TORSTVET UTVIKLING AS

0283 OSLO

Finances

Share Ownership

Return on Equity

28,03 %

Current Ratio

625,69

Debt-to-Equity Ratio

−6,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	6 343 000	6 988 000	10 957 000
Net Income	−1 559 000	−1 807 000	−952 000	−953 000
Total Assets	32 423 000	31 641 000	33 449 000	42 725 000
Total Equity	−5 561 000	−4 002 000	−2 195 000	−1 243 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	6 343 000	6 988 000	10 957 000
Expenditure	834 000	8 143 000	7 556 000	11 046 000
Operating Profit	−834 000	−1 800 000	−568 000	−89 000
Financial Income	0	41 000	2 000	4 000
Financial Costs	1 164 000	557 000	655 000	1 136 000
Financial Balance	−1 164 000	−516 000	−653 000	−1 132 000
Earnings Before Tax	−1 999 000	−2 316 000	−1 221 000	−1 222 000
Tax	−440 000	−510 000	−269 000	−269 000
Net Income	−1 559 000	−1 807 000	−952 000	−953 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 764 000	1 324 000	814 000	546 000
Total Current Assets	30 659 000	30 317 000	32 635 000	42 179 000
Total Assets	32 423 000	31 641 000	33 449 000	42 725 000
Total Retained Equity	−6 061 000	−4 502 000	−2 695 000	−1 743 000
Total Equity	−5 561 000	−4 002 000	−2 195 000	−1 243 000
Total Long-Term Debt	37 935 000	35 570 000	35 513 000	43 858 000
Total Current Debt	49 000	72 000	131 000	110 000
Total Equity and Debt	32 423 000	31 641 000	33 449 000	42 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	6 343 000	6 988 000	10 957 000
Other Income	0	0	0	0
Revenue	0	6 343 000	6 988 000	10 957 000
Cost of Goods Sold	742 000	8 050 000	7 469 000	10 957 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	834 000	8 143 000	7 556 000	11 046 000
Operating Profit	−834 000	−1 800 000	−568 000	−89 000
Financial Income	0	41 000	2 000	4 000
Financial Costs	1 164 000	557 000	655 000	1 136 000
Financial Balance	−1 164 000	−516 000	−653 000	−1 132 000
Dividends	0	0	0	0
Net Income	−1 559 000	−1 807 000	−952 000	−953 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 764 000	1 324 000	814 000	546 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 764 000	1 324 000	814 000	546 000
Stock	29 797 000	28 335 000	32 139 000	37 815 000
Total Investments	0	0	0	0
Cash, Bank	862 000	1 982 000	496 000	4 365 000
Total Current Assets	30 659 000	30 317 000	32 635 000	42 179 000
Total Assets	32 423 000	31 641 000	33 449 000	42 725 000
Total Equity	−5 561 000	−4 002 000	−2 195 000	−1 243 000
Short-Term Group Debt	24 000	0	57 000	14 000
Total Long-Term Debt	37 935 000	35 570 000	35 513 000	43 858 000
Creditors	24 000	72 000	74 000	96 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	49 000	72 000	131 000	110 000
Total Equity and Debt	32 423 000	31 641 000	33 449 000	42 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,03 %	45,15 %	43,37 %	76,67 %
Debt-to-Equity Ratio	−6,82	−8,89	−16,18	−35,28
Operating Profit Margin	-	−28,38 %	−8,13 %	−0,81 %
Current Ratio	625,69	421,07	249,12	383,45
Quick Ratio	−1,03	−1,07	−1,02	−1,12
Equity Ratio	−0,17	−0,13	−0,07	−0,03
Gross Profit Margin	-	−26,91 %	−6,88 %	0 %