TORNEROSEVEIEN 5 AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

73,24 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 313 000	1 268 000	1 074 000	1 311 000
Net Income	750 000	1 137 000	632 000	794 000
Total Assets	2 215 000	2 238 000	1 630 000	1 843 000
Total Equity	1 024 000	774 000	436 000	404 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 313 000	1 268 000	1 074 000	1 311 000
Expenditure	351 000	380 000	378 000	318 000
Operating Profit	962 000	888 000	696 000	993 000
Financial Income	0	446 000	90 000	20 000
Financial Costs	0	0	0	0
Financial Balance	0	446 000	90 000	20 000
Earnings Before Tax	962 000	1 333 000	786 000	1 013 000
Tax	212 000	196 000	154 000	219 000
Net Income	750 000	1 137 000	632 000	794 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	692 000	759 000	827 000	895 000
Total Current Assets	1 522 000	1 479 000	803 000	948 000
Total Assets	2 215 000	2 238 000	1 630 000	1 843 000
Total Retained Equity	924 000	674 000	336 000	304 000
Total Equity	1 024 000	774 000	436 000	404 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 191 000	1 464 000	1 194 000	1 438 000
Total Equity and Debt	2 215 000	2 238 000	1 630 000	1 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 313 000	1 268 000	1 074 000	1 311 000
Revenue	1 313 000	1 268 000	1 074 000	1 311 000
Cost of Goods Sold	0	0	0	0
Salary Costs	172 000	171 000	195 000	159 000
Depreciation	77 000	77 000	77 000	81 000
Impairment	0	0	0	0
Expenditure	351 000	380 000	378 000	318 000
Operating Profit	962 000	888 000	696 000	993 000
Financial Income	0	446 000	90 000	20 000
Financial Costs	0	0	0	0
Financial Balance	0	446 000	90 000	20 000
Dividends	500 000	800 000	600 000	800 000
Net Income	750 000	1 137 000	632 000	794 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	91 000	81 000	71 000	62 000
Real Eastate	601 000	679 000	756 000	833 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	601 000	679 000	756 000	833 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	692 000	759 000	827 000	895 000
Stock	0	0	0	0
Total Investments	0	0	38 000	38 000
Cash, Bank	1 085 000	1 072 000	369 000	519 000
Total Current Assets	1 522 000	1 479 000	803 000	948 000
Total Assets	2 215 000	2 238 000	1 630 000	1 843 000
Total Equity	1 024 000	774 000	436 000	404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	31 000	0	1 000
Unpaid Taxes	88 000	72 000	76 000	78 000
Dividends	500 000	800 000	600 000	800 000
Other Current Debt	381 000	357 000	354 000	331 000
Total Current Debt	1 191 000	1 464 000	1 194 000	1 438 000
Total Equity and Debt	2 215 000	2 238 000	1 630 000	1 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,24 %	146,9 %	144,95 %	196,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	73,27 %	70,03 %	64,8 %	75,74 %
Current Ratio	1,28	1,01	0,67	0,66
Quick Ratio	1,28	1,01	0,67	0,66
Equity Ratio	0,46	0,35	0,27	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %