TORVESTAD SPORT AS

5545 VORMEDAL

Finances

Return on Equity

13,69 %

Current Ratio

3,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	317 000	4 780 000	224 000	2 483 000
Total Assets	2 364 000	3 670 000	2 239 000	2 956 000
Total Equity	2 315 000	2 173 000	2 194 000	2 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	33 000	20 000	20 000	17 000
Operating Profit	−33 000	−20 000	−20 000	−17 000
Financial Income	350 000	4 800 000	244 000	2 500 000
Financial Costs	0	0	0	0
Financial Balance	350 000	4 800 000	244 000	2 500 000
Earnings Before Tax	317 000	4 780 000	224 000	2 483 000
Tax	0	0	0	0
Net Income	317 000	4 780 000	224 000	2 483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 186 000	2 156 000	2 156 000	2 156 000
Total Current Assets	178 000	1 515 000	84 000	800 000
Total Assets	2 364 000	3 670 000	2 239 000	2 956 000
Total Retained Equity	2 069 000	1 927 000	1 948 000	1 868 000
Total Equity	2 315 000	2 173 000	2 194 000	2 114 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	48 000	1 497 000	46 000	842 000
Total Equity and Debt	2 364 000	3 670 000	2 239 000	2 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	33 000	20 000	20 000	17 000
Operating Profit	−33 000	−20 000	−20 000	−17 000
Financial Income	350 000	4 800 000	244 000	2 500 000
Financial Costs	0	0	0	0
Financial Balance	350 000	4 800 000	244 000	2 500 000
Dividends	175 000	4 800 000	144 000	2 500 000
Net Income	317 000	4 780 000	224 000	2 483 000

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	2 186 000	2 156 000	2 156 000	2 156 000
Total Fixed Assets	2 186 000	2 156 000	2 156 000	2 156 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	69 000	1 515 000	84 000	800 000
Total Current Assets	178 000	1 515 000	84 000	800 000
Total Assets	2 364 000	3 670 000	2 239 000	2 956 000
Total Equity	2 315 000	2 173 000	2 194 000	2 114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	175 000	4 800 000	144 000	2 500 000
Other Current Debt	46 000	0	44 000	842 000
Total Current Debt	48 000	1 497 000	46 000	842 000
Total Equity and Debt	2 364 000	3 670 000	2 239 000	2 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,69 %	219,97 %	10,21 %	117,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	3,71	1,01	1,83	0,95
Quick Ratio	3,71	1,01	1,83	0,95
Equity Ratio	0,98	0,59	0,98	0,72
Gross Profit Margin	-	-	-	-