TØRRESSEN INVEST AS

4307 SANDNES

Finances

Return on Equity

42,27 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 000	31 000	493 000	476 000
Net Income	924 000	609 000	478 000	27 000
Total Assets	2 770 000	1 855 000	1 435 000	332 000
Total Equity	2 186 000	1 262 000	653 000	175 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 000	31 000	493 000	476 000
Expenditure	3 000	4 000	36 000	392 000
Operating Profit	13 000	27 000	456 000	84 000
Financial Income	918 000	595 000	122 000	1 000
Financial Costs	0	6 000	−1 000	43 000
Financial Balance	918 000	589 000	123 000	−42 000
Earnings Before Tax	930 000	616 000	579 000	43 000
Tax	7 000	7 000	101 000	15 000
Net Income	924 000	609 000	478 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 793 000	1 170 000	1 179 000	206 000
Total Current Assets	977 000	685 000	256 000	126 000
Total Assets	2 770 000	1 855 000	1 435 000	332 000
Total Retained Equity	2 086 000	1 162 000	553 000	75 000
Total Equity	2 186 000	1 262 000	653 000	175 000
Total Long-Term Debt	0	0	1 000	103 000
Total Current Debt	583 000	593 000	780 000	53 000
Total Equity and Debt	2 770 000	1 855 000	1 435 000	332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 000	31 000	43 000	476 000
Other Income	0	0	450 000	0
Revenue	16 000	31 000	493 000	476 000
Cost of Goods Sold	0	0	0	5 000
Salary Costs	0	0	1 000	170 000
Depreciation	0	0	3 000	53 000
Impairment	0	0	0	0
Expenditure	3 000	4 000	36 000	392 000
Operating Profit	13 000	27 000	456 000	84 000
Financial Income	918 000	595 000	122 000	1 000
Financial Costs	0	6 000	−1 000	43 000
Financial Balance	918 000	589 000	123 000	−42 000
Dividends	0	0	0	0
Net Income	924 000	609 000	478 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	71 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	133 000
Total Tangible Assets	0	0	0	133 000
Total Fiancial Fixed Assets	1 792 000	1 170 000	1 179 000	2 000
Total Fixed Assets	1 793 000	1 170 000	1 179 000	206 000
Stock	0	0	0	0
Total Investments	65 000	56 000	88 000	49 000
Cash, Bank	3 000	24 000	7 000	16 000
Total Current Assets	977 000	685 000	256 000	126 000
Total Assets	2 770 000	1 855 000	1 435 000	332 000
Total Equity	2 186 000	1 262 000	653 000	175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	103 000
Creditors	0	0	0	3 000
Unpaid Taxes	0	5 000	7 000	6 000
Dividends	0	0	0	0
Other Current Debt	576 000	580 000	744 000	44 000
Total Current Debt	583 000	593 000	780 000	53 000
Total Equity and Debt	2 770 000	1 855 000	1 435 000	332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,27 %	48,26 %	73,2 %	15,43 %
Debt-to-Equity Ratio	0	0	0	0,59
Operating Profit Margin	81,25 %	87,1 %	92,49 %	17,65 %
Current Ratio	1,68	1,16	0,33	2,38
Quick Ratio	1,68	1,16	0,33	2,38
Equity Ratio	0,79	0,68	0,46	0,53
Gross Profit Margin	100 %	100 %	100 %	98,95 %