TOFTEN ENERGY AS

5919 FREKHAUG

Finances

Return on Equity

2,07 %

Current Ratio

6,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 142 000	1 561 000	384 000	356 000
Net Income	153 000	1 395 000	−14 249 000	−1 229 000
Total Assets	8 631 000	9 227 000	7 829 000	22 671 000
Total Equity	7 398 000	8 745 000	7 350 000	21 969 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 142 000	1 561 000	384 000	356 000
Expenditure	1 300 000	1 080 000	549 000	485 000
Operating Profit	842 000	481 000	−165 000	−128 000
Financial Income	149 000	915 000	4 000	622 000
Financial Costs	838 000	1 000	14 088 000	1 723 000
Financial Balance	−689 000	914 000	−14 084 000	−1 101 000
Earnings Before Tax	153 000	1 395 000	−14 249 000	−1 229 000
Tax	0	0	0	0
Net Income	153 000	1 395 000	−14 249 000	−1 229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	53 000	43 000	14 000
Total Current Assets	8 578 000	9 174 000	7 786 000	22 657 000
Total Assets	8 631 000	9 227 000	7 829 000	22 671 000
Total Retained Equity	5 987 000	7 333 000	5 938 000	20 588 000
Total Equity	7 398 000	8 745 000	7 350 000	21 969 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 233 000	482 000	479 000	702 000
Total Equity and Debt	8 631 000	9 227 000	7 829 000	22 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 142 000	1 561 000	384 000	356 000
Other Income	0	0	0	0
Revenue	2 142 000	1 561 000	384 000	356 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	1 142 000	853 000	414 000	222 000
Depreciation	0	0	1 000	6 000
Impairment	0	0	0	0
Expenditure	1 300 000	1 080 000	549 000	485 000
Operating Profit	842 000	481 000	−165 000	−128 000
Financial Income	149 000	915 000	4 000	622 000
Financial Costs	838 000	1 000	14 088 000	1 723 000
Financial Balance	−689 000	914 000	−14 084 000	−1 101 000
Dividends	900 000	0	400 000	615 000
Net Income	153 000	1 395 000	−14 249 000	−1 229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	13 000	13 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 000
Total Tangible Assets	0	0	0	1 000
Total Fiancial Fixed Assets	40 000	40 000	30 000	0
Total Fixed Assets	53 000	53 000	43 000	14 000
Stock	0	0	0	0
Total Investments	3 890 000	240 000	1 358 000	21 493 000
Cash, Bank	4 158 000	8 504 000	6 264 000	558 000
Total Current Assets	8 578 000	9 174 000	7 786 000	22 657 000
Total Assets	8 631 000	9 227 000	7 829 000	22 671 000
Total Equity	7 398 000	8 745 000	7 350 000	21 969 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	3 000	0
Unpaid Taxes	210 000	227 000	68 000	63 000
Dividends	900 000	0	400 000	615 000
Other Current Debt	1 021 000	252 000	408 000	639 000
Total Current Debt	1 233 000	482 000	479 000	702 000
Total Equity and Debt	8 631 000	9 227 000	7 829 000	22 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,07 %	15,95 %	−193,86 %	−5,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,31 %	30,81 %	−42,97 %	−35,96 %
Current Ratio	6,96	19,03	16,25	32,27
Quick Ratio	6,96	19,03	16,25	32,27
Equity Ratio	0,86	0,95	0,94	0,97
Gross Profit Margin	100 %	100 %	99,74 %	100 %