TORBJØRNSBU UTVIKLING AS

4839 ARENDAL

Finances

Share Ownership

Return on Equity

83 %

Current Ratio

0,28

Debt-to-Equity Ratio

35,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	320 000	318 000	282 000	80 000
Net Income	83 000	108 000	−15 000	−155 000
Total Assets	3 897 000	3 970 000	3 971 000	3 637 000
Total Equity	100 000	100 000	84 000	98 000

Income (NOK)	2022	2021	2020	2019
Revenue	320 000	318 000	282 000	80 000
Expenditure	72 000	98 000	183 000	119 000
Operating Profit	248 000	220 000	99 000	−39 000
Financial Income	0	0	0	3 000
Financial Costs	142 000	79 000	118 000	120 000
Financial Balance	−142 000	−79 000	−118 000	−117 000
Earnings Before Tax	106 000	141 000	−19 000	−155 000
Tax	23 000	33 000	−4 000	0
Net Income	83 000	108 000	−15 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 817 000	3 817 000	3 822 000	3 305 000
Total Current Assets	80 000	152 000	149 000	332 000
Total Assets	3 897 000	3 970 000	3 971 000	3 637 000
Total Retained Equity	0	0	−143 000	−129 000
Total Equity	100 000	100 000	84 000	98 000
Total Long-Term Debt	3 514 000	3 681 000	3 800 000	3 400 000
Total Current Debt	283 000	188 000	87 000	139 000
Total Equity and Debt	3 897 000	3 970 000	3 971 000	3 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	320 000	318 000	282 000	80 000
Revenue	320 000	318 000	282 000	80 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	52 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	72 000	98 000	183 000	119 000
Operating Profit	248 000	220 000	99 000	−39 000
Financial Income	0	0	0	3 000
Financial Costs	142 000	79 000	118 000	120 000
Financial Balance	−142 000	−79 000	−118 000	−117 000
Dividends	0	0	0	0
Net Income	83 000	108 000	−15 000	−155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
Real Eastate	3 817 000	3 817 000	3 817 000	3 304 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 817 000	3 817 000	3 817 000	3 304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 817 000	3 817 000	3 822 000	3 305 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	37 000	35 000	16 000
Total Current Assets	80 000	152 000	149 000	332 000
Total Assets	3 897 000	3 970 000	3 971 000	3 637 000
Total Equity	100 000	100 000	84 000	98 000
Short-Term Group Debt	203 000	117 000	0	0
Total Long-Term Debt	3 514 000	3 681 000	3 800 000	3 400 000
Creditors	1 000	5 000	0	97 000
Unpaid Taxes	0	0	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	79 000	63 000	86 000	41 000
Total Current Debt	283 000	188 000	87 000	139 000
Total Equity and Debt	3 897 000	3 970 000	3 971 000	3 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83 %	108 %	−17,86 %	−158,16 %
Debt-to-Equity Ratio	35,14	36,81	45,24	34,69
Operating Profit Margin	77,5 %	69,18 %	35,11 %	−48,75 %
Current Ratio	0,28	0,81	1,71	2,39
Quick Ratio	0,28	0,81	1,71	2,39
Equity Ratio	0,03	0,03	0,02	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %