TORSNES EIENDOMSSELSKAP AS

1605 FREDRIKSTAD

Finances

Return on Equity

69,16 %

Current Ratio

12,46

Debt-to-Equity Ratio

−59,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−148 000	−69 000	−20 000	0
Total Assets	13 549 000	7 882 000	2 899 000	38 000
Total Equity	−214 000	−66 000	4 000	24 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	117 000	72 000	21 000
Operating Profit	−117 000	−72 000	−21 000
Financial Income	57 000	52 000	4 000
Financial Costs	87 000	50 000	4 000
Financial Balance	−30 000	2 000	0
Earnings Before Tax	−148 000	−69 000	−20 000
Tax	0	0	0
Net Income	−148 000	−69 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 563 000	1 522 000	1 369 000	0
Total Current Assets	11 985 000	6 360 000	1 529 000	38 000
Total Assets	13 549 000	7 882 000	2 899 000	38 000
Total Retained Equity	−238 000	−90 000	−21 000	0
Total Equity	−214 000	−66 000	4 000	24 000
Total Long-Term Debt	12 801 000	7 356 000	2 895 000	0
Total Current Debt	962 000	591 000	0	14 000
Total Equity and Debt	13 549 000	7 882 000	2 899 000	38 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	117 000	72 000	21 000
Operating Profit	−117 000	−72 000	−21 000
Financial Income	57 000	52 000	4 000
Financial Costs	87 000	50 000	4 000
Financial Balance	−30 000	2 000	0
Dividends	0	0	0
Net Income	−148 000	−69 000	−20 000

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	1 563 000	1 522 000	1 369 000	0
Total Fixed Assets	1 563 000	1 522 000	1 369 000	0
Stock	11 926 000	5 809 000	1 519 000	0
Total Investments	0	0	0	0
Cash, Bank	42 000	552 000	10 000	16 000
Total Current Assets	11 985 000	6 360 000	1 529 000	38 000
Total Assets	13 549 000	7 882 000	2 899 000	38 000
Total Equity	−214 000	−66 000	4 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 801 000	7 356 000	2 895 000	0
Creditors	712 000	591 000	0	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	250 000	0	0	0
Total Current Debt	962 000	591 000	0	14 000
Total Equity and Debt	13 549 000	7 882 000	2 899 000	38 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,16 %	104,55 %	−500 %	0 %
Debt-to-Equity Ratio	−59,82	−111,45	723,75	0
Operating Profit Margin	-	-	-	-
Current Ratio	12,46	10,76	-	2,71
Quick Ratio	−1,09	−1,22	−1,01	2,71
Equity Ratio	−0,02	−0,01	0	0,63
Gross Profit Margin	-	-	-	-