TORVE HAGEDESIGN AS

2323 INGEBERG

Finances

Share Ownership

Return on Equity

35,08 %

Current Ratio

0,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	317 000	233 000	374 000	5 271 000
Net Income	207 000	−26 000	−370 000	121 000
Total Assets	846 000	738 000	933 000	1 439 000
Total Equity	590 000	383 000	409 000	779 000

Income (NOK)	2022	2021	2020	2019
Revenue	317 000	233 000	374 000	5 271 000
Expenditure	128 000	241 000	840 000	5 065 000
Operating Profit	190 000	−7 000	−466 000	205 000
Financial Income	25 000	0	2 000	3 000
Financial Costs	8 000	19 000	9 000	12 000
Financial Balance	17 000	−19 000	−7 000	−9 000
Earnings Before Tax	207 000	−26 000	−473 000	197 000
Tax	0	0	−102 000	76 000
Net Income	207 000	−26 000	−370 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	681 000	702 000	723 000	782 000
Total Current Assets	165 000	37 000	210 000	658 000
Total Assets	846 000	738 000	933 000	1 439 000
Total Retained Equity	490 000	283 000	309 000	679 000
Total Equity	590 000	383 000	409 000	779 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	257 000	356 000	524 000	660 000
Total Equity and Debt	846 000	738 000	933 000	1 439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	−14 000	186 000	5 219 000
Other Income	317 000	247 000	188 000	52 000
Revenue	317 000	233 000	374 000	5 271 000
Cost of Goods Sold	4 000	1 000	168 000	1 723 000
Salary Costs	1 000	21 000	391 000	2 358 000
Depreciation	21 000	22 000	41 000	87 000
Impairment	0	0	0	0
Expenditure	128 000	241 000	840 000	5 065 000
Operating Profit	190 000	−7 000	−466 000	205 000
Financial Income	25 000	0	2 000	3 000
Financial Costs	8 000	19 000	9 000	12 000
Financial Balance	17 000	−19 000	−7 000	−9 000
Dividends	0	0	0	0
Net Income	207 000	−26 000	−370 000	121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	681 000	702 000	723 000	752 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	30 000
Total Tangible Assets	681 000	702 000	723 000	782 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	681 000	702 000	723 000	782 000
Stock	3 000	3 000	3 000	3 000
Total Investments	0	0	0	0
Cash, Bank	62 000	0	76 000	626 000
Total Current Assets	165 000	37 000	210 000	658 000
Total Assets	846 000	738 000	933 000	1 439 000
Total Equity	590 000	383 000	409 000	779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	8 000	7 000	19 000
Unpaid Taxes	10 000	0	20 000	132 000
Dividends	0	0	0	0
Other Current Debt	243 000	262 000	307 000	434 000
Total Current Debt	257 000	356 000	524 000	660 000
Total Equity and Debt	846 000	738 000	933 000	1 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,08 %	−6,79 %	−90,46 %	15,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,94 %	−3 %	−124,6 %	3,89 %
Current Ratio	0,64	0,1	0,4	1
Quick Ratio	0,65	0,1	0,4	1
Equity Ratio	0,7	0,52	0,44	0,54
Gross Profit Margin	98,74 %	99,57 %	55,08 %	67,31 %