
Revenue	5 169 000	6 333 000	6 551 000	7 589 000
Cost of Goods Sold	3 511 000	4 500 000	4 783 000	5 256 000
Salary Costs	696 000	1 139 000	958 000	1 121 000
Depreciation	0	2 000	7 000	13 000
Impairment	0	0	0	0
Expenditure	5 091 000	6 554 000	6 726 000	7 391 000
Operating Profit	78 000	−222 000	−175 000	197 000
Financial Income	12 000	12 000	12 000	13 000
Financial Costs	66 000	68 000	113 000	161 000
Financial Balance	−54 000	−56 000	−101 000	−148 000
Dividends	0	0	0	0
Net Income	24 000	−278 000	−276 000	49 000

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	13 000	20 000
Total Tangible Assets	0	0	13 000	20 000
Total Fiancial Fixed Assets	10 000	10 000	11 000	17 000
Total Fixed Assets	10 000	10 000	23 000	37 000
Stock	728 000	924 000	1 044 000	1 045 000
Total Investments	0	0	0	0
Cash, Bank	55 000	52 000	53 000	55 000
Total Current Assets	1 608 000	1 374 000	1 493 000	2 282 000
Total Assets	1 618 000	1 384 000	1 516 000	2 320 000
Total Equity	285 000	262 000	−243 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	250 000	426 000	175 000	355 000
Creditors	326 000	134 000	117 000	596 000
Unpaid Taxes	80 000	75 000	75 000	76 000
Dividends	0	0	0	0
Other Current Debt	84 000	120 000	374 000	242 000
Total Current Debt	1 083 000	696 000	1 584 000	1 931 000
Total Equity and Debt	1 618 000	1 384 000	1 516 000	2 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,42 %	−106,11 %	113,58 %	148,48 %
Debt-to-Equity Ratio	0,88	1,63	−0,72	10,76
Operating Profit Margin	1,51 %	−3,51 %	−2,67 %	2,6 %
Current Ratio	1,48	1,97	0,94	1,18
Quick Ratio	4,53	−6,03	2,76	2,58
Equity Ratio	0,18	0,19	−0,16	0,01
Gross Profit Margin	32,08 %	28,94 %	26,99 %	30,74 %