EINAR TØRLEN AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

39,1 %

Current Ratio

2,54

Debt-to-Equity Ratio

17,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 104 000	3 439 000	2 887 000	3 061 000
Net Income	470 000	−543 000	−28 000	191 000
Total Assets	24 696 000	19 924 000	15 693 000	16 242 000
Total Equity	1 202 000	822 000	1 262 000	1 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 104 000	3 439 000	2 887 000	3 061 000
Expenditure	1 966 000	2 684 000	2 337 000	2 306 000
Operating Profit	1 138 000	756 000	551 000	755 000
Financial Income	179 000	147 000	43 000	96 000
Financial Costs	714 000	1 599 000	630 000	606 000
Financial Balance	−535 000	−1 452 000	−587 000	−510 000
Earnings Before Tax	603 000	−696 000	−36 000	245 000
Tax	133 000	−153 000	−8 000	54 000
Net Income	470 000	−543 000	−28 000	191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 058 000	19 658 000	15 424 000	13 434 000
Total Current Assets	5 638 000	266 000	269 000	2 808 000
Total Assets	24 696 000	19 924 000	15 693 000	16 242 000
Total Retained Equity	202 000	−178 000	262 000	290 000
Total Equity	1 202 000	822 000	1 262 000	1 290 000
Total Long-Term Debt	21 270 000	18 613 000	13 955 000	14 328 000
Total Current Debt	2 224 000	488 000	477 000	625 000
Total Equity and Debt	24 696 000	19 924 000	15 693 000	16 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 100 000	2 914 000	0	0
Other Income	4 000	525 000	2 887 000	3 061 000
Revenue	3 104 000	3 439 000	2 887 000	3 061 000
Cost of Goods Sold	0	0	0	0
Salary Costs	795 000	1 330 000	1 195 000	1 184 000
Depreciation	585 000	579 000	643 000	508 000
Impairment	0	0	0	0
Expenditure	1 966 000	2 684 000	2 337 000	2 306 000
Operating Profit	1 138 000	756 000	551 000	755 000
Financial Income	179 000	147 000	43 000	96 000
Financial Costs	714 000	1 599 000	630 000	606 000
Financial Balance	−535 000	−1 452 000	−587 000	−510 000
Dividends	0	0	0	0
Net Income	470 000	−543 000	−28 000	191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 467 000	12 989 000	13 052 000	13 341 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	484 000	629 000	2 011 000	12 000
Total Tangible Assets	12 951 000	13 617 000	15 063 000	13 353 000
Total Fiancial Fixed Assets	6 107 000	6 040 000	361 000	82 000
Total Fixed Assets	19 058 000	19 658 000	15 424 000	13 434 000
Stock	5 228 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	128 000	264 000	755 000
Total Current Assets	5 638 000	266 000	269 000	2 808 000
Total Assets	24 696 000	19 924 000	15 693 000	16 242 000
Total Equity	1 202 000	822 000	1 262 000	1 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 270 000	18 613 000	13 955 000	14 328 000
Creditors	52 000	14 000	29 000	12 000
Unpaid Taxes	177 000	142 000	217 000	97 000
Dividends	0	0	0	0
Other Current Debt	1 995 000	332 000	231 000	515 000
Total Current Debt	2 224 000	488 000	477 000	625 000
Total Equity and Debt	24 696 000	19 924 000	15 693 000	16 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,1 %	−66,06 %	−2,22 %	14,81 %
Debt-to-Equity Ratio	17,7	22,64	11,06	11,11
Operating Profit Margin	36,66 %	21,98 %	19,09 %	24,67 %
Current Ratio	2,54	0,55	0,56	4,49
Quick Ratio	−1,88	0,55	0,56	4,49
Equity Ratio	0,05	0,04	0,08	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %