TORVIK TRAILERREP AS

1622 GRESSVIK

Finances

Return on Equity

−62,02 %

Current Ratio

28,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	455 000	566 000	599 000	809 000
Net Income	−1 042 000	−1 725 000	4 539 000	31 000
Total Assets	1 742 000	2 997 000	4 761 000	311 000
Total Equity	1 680 000	2 723 000	4 548 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	455 000	566 000	599 000	809 000
Expenditure	335 000	290 000	338 000	521 000
Operating Profit	120 000	276 000	260 000	288 000
Financial Income	3 827 000	1 524 000	6 594 000	146 000
Financial Costs	4 965 000	3 296 000	2 148 000	326 000
Financial Balance	−1 138 000	−1 772 000	4 446 000	−180 000
Earnings Before Tax	−1 018 000	−1 496 000	4 706 000	107 000
Tax	25 000	229 000	167 000	76 000
Net Income	−1 042 000	−1 725 000	4 539 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	14 000	22 000	30 000
Total Current Assets	1 736 000	2 983 000	4 739 000	281 000
Total Assets	1 742 000	2 997 000	4 761 000	311 000
Total Retained Equity	1 650 000	2 693 000	4 518 000	−21 000
Total Equity	1 680 000	2 723 000	4 548 000	9 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	61 000	274 000	213 000	302 000
Total Equity and Debt	1 742 000	2 997 000	4 761 000	311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	445 000	566 000	599 000	809 000
Other Income	9 000	0	0	0
Revenue	455 000	566 000	599 000	809 000
Cost of Goods Sold	36 000	4 000	7 000	67 000
Salary Costs	42 000	40 000	39 000	200 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	335 000	290 000	338 000	521 000
Operating Profit	120 000	276 000	260 000	288 000
Financial Income	3 827 000	1 524 000	6 594 000	146 000
Financial Costs	4 965 000	3 296 000	2 148 000	326 000
Financial Balance	−1 138 000	−1 772 000	4 446 000	−180 000
Dividends	0	100 000	0	0
Net Income	−1 042 000	−1 725 000	4 539 000	31 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 000	14 000	22 000	30 000
Total Fixed Assets	6 000	14 000	22 000	30 000
Stock	0	0	0	0
Total Investments	1 563 000	2 795 000	4 574 000	152 000
Cash, Bank	66 000	53 000	25 000	7 000
Total Current Assets	1 736 000	2 983 000	4 739 000	281 000
Total Assets	1 742 000	2 997 000	4 761 000	311 000
Total Equity	1 680 000	2 723 000	4 548 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	0	0	16 000
Unpaid Taxes	11 000	25 000	26 000	20 000
Dividends	0	100 000	0	0
Other Current Debt	19 000	19 000	20 000	190 000
Total Current Debt	61 000	274 000	213 000	302 000
Total Equity and Debt	1 742 000	2 997 000	4 761 000	311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,02 %	−63,35 %	99,8 %	344,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,37 %	48,76 %	43,41 %	35,6 %
Current Ratio	28,46	10,89	22,25	0,93
Quick Ratio	28,46	10,89	22,25	0,93
Equity Ratio	0,96	0,91	0,96	0,03
Gross Profit Margin	92,09 %	99,29 %	98,83 %	91,72 %