TORP MEK. VERKSTED AS

1658 TORP

Finances

Share Ownership

Return on Equity

43,49 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 867 000	34 518 000	34 910 000	35 085 000
Net Income	1 994 000	1 053 000	1 779 000	−79 000
Total Assets	14 531 000	12 328 000	12 564 000	10 855 000
Total Equity	4 585 000	4 091 000	4 038 000	3 259 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 867 000	34 518 000	34 910 000	35 085 000
Expenditure	39 246 000	33 091 000	32 539 000	35 101 000
Operating Profit	2 621 000	1 427 000	2 372 000	−16 000
Financial Income	7 000	0	6 000	6 000
Financial Costs	70 000	76 000	98 000	89 000
Financial Balance	−63 000	−76 000	−92 000	−83 000
Earnings Before Tax	2 558 000	1 351 000	2 280 000	−100 000
Tax	564 000	297 000	502 000	−21 000
Net Income	1 994 000	1 053 000	1 779 000	−79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 053 000	808 000	558 000	837 000
Total Current Assets	13 478 000	11 520 000	12 006 000	10 019 000
Total Assets	14 531 000	12 328 000	12 564 000	10 855 000
Total Retained Equity	4 385 000	3 891 000	3 838 000	3 059 000
Total Equity	4 585 000	4 091 000	4 038 000	3 259 000
Total Long-Term Debt	0	0	0	109 000
Total Current Debt	9 946 000	8 237 000	8 526 000	7 487 000
Total Equity and Debt	14 531 000	12 328 000	12 564 000	10 855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 867 000	34 515 000	34 907 000	35 082 000
Other Income	0	3 000	3 000	3 000
Revenue	41 867 000	34 518 000	34 910 000	35 085 000
Cost of Goods Sold	8 617 000	6 405 000	5 556 000	5 003 000
Salary Costs	24 808 000	21 856 000	22 427 000	24 992 000
Depreciation	261 000	241 000	292 000	284 000
Impairment	0	0	0	0
Expenditure	39 246 000	33 091 000	32 539 000	35 101 000
Operating Profit	2 621 000	1 427 000	2 372 000	−16 000
Financial Income	7 000	0	6 000	6 000
Financial Costs	70 000	76 000	98 000	89 000
Financial Balance	−63 000	−76 000	−92 000	−83 000
Dividends	0	1 000 000	1 000 000	0
Net Income	1 994 000	1 053 000	1 779 000	−79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	55 000	58 000	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 014 000	698 000	385 000	622 000
Total Tangible Assets	1 014 000	698 000	385 000	622 000
Total Fiancial Fixed Assets	0	55 000	115 000	175 000
Total Fixed Assets	1 053 000	808 000	558 000	837 000
Stock	174 000	170 000	258 000	612 000
Total Investments	0	0	0	0
Cash, Bank	2 431 000	3 072 000	5 728 000	2 391 000
Total Current Assets	13 478 000	11 520 000	12 006 000	10 019 000
Total Assets	14 531 000	12 328 000	12 564 000	10 855 000
Total Equity	4 585 000	4 091 000	4 038 000	3 259 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	109 000
Creditors	671 000	684 000	801 000	756 000
Unpaid Taxes	3 819 000	3 081 000	2 841 000	3 750 000
Dividends	0	1 000 000	1 000 000	0
Other Current Debt	4 909 000	3 178 000	3 364 000	2 981 000
Total Current Debt	9 946 000	8 237 000	8 526 000	7 487 000
Total Equity and Debt	14 531 000	12 328 000	12 564 000	10 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,49 %	25,74 %	44,06 %	−2,42 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	6,26 %	4,13 %	6,79 %	−0,05 %
Current Ratio	1,36	1,4	1,41	1,34
Quick Ratio	1,38	1,43	1,45	1,46
Equity Ratio	0,32	0,33	0,32	0,3
Gross Profit Margin	79,42 %	81,44 %	84,08 %	85,74 %