TØRSET HOLDING AS

7093 TILLER

Finances

Share Ownership

Return on Equity

−24,07 %

Current Ratio

1,06

Debt-to-Equity Ratio

13,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	815 000	3 559 000	881 000	62 000
Net Income	−26 000	42 000	46 000	1 000
Total Assets	2 242 000	2 083 000	1 015 000	588 000
Total Equity	108 000	134 000	91 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	815 000	3 559 000	881 000	62 000
Expenditure	652 000	3 447 000	796 000	30 000
Operating Profit	164 000	112 000	84 000	32 000
Financial Income	0	0	0	0
Financial Costs	138 000	58 000	25 000	30 000
Financial Balance	−138 000	−58 000	−25 000	−30 000
Earnings Before Tax	26 000	54 000	59 000	2 000
Tax	52 000	12 000	13 000	0
Net Income	−26 000	42 000	46 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 567 000	1 121 000	773 000	421 000
Total Current Assets	675 000	961 000	243 000	167 000
Total Assets	2 242 000	2 083 000	1 015 000	588 000
Total Retained Equity	78 000	104 000	61 000	15 000
Total Equity	108 000	134 000	91 000	45 000
Total Long-Term Debt	1 498 000	1 349 000	970 000	543 000
Total Current Debt	636 000	601 000	−46 000	0
Total Equity and Debt	2 242 000	2 083 000	1 015 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	619 000	3 284 000	811 000	0
Other Income	197 000	275 000	70 000	62 000
Revenue	815 000	3 559 000	881 000	62 000
Cost of Goods Sold	100 000	2 185 000	559 000	0
Salary Costs	0	0	0	0
Depreciation	361 000	311 000	0	0
Impairment	0	0	0	0
Expenditure	652 000	3 447 000	796 000	30 000
Operating Profit	164 000	112 000	84 000	32 000
Financial Income	0	0	0	0
Financial Costs	138 000	58 000	25 000	30 000
Financial Balance	−138 000	−58 000	−25 000	−30 000
Dividends	0	0	0	0
Net Income	−26 000	42 000	46 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	535 000	714 000	992 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	579 000	585 000	0	637 000
Total Tangible Assets	1 114 000	1 299 000	992 000	637 000
Total Fiancial Fixed Assets	452 000	−178 000	−220 000	−216 000
Total Fixed Assets	1 567 000	1 121 000	773 000	421 000
Stock	80 000	80 000	80 000	0
Total Investments	0	0	0	0
Cash, Bank	4 000	79 000	145 000	0
Total Current Assets	675 000	961 000	243 000	167 000
Total Assets	2 242 000	2 083 000	1 015 000	588 000
Total Equity	108 000	134 000	91 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 498 000	1 349 000	970 000	543 000
Creditors	634 000	598 000	−38 000	0
Unpaid Taxes	2 000	−6 000	−19 000	0
Dividends	0	0	0	0
Other Current Debt	0	13 000	0	0
Total Current Debt	636 000	601 000	−46 000	0
Total Equity and Debt	2 242 000	2 083 000	1 015 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,07 %	31,34 %	50,55 %	2,22 %
Debt-to-Equity Ratio	13,87	10,07	10,66	12,07
Operating Profit Margin	20,12 %	3,15 %	9,53 %	51,61 %
Current Ratio	1,06	1,6	−5,28	-
Quick Ratio	1,21	1,84	−1,93	-
Equity Ratio	0,05	0,06	0,09	0,08
Gross Profit Margin	87,73 %	38,61 %	36,55 %	100 %