TORBJØRNSBU EIENDOM AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

130,87 %

Current Ratio

85,5

Debt-to-Equity Ratio

−15,98

Key figures (NOK)	2022	2021	2020
Revenue	440 000	272 000	132 000
Net Income	−496 000	−494 000	−22 000
Total Assets	5 681 000	6 144 000	5 688 000
Total Equity	−379 000	117 000	30 000

Income (NOK)	2022	2021	2020
Revenue	440 000	272 000	132 000
Expenditure	744 000	572 000	151 000
Operating Profit	−304 000	−301 000	−19 000
Financial Income	0	0	0
Financial Costs	217 000	169 000	3 000
Financial Balance	−217 000	−169 000	−3 000
Earnings Before Tax	−520 000	−470 000	−22 000
Tax	−24 000	24 000	0
Net Income	−496 000	−494 000	−22 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 511 000	5 522 000	0
Total Current Assets	171 000	622 000	5 688 000
Total Assets	5 681 000	6 144 000	5 688 000
Total Retained Equity	−409 000	87 000	0
Total Equity	−379 000	117 000	30 000
Total Long-Term Debt	6 058 000	6 009 000	5 650 000
Total Current Debt	2 000	18 000	8 000
Total Equity and Debt	5 681 000	6 144 000	5 688 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	132 000
Other Income	440 000	272 000	0
Revenue	440 000	272 000	132 000
Cost of Goods Sold	0	0	132 000
Salary Costs	0	0	0
Depreciation	142 000	134 000	0
Impairment	0	0	0
Expenditure	744 000	572 000	151 000
Operating Profit	−304 000	−301 000	−19 000
Financial Income	0	0	0
Financial Costs	217 000	169 000	3 000
Financial Balance	−217 000	−169 000	−3 000
Dividends	0	0	0
Net Income	−496 000	−494 000	−22 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 315 000	5 426 000	0
Machinery and Plant Facilities	124 000	0	0
Fixtures	72 000	96 000	0
Total Tangible Assets	5 511 000	5 522 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 511 000	5 522 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	93 000	17 000	5 665 000
Total Current Assets	171 000	622 000	5 688 000
Total Assets	5 681 000	6 144 000	5 688 000
Total Equity	−379 000	117 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 058 000	6 009 000	5 650 000
Creditors	1 000	0	3 000
Unpaid Taxes	0	10 000	0
Dividends	0	0	0
Other Current Debt	2 000	8 000	5 000
Total Current Debt	2 000	18 000	8 000
Total Equity and Debt	5 681 000	6 144 000	5 688 000

Financial indicators	2022	2021	2020
Return on Equity	130,87 %	−422,22 %	−73,33 %
Debt-to-Equity Ratio	−15,98	51,36	188,33
Operating Profit Margin	−69,09 %	−110,66 %	−14,39 %
Current Ratio	85,5	34,56	711
Quick Ratio	85,5	34,56	711
Equity Ratio	−0,07	0,02	0,01
Gross Profit Margin	100 %	100 %	0 %