TRUSTEN AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

2,26 %

Current Ratio

0,6

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	715 000	696 000	671 000	671 000
Net Income	126 000	92 000	−18 000	53 000
Total Assets	15 288 000	15 204 000	15 060 000	15 060 000
Total Equity	5 576 000	5 651 000	5 559 000	5 577 000

Income (NOK)	2022	2021	2020	2019
Revenue	715 000	696 000	671 000	671 000
Expenditure	315 000	353 000	443 000	358 000
Operating Profit	400 000	344 000	227 000	313 000
Financial Income	4 000	8 000	4 000	2 000
Financial Costs	242 000	234 000	250 000	246 000
Financial Balance	−238 000	−226 000	−246 000	−244 000
Earnings Before Tax	161 000	119 000	−18 000	69 000
Tax	35 000	27 000	0	15 000
Net Income	126 000	92 000	−18 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 060 000	15 060 000	15 060 000	15 060 000
Total Current Assets	229 000	144 000	0	0
Total Assets	15 288 000	15 204 000	15 060 000	15 060 000
Total Retained Equity	326 000	401 000	309 000	327 000
Total Equity	5 576 000	5 651 000	5 559 000	5 577 000
Total Long-Term Debt	9 330 000	9 394 000	9 098 000	9 098 000
Total Current Debt	382 000	159 000	402 000	384 000
Total Equity and Debt	15 288 000	15 204 000	15 060 000	15 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	715 000	696 000	671 000	671 000
Revenue	715 000	696 000	671 000	671 000
Cost of Goods Sold	39 000	37 000	32 000	15 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	315 000	353 000	443 000	358 000
Operating Profit	400 000	344 000	227 000	313 000
Financial Income	4 000	8 000	4 000	2 000
Financial Costs	242 000	234 000	250 000	246 000
Financial Balance	−238 000	−226 000	−246 000	−244 000
Dividends	200 000	0	0	0
Net Income	126 000	92 000	−18 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 060 000	15 060 000	15 060 000	15 060 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 060 000	15 060 000	15 060 000	15 060 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 060 000	15 060 000	15 060 000	15 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	229 000	144 000	0	0
Total Assets	15 288 000	15 204 000	15 060 000	15 060 000
Total Equity	5 576 000	5 651 000	5 559 000	5 577 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 330 000	9 394 000	9 098 000	9 098 000
Creditors	52 000	0	3 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	200 000	0	0	0
Other Current Debt	37 000	33 000	327 000	327 000
Total Current Debt	382 000	159 000	402 000	384 000
Total Equity and Debt	15 288 000	15 204 000	15 060 000	15 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,26 %	1,63 %	−0,32 %	0,95 %
Debt-to-Equity Ratio	1,67	1,66	1,64	1,63
Operating Profit Margin	55,94 %	49,43 %	33,83 %	46,65 %
Current Ratio	0,6	0,91	0	0
Quick Ratio	0,6	0,91	0	0
Equity Ratio	0,36	0,37	0,37	0,37
Gross Profit Margin	94,55 %	94,68 %	95,23 %	97,76 %