TORGGATA 9 SKIEN AS

3724 SKIEN

Finances

Share Ownership

Return on Equity

495,45 %

Current Ratio

1,09

Debt-to-Equity Ratio

70,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	423 000	344 000	325 000	446 000
Net Income	109 000	−29 000	−140 000	−93 000
Total Assets	1 812 000	1 764 000	2 868 000	2 685 000
Total Equity	22 000	−87 000	−58 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	423 000	344 000	325 000	446 000
Expenditure	283 000	380 000	370 000	462 000
Operating Profit	140 000	−37 000	−44 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	0	78 000	103 000
Financial Balance	0	0	−78 000	−103 000
Earnings Before Tax	140 000	−37 000	−123 000	−119 000
Tax	31 000	−8 000	18 000	−26 000
Net Income	109 000	−29 000	−140 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 543 000	1 471 000	1 522 000	1 403 000
Total Current Assets	269 000	293 000	1 346 000	1 282 000
Total Assets	1 812 000	1 764 000	2 868 000	2 685 000
Total Retained Equity	−179 000	−288 000	−259 000	−119 000
Total Equity	22 000	−87 000	−58 000	82 000
Total Long-Term Debt	1 543 000	1 569 000	2 513 000	2 500 000
Total Current Debt	247 000	282 000	413 000	103 000
Total Equity and Debt	1 812 000	1 764 000	2 868 000	2 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	36 000	12 000	0
Other Income	375 000	308 000	313 000	446 000
Revenue	423 000	344 000	325 000	446 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	10 000	42 000	51 000	51 000
Impairment	0	0	0	0
Expenditure	283 000	380 000	370 000	462 000
Operating Profit	140 000	−37 000	−44 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	0	78 000	103 000
Financial Balance	0	0	−78 000	−103 000
Dividends	0	0	0	0
Net Income	109 000	−29 000	−140 000	−93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	1 431 000	1 358 000	1 401 000	1 388 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 431 000	1 358 000	1 401 000	1 388 000
Total Fiancial Fixed Assets	113 000	113 000	121 000	0
Total Fixed Assets	1 543 000	1 471 000	1 522 000	1 403 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	156 000	75 000	11 000
Total Current Assets	269 000	293 000	1 346 000	1 282 000
Total Assets	1 812 000	1 764 000	2 868 000	2 685 000
Total Equity	22 000	−87 000	−58 000	82 000
Short-Term Group Debt	180 000	180 000	359 000	0
Total Long-Term Debt	1 543 000	1 569 000	2 513 000	2 500 000
Creditors	46 000	98 000	54 000	56 000
Unpaid Taxes	17 000	5 000	0	18 000
Dividends	0	0	0	0
Other Current Debt	5 000	0	0	18 000
Total Current Debt	247 000	282 000	413 000	103 000
Total Equity and Debt	1 812 000	1 764 000	2 868 000	2 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	495,45 %	33,33 %	241,38 %	−113,41 %
Debt-to-Equity Ratio	70,14	−18,03	−43,33	30,49
Operating Profit Margin	33,1 %	−10,76 %	−13,54 %	−3,59 %
Current Ratio	1,09	1,04	3,26	12,45
Quick Ratio	1,09	1,04	3,26	12,45
Equity Ratio	0,01	−0,05	−0,02	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %