TORSTUMOEN BORETTSLAG

2870 DOKKA

Finances

Share Ownership

Return on Equity

37,1 %

Current Ratio

3,04

Debt-to-Equity Ratio

137,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	737 000	277 000	213 000	201 000
Net Income	151 000	74 000	−36 000	21 000
Total Assets	56 611 000	28 297 000	8 033 000	8 075 000
Total Equity	407 000	211 000	102 000	138 000

Income (NOK)	2022	2021	2020	2019
Revenue	737 000	277 000	213 000	201 000
Expenditure	237 000	126 000	163 000	91 000
Operating Profit	501 000	152 000	50 000	111 000
Financial Income	0	0	0	0
Financial Costs	350 000	78 000	86 000	90 000
Financial Balance	−350 000	−78 000	−86 000	−90 000
Earnings Before Tax	151 000	74 000	−36 000	21 000
Tax	0	0	0	0
Net Income	151 000	74 000	−36 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 990 000	28 000 000	7 900 000	7 900 000
Total Current Assets	621 000	297 000	133 000	175 000
Total Assets	56 611 000	28 297 000	8 033 000	8 075 000
Total Retained Equity	307 000	156 000	82 000	118 000
Total Equity	407 000	211 000	102 000	138 000
Total Long-Term Debt	56 000 000	28 010 000	7 900 000	7 900 000
Total Current Debt	204 000	76 000	32 000	37 000
Total Equity and Debt	56 611 000	28 297 000	8 033 000	8 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	737 000	277 000	213 000	201 000
Revenue	737 000	277 000	213 000	201 000
Cost of Goods Sold	10 000	7 000	6 000	0
Salary Costs	10 000	4 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	237 000	126 000	163 000	91 000
Operating Profit	501 000	152 000	50 000	111 000
Financial Income	0	0	0	0
Financial Costs	350 000	78 000	86 000	90 000
Financial Balance	−350 000	−78 000	−86 000	−90 000
Dividends	0	0	0	0
Net Income	151 000	74 000	−36 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	55 990 000	28 000 000	7 900 000	7 900 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	55 990 000	28 000 000	7 900 000	7 900 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	55 990 000	28 000 000	7 900 000	7 900 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	584 000	297 000	133 000	175 000
Total Current Assets	621 000	297 000	133 000	175 000
Total Assets	56 611 000	28 297 000	8 033 000	8 075 000
Total Equity	407 000	211 000	102 000	138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000 000	28 010 000	7 900 000	7 900 000
Creditors	38 000	38 000	6 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	166 000	38 000	26 000	23 000
Total Current Debt	204 000	76 000	32 000	37 000
Total Equity and Debt	56 611 000	28 297 000	8 033 000	8 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,1 %	35,07 %	−35,29 %	15,22 %
Debt-to-Equity Ratio	137,59	132,75	77,45	57,25
Operating Profit Margin	67,98 %	54,87 %	23,47 %	55,22 %
Current Ratio	3,04	3,91	4,16	4,73
Quick Ratio	3,04	3,91	4,16	4,73
Equity Ratio	0,01	0,01	0,01	0,02
Gross Profit Margin	98,64 %	97,47 %	97,18 %	100 %