TORBJØRN OLUFSEN HOLDING AS

4085 HUNDVÅG

Finances

Return on Equity

51,87 %

Current Ratio

9,46

Debt-to-Equity Ratio

2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	320 000	25 000	0
Net Income	250 000	164 000	17 000	−7 000
Total Assets	1 814 000	1 813 000	1 902 000	1 876 000
Total Equity	482 000	232 000	68 000	51 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	320 000	25 000	0
Expenditure	8 000	18 000	9 000	7 000
Operating Profit	−8 000	302 000	16 000	−7 000
Financial Income	259 000	0	0	0
Financial Costs	0	71 000	0	0
Financial Balance	259 000	−71 000	0	0
Earnings Before Tax	250 000	230 000	17 000	−7 000
Tax	0	66 000	0	0
Net Income	250 000	164 000	17 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	8 000	1 876 000	1 876 000
Total Current Assets	1 806 000	1 805 000	25 000	0
Total Assets	1 814 000	1 813 000	1 902 000	1 876 000
Total Retained Equity	452 000	202 000	38 000	21 000
Total Equity	482 000	232 000	68 000	51 000
Total Long-Term Debt	1 141 000	1 456 000	1 796 000	1 796 000
Total Current Debt	191 000	125 000	38 000	30 000
Total Equity and Debt	1 814 000	1 813 000	1 902 000	1 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	320 000	25 000	0
Other Income	0	0	0	0
Revenue	0	320 000	25 000	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	8 000	18 000	9 000	7 000
Operating Profit	−8 000	302 000	16 000	−7 000
Financial Income	259 000	0	0	0
Financial Costs	0	71 000	0	0
Financial Balance	259 000	−71 000	0	0
Dividends	0	0	0	0
Net Income	250 000	164 000	17 000	−7 000

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	8 000	8 000	1 876 000	1 876 000
Total Fixed Assets	8 000	8 000	1 876 000	1 876 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 806 000	1 805 000	25 000	0
Total Assets	1 814 000	1 813 000	1 902 000	1 876 000
Total Equity	482 000	232 000	68 000	51 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 141 000	1 456 000	1 796 000	1 796 000
Creditors	0	11 000	0	0
Unpaid Taxes	0	10 000	0	0
Dividends	0	0	0	0
Other Current Debt	125 000	37 000	38 000	30 000
Total Current Debt	191 000	125 000	38 000	30 000
Total Equity and Debt	1 814 000	1 813 000	1 902 000	1 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,87 %	70,69 %	25 %	−13,73 %
Debt-to-Equity Ratio	2,37	6,28	26,41	35,22
Operating Profit Margin	-	94,38 %	64 %	-
Current Ratio	9,46	14,44	0,66	0
Quick Ratio	9,46	14,44	0,66	0
Equity Ratio	0,27	0,13	0,04	0,03
Gross Profit Margin	-	100 %	100 %	-