TORNES BYGG AS

6443 TORNES I ROMSDAL

Finances

Share Ownership

Return on Equity

139,4 %

Current Ratio

−0,86

Debt-to-Equity Ratio

−6,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 001 000	1 440 000	1 389 000	4 290 000
Net Income	−796 000	44 000	−158 000	201 000
Total Assets	2 812 000	2 613 000	378 000	395 000
Total Equity	−571 000	219 000	175 000	333 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 001 000	1 440 000	1 389 000	4 290 000
Expenditure	1 845 000	1 362 000	1 574 000	76 000
Operating Profit	−844 000	79 000	−185 000	305 000
Financial Income	2 000	0	0	1 000
Financial Costs	179 000	82 000	18 000	48 000
Financial Balance	−177 000	−82 000	−18 000	−47 000
Earnings Before Tax	−1 021 000	−4 000	−203 000	258 000
Tax	−225 000	−48 000	−45 000	57 000
Net Income	−796 000	44 000	−158 000	201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 626 000	2 613 000	414 000	13 000
Total Current Assets	186 000	0	−36 000	382 000
Total Assets	2 812 000	2 613 000	378 000	395 000
Total Retained Equity	−661 000	129 000	85 000	243 000
Total Equity	−571 000	219 000	175 000	333 000
Total Long-Term Debt	3 599 000	2 116 000	0	0
Total Current Debt	−216 000	279 000	203 000	62 000
Total Equity and Debt	2 812 000	2 613 000	378 000	395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 001 000	1 440 000	1 389 000	0
Other Income	0	0	0	4 290 000
Revenue	1 001 000	1 440 000	1 389 000	4 290 000
Cost of Goods Sold	1 484 000	244 000	226 000	0
Salary Costs	0	541 000	937 000	0
Depreciation	67 000	67 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	1 845 000	1 362 000	1 574 000	76 000
Operating Profit	−844 000	79 000	−185 000	305 000
Financial Income	2 000	0	0	1 000
Financial Costs	179 000	82 000	18 000	48 000
Financial Balance	−177 000	−82 000	−18 000	−47 000
Dividends	0	0	0	0
Net Income	−796 000	44 000	−158 000	201 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	270 000	46 000	45 000	0
Real Eastate	2 356 000	2 563 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	9 000	13 000
Total Tangible Assets	2 356 000	2 568 000	9 000	13 000
Total Fiancial Fixed Assets	0	0	360 000	0
Total Fixed Assets	2 626 000	2 613 000	414 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	105 000	−113 000	−165 000	382 000
Total Current Assets	186 000	0	−36 000	382 000
Total Assets	2 812 000	2 613 000	378 000	395 000
Total Equity	−571 000	219 000	175 000	333 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 599 000	2 116 000	0	0
Creditors	−51 000	323 000	37 000	5 000
Unpaid Taxes	−5 000	−91 000	87 000	0
Dividends	0	0	0	0
Other Current Debt	0	47 000	79 000	0
Total Current Debt	−216 000	279 000	203 000	62 000
Total Equity and Debt	2 812 000	2 613 000	378 000	395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	139,4 %	20,09 %	−90,29 %	60,36 %
Debt-to-Equity Ratio	−6,3	9,66	0	0
Operating Profit Margin	−84,32 %	5,49 %	−13,32 %	7,11 %
Current Ratio	−0,86	0	−0,18	6,16
Quick Ratio	−0,86	0	−0,18	6,16
Equity Ratio	−0,2	0,08	0,46	0,84
Gross Profit Margin	−48,25 %	83,06 %	83,73 %	100 %