TORVKVARTALET AS

4611 KRISTIANSAND S

Finances

Return on Equity

5,72 %

Current Ratio

0,54

Debt-to-Equity Ratio

3,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 559 000	57 187 000	69 337 000	44 928 000
Net Income	11 462 000	29 074 000	966 000	408 000
Total Assets	873 053 000	882 817 000	878 685 000	869 228 000
Total Equity	200 330 000	202 417 000	173 719 000	47 754 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 559 000	57 187 000	69 337 000	44 928 000
Expenditure	22 112 000	12 764 000	22 891 000	18 696 000
Operating Profit	22 447 000	44 422 000	46 445 000	26 232 000
Financial Income	15 463 000	12 735 000	1 748 000	3 472 000
Financial Costs	26 772 000	23 065 000	41 930 000	26 658 000
Financial Balance	−11 309 000	−10 330 000	−40 182 000	−23 186 000
Earnings Before Tax	11 139 000	34 093 000	6 263 000	3 047 000
Tax	−323 000	5 018 000	5 297 000	2 639 000
Net Income	11 462 000	29 074 000	966 000	408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	856 158 000	864 597 000	864 134 000	851 014 000
Total Current Assets	16 895 000	18 220 000	14 551 000	18 213 000
Total Assets	873 053 000	882 817 000	878 685 000	869 228 000
Total Retained Equity	73 330 000	75 417 000	46 719 000	45 754 000
Total Equity	200 330 000	202 417 000	173 719 000	47 754 000
Total Long-Term Debt	641 655 000	662 306 000	687 320 000	801 443 000
Total Current Debt	31 067 000	18 094 000	17 646 000	20 031 000
Total Equity and Debt	873 053 000	882 817 000	878 685 000	869 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	55 046 000	55 072 000	46 881 000
Other Income	44 559 000	2 140 000	14 265 000	−1 953 000
Revenue	44 559 000	57 187 000	69 337 000	44 928 000
Cost of Goods Sold	0	0	5 000 000	0
Salary Costs	29 000	51 000	44 000	46 000
Depreciation	37 000	37 000	37 000	0
Impairment	0	0	0	0
Expenditure	22 112 000	12 764 000	22 891 000	18 696 000
Operating Profit	22 447 000	44 422 000	46 445 000	26 232 000
Financial Income	15 463 000	12 735 000	1 748 000	3 472 000
Financial Costs	26 772 000	23 065 000	41 930 000	26 658 000
Financial Balance	−11 309 000	−10 330 000	−40 182 000	−23 186 000
Dividends	10 000 000	1 000 000	0	0
Net Income	11 462 000	29 074 000	966 000	408 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	845 730 000	864 000 000	861 925 000	847 781 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	111 000	148 000	0
Total Tangible Assets	845 804 000	864 111 000	862 073 000	847 781 000
Total Fiancial Fixed Assets	10 354 000	485 000	2 060 000	3 233 000
Total Fixed Assets	856 158 000	864 597 000	864 134 000	851 014 000
Stock	0	0	0	5 000 000
Total Investments	0	0	0	0
Cash, Bank	6 105 000	12 836 000	3 660 000	5 886 000
Total Current Assets	16 895 000	18 220 000	14 551 000	18 213 000
Total Assets	873 053 000	882 817 000	878 685 000	869 228 000
Total Equity	200 330 000	202 417 000	173 719 000	47 754 000
Short-Term Group Debt	0	8 184 000	9 805 000	11 512 000
Total Long-Term Debt	641 655 000	662 306 000	687 320 000	801 443 000
Creditors	1 561 000	938 000	1 144 000	1 235 000
Unpaid Taxes	813 000	761 000	983 000	837 000
Dividends	10 000 000	1 000 000	0	0
Other Current Debt	28 693 000	7 211 000	5 714 000	6 447 000
Total Current Debt	31 067 000	18 094 000	17 646 000	20 031 000
Total Equity and Debt	873 053 000	882 817 000	878 685 000	869 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,72 %	14,36 %	0,56 %	0,85 %
Debt-to-Equity Ratio	3,2	3,27	3,96	16,78
Operating Profit Margin	50,38 %	77,68 %	66,98 %	58,39 %
Current Ratio	0,54	1,01	0,82	0,91
Quick Ratio	0,54	1,01	0,82	1,21
Equity Ratio	0,23	0,23	0,2	0,05
Gross Profit Margin	100 %	100 %	92,79 %	100 %