TORGET 5 BURGER AS

5053 BERGEN

Finances

Share Ownership

Return on Equity

38,2 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	920 000	1 357 000	1 126 000	14 000
Net Income	−686 000	−316 000	−604 000	−346 000
Total Assets	418 000	450 000	572 000	855 000
Total Equity	−1 796 000	−1 110 000	−794 000	−255 000

Income (NOK)	2022	2021	2020	2019
Revenue	920 000	1 357 000	1 126 000	14 000
Expenditure	1 530 000	1 616 000	1 666 000	328 000
Operating Profit	−610 000	−260 000	−540 000	−314 000
Financial Income	0	0	0	0
Financial Costs	76 000	56 000	64 000	32 000
Financial Balance	−76 000	−56 000	−64 000	−32 000
Earnings Before Tax	−686 000	−316 000	−604 000	−346 000
Tax	0	0	0	0
Net Income	−686 000	−316 000	−604 000	−346 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	326 000	408 000	510 000	506 000
Total Current Assets	92 000	42 000	63 000	349 000
Total Assets	418 000	450 000	572 000	855 000
Total Retained Equity	−1 887 000	−1 201 000	−885 000	−346 000
Total Equity	−1 796 000	−1 110 000	−794 000	−255 000
Total Long-Term Debt	888 000	991 000	1 100 000	897 000
Total Current Debt	1 326 000	569 000	267 000	213 000
Total Equity and Debt	418 000	450 000	572 000	855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	905 000	1 353 000	1 125 000	14 000
Other Income	15 000	4 000	1 000	0
Revenue	920 000	1 357 000	1 126 000	14 000
Cost of Goods Sold	989 000	1 080 000	773 000	0
Salary Costs	0	83 000	334 000	0
Depreciation	82 000	0	0	0
Impairment	0	102 000	116 000	36 000
Expenditure	1 530 000	1 616 000	1 666 000	328 000
Operating Profit	−610 000	−260 000	−540 000	−314 000
Financial Income	0	0	0	0
Financial Costs	76 000	56 000	64 000	32 000
Financial Balance	−76 000	−56 000	−64 000	−32 000
Dividends	0	0	0	0
Net Income	−686 000	−316 000	−604 000	−346 000

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	326 000	408 000	510 000	506 000
Total Tangible Assets	326 000	408 000	510 000	506 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	326 000	408 000	510 000	506 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	98 000	26 000	22 000	4 000
Total Current Assets	92 000	42 000	63 000	349 000
Total Assets	418 000	450 000	572 000	855 000
Total Equity	−1 796 000	−1 110 000	−794 000	−255 000
Short-Term Group Debt	360 000	487 000	148 000	200 000
Total Long-Term Debt	888 000	991 000	1 100 000	897 000
Creditors	966 000	82 000	31 000	13 000
Unpaid Taxes	0	0	33 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	55 000	0
Total Current Debt	1 326 000	569 000	267 000	213 000
Total Equity and Debt	418 000	450 000	572 000	855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,2 %	28,47 %	76,07 %	135,69 %
Debt-to-Equity Ratio	−0,49	−0,89	−1,39	−3,52
Operating Profit Margin	−66,3 %	−19,16 %	−47,96 %	−2 242,86 %
Current Ratio	0,07	0,07	0,24	1,64
Quick Ratio	0,07	0,07	0,24	1,64
Equity Ratio	−4,3	−2,47	−1,39	−0,3
Gross Profit Margin	−7,5 %	20,41 %	31,35 %	100 %