TORSHEIM BORETTSLAG

7650 VERDAL

Finances

Share Ownership

Return on Equity

−36,07 %

Current Ratio

5,83

Debt-to-Equity Ratio

78,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	585 000	580 000	644 000	602 000
Net Income	−101 000	34 000	108 000	46 000
Total Assets	22 258 000	22 357 000	22 313 000	22 217 000
Total Equity	280 000	381 000	347 000	239 000

Income (NOK)	2022	2021	2020	2019
Revenue	585 000	580 000	644 000	602 000
Expenditure	300 000	287 000	239 000	228 000
Operating Profit	285 000	293 000	405 000	373 000
Financial Income	0	0	0	1 000
Financial Costs	−387 000	−259 000	−297 000	−327 000
Financial Balance	387 000	259 000	297 000	328 000
Earnings Before Tax	−101 000	34 000	108 000	46 000
Tax	0	0	0	0
Net Income	−101 000	34 000	108 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 920 000	21 920 000	21 920 000	21 920 000
Total Current Assets	338 000	437 000	393 000	297 000
Total Assets	22 258 000	22 357 000	22 313 000	22 217 000
Total Retained Equity	240 000	341 000	307 000	199 000
Total Equity	280 000	381 000	347 000	239 000
Total Long-Term Debt	21 920 000	21 920 000	21 920 000	21 920 000
Total Current Debt	58 000	56 000	46 000	58 000
Total Equity and Debt	22 258 000	22 357 000	22 313 000	22 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	585 000	580 000	644 000	602 000
Other Income	0	0	0	0
Revenue	585 000	580 000	644 000	602 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 000	14 000	14 000	14 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	300 000	287 000	239 000	228 000
Operating Profit	285 000	293 000	405 000	373 000
Financial Income	0	0	0	1 000
Financial Costs	−387 000	−259 000	−297 000	−327 000
Financial Balance	387 000	259 000	297 000	328 000
Dividends	0	0	0	0
Net Income	−101 000	34 000	108 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 920 000	21 920 000	21 920 000	21 920 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 920 000	21 920 000	21 920 000	21 920 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 920 000	21 920 000	21 920 000	21 920 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	309 000	400 000	358 000	274 000
Total Current Assets	338 000	437 000	393 000	297 000
Total Assets	22 258 000	22 357 000	22 313 000	22 217 000
Total Equity	280 000	381 000	347 000	239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 920 000	21 920 000	21 920 000	21 920 000
Creditors	53 000	45 000	36 000	55 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	11 000	10 000	3 000
Total Current Debt	58 000	56 000	46 000	58 000
Total Equity and Debt	22 258 000	22 357 000	22 313 000	22 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,07 %	8,92 %	31,12 %	19,25 %
Debt-to-Equity Ratio	78,29	57,53	63,17	91,72
Operating Profit Margin	48,72 %	50,52 %	62,89 %	61,96 %
Current Ratio	5,83	7,8	8,54	5,12
Quick Ratio	5,83	7,8	8,54	5,12
Equity Ratio	0,01	0,02	0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %