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COMPANY BENCHMARKING • UNITED STATES

Norbar Torque Tools Inc. - Company Profile

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Norbar Torque Tools Inc. - Overview

Description
Norbar Torque Tools Inc. is a private company with an estimated 134 employees. In the US, the company has a notable market share in at least two industries: Hand Tool & Cutlery Manufacturing and Telemarketing & Call Centers. Their largest market share is in the Hand Tool & Cutlery Manufacturing industry, where they account for an estimated 0.2% of total industry revenue and are considered a Laggard because they display lower market share alongside slower profit and revenue growth than their peers.
Company Details

Registered Name: Norbar Torque Tools Inc.

Company Type: Other

Employees: 134

Norbar Torque Tools Inc. - Operating Industries and Main Competitors

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Norbar Torque Tools Inc. - Products and Services

  • Hand Tool & Cutlery Manufacturing in the US

  • Of the 6 core revenue-generating products and services in the Hand Tool & Cutlery Manufacturing in the US industry, Norbar Torque Tools Inc. offers:
    • Mechanics' hand service tools
    • Razor blades and razors
    • Other
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Norbar Torque Tools Inc. - Analyst Insights

Norbar launches new wrench lineup

In June of 2021, Norbar launched a new lineup of electronic torque wrenches with enhanced torque range across 12 different models. The company’s new Protonic range with a standard range and a Plus range, with greater accuracy in torque and angle. The main difference between the Plus range and the standard range is the Bluetooth communication capabilities of the Plus range. These enhanced features have distinguished Norbar from the competition and these products will likely be a market leader.

Balance Sheet


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Norbar Torque Tools Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Norbar Torque Tools Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Hand Tool & Cutlery Manufacturing in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Norbar Torque Tools Inc.'s full SWOT analysis, see purchase options.

Norbar Torque Tools Inc. - Financial Statements & Ratios

pie_chartNorbar Torque Tools Inc. Income Statement

BALANCE DATE12/31/2022
Revenue39.3
Cost of Revenue0000
Cost of Revenue, Non-Cash0000
Gross Profit0000
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pie_chartNorbar Torque Tools Inc. Balance Sheet

BALANCE DATE12/31/2022
Cash and EquivalentsN/A
Short-Term Investments0000
Derivative Assets, Current0000
Restricted Cash and Investments0000
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pie_chartNorbar Torque Tools Inc. Cash Flow

BALANCE DATE12/31/2022
Net IncomeN/A
Income (Loss) From Discontinued Operations0000
Depreciation, Depletion and Amortization0000
Amortization of Financing Costs and Discounts0000
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  • Products and Services
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