TORVET 1 AS

0152 OSLO

Finances

Share Ownership

Return on Equity

−12,28 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 759 000	7 022 000	6 413 000	5 864 000
Net Income	−1 753 000	−640 000	−1 753 000	−3 542 000
Total Assets	64 539 000	68 674 000	75 722 000	99 273 000
Total Equity	14 281 000	16 033 000	16 674 000	16 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 759 000	7 022 000	6 413 000	5 864 000
Expenditure	7 385 000	6 777 000	7 145 000	8 090 000
Operating Profit	−626 000	245 000	−732 000	−2 226 000
Financial Income	0	0	61 000	4 000
Financial Costs	1 622 000	1 066 000	1 575 000	2 318 000
Financial Balance	−1 622 000	−1 066 000	−1 514 000	−2 314 000
Earnings Before Tax	−2 247 000	−821 000	−2 247 000	−4 540 000
Tax	−494 000	−181 000	−494 000	−999 000
Net Income	−1 753 000	−640 000	−1 753 000	−3 542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 636 000	67 546 000	72 129 000	75 741 000
Total Current Assets	903 000	1 128 000	3 594 000	23 532 000
Total Assets	64 539 000	68 674 000	75 722 000	99 273 000
Total Retained Equity	−14 642 000	−12 889 000	−12 248 000	−10 496 000
Total Equity	14 281 000	16 033 000	16 674 000	16 231 000
Total Long-Term Debt	1 136 000	1 630 000	1 811 000	1 686 000
Total Current Debt	49 122 000	51 011 000	57 237 000	81 355 000
Total Equity and Debt	64 539 000	68 674 000	75 722 000	99 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 701 000	6 654 000	5 786 000	5 363 000
Other Income	58 000	368 000	627 000	502 000
Revenue	6 759 000	7 022 000	6 413 000	5 864 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 083 000	4 060 000	4 096 000	4 739 000
Impairment	0	0	0	0
Expenditure	7 385 000	6 777 000	7 145 000	8 090 000
Operating Profit	−626 000	245 000	−732 000	−2 226 000
Financial Income	0	0	61 000	4 000
Financial Costs	1 622 000	1 066 000	1 575 000	2 318 000
Financial Balance	−1 622 000	−1 066 000	−1 514 000	−2 314 000
Dividends	0	0	0	0
Net Income	−1 753 000	−640 000	−1 753 000	−3 542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	63 636 000	67 546 000	72 129 000	75 741 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	63 636 000	67 546 000	72 129 000	75 741 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	63 636 000	67 546 000	72 129 000	75 741 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	22 000	22 000	22 000
Total Current Assets	903 000	1 128 000	3 594 000	23 532 000
Total Assets	64 539 000	68 674 000	75 722 000	99 273 000
Total Equity	14 281 000	16 033 000	16 674 000	16 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 136 000	1 630 000	1 811 000	1 686 000
Creditors	182 000	451 000	132 000	520 000
Unpaid Taxes	178 000	154 000	149 000	113 000
Dividends	0	0	0	0
Other Current Debt	48 763 000	50 406 000	56 957 000	80 722 000
Total Current Debt	49 122 000	51 011 000	57 237 000	81 355 000
Total Equity and Debt	64 539 000	68 674 000	75 722 000	99 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,28 %	−3,99 %	−10,51 %	−21,82 %
Debt-to-Equity Ratio	0,08	0,1	0,11	0,1
Operating Profit Margin	−9,26 %	3,49 %	−11,41 %	−37,96 %
Current Ratio	0,02	0,02	0,06	0,29
Quick Ratio	0,02	0,02	0,06	0,29
Equity Ratio	0,22	0,23	0,22	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %