TØRSTAD EIENDOM AS

2973 RYFOSS

Finances

Share Ownership

Return on Equity

26,22 %

Current Ratio

7,1

Debt-to-Equity Ratio

2,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	720 000	1 082 000	655 000	534 000
Net Income	291 000	309 000	34 000	99 000
Total Assets	4 541 000	4 591 000	4 390 000	4 599 000
Total Equity	1 110 000	818 000	510 000	475 000

Income (NOK)	2022	2021	2020	2019
Revenue	720 000	1 082 000	655 000	534 000
Expenditure	207 000	561 000	482 000	247 000
Operating Profit	514 000	521 000	173 000	287 000
Financial Income	1 000	0	14 000	11 000
Financial Costs	141 000	126 000	143 000	171 000
Financial Balance	−140 000	−126 000	−129 000	−160 000
Earnings Before Tax	373 000	396 000	44 000	127 000
Tax	82 000	87 000	10 000	28 000
Net Income	291 000	309 000	34 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 653 000	3 774 000	3 848 000	3 962 000
Total Current Assets	887 000	817 000	542 000	637 000
Total Assets	4 541 000	4 591 000	4 390 000	4 599 000
Total Retained Equity	620 000	329 000	20 000	−15 000
Total Equity	1 110 000	818 000	510 000	475 000
Total Long-Term Debt	3 306 000	3 572 000	3 839 000	4 092 000
Total Current Debt	125 000	201 000	42 000	33 000
Total Equity and Debt	4 541 000	4 591 000	4 390 000	4 599 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	362 000	0	0
Other Income	720 000	720 000	655 000	534 000
Revenue	720 000	1 082 000	655 000	534 000
Cost of Goods Sold	0	382 000	0	0
Salary Costs	0	0	0	0
Depreciation	133 000	125 000	124 000	124 000
Impairment	0	0	0	0
Expenditure	207 000	561 000	482 000	247 000
Operating Profit	514 000	521 000	173 000	287 000
Financial Income	1 000	0	14 000	11 000
Financial Costs	141 000	126 000	143 000	171 000
Financial Balance	−140 000	−126 000	−129 000	−160 000
Dividends	0	0	0	0
Net Income	291 000	309 000	34 000	99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	37 000	28 000	18 000
Real Eastate	3 518 000	3 633 000	3 748 000	3 863 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	105 000	72 000	81 000
Total Tangible Assets	3 605 000	3 737 000	3 820 000	3 944 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 653 000	3 774 000	3 848 000	3 962 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	880 000	810 000	419 000	227 000
Total Current Assets	887 000	817 000	542 000	637 000
Total Assets	4 541 000	4 591 000	4 390 000	4 599 000
Total Equity	1 110 000	818 000	510 000	475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 306 000	3 572 000	3 839 000	4 092 000
Creditors	1 000	1 000	0	3 000
Unpaid Taxes	29 000	103 000	22 000	21 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	125 000	201 000	42 000	33 000
Total Equity and Debt	4 541 000	4 591 000	4 390 000	4 599 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,22 %	37,78 %	6,67 %	20,84 %
Debt-to-Equity Ratio	2,98	4,37	7,53	8,61
Operating Profit Margin	71,39 %	48,15 %	26,41 %	53,75 %
Current Ratio	7,1	4,06	12,9	19,3
Quick Ratio	7,1	4,06	12,9	19,3
Equity Ratio	0,24	0,18	0,12	0,1
Gross Profit Margin	100 %	64,7 %	100 %	100 %