TORVET-5 AS

1723 SARPSBORG

Finances

Share Ownership

Return on Equity

8,46 %

Current Ratio

1,72

Debt-to-Equity Ratio

56,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 490 000	1 454 000	1 322 000	1 306 000
Net Income	17 000	−37 000	−101 000	−52 000
Total Assets	11 604 000	11 963 000	11 901 000	12 033 000
Total Equity	201 000	184 000	221 000	321 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 490 000	1 454 000	1 322 000	1 306 000
Expenditure	1 231 000	1 325 000	1 227 000	1 147 000
Operating Profit	258 000	130 000	95 000	159 000
Financial Income	13 000	13 000	9 000	1 000
Financial Costs	254 000	189 000	205 000	222 000
Financial Balance	−241 000	−176 000	−196 000	−221 000
Earnings Before Tax	17 000	−46 000	−101 000	−63 000
Tax	0	−10 000	0	−11 000
Net Income	17 000	−37 000	−101 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 439 000	11 714 000	11 588 000	11 871 000
Total Current Assets	165 000	249 000	313 000	162 000
Total Assets	11 604 000	11 963 000	11 901 000	12 033 000
Total Retained Equity	−49 000	−66 000	−29 000	71 000
Total Equity	201 000	184 000	221 000	321 000
Total Long-Term Debt	11 307 000	11 689 000	11 614 000	11 665 000
Total Current Debt	96 000	90 000	66 000	47 000
Total Equity and Debt	11 604 000	11 963 000	11 901 000	12 033 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 000	0	0
Other Income	1 490 000	1 450 000	1 322 000	1 306 000
Revenue	1 490 000	1 454 000	1 322 000	1 306 000
Cost of Goods Sold	0	0	0	0
Salary Costs	90 000	90 000	102 000	105 000
Depreciation	275 000	314 000	283 000	283 000
Impairment	0	0	0	0
Expenditure	1 231 000	1 325 000	1 227 000	1 147 000
Operating Profit	258 000	130 000	95 000	159 000
Financial Income	13 000	13 000	9 000	1 000
Financial Costs	254 000	189 000	205 000	222 000
Financial Balance	−241 000	−176 000	−196 000	−221 000
Dividends	0	0	0	0
Net Income	17 000	−37 000	−101 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 251 000	11 470 000	11 560 000	11 805 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	188 000	244 000	28 000	66 000
Total Tangible Assets	11 439 000	11 714 000	11 588 000	11 871 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 439 000	11 714 000	11 588 000	11 871 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	150 000	201 000	223 000	137 000
Total Current Assets	165 000	249 000	313 000	162 000
Total Assets	11 604 000	11 963 000	11 901 000	12 033 000
Total Equity	201 000	184 000	221 000	321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 307 000	11 689 000	11 614 000	11 665 000
Creditors	15 000	49 000	17 000	11 000
Unpaid Taxes	39 000	23 000	30 000	17 000
Dividends	0	0	0	0
Other Current Debt	42 000	19 000	19 000	19 000
Total Current Debt	96 000	90 000	66 000	47 000
Total Equity and Debt	11 604 000	11 963 000	11 901 000	12 033 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,46 %	−20,11 %	−45,7 %	−16,2 %
Debt-to-Equity Ratio	56,25	63,53	52,55	36,34
Operating Profit Margin	17,32 %	8,94 %	7,19 %	12,17 %
Current Ratio	1,72	2,77	4,74	3,45
Quick Ratio	1,72	2,77	4,74	3,45
Equity Ratio	0,02	0,02	0,02	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %