TORPEGARDEN I BORETTSLAG

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

5,7 %

Current Ratio

4,27

Debt-to-Equity Ratio

2,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	854 000	855 000	855 000	839 000
Net Income	89 000	43 000	173 000	182 000
Total Assets	6 147 000	6 286 000	6 219 000	6 117 000
Total Equity	1 561 000	1 472 000	1 428 000	1 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	854 000	855 000	855 000	839 000
Expenditure	655 000	691 000	549 000	521 000
Operating Profit	199 000	164 000	306 000	317 000
Financial Income	10 000	3 000	5 000	9 000
Financial Costs	120 000	124 000	139 000	144 000
Financial Balance	−110 000	−121 000	−134 000	−135 000
Earnings Before Tax	89 000	43 000	173 000	182 000
Tax	0	0	0	0
Net Income	89 000	43 000	173 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 711 000	5 605 000	5 591 000	5 591 000
Total Current Assets	436 000	681 000	628 000	525 000
Total Assets	6 147 000	6 286 000	6 219 000	6 117 000
Total Retained Equity	1 558 000	1 469 000	1 426 000	1 253 000
Total Equity	1 561 000	1 472 000	1 428 000	1 255 000
Total Long-Term Debt	4 485 000	4 608 000	4 738 000	4 843 000
Total Current Debt	102 000	207 000	53 000	18 000
Total Equity and Debt	6 147 000	6 286 000	6 219 000	6 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	854 000	855 000	855 000	839 000
Revenue	854 000	855 000	855 000	839 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 000	13 000	13 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	655 000	691 000	549 000	521 000
Operating Profit	199 000	164 000	306 000	317 000
Financial Income	10 000	3 000	5 000	9 000
Financial Costs	120 000	124 000	139 000	144 000
Financial Balance	−110 000	−121 000	−134 000	−135 000
Dividends	0	0	0	0
Net Income	89 000	43 000	173 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 633 000	5 591 000	5 591 000	5 591 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	13 000	0	0
Total Tangible Assets	5 646 000	5 605 000	5 591 000	5 591 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 711 000	5 605 000	5 591 000	5 591 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	381 000	642 000	589 000	505 000
Total Current Assets	436 000	681 000	628 000	525 000
Total Assets	6 147 000	6 286 000	6 219 000	6 117 000
Total Equity	1 561 000	1 472 000	1 428 000	1 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 485 000	4 608 000	4 738 000	4 843 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	102 000	207 000	53 000	18 000
Total Current Debt	102 000	207 000	53 000	18 000
Total Equity and Debt	6 147 000	6 286 000	6 219 000	6 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,7 %	2,92 %	12,11 %	14,5 %
Debt-to-Equity Ratio	2,87	3,13	3,32	3,86
Operating Profit Margin	23,3 %	19,18 %	35,79 %	37,78 %
Current Ratio	4,27	3,29	11,85	29,17
Quick Ratio	4,27	3,29	11,85	29,17
Equity Ratio	0,25	0,23	0,23	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %