TORGEIR VOLDSUND INVEST AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

4,73 %

Current Ratio

0,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	296 000	238 000	115 000	247 000
Net Income	22 000	−119 000	−29 000	−28 000
Total Assets	884 000	932 000	924 000	1 084 000
Total Equity	465 000	443 000	562 000	591 000

Income (NOK)	2022	2021	2020	2019
Revenue	296 000	238 000	115 000	247 000
Expenditure	273 000	358 000	147 000	275 000
Operating Profit	22 000	−119 000	−31 000	−28 000
Financial Income	0	0	3 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	3 000	0
Earnings Before Tax	22 000	−119 000	−29 000	−28 000
Tax	0	0	0	0
Net Income	22 000	−119 000	−29 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	833 000	864 000	895 000	924 000
Total Current Assets	51 000	69 000	29 000	160 000
Total Assets	884 000	932 000	924 000	1 084 000
Total Retained Equity	57 000	35 000	154 000	183 000
Total Equity	465 000	443 000	562 000	591 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	418 000	489 000	362 000	492 000
Total Equity and Debt	884 000	932 000	924 000	1 084 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	296 000	238 000	115 000	0
Other Income	0	0	0	247 000
Revenue	296 000	238 000	115 000	247 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	31 000	31 000	29 000	52 000
Impairment	0	0	0	0
Expenditure	273 000	358 000	147 000	275 000
Operating Profit	22 000	−119 000	−31 000	−28 000
Financial Income	0	0	3 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	3 000	0
Dividends	0	0	0	0
Net Income	22 000	−119 000	−29 000	−28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	833 000	864 000	895 000	924 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	833 000	864 000	895 000	924 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	833 000	864 000	895 000	924 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	69 000	29 000	160 000
Total Current Assets	51 000	69 000	29 000	160 000
Total Assets	884 000	932 000	924 000	1 084 000
Total Equity	465 000	443 000	562 000	591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	418 000	489 000	362 000	492 000
Total Current Debt	418 000	489 000	362 000	492 000
Total Equity and Debt	884 000	932 000	924 000	1 084 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,73 %	−26,86 %	−5,16 %	−4,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,43 %	−50 %	−26,96 %	−11,34 %
Current Ratio	0,12	0,14	0,08	0,33
Quick Ratio	0,12	0,14	0,08	0,33
Equity Ratio	0,53	0,48	0,61	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %