TORGEIR VRAAS PLASS 5 AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

−4,33 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	216 000	357 000	666 000
Net Income	−651 000	−497 000	−649 000
Total Assets	17 003 000	16 630 000	16 612 000
Total Equity	15 038 000	15 689 000	16 186 000

Income (NOK)	2022	2021	2020
Revenue	216 000	357 000	666 000
Expenditure	1 215 000	1 082 000	1 141 000
Operating Profit	−999 000	−725 000	−475 000
Financial Income	183 000	156 000	160 000
Financial Costs	19 000	0	0
Financial Balance	164 000	156 000	160 000
Earnings Before Tax	−835 000	−569 000	−315 000
Tax	−184 000	−72 000	334 000
Net Income	−651 000	−497 000	−649 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	16 861 000	16 488 000	9 891 000
Total Current Assets	142 000	142 000	6 722 000
Total Assets	17 003 000	16 630 000	16 612 000
Total Retained Equity	−1 371 000	−720 000	−222 000
Total Equity	15 038 000	15 689 000	16 186 000
Total Long-Term Debt	727 000	209 000	334 000
Total Current Debt	1 238 000	732 000	92 000
Total Equity and Debt	17 003 000	16 630 000	16 612 000

Cash flow (NOK)	2022	2021	2020
Sales Income	216 000	357 000	666 000
Other Income	0	0	0
Revenue	216 000	357 000	666 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	385 000	385 000	384 000
Impairment	0	0	0
Expenditure	1 215 000	1 082 000	1 141 000
Operating Profit	−999 000	−725 000	−475 000
Financial Income	183 000	156 000	160 000
Financial Costs	19 000	0	0
Financial Balance	164 000	156 000	160 000
Dividends	0	0	0
Net Income	−651 000	−497 000	−649 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	10 028 000	9 877 000	9 891 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	10 028 000	9 877 000	9 891 000
Total Fiancial Fixed Assets	6 833 000	6 611 000	0
Total Fixed Assets	16 861 000	16 488 000	9 891 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	119 000	20 000	860 000
Total Current Assets	142 000	142 000	6 722 000
Total Assets	17 003 000	16 630 000	16 612 000
Total Equity	15 038 000	15 689 000	16 186 000
Short-Term Group Debt	0	240 000	51 000
Total Long-Term Debt	727 000	209 000	334 000
Creditors	268 000	69 000	41 000
Unpaid Taxes	9 000	0	0
Dividends	0	0	0
Other Current Debt	961 000	371 000	0
Total Current Debt	1 238 000	732 000	92 000
Total Equity and Debt	17 003 000	16 630 000	16 612 000

Financial indicators	2022	2021	2020
Return on Equity	−4,33 %	−3,17 %	−4,01 %
Debt-to-Equity Ratio	0,05	0,01	0,02
Operating Profit Margin	−462,5 %	−203,08 %	−71,32 %
Current Ratio	0,11	0,19	73,07
Quick Ratio	0,11	0,19	73,07
Equity Ratio	0,88	0,94	0,97
Gross Profit Margin	100 %	100 %	100 %