TÅRNGALLERIET AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

2,44 %

Current Ratio

6,11

Debt-to-Equity Ratio

3,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 680 000	8 505 000	10 222 000	10 259 000
Net Income	692 000	−1 870 000	−3 970 000	1 672 000
Total Assets	120 888 000	120 512 000	122 257 000	103 687 000
Total Equity	28 314 000	27 622 000	29 492 000	33 462 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 680 000	8 505 000	10 222 000	10 259 000
Expenditure	10 272 000	9 677 000	14 262 000	6 480 000
Operating Profit	3 408 000	−1 172 000	−4 041 000	3 779 000
Financial Income	138 000	27 000	9 000	33 000
Financial Costs	2 658 000	1 253 000	1 058 000	1 588 000
Financial Balance	−2 520 000	−1 226 000	−1 049 000	−1 555 000
Earnings Before Tax	887 000	−2 398 000	−5 090 000	2 223 000
Tax	195 000	−528 000	−1 120 000	552 000
Net Income	692 000	−1 870 000	−3 970 000	1 672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 390 000	102 629 000	100 662 000	94 649 000
Total Current Assets	15 497 000	17 883 000	21 595 000	9 037 000
Total Assets	120 888 000	120 512 000	122 257 000	103 687 000
Total Retained Equity	692 000	0	0	0
Total Equity	28 314 000	27 622 000	29 492 000	33 462 000
Total Long-Term Debt	90 039 000	87 832 000	86 906 000	64 652 000
Total Current Debt	2 535 000	5 058 000	5 859 000	5 572 000
Total Equity and Debt	120 888 000	120 512 000	122 257 000	103 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	13 680 000	8 505 000	10 222 000	10 259 000
Revenue	13 680 000	8 505 000	10 222 000	10 259 000
Cost of Goods Sold	78 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 746 000	4 534 000	4 119 000	4 097 000
Impairment	0	0	0	0
Expenditure	10 272 000	9 677 000	14 262 000	6 480 000
Operating Profit	3 408 000	−1 172 000	−4 041 000	3 779 000
Financial Income	138 000	27 000	9 000	33 000
Financial Costs	2 658 000	1 253 000	1 058 000	1 588 000
Financial Balance	−2 520 000	−1 226 000	−1 049 000	−1 555 000
Dividends	0	0	0	0
Net Income	692 000	−1 870 000	−3 970 000	1 672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	104 974 000	102 152 000	100 178 000	94 500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	110 000
Total Tangible Assets	104 974 000	102 152 000	100 178 000	94 610 000
Total Fiancial Fixed Assets	416 000	478 000	483 000	39 000
Total Fixed Assets	105 390 000	102 629 000	100 662 000	94 649 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 969 000	13 546 000	12 039 000	4 605 000
Total Current Assets	15 497 000	17 883 000	21 595 000	9 037 000
Total Assets	120 888 000	120 512 000	122 257 000	103 687 000
Total Equity	28 314 000	27 622 000	29 492 000	33 462 000
Short-Term Group Debt	0	712 000	3 068 000	3 665 000
Total Long-Term Debt	90 039 000	87 832 000	86 906 000	64 652 000
Creditors	1 068 000	4 107 000	2 719 000	764 000
Unpaid Taxes	142 000	0	0	233 000
Dividends	0	0	0	0
Other Current Debt	681 000	239 000	72 000	910 000
Total Current Debt	2 535 000	5 058 000	5 859 000	5 572 000
Total Equity and Debt	120 888 000	120 512 000	122 257 000	103 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,44 %	−6,77 %	−13,46 %	5 %
Debt-to-Equity Ratio	3,18	3,18	2,95	1,93
Operating Profit Margin	24,91 %	−13,78 %	−39,53 %	36,84 %
Current Ratio	6,11	3,54	3,69	1,62
Quick Ratio	6,11	3,54	3,69	1,62
Equity Ratio	0,23	0,23	0,24	0,32
Gross Profit Margin	99,43 %	100 %	100 %	100 %