TORVGATEN 5 AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

−65,68 %

Current Ratio

1,25

Debt-to-Equity Ratio

31,93

Key figures (NOK)	2022	2021	2020
Revenue	1 372 000	1 439 000	1 123 000
Net Income	−421 000	47 000	157 000
Total Assets	21 714 000	16 255 000	15 698 000
Total Equity	641 000	1 063 000	1 303 000

Income (NOK)	2022	2021	2020
Revenue	1 372 000	1 439 000	1 123 000
Expenditure	1 420 000	1 118 000	1 021 000
Operating Profit	−48 000	321 000	102 000
Financial Income	0	0	0
Financial Costs	492 000	261 000	291 000
Financial Balance	−492 000	−261 000	−291 000
Earnings Before Tax	−540 000	60 000	−189 000
Tax	−119 000	13 000	−345 000
Net Income	−421 000	47 000	157 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	20 953 000	15 963 000	15 367 000
Total Current Assets	760 000	292 000	330 000
Total Assets	21 714 000	16 255 000	15 698 000
Total Retained Equity	−554 000	−132 000	108 000
Total Equity	641 000	1 063 000	1 303 000
Total Long-Term Debt	20 466 000	14 574 000	13 992 000
Total Current Debt	606 000	618 000	402 000
Total Equity and Debt	21 714 000	16 255 000	15 698 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 372 000	1 439 000	1 123 000
Other Income	0	0	0
Revenue	1 372 000	1 439 000	1 123 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	865 000	721 000	738 000
Impairment	0	0	0
Expenditure	1 420 000	1 118 000	1 021 000
Operating Profit	−48 000	321 000	102 000
Financial Income	0	0	0
Financial Costs	492 000	261 000	291 000
Financial Balance	−492 000	−261 000	−291 000
Dividends	0	0	0
Net Income	−421 000	47 000	157 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	20 953 000	15 963 000	15 367 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	20 953 000	15 963 000	15 367 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	20 953 000	15 963 000	15 367 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	340 000	243 000	303 000
Total Current Assets	760 000	292 000	330 000
Total Assets	21 714 000	16 255 000	15 698 000
Total Equity	641 000	1 063 000	1 303 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	20 466 000	14 574 000	13 992 000
Creditors	404 000	9 000	203 000
Unpaid Taxes	0	0	5 000
Dividends	0	0	0
Other Current Debt	202 000	609 000	194 000
Total Current Debt	606 000	618 000	402 000
Total Equity and Debt	21 714 000	16 255 000	15 698 000

Financial indicators	2022	2021	2020
Return on Equity	−65,68 %	4,42 %	12,05 %
Debt-to-Equity Ratio	31,93	13,71	10,74
Operating Profit Margin	−3,5 %	22,31 %	9,08 %
Current Ratio	1,25	0,47	0,82
Quick Ratio	1,25	0,47	0,82
Equity Ratio	0,03	0,07	0,08
Gross Profit Margin	100 %	100 %	100 %