TORNEVEIEN 25 AS

1454 FAGERSTRAND

Finances

Share Ownership

Return on Equity

−2,88 %

Current Ratio

1,4

Debt-to-Equity Ratio

8,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 638 000	2 872 000	2 611 000	2 540 000
Net Income	−13 000	176 000	250 000	9 000
Total Assets	5 091 000	4 935 000	5 136 000	4 694 000
Total Equity	452 000	465 000	289 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 638 000	2 872 000	2 611 000	2 540 000
Expenditure	4 626 000	2 586 000	2 259 000	2 530 000
Operating Profit	11 000	286 000	353 000	60 000
Financial Income	0	0	0	0
Financial Costs	156 000	0	56 000	48 000
Financial Balance	−156 000	0	−56 000	−48 000
Earnings Before Tax	−145 000	286 000	297 000	12 000
Tax	−132 000	111 000	47 000	3 000
Net Income	−13 000	176 000	250 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 196 000	3 934 000	4 052 000	4 171 000
Total Current Assets	896 000	1 002 000	1 084 000	523 000
Total Assets	5 091 000	4 935 000	5 136 000	4 694 000
Total Retained Equity	422 000	435 000	259 000	9 000
Total Equity	452 000	465 000	289 000	39 000
Total Long-Term Debt	4 000 000	4 027 000	4 508 000	4 503 000
Total Current Debt	639 000	443 000	338 000	152 000
Total Equity and Debt	5 091 000	4 935 000	5 136 000	4 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 638 000	2 872 000	2 611 000	2 468 000
Other Income	0	0	0	72 000
Revenue	4 638 000	2 872 000	2 611 000	2 540 000
Cost of Goods Sold	3 438 000	2 104 000	1 824 000	2 077 000
Salary Costs	1 000	0	0	0
Depreciation	132 000	119 000	119 000	107 000
Impairment	0	0	0	0
Expenditure	4 626 000	2 586 000	2 259 000	2 530 000
Operating Profit	11 000	286 000	353 000	60 000
Financial Income	0	0	0	0
Financial Costs	156 000	0	56 000	48 000
Financial Balance	−156 000	0	−56 000	−48 000
Dividends	0	0	0	0
Net Income	−13 000	176 000	250 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	78 000	0	0	0
Real Eastate	3 850 000	3 898 000	3 999 000	4 101 000
Machinery and Plant Facilities	267 000	36 000	53 000	70 000
Fixtures	0	0	0	0
Total Tangible Assets	4 117 000	3 934 000	4 052 000	4 171 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 196 000	3 934 000	4 052 000	4 171 000
Stock	123 000	420 000	296 000	49 000
Total Investments	0	0	0	0
Cash, Bank	398 000	462 000	643 000	372 000
Total Current Assets	896 000	1 002 000	1 084 000	523 000
Total Assets	5 091 000	4 935 000	5 136 000	4 694 000
Total Equity	452 000	465 000	289 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000 000	4 027 000	4 508 000	4 503 000
Creditors	44 000	350 000	286 000	50 000
Unpaid Taxes	−10 000	−25 000	−70 000	0
Dividends	0	0	0	0
Other Current Debt	605 000	56 000	81 000	102 000
Total Current Debt	639 000	443 000	338 000	152 000
Total Equity and Debt	5 091 000	4 935 000	5 136 000	4 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,88 %	37,85 %	86,51 %	23,08 %
Debt-to-Equity Ratio	8,85	8,66	15,6	115,46
Operating Profit Margin	0,24 %	9,96 %	13,52 %	2,36 %
Current Ratio	1,4	2,26	3,21	3,44
Quick Ratio	1,74	43,57	25,81	5,08
Equity Ratio	0,09	0,09	0,06	0,01
Gross Profit Margin	25,87 %	26,74 %	30,14 %	18,23 %