TORMATIC EIENDOM AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

12,16 %

Current Ratio

1,58

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	476 000	627 000	745 000	627 000
Net Income	170 000	304 000	429 000	338 000
Total Assets	5 629 000	5 310 000	5 029 000	4 564 000
Total Equity	1 398 000	3 227 000	2 923 000	2 494 000

Income (NOK)	2022	2021	2020	2019
Revenue	476 000	627 000	745 000	627 000
Expenditure	215 000	197 000	157 000	159 000
Operating Profit	261 000	431 000	589 000	468 000
Financial Income	0	0	1 000	4 000
Financial Costs	43 000	41 000	40 000	39 000
Financial Balance	−43 000	−41 000	−39 000	−35 000
Earnings Before Tax	218 000	390 000	550 000	433 000
Tax	48 000	86 000	121 000	95 000
Net Income	170 000	304 000	429 000	338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 916 000	2 008 000	2 100 000	2 192 000
Total Current Assets	3 713 000	3 302 000	2 929 000	2 372 000
Total Assets	5 629 000	5 310 000	5 029 000	4 564 000
Total Retained Equity	973 000	2 802 000	2 498 000	2 069 000
Total Equity	1 398 000	3 227 000	2 923 000	2 494 000
Total Long-Term Debt	1 877 000	1 838 000	1 810 000	1 776 000
Total Current Debt	2 354 000	244 000	296 000	294 000
Total Equity and Debt	5 629 000	5 310 000	5 029 000	4 564 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	77 000	0
Other Income	476 000	627 000	668 000	627 000
Revenue	476 000	627 000	745 000	627 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	92 000	92 000	92 000	92 000
Impairment	0	0	0	0
Expenditure	215 000	197 000	157 000	159 000
Operating Profit	261 000	431 000	589 000	468 000
Financial Income	0	0	1 000	4 000
Financial Costs	43 000	41 000	40 000	39 000
Financial Balance	−43 000	−41 000	−39 000	−35 000
Dividends	2 000 000	0	0	0
Net Income	170 000	304 000	429 000	338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 916 000	2 008 000	2 100 000	2 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 916 000	2 008 000	2 100 000	2 192 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 916 000	2 008 000	2 100 000	2 192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 556 000	3 196 000	2 462 000	2 307 000
Total Current Assets	3 713 000	3 302 000	2 929 000	2 372 000
Total Assets	5 629 000	5 310 000	5 029 000	4 564 000
Total Equity	1 398 000	3 227 000	2 923 000	2 494 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 877 000	1 838 000	1 810 000	1 776 000
Creditors	134 000	3 000	26 000	0
Unpaid Taxes	119 000	143 000	143 000	143 000
Dividends	2 000 000	0	0	0
Other Current Debt	2 050 000	0	0	50 000
Total Current Debt	2 354 000	244 000	296 000	294 000
Total Equity and Debt	5 629 000	5 310 000	5 029 000	4 564 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,16 %	9,42 %	14,68 %	13,55 %
Debt-to-Equity Ratio	1,34	0,57	0,62	0,71
Operating Profit Margin	54,83 %	68,74 %	79,06 %	74,64 %
Current Ratio	1,58	13,53	9,9	8,07
Quick Ratio	1,58	13,53	9,9	8,07
Equity Ratio	0,25	0,61	0,58	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %