TORPTECH AS

3209 SANDEFJORD

Finances

Share Ownership

Return on Equity

−27,32 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 109 000	2 043 000	1 148 000	2 157 000
Net Income	50 000	−258 000	−62 000	233 000
Total Assets	14 000	134 000	109 000	234 000
Total Equity	−183 000	−233 000	24 000	86 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 109 000	2 043 000	1 148 000	2 157 000
Expenditure	1 039 000	2 293 000	1 147 000	1 854 000
Operating Profit	70 000	−251 000	1 000	303 000
Financial Income	1 000	25 000	6 000	17 000
Financial Costs	20 000	32 000	48 000	13 000
Financial Balance	−19 000	−7 000	−42 000	4 000
Earnings Before Tax	50 000	−258 000	−41 000	307 000
Tax	0	0	21 000	74 000
Net Income	50 000	−258 000	−62 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	3 000	19 000
Total Current Assets	14 000	134 000	107 000	215 000
Total Assets	14 000	134 000	109 000	234 000
Total Retained Equity	−283 000	−333 000	−76 000	−14 000
Total Equity	−183 000	−233 000	24 000	86 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	197 000	367 000	85 000	148 000
Total Equity and Debt	14 000	134 000	109 000	234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 109 000	2 043 000	1 148 000	2 157 000
Other Income	0	0	0	0
Revenue	1 109 000	2 043 000	1 148 000	2 157 000
Cost of Goods Sold	896 000	2 025 000	55 000	364 000
Salary Costs	61 000	−29 000	337 000	569 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 039 000	2 293 000	1 147 000	1 854 000
Operating Profit	70 000	−251 000	1 000	303 000
Financial Income	1 000	25 000	6 000	17 000
Financial Costs	20 000	32 000	48 000	13 000
Financial Balance	−19 000	−7 000	−42 000	4 000
Dividends	0	0	0	0
Net Income	50 000	−258 000	−62 000	233 000

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	0	0	3 000	19 000
Total Fixed Assets	0	0	3 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	1 000	5 000	96 000
Total Current Assets	14 000	134 000	107 000	215 000
Total Assets	14 000	134 000	109 000	234 000
Total Equity	−183 000	−233 000	24 000	86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	146 000	7 000	15 000
Unpaid Taxes	0	146 000	27 000	27 000
Dividends	0	0	0	0
Other Current Debt	196 000	75 000	30 000	31 000
Total Current Debt	197 000	367 000	85 000	148 000
Total Equity and Debt	14 000	134 000	109 000	234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,32 %	110,73 %	−258,33 %	270,93 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	6,31 %	−12,29 %	0,09 %	14,05 %
Current Ratio	0,07	0,37	1,26	1,45
Quick Ratio	0,07	0,37	1,26	1,45
Equity Ratio	−13,07	−1,74	0,22	0,37
Gross Profit Margin	19,21 %	0,88 %	95,21 %	83,12 %