STIFTELSEN TORNES OMSORGSBOLIGER

6443 TORNES I ROMSDAL

Finances

Share Ownership

Return on Equity

−3,81 %

Current Ratio

9,29

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	618 000	621 000	613 000	591 000
Net Income	−98 000	7 000	−10 000	−188 000
Total Assets	3 688 000	4 081 000	4 397 000	4 671 000
Total Equity	2 571 000	2 669 000	2 661 000	2 671 000

Income (NOK)	2022	2021	2020	2019
Revenue	618 000	621 000	613 000	591 000
Expenditure	706 000	607 000	607 000	760 000
Operating Profit	−88 000	14 000	6 000	−170 000
Financial Income	4 000	5 000	13 000	15 000
Financial Costs	14 000	12 000	28 000	34 000
Financial Balance	−10 000	−7 000	−15 000	−19 000
Earnings Before Tax	−98 000	7 000	−10 000	−188 000
Tax	0	0	0	0
Net Income	−98 000	7 000	−10 000	−188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 270 000	3 460 000	3 651 000	3 841 000
Total Current Assets	418 000	621 000	747 000	830 000
Total Assets	3 688 000	4 081 000	4 397 000	4 671 000
Total Retained Equity	2 016 000	2 114 000	2 106 000	2 116 000
Total Equity	2 571 000	2 669 000	2 661 000	2 671 000
Total Long-Term Debt	1 072 000	1 372 000	1 670 000	1 957 000
Total Current Debt	45 000	41 000	66 000	43 000
Total Equity and Debt	3 688 000	4 081 000	4 397 000	4 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	618 000	621 000	603 000	591 000
Other Income	0	0	10 000	0
Revenue	618 000	621 000	613 000	591 000
Cost of Goods Sold	0	0	0	0
Salary Costs	98 000	78 000	73 000	6 000
Depreciation	190 000	190 000	190 000	190 000
Impairment	0	0	0	0
Expenditure	706 000	607 000	607 000	760 000
Operating Profit	−88 000	14 000	6 000	−170 000
Financial Income	4 000	5 000	13 000	15 000
Financial Costs	14 000	12 000	28 000	34 000
Financial Balance	−10 000	−7 000	−15 000	−19 000
Dividends	0	0	0	0
Net Income	−98 000	7 000	−10 000	−188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 269 000	3 455 000	3 642 000	3 828 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	5 000	9 000	13 000
Total Tangible Assets	3 270 000	3 460 000	3 651 000	3 841 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 270 000	3 460 000	3 651 000	3 841 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	415 000	618 000	744 000	830 000
Total Current Assets	418 000	621 000	747 000	830 000
Total Assets	3 688 000	4 081 000	4 397 000	4 671 000
Total Equity	2 571 000	2 669 000	2 661 000	2 671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 072 000	1 372 000	1 670 000	1 957 000
Creditors	3 000	6 000	4 000	12 000
Unpaid Taxes	6 000	0	4 000	0
Dividends	0	0	0	0
Other Current Debt	20 000	14 000	33 000	9 000
Total Current Debt	45 000	41 000	66 000	43 000
Total Equity and Debt	3 688 000	4 081 000	4 397 000	4 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,81 %	0,26 %	−0,38 %	−7,04 %
Debt-to-Equity Ratio	0,42	0,51	0,63	0,73
Operating Profit Margin	−14,24 %	2,25 %	0,98 %	−28,76 %
Current Ratio	9,29	15,15	11,32	19,3
Quick Ratio	9,29	15,15	11,32	19,3
Equity Ratio	0,7	0,65	0,61	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %