TORVIK REPARASJON AS

6141 ROVDE

Finances

Return on Equity

21,38 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 344 000	2 507 000	3 464 000	3 390 000
Net Income	444 000	−184 000	77 000	318 000
Total Assets	3 350 000	3 038 000	3 345 000	4 130 000
Total Equity	2 077 000	1 634 000	1 818 000	1 741 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 344 000	2 507 000	3 464 000	3 390 000
Expenditure	2 897 000	2 990 000	3 360 000	2 961 000
Operating Profit	613 000	−470 000	103 000	428 000
Financial Income	0	250 000	0	0
Financial Costs	44 000	83 000	5 000	20 000
Financial Balance	−44 000	167 000	−5 000	−20 000
Earnings Before Tax	569 000	−302 000	98 000	408 000
Tax	125 000	−118 000	22 000	90 000
Net Income	444 000	−184 000	77 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 012 000	2 228 000	629 000	844 000
Total Current Assets	1 338 000	809 000	2 715 000	3 286 000
Total Assets	3 350 000	3 038 000	3 345 000	4 130 000
Total Retained Equity	2 047 000	1 604 000	1 788 000	1 711 000
Total Equity	2 077 000	1 634 000	1 818 000	1 741 000
Total Long-Term Debt	688 000	922 000	1 008 000	1 803 000
Total Current Debt	585 000	482 000	519 000	586 000
Total Equity and Debt	3 350 000	3 038 000	3 345 000	4 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 344 000	2 507 000	3 464 000	3 390 000
Other Income	0	0	0	0
Revenue	3 344 000	2 507 000	3 464 000	3 390 000
Cost of Goods Sold	274 000	285 000	712 000	757 000
Salary Costs	1 631 000	1 674 000	1 663 000	1 185 000
Depreciation	281 000	284 000	283 000	289 000
Impairment	0	0	0	0
Expenditure	2 897 000	2 990 000	3 360 000	2 961 000
Operating Profit	613 000	−470 000	103 000	428 000
Financial Income	0	250 000	0	0
Financial Costs	44 000	83 000	5 000	20 000
Financial Balance	−44 000	167 000	−5 000	−20 000
Dividends	0	0	0	0
Net Income	444 000	−184 000	77 000	318 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	133 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	83 000	0	0	0
Fixtures	112 000	345 000	629 000	844 000
Total Tangible Assets	195 000	345 000	629 000	844 000
Total Fiancial Fixed Assets	1 750 000	1 750 000	0	0
Total Fixed Assets	2 012 000	2 228 000	629 000	844 000
Stock	290 000	125 000	111 000	77 000
Total Investments	0	0	1 750 000	1 750 000
Cash, Bank	632 000	171 000	625 000	571 000
Total Current Assets	1 338 000	809 000	2 715 000	3 286 000
Total Assets	3 350 000	3 038 000	3 345 000	4 130 000
Total Equity	2 077 000	1 634 000	1 818 000	1 741 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	688 000	922 000	1 008 000	1 803 000
Creditors	93 000	134 000	122 000	39 000
Unpaid Taxes	182 000	199 000	217 000	335 000
Dividends	0	0	0	0
Other Current Debt	250 000	149 000	134 000	103 000
Total Current Debt	585 000	482 000	519 000	586 000
Total Equity and Debt	3 350 000	3 038 000	3 345 000	4 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,38 %	−11,26 %	4,24 %	18,27 %
Debt-to-Equity Ratio	0,33	0,56	0,55	1,04
Operating Profit Margin	18,33 %	−18,75 %	2,97 %	12,63 %
Current Ratio	2,29	1,68	5,23	5,61
Quick Ratio	4,54	2,27	6,65	6,46
Equity Ratio	0,62	0,54	0,54	0,42
Gross Profit Margin	91,81 %	88,63 %	79,45 %	77,67 %