TORPEGARDEN II BORETTSLAG

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

36,86 %

Current Ratio

10,25

Debt-to-Equity Ratio

−13,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	744 000	718 000	718 000	701 000
Net Income	−108 000	12 000	122 000	79 000
Total Assets	3 796 000	5 179 000	5 216 000	2 362 000
Total Equity	−293 000	−186 000	−198 000	−320 000

Income (NOK)	2022	2021	2020	2019
Revenue	744 000	718 000	718 000	701 000
Expenditure	767 000	641 000	538 000	578 000
Operating Profit	−23 000	77 000	181 000	123 000
Financial Income	15 000	8 000	8 000	12 000
Financial Costs	100 000	72 000	67 000	56 000
Financial Balance	−85 000	−64 000	−59 000	−44 000
Earnings Before Tax	−108 000	12 000	122 000	79 000
Tax	0	0	0	0
Net Income	−108 000	12 000	122 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 273 000	3 273 000	4 837 000	1 699 000
Total Current Assets	523 000	1 906 000	379 000	662 000
Total Assets	3 796 000	5 179 000	5 216 000	2 362 000
Total Retained Equity	−296 000	−188 000	−200 000	−322 000
Total Equity	−293 000	−186 000	−198 000	−320 000
Total Long-Term Debt	4 038 000	5 312 000	5 312 000	2 566 000
Total Current Debt	51 000	53 000	102 000	116 000
Total Equity and Debt	3 796 000	5 179 000	5 216 000	2 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	744 000	718 000	718 000	701 000
Revenue	744 000	718 000	718 000	701 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 000	13 000	27 000	13 000
Depreciation	0	4 000	0	0
Impairment	0	0	0	0
Expenditure	767 000	641 000	538 000	578 000
Operating Profit	−23 000	77 000	181 000	123 000
Financial Income	15 000	8 000	8 000	12 000
Financial Costs	100 000	72 000	67 000	56 000
Financial Balance	−85 000	−64 000	−59 000	−44 000
Dividends	0	0	0	0
Net Income	−108 000	12 000	122 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 258 000	3 258 000	4 818 000	1 680 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	15 000	19 000	19 000
Total Tangible Assets	3 273 000	3 273 000	4 837 000	1 699 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 273 000	3 273 000	4 837 000	1 699 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	490 000	1 877 000	350 000	665 000
Total Current Assets	523 000	1 906 000	379 000	662 000
Total Assets	3 796 000	5 179 000	5 216 000	2 362 000
Total Equity	−293 000	−186 000	−198 000	−320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 038 000	5 312 000	5 312 000	2 566 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	51 000	53 000	102 000	116 000
Total Current Debt	51 000	53 000	102 000	116 000
Total Equity and Debt	3 796 000	5 179 000	5 216 000	2 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,86 %	−6,45 %	−61,62 %	−24,69 %
Debt-to-Equity Ratio	−13,78	−28,56	−26,83	−8,02
Operating Profit Margin	−3,09 %	10,72 %	25,21 %	17,55 %
Current Ratio	10,25	35,96	3,72	5,71
Quick Ratio	10,25	35,96	3,72	5,71
Equity Ratio	−0,08	−0,04	−0,04	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %