TORVMYRANE 21 AS

6120 FOLKESTAD

Finances

Share Ownership

Return on Equity

7,98 %

Current Ratio

2,27

Debt-to-Equity Ratio

3,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 448 000	3 741 000	4 328 000	3 623 000
Net Income	914 000	1 228 000	1 788 000	1 145 000
Total Assets	47 470 000	36 081 000	24 336 000	25 329 000
Total Equity	11 459 000	10 627 000	9 549 000	7 761 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 448 000	3 741 000	4 328 000	3 623 000
Expenditure	1 486 000	1 070 000	1 390 000	1 476 000
Operating Profit	2 962 000	2 670 000	2 938 000	2 146 000
Financial Income	8 000	0	0	0
Financial Costs	1 797 000	845 000	645 000	678 000
Financial Balance	−1 789 000	−845 000	−645 000	−678 000
Earnings Before Tax	1 172 000	1 826 000	2 293 000	1 468 000
Tax	258 000	598 000	504 000	323 000
Net Income	914 000	1 228 000	1 788 000	1 145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 273 000	30 574 000	22 039 000	22 687 000
Total Current Assets	1 196 000	5 507 000	2 297 000	2 642 000
Total Assets	47 470 000	36 081 000	24 336 000	25 329 000
Total Retained Equity	4 843 000	4 011 000	2 933 000	1 145 000
Total Equity	11 459 000	10 627 000	9 549 000	7 761 000
Total Long-Term Debt	35 484 000	22 688 000	13 820 000	14 862 000
Total Current Debt	526 000	2 765 000	967 000	2 706 000
Total Equity and Debt	47 470 000	36 081 000	24 336 000	25 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 448 000	3 741 000	4 328 000	3 623 000
Revenue	4 448 000	3 741 000	4 328 000	3 623 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 064 000	874 000	1 175 000	1 359 000
Impairment	0	0	0	0
Expenditure	1 486 000	1 070 000	1 390 000	1 476 000
Operating Profit	2 962 000	2 670 000	2 938 000	2 146 000
Financial Income	8 000	0	0	0
Financial Costs	1 797 000	845 000	645 000	678 000
Financial Balance	−1 789 000	−845 000	−645 000	−678 000
Dividends	0	0	0	0
Net Income	914 000	1 228 000	1 788 000	1 145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	41 452 000	30 352 000	22 006 000	22 687 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	370 000	222 000	33 000	0
Total Tangible Assets	41 822 000	30 574 000	22 039 000	22 687 000
Total Fiancial Fixed Assets	4 452 000	0	0	0
Total Fixed Assets	46 273 000	30 574 000	22 039 000	22 687 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	364 000	4 526 000	1 940 000	49 000
Total Current Assets	1 196 000	5 507 000	2 297 000	2 642 000
Total Assets	47 470 000	36 081 000	24 336 000	25 329 000
Total Equity	11 459 000	10 627 000	9 549 000	7 761 000
Short-Term Group Debt	106 000	193 000	0	1 713 000
Total Long-Term Debt	35 484 000	22 688 000	13 820 000	14 862 000
Creditors	221 000	1 967 000	227 000	115 000
Unpaid Taxes	5 000	0	78 000	0
Dividends	0	0	0	0
Other Current Debt	169 000	255 000	116 000	878 000
Total Current Debt	526 000	2 765 000	967 000	2 706 000
Total Equity and Debt	47 470 000	36 081 000	24 336 000	25 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,98 %	11,56 %	18,72 %	14,75 %
Debt-to-Equity Ratio	3,1	2,13	1,45	1,91
Operating Profit Margin	66,59 %	71,37 %	67,88 %	59,23 %
Current Ratio	2,27	1,99	2,38	0,98
Quick Ratio	2,27	1,99	2,38	0,98
Equity Ratio	0,24	0,29	0,39	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %