TORVET 3 AS

0158 OSLO

Finances

Share Ownership

Return on Equity

39,79 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 921 000	8 451 000	7 012 000	7 281 000
Net Income	4 732 000	5 687 000	4 762 000	4 992 000
Total Assets	23 997 000	23 466 000	22 264 000	22 959 000
Total Equity	11 891 000	12 208 000	12 520 000	12 825 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 921 000	8 451 000	7 012 000	7 281 000
Expenditure	2 958 000	1 175 000	944 000	971 000
Operating Profit	5 962 000	7 275 000	6 068 000	6 310 000
Financial Income	105 000	16 000	37 000	91 000
Financial Costs	0	0	0	0
Financial Balance	105 000	16 000	37 000	91 000
Earnings Before Tax	6 067 000	7 292 000	6 105 000	6 401 000
Tax	1 335 000	1 604 000	1 343 000	1 408 000
Net Income	4 732 000	5 687 000	4 762 000	4 992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 713 000	15 140 000	15 639 000	16 002 000
Total Current Assets	9 284 000	8 326 000	6 625 000	6 957 000
Total Assets	23 997 000	23 466 000	22 264 000	22 959 000
Total Retained Equity	11 791 000	12 108 000	12 420 000	12 725 000
Total Equity	11 891 000	12 208 000	12 520 000	12 825 000
Total Long-Term Debt	2 749 000	2 839 000	2 927 000	3 013 000
Total Current Debt	9 356 000	8 419 000	6 817 000	7 122 000
Total Equity and Debt	23 997 000	23 466 000	22 264 000	22 959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	8 921 000	8 451 000	7 012 000	7 281 000
Revenue	8 921 000	8 451 000	7 012 000	7 281 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	498 000	498 000	498 000	493 000
Impairment	0	0	0	0
Expenditure	2 958 000	1 175 000	944 000	971 000
Operating Profit	5 962 000	7 275 000	6 068 000	6 310 000
Financial Income	105 000	16 000	37 000	91 000
Financial Costs	0	0	0	0
Financial Balance	105 000	16 000	37 000	91 000
Dividends	0	0	0	0
Net Income	4 732 000	5 687 000	4 762 000	4 992 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	0	0	0
Real Eastate	14 642 000	15 140 000	15 639 000	16 002 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 642 000	15 140 000	15 639 000	16 002 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 713 000	15 140 000	15 639 000	16 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 744 000	0	0	0
Total Current Assets	9 284 000	8 326 000	6 625 000	6 957 000
Total Assets	23 997 000	23 466 000	22 264 000	22 959 000
Total Equity	11 891 000	12 208 000	12 520 000	12 825 000
Short-Term Group Debt	71 000	7 691 000	6 779 000	7 092 000
Total Long-Term Debt	2 749 000	2 839 000	2 927 000	3 013 000
Creditors	255 000	566 000	16 000	7 000
Unpaid Taxes	516 000	2 000	22 000	23 000
Dividends	0	0	0	0
Other Current Debt	8 514 000	161 000	0	0
Total Current Debt	9 356 000	8 419 000	6 817 000	7 122 000
Total Equity and Debt	23 997 000	23 466 000	22 264 000	22 959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,79 %	46,58 %	38,04 %	38,92 %
Debt-to-Equity Ratio	0,23	0,23	0,23	0,23
Operating Profit Margin	66,83 %	86,08 %	86,54 %	86,66 %
Current Ratio	0,99	0,99	0,97	0,98
Quick Ratio	0,99	0,99	0,97	0,98
Equity Ratio	0,5	0,52	0,56	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %