TOR ARNE UTENGEN AS

3420 LIERSKOGEN

Finances

Return on Equity

18,17 %

Current Ratio

3,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	40 000	40 000	40 000
Net Income	3 076 000	802 000	9 301 000	87 000
Total Assets	19 997 000	16 890 000	17 141 000	7 775 000
Total Equity	16 928 000	16 351 000	16 549 000	7 748 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	40 000	40 000	40 000
Expenditure	30 000	25 000	41 000	29 000
Operating Profit	10 000	15 000	−1 000	11 000
Financial Income	3 114 000	809 000	9 349 000	96 000
Financial Costs	0	0	0	0
Financial Balance	3 114 000	809 000	9 349 000	96 000
Earnings Before Tax	3 123 000	823 000	9 348 000	107 000
Tax	47 000	21 000	47 000	20 000
Net Income	3 076 000	802 000	9 301 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 499 000	9 999 000	9 011 000	7 468 000
Total Current Assets	10 498 000	6 891 000	8 130 000	307 000
Total Assets	19 997 000	16 890 000	17 141 000	7 775 000
Total Retained Equity	16 828 000	16 251 000	16 449 000	7 648 000
Total Equity	16 928 000	16 351 000	16 549 000	7 748 000
Total Long-Term Debt	20 000	5 000	0	0
Total Current Debt	3 050 000	534 000	591 000	27 000
Total Equity and Debt	19 997 000	16 890 000	17 141 000	7 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	40 000	40 000	40 000
Other Income	0	0	0	0
Revenue	40 000	40 000	40 000	40 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 000	25 000	41 000	29 000
Operating Profit	10 000	15 000	−1 000	11 000
Financial Income	3 114 000	809 000	9 349 000	96 000
Financial Costs	0	0	0	0
Financial Balance	3 114 000	809 000	9 349 000	96 000
Dividends	2 500 000	1 000 000	500 000	0
Net Income	3 076 000	802 000	9 301 000	87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 499 000	9 999 000	9 011 000	7 468 000
Total Fixed Assets	9 499 000	9 999 000	9 011 000	7 468 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 958 000	5 601 000	6 090 000	267 000
Total Current Assets	10 498 000	6 891 000	8 130 000	307 000
Total Assets	19 997 000	16 890 000	17 141 000	7 775 000
Total Equity	16 928 000	16 351 000	16 549 000	7 748 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	5 000	0	0
Creditors	0	0	18 000	0
Unpaid Taxes	0	0	0	0
Dividends	2 500 000	1 000 000	500 000	0
Other Current Debt	518 000	18 000	26 000	3 000
Total Current Debt	3 050 000	534 000	591 000	27 000
Total Equity and Debt	19 997 000	16 890 000	17 141 000	7 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,17 %	4,9 %	56,2 %	1,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25 %	37,5 %	−2,5 %	27,5 %
Current Ratio	3,44	12,9	13,76	11,37
Quick Ratio	3,44	12,9	13,76	11,37
Equity Ratio	0,85	0,97	0,97	1
Gross Profit Margin	100 %	100 %	100 %	100 %