TORGGATA 6 AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

−2,2 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 000	827 000	997 000	1 039 000
Net Income	−130 000	230 000	623 000	218 000
Total Assets	6 585 000	6 955 000	9 494 000	9 731 000
Total Equity	5 920 000	5 897 000	5 906 000	5 283 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 000	827 000	997 000	1 039 000
Expenditure	592 000	519 000	414 000	426 000
Operating Profit	−170 000	308 000	583 000	612 000
Financial Income	3 000	13 000	275 000	107 000
Financial Costs	0	27 000	115 000	385 000
Financial Balance	3 000	−14 000	160 000	−278 000
Earnings Before Tax	−167 000	294 000	743 000	335 000
Tax	−37 000	65 000	120 000	117 000
Net Income	−130 000	230 000	623 000	218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 277 000	6 020 000	9 034 000	9 371 000
Total Current Assets	308 000	936 000	461 000	360 000
Total Assets	6 585 000	6 955 000	9 494 000	9 731 000
Total Retained Equity	2 564 000	2 694 000	2 703 000	2 080 000
Total Equity	5 920 000	5 897 000	5 906 000	5 283 000
Total Long-Term Debt	257 000	367 000	3 253 000	3 995 000
Total Current Debt	409 000	691 000	336 000	454 000
Total Equity and Debt	6 585 000	6 955 000	9 494 000	9 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	354 000	798 000	0	0
Other Income	68 000	29 000	997 000	1 039 000
Revenue	422 000	827 000	997 000	1 039 000
Cost of Goods Sold	211 000	28 000	0	0
Salary Costs	0	0	0	0
Depreciation	77 000	134 000	134 000	142 000
Impairment	0	0	0	0
Expenditure	592 000	519 000	414 000	426 000
Operating Profit	−170 000	308 000	583 000	612 000
Financial Income	3 000	13 000	275 000	107 000
Financial Costs	0	27 000	115 000	385 000
Financial Balance	3 000	−14 000	160 000	−278 000
Dividends	0	0	0	0
Net Income	−130 000	230 000	623 000	218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 277 000	6 020 000	6 153 000	6 287 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 277 000	6 020 000	6 153 000	6 287 000
Total Fiancial Fixed Assets	0	0	2 880 000	3 083 000
Total Fixed Assets	6 277 000	6 020 000	9 034 000	9 371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	444 000	0
Total Current Assets	308 000	936 000	461 000	360 000
Total Assets	6 585 000	6 955 000	9 494 000	9 731 000
Total Equity	5 920 000	5 897 000	5 906 000	5 283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	257 000	367 000	3 253 000	3 995 000
Creditors	48 000	41 000	195 000	208 000
Unpaid Taxes	0	4 000	0	10 000
Dividends	0	0	0	0
Other Current Debt	361 000	646 000	24 000	23 000
Total Current Debt	409 000	691 000	336 000	454 000
Total Equity and Debt	6 585 000	6 955 000	9 494 000	9 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,2 %	3,9 %	10,55 %	4,13 %
Debt-to-Equity Ratio	0,04	0,06	0,55	0,76
Operating Profit Margin	−40,28 %	37,24 %	58,48 %	58,9 %
Current Ratio	0,75	1,35	1,37	0,79
Quick Ratio	0,75	1,35	1,37	0,79
Equity Ratio	0,9	0,85	0,62	0,54
Gross Profit Margin	50 %	96,61 %	100 %	100 %