TORGET LARVIK AS

1170 OSLO

Finances

Return on Equity

37,94 %

Current Ratio

0,39

Debt-to-Equity Ratio

−14,75

Key figures (NOK)	2022	2021	2020
Revenue	1 869 000	1 010 000	684 000
Net Income	−631 000	−966 000	−96 000
Total Assets	23 787 000	23 104 000	23 910 000
Total Equity	−1 663 000	−1 032 000	−66 000

Income (NOK)	2022	2021	2020
Revenue	1 869 000	1 010 000	684 000
Expenditure	1 682 000	1 056 000	309 000
Operating Profit	187 000	−46 000	376 000
Financial Income	170 000	64 000	0
Financial Costs	988 000	956 000	500 000
Financial Balance	−818 000	−892 000	−500 000
Earnings Before Tax	−631 000	−937 000	−124 000
Tax	0	29 000	−29 000
Net Income	−631 000	−966 000	−96 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	23 422 000	22 991 000	23 881 000
Total Current Assets	365 000	114 000	29 000
Total Assets	23 787 000	23 104 000	23 910 000
Total Retained Equity	−1 693 000	−1 062 000	−96 000
Total Equity	−1 663 000	−1 032 000	−66 000
Total Long-Term Debt	24 521 000	24 021 000	23 829 000
Total Current Debt	929 000	115 000	147 000
Total Equity and Debt	23 787 000	23 104 000	23 910 000

Cash flow (NOK)	2022	2021	2020
Sales Income	364 000	78 000	684 000
Other Income	1 505 000	932 000	0
Revenue	1 869 000	1 010 000	684 000
Cost of Goods Sold	92 000	75 000	45 000
Salary Costs	0	0	0
Depreciation	382 000	380 000	0
Impairment	0	0	0
Expenditure	1 682 000	1 056 000	309 000
Operating Profit	187 000	−46 000	376 000
Financial Income	170 000	64 000	0
Financial Costs	988 000	956 000	500 000
Financial Balance	−818 000	−892 000	−500 000
Dividends	0	0	0
Net Income	−631 000	−966 000	−96 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	29 000
Real Eastate	19 040 000	18 608 000	18 988 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	19 040 000	18 608 000	18 988 000
Total Fiancial Fixed Assets	4 382 000	4 382 000	4 864 000
Total Fixed Assets	23 422 000	22 991 000	23 881 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	6 000	0
Total Current Assets	365 000	114 000	29 000
Total Assets	23 787 000	23 104 000	23 910 000
Total Equity	−1 663 000	−1 032 000	−66 000
Short-Term Group Debt	488 000	0	0
Total Long-Term Debt	24 521 000	24 021 000	23 829 000
Creditors	440 000	107 000	170 000
Unpaid Taxes	0	8 000	−29 000
Dividends	0	0	0
Other Current Debt	1 000	0	6 000
Total Current Debt	929 000	115 000	147 000
Total Equity and Debt	23 787 000	23 104 000	23 910 000

Financial indicators	2022	2021	2020
Return on Equity	37,94 %	93,6 %	145,45 %
Debt-to-Equity Ratio	−14,75	−23,28	−361,05
Operating Profit Margin	10,01 %	−4,55 %	54,97 %
Current Ratio	0,39	0,99	0,2
Quick Ratio	0,39	0,99	0,2
Equity Ratio	−0,07	−0,04	−0
Gross Profit Margin	95,08 %	92,57 %	93,42 %