TORGGATA 5 SKIEN AS

3713 SKIEN

Finances

Share Ownership

Return on Equity

75,76 %

Current Ratio

0,39

Debt-to-Equity Ratio

−16,79

Key figures (NOK)	2022	2021	2020
Revenue	420 000	510 000	86 000
Net Income	−347 000	−119 000	−16 000
Total Assets	7 504 000	7 640 000	7 585 000
Total Equity	−458 000	−110 000	9 000

Income (NOK)	2022	2021	2020
Revenue	420 000	510 000	86 000
Expenditure	481 000	428 000	96 000
Operating Profit	−61 000	82 000	−10 000
Financial Income	0	0	0
Financial Costs	286 000	201 000	6 000
Financial Balance	−286 000	−201 000	−6 000
Earnings Before Tax	−347 000	−119 000	−16 000
Tax	0	0	0
Net Income	−347 000	−119 000	−16 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 396 000	7 453 000	7 538 000
Total Current Assets	107 000	187 000	47 000
Total Assets	7 504 000	7 640 000	7 585 000
Total Retained Equity	−488 000	−140 000	−21 000
Total Equity	−458 000	−110 000	9 000
Total Long-Term Debt	7 689 000	7 592 000	7 428 000
Total Current Debt	272 000	158 000	149 000
Total Equity and Debt	7 504 000	7 640 000	7 585 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 000	3 000	0
Other Income	416 000	507 000	86 000
Revenue	420 000	510 000	86 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	280 000	280 000	47 000
Impairment	0	0	0
Expenditure	481 000	428 000	96 000
Operating Profit	−61 000	82 000	−10 000
Financial Income	0	0	0
Financial Costs	286 000	201 000	6 000
Financial Balance	−286 000	−201 000	−6 000
Dividends	0	0	0
Net Income	−347 000	−119 000	−16 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 590 000	4 428 000	4 295 000
Machinery and Plant Facilities	0	0	0
Fixtures	2 806 000	3 025 000	3 244 000
Total Tangible Assets	7 396 000	7 453 000	7 538 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	7 396 000	7 453 000	7 538 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	37 000	159 000	21 000
Total Current Assets	107 000	187 000	47 000
Total Assets	7 504 000	7 640 000	7 585 000
Total Equity	−458 000	−110 000	9 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 689 000	7 592 000	7 428 000
Creditors	170 000	19 000	19 000
Unpaid Taxes	9 000	9 000	0
Dividends	0	0	0
Other Current Debt	92 000	129 000	129 000
Total Current Debt	272 000	158 000	149 000
Total Equity and Debt	7 504 000	7 640 000	7 585 000

Financial indicators	2022	2021	2020
Return on Equity	75,76 %	108,18 %	−177,78 %
Debt-to-Equity Ratio	−16,79	−69,02	825,33
Operating Profit Margin	−14,52 %	16,08 %	−11,63 %
Current Ratio	0,39	1,18	0,32
Quick Ratio	0,39	1,18	0,32
Equity Ratio	−0,06	−0,01	0
Gross Profit Margin	100 %	100 %	100 %