TORSO VULKAN AS

0178 OSLO

Finances

Share Ownership

Return on Equity

7,83 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 587 000	3 736 000	4 293 000	4 105 000
Net Income	55 000	−24 000	106 000	95 000
Total Assets	1 780 000	1 426 000	1 426 000	1 430 000
Total Equity	702 000	647 000	671 000	565 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 587 000	3 736 000	4 293 000	4 105 000
Expenditure	4 536 000	3 758 000	4 187 000	4 011 000
Operating Profit	51 000	−24 000	106 000	94 000
Financial Income	5 000	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	5 000	0	1 000	0
Earnings Before Tax	55 000	−24 000	106 000	95 000
Tax	0	0	0	0
Net Income	55 000	−24 000	106 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	10 000	18 000
Total Current Assets	1 780 000	1 425 000	1 416 000	1 412 000
Total Assets	1 780 000	1 426 000	1 426 000	1 430 000
Total Retained Equity	602 000	547 000	571 000	465 000
Total Equity	702 000	647 000	671 000	565 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 078 000	778 000	755 000	866 000
Total Equity and Debt	1 780 000	1 426 000	1 426 000	1 430 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 587 000	3 736 000	4 289 000	4 105 000
Other Income	0	0	4 000	0
Revenue	4 587 000	3 736 000	4 293 000	4 105 000
Cost of Goods Sold	2 441 000	1 948 000	2 228 000	2 196 000
Salary Costs	1 335 000	1 249 000	1 374 000	1 236 000
Depreciation	1 000	8 000	8 000	7 000
Impairment	0	0	0	0
Expenditure	4 536 000	3 758 000	4 187 000	4 011 000
Operating Profit	51 000	−24 000	106 000	94 000
Financial Income	5 000	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	5 000	0	1 000	0
Dividends	0	0	0	0
Net Income	55 000	−24 000	106 000	95 000

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	1 000	10 000	18 000
Total Tangible Assets	0	1 000	10 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 000	10 000	18 000
Stock	1 432 000	1 014 000	824 000	931 000
Total Investments	0	0	0	0
Cash, Bank	151 000	224 000	383 000	398 000
Total Current Assets	1 780 000	1 425 000	1 416 000	1 412 000
Total Assets	1 780 000	1 426 000	1 426 000	1 430 000
Total Equity	702 000	647 000	671 000	565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	778 000	525 000	371 000	553 000
Unpaid Taxes	123 000	83 000	185 000	172 000
Dividends	0	0	0	0
Other Current Debt	177 000	170 000	199 000	141 000
Total Current Debt	1 078 000	778 000	755 000	866 000
Total Equity and Debt	1 780 000	1 426 000	1 426 000	1 430 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,83 %	−3,71 %	15,8 %	16,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,11 %	−0,64 %	2,47 %	2,29 %
Current Ratio	1,65	1,83	1,88	1,63
Quick Ratio	−5,03	−6,04	−20,52	−21,72
Equity Ratio	0,39	0,45	0,47	0,4
Gross Profit Margin	46,78 %	47,86 %	48,1 %	46,5 %