AS TORVALMENNING 13

5011 BERGEN

Finances

Share Ownership

Return on Equity

2 %

Current Ratio

18,95

Debt-to-Equity Ratio

2,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 775 000	1 518 000	1 115 000	3 814 000
Net Income	327 000	−1 065 000	−1 638 000	−144 000
Total Assets	62 198 000	61 496 000	65 840 000	67 330 000
Total Equity	16 351 000	16 024 000	16 089 000	17 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 775 000	1 518 000	1 115 000	3 814 000
Expenditure	1 992 000	1 996 000	2 083 000	2 157 000
Operating Profit	1 782 000	−478 000	−968 000	1 657 000
Financial Income	224 000	244 000	358 000	363 000
Financial Costs	1 587 000	1 133 000	1 490 000	2 205 000
Financial Balance	−1 363 000	−889 000	−1 132 000	−1 842 000
Earnings Before Tax	419 000	−1 366 000	−2 101 000	−185 000
Tax	93 000	−300 000	−462 000	−41 000
Net Income	327 000	−1 065 000	−1 638 000	−144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 370 000	51 080 000	52 790 000	54 500 000
Total Current Assets	12 828 000	10 416 000	13 050 000	12 830 000
Total Assets	62 198 000	61 496 000	65 840 000	67 330 000
Total Retained Equity	327 000	0	334 000	1 972 000
Total Equity	16 351 000	16 024 000	16 089 000	17 728 000
Total Long-Term Debt	45 170 000	45 077 000	49 505 000	49 232 000
Total Current Debt	677 000	395 000	246 000	370 000
Total Equity and Debt	62 198 000	61 496 000	65 840 000	67 330 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 775 000	1 518 000	1 115 000	3 814 000
Revenue	3 775 000	1 518 000	1 115 000	3 814 000
Cost of Goods Sold	51 000	36 000	0	0
Salary Costs	0	0	0	0
Depreciation	1 710 000	1 710 000	1 710 000	1 730 000
Impairment	0	0	0	0
Expenditure	1 992 000	1 996 000	2 083 000	2 157 000
Operating Profit	1 782 000	−478 000	−968 000	1 657 000
Financial Income	224 000	244 000	358 000	363 000
Financial Costs	1 587 000	1 133 000	1 490 000	2 205 000
Financial Balance	−1 363 000	−889 000	−1 132 000	−1 842 000
Dividends	0	0	0	0
Net Income	327 000	−1 065 000	−1 638 000	−144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	48 780 000	49 840 000	50 900 000	51 960 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	590 000	1 240 000	1 890 000	2 540 000
Total Tangible Assets	49 370 000	51 080 000	52 790 000	54 500 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 370 000	51 080 000	52 790 000	54 500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 637 000	1 522 000	1 095 000	384 000
Total Current Assets	12 828 000	10 416 000	13 050 000	12 830 000
Total Assets	62 198 000	61 496 000	65 840 000	67 330 000
Total Equity	16 351 000	16 024 000	16 089 000	17 728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 170 000	45 077 000	49 505 000	49 232 000
Creditors	33 000	38 000	148 000	92 000
Unpaid Taxes	113 000	89 000	0	103 000
Dividends	0	0	0	0
Other Current Debt	532 000	267 000	98 000	174 000
Total Current Debt	677 000	395 000	246 000	370 000
Total Equity and Debt	62 198 000	61 496 000	65 840 000	67 330 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 %	−6,65 %	−10,18 %	−0,81 %
Debt-to-Equity Ratio	2,76	2,81	3,08	2,78
Operating Profit Margin	47,21 %	−31,49 %	−86,82 %	43,45 %
Current Ratio	18,95	26,37	53,05	34,68
Quick Ratio	18,95	26,37	53,05	34,68
Equity Ratio	0,26	0,26	0,24	0,26
Gross Profit Margin	98,65 %	97,63 %	100 %	100 %