TORVET 5 TEIE AS

3174 REVETAL

Finances

Share Ownership

Return on Equity

−2,35 %

Current Ratio

2,66

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 730 000	3 553 000	3 535 000	3 472 000
Net Income	−478 000	67 000	−49 000	−297 000
Total Assets	52 595 000	54 371 000	56 483 000	58 246 000
Total Equity	20 312 000	21 790 000	22 723 000	23 772 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 730 000	3 553 000	3 535 000	3 472 000
Expenditure	2 768 000	2 914 000	2 836 000	2 875 000
Operating Profit	963 000	639 000	698 000	597 000
Financial Income	46 000	12 000	25 000	30 000
Financial Costs	1 037 000	564 000	786 000	1 007 000
Financial Balance	−991 000	−552 000	−761 000	−977 000
Earnings Before Tax	−28 000	87 000	−63 000	−380 000
Tax	450 000	20 000	−14 000	−84 000
Net Income	−478 000	67 000	−49 000	−297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 840 000	51 697 000	53 926 000	55 962 000
Total Current Assets	3 755 000	2 674 000	2 558 000	2 284 000
Total Assets	52 595 000	54 371 000	56 483 000	58 246 000
Total Retained Equity	0	67 000	0	0
Total Equity	20 312 000	21 790 000	22 723 000	23 772 000
Total Long-Term Debt	30 870 000	31 950 000	33 030 000	34 110 000
Total Current Debt	1 414 000	632 000	731 000	365 000
Total Equity and Debt	52 595 000	54 371 000	56 483 000	58 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 730 000	3 553 000	3 535 000	3 472 000
Revenue	3 730 000	3 553 000	3 535 000	3 472 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 733 000	2 719 000	2 715 000	2 715 000
Impairment	0	0	0	0
Expenditure	2 768 000	2 914 000	2 836 000	2 875 000
Operating Profit	963 000	639 000	698 000	597 000
Financial Income	46 000	12 000	25 000	30 000
Financial Costs	1 037 000	564 000	786 000	1 007 000
Financial Balance	−991 000	−552 000	−761 000	−977 000
Dividends	0	0	0	0
Net Income	−478 000	67 000	−49 000	−297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	272 000	213 000	199 000
Real Eastate	48 840 000	51 425 000	53 713 000	55 763 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	48 840 000	51 425 000	53 713 000	55 763 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 840 000	51 697 000	53 926 000	55 962 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 689 000	2 175 000	2 508 000	2 054 000
Total Current Assets	3 755 000	2 674 000	2 558 000	2 284 000
Total Assets	52 595 000	54 371 000	56 483 000	58 246 000
Total Equity	20 312 000	21 790 000	22 723 000	23 772 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 870 000	31 950 000	33 030 000	34 110 000
Creditors	102 000	240 000	75 000	59 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 133 000	313 000	656 000	306 000
Total Current Debt	1 414 000	632 000	731 000	365 000
Total Equity and Debt	52 595 000	54 371 000	56 483 000	58 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,35 %	0,31 %	−0,22 %	−1,25 %
Debt-to-Equity Ratio	1,52	1,47	1,45	1,43
Operating Profit Margin	25,82 %	17,98 %	19,75 %	17,19 %
Current Ratio	2,66	4,23	3,5	6,26
Quick Ratio	2,66	4,23	3,5	6,26
Equity Ratio	0,39	0,4	0,4	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %