TORQUE AS

1170 OSLO

Finances

Return on Equity

18,9 %

Current Ratio

0,18

Debt-to-Equity Ratio

−5,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	322 000	50 000	19 000	565 000
Net Income	−202 000	−54 000	136 000	−1 791 000
Total Assets	4 849 000	169 000	262 000	239 000
Total Equity	−1 069 000	−867 000	−813 000	−949 000

Income (NOK)	2022	2021	2020	2019
Revenue	322 000	50 000	19 000	565 000
Expenditure	399 000	62 000	33 000	70 000
Operating Profit	−77 000	−11 000	−14 000	495 000
Financial Income	0	0	180 000	7 000
Financial Costs	154 000	54 000	41 000	2 195 000
Financial Balance	−154 000	−54 000	139 000	−2 188 000
Earnings Before Tax	−231 000	−65 000	125 000	−1 693 000
Tax	−29 000	−11 000	−11 000	98 000
Net Income	−202 000	−54 000	136 000	−1 791 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 840 000	111 000	100 000	0
Total Current Assets	9 000	58 000	162 000	238 000
Total Assets	4 849 000	169 000	262 000	239 000
Total Retained Equity	−1 099 000	−897 000	−843 000	−979 000
Total Equity	−1 069 000	−867 000	−813 000	−949 000
Total Long-Term Debt	5 866 000	1 015 000	1 055 000	1 055 000
Total Current Debt	51 000	21 000	20 000	132 000
Total Equity and Debt	4 849 000	169 000	262 000	239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	303 000	23 000	15 000	102 000
Other Income	19 000	27 000	4 000	463 000
Revenue	322 000	50 000	19 000	565 000
Cost of Goods Sold	0	0	0	0
Salary Costs	297 000	30 000	9 000	29 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	399 000	62 000	33 000	70 000
Operating Profit	−77 000	−11 000	−14 000	495 000
Financial Income	0	0	180 000	7 000
Financial Costs	154 000	54 000	41 000	2 195 000
Financial Balance	−154 000	−54 000	139 000	−2 188 000
Dividends	0	0	0	0
Net Income	−202 000	−54 000	136 000	−1 791 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	11 000	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	4 800 000	100 000	100 000	0
Total Fixed Assets	4 840 000	111 000	100 000	0
Stock	0	0	0	0
Total Investments	0	0	118 000	227 000
Cash, Bank	8 000	54 000	8 000	12 000
Total Current Assets	9 000	58 000	162 000	238 000
Total Assets	4 849 000	169 000	262 000	239 000
Total Equity	−1 069 000	−867 000	−813 000	−949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 866 000	1 015 000	1 055 000	1 055 000
Creditors	0	0	1 000	1 000
Unpaid Taxes	7 000	0	0	16 000
Dividends	0	0	0	0
Other Current Debt	44 000	21 000	18 000	17 000
Total Current Debt	51 000	21 000	20 000	132 000
Total Equity and Debt	4 849 000	169 000	262 000	239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,9 %	6,23 %	−16,73 %	188,72 %
Debt-to-Equity Ratio	−5,49	−1,17	−1,3	−1,11
Operating Profit Margin	−23,91 %	−22 %	−73,68 %	87,61 %
Current Ratio	0,18	2,76	8,1	1,8
Quick Ratio	0,18	2,76	8,1	1,8
Equity Ratio	−0,22	−5,13	−3,1	−3,97
Gross Profit Margin	100 %	100 %	100 %	100 %