TORE FLORVAAG AS

6018 ÅLESUND

Finances

Return on Equity

−0,5 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−13 000	1 174 000	233 000	189 000
Total Assets	2 646 000	3 810 000	304 000	399 000
Total Equity	2 596 000	2 609 000	301 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	13 000	26 000	17 000	11 000
Operating Profit	−13 000	−26 000	−17 000	−11 000
Financial Income	0	1 200 000	250 000	200 000
Financial Costs	0	0	0	0
Financial Balance	0	1 200 000	250 000	200 000
Earnings Before Tax	−13 000	1 174 000	233 000	189 000
Tax	0	0	0	0
Net Income	−13 000	1 174 000	233 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 533 000	2 533 000	199 000	199 000
Total Current Assets	114 000	1 277 000	104 000	200 000
Total Assets	2 646 000	3 810 000	304 000	399 000
Total Retained Equity	63 000	76 000	102 000	69 000
Total Equity	2 596 000	2 609 000	301 000	268 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	50 000	1 201 000	3 000	131 000
Total Equity and Debt	2 646 000	3 810 000	304 000	399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 000	26 000	17 000	11 000
Operating Profit	−13 000	−26 000	−17 000	−11 000
Financial Income	0	1 200 000	250 000	200 000
Financial Costs	0	0	0	0
Financial Balance	0	1 200 000	250 000	200 000
Dividends	0	0	0	120 000
Net Income	−13 000	1 174 000	233 000	189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 533 000	2 533 000	199 000	199 000
Total Fixed Assets	2 533 000	2 533 000	199 000	199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	114 000	77 000	5 000	200 000
Total Current Assets	114 000	1 277 000	104 000	200 000
Total Assets	2 646 000	3 810 000	304 000	399 000
Total Equity	2 596 000	2 609 000	301 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	120 000
Other Current Debt	50 000	0	0	11 000
Total Current Debt	50 000	1 201 000	3 000	131 000
Total Equity and Debt	2 646 000	3 810 000	304 000	399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,5 %	45 %	77,41 %	70,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,28	1,06	34,67	1,53
Quick Ratio	2,28	1,06	34,67	1,53
Equity Ratio	0,98	0,68	0,99	0,67
Gross Profit Margin	-	-	-	-