TORES VVS AS

7224 MELHUS

Finances

Return on Equity

98,45 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 603 000	2 608 000	2 690 000	2 108 000
Net Income	127 000	144 000	3 000	−31 000
Total Assets	616 000	565 000	360 000	394 000
Total Equity	129 000	117 000	93 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 603 000	2 608 000	2 690 000	2 108 000
Expenditure	2 440 000	2 421 000	2 683 000	2 143 000
Operating Profit	163 000	187 000	6 000	−36 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	3 000	4 000
Financial Balance	−1 000	−3 000	−3 000	−4 000
Earnings Before Tax	163 000	184 000	4 000	−39 000
Tax	36 000	41 000	1 000	−9 000
Net Income	127 000	144 000	3 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	141 000	183 000	91 000
Total Current Assets	492 000	424 000	177 000	303 000
Total Assets	616 000	565 000	360 000	394 000
Total Retained Equity	29 000	17 000	−7 000	−9 000
Total Equity	129 000	117 000	93 000	91 000
Total Long-Term Debt	7 000	0	0	0
Total Current Debt	480 000	448 000	266 000	303 000
Total Equity and Debt	616 000	565 000	360 000	394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 554 000	2 568 000	2 690 000	2 108 000
Other Income	49 000	40 000	0	0
Revenue	2 603 000	2 608 000	2 690 000	2 108 000
Cost of Goods Sold	717 000	797 000	1 087 000	581 000
Salary Costs	1 253 000	1 231 000	1 226 000	1 191 000
Depreciation	9 000	31 000	10 000	8 000
Impairment	0	0	0	0
Expenditure	2 440 000	2 421 000	2 683 000	2 143 000
Operating Profit	163 000	187 000	6 000	−36 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	3 000	4 000
Financial Balance	−1 000	−3 000	−3 000	−4 000
Dividends	115 000	120 000	0	0
Net Income	127 000	144 000	3 000	−31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	111 000	143 000	38 000
Total Tangible Assets	36 000	111 000	143 000	38 000
Total Fiancial Fixed Assets	87 000	30 000	30 000	39 000
Total Fixed Assets	124 000	141 000	183 000	91 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	198 000	98 000	90 000	127 000
Total Current Assets	492 000	424 000	177 000	303 000
Total Assets	616 000	565 000	360 000	394 000
Total Equity	129 000	117 000	93 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	0	0	0
Creditors	27 000	1 000	−1 000	0
Unpaid Taxes	149 000	139 000	109 000	155 000
Dividends	115 000	120 000	0	0
Other Current Debt	160 000	157 000	158 000	149 000
Total Current Debt	480 000	448 000	266 000	303 000
Total Equity and Debt	616 000	565 000	360 000	394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,45 %	123,08 %	3,23 %	−34,07 %
Debt-to-Equity Ratio	0,05	0	0	0
Operating Profit Margin	6,26 %	7,17 %	0,22 %	−1,71 %
Current Ratio	1,03	0,95	0,67	1
Quick Ratio	1,03	0,95	0,67	1
Equity Ratio	0,21	0,21	0,26	0,23
Gross Profit Margin	72,45 %	69,44 %	59,59 %	72,44 %