TORNADO RENHOLD AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

13,76 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 792 000	2 751 000	2 761 000	2 803 000
Net Income	115 000	166 000	60 000	231 000
Total Assets	1 457 000	1 455 000	1 140 000	1 191 000
Total Equity	836 000	721 000	555 000	495 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 792 000	2 751 000	2 761 000	2 803 000
Expenditure	2 636 000	2 524 000	2 677 000	2 499 000
Operating Profit	156 000	226 000	84 000	304 000
Financial Income	0	0	0	0
Financial Costs	8 000	13 000	7 000	8 000
Financial Balance	−8 000	−13 000	−7 000	−8 000
Earnings Before Tax	147 000	213 000	77 000	296 000
Tax	32 000	47 000	17 000	65 000
Net Income	115 000	166 000	60 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	437 000	564 000	469 000	608 000
Total Current Assets	1 020 000	890 000	671 000	583 000
Total Assets	1 457 000	1 455 000	1 140 000	1 191 000
Total Retained Equity	734 000	620 000	453 000	393 000
Total Equity	836 000	721 000	555 000	495 000
Total Long-Term Debt	127 000	164 000	147 000	342 000
Total Current Debt	494 000	569 000	437 000	354 000
Total Equity and Debt	1 457 000	1 455 000	1 140 000	1 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 780 000	2 751 000	2 761 000	2 800 000
Other Income	12 000	0	0	4 000
Revenue	2 792 000	2 751 000	2 761 000	2 803 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 075 000	1 942 000	2 013 000	1 890 000
Depreciation	109 000	107 000	139 000	65 000
Impairment	0	0	0	0
Expenditure	2 636 000	2 524 000	2 677 000	2 499 000
Operating Profit	156 000	226 000	84 000	304 000
Financial Income	0	0	0	0
Financial Costs	8 000	13 000	7 000	8 000
Financial Balance	−8 000	−13 000	−7 000	−8 000
Dividends	0	0	0	0
Net Income	115 000	166 000	60 000	231 000

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	437 000	564 000	469 000	608 000
Total Tangible Assets	437 000	564 000	469 000	608 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	437 000	564 000	469 000	608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	413 000	462 000	360 000	170 000
Total Current Assets	1 020 000	890 000	671 000	583 000
Total Assets	1 457 000	1 455 000	1 140 000	1 191 000
Total Equity	836 000	721 000	555 000	495 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 000	164 000	147 000	342 000
Creditors	26 000	111 000	15 000	3 000
Unpaid Taxes	238 000	230 000	231 000	144 000
Dividends	0	0	0	0
Other Current Debt	194 000	186 000	169 000	147 000
Total Current Debt	494 000	569 000	437 000	354 000
Total Equity and Debt	1 457 000	1 455 000	1 140 000	1 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,76 %	23,02 %	10,81 %	46,67 %
Debt-to-Equity Ratio	0,15	0,23	0,26	0,69
Operating Profit Margin	5,59 %	8,22 %	3,04 %	10,85 %
Current Ratio	2,06	1,56	1,54	1,65
Quick Ratio	2,06	1,56	1,54	1,65
Equity Ratio	0,57	0,5	0,49	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %