TORVGARDEN AS

5300 KLEPPESTØ

Finances

Share Ownership

Return on Equity

31,08 %

Current Ratio

0,92

Debt-to-Equity Ratio

2,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 028 000	1 843 000	1 882 000	1 812 000
Net Income	230 000	563 000	707 000	566 000
Total Assets	3 428 000	3 939 000	4 211 000	4 186 000
Total Equity	740 000	510 000	496 000	489 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 028 000	1 843 000	1 882 000	1 812 000
Expenditure	1 687 000	1 081 000	929 000	1 037 000
Operating Profit	341 000	761 000	953 000	775 000
Financial Income	3 000	4 000	4 000	4 000
Financial Costs	50 000	43 000	50 000	54 000
Financial Balance	−47 000	−39 000	−46 000	−50 000
Earnings Before Tax	295 000	722 000	907 000	725 000
Tax	65 000	159 000	200 000	160 000
Net Income	230 000	563 000	707 000	566 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 504 000	2 529 000	2 737 000	2 954 000
Total Current Assets	925 000	1 410 000	1 475 000	1 231 000
Total Assets	3 428 000	3 939 000	4 211 000	4 186 000
Total Retained Equity	550 000	320 000	306 000	299 000
Total Equity	740 000	510 000	496 000	489 000
Total Long-Term Debt	1 688 000	1 813 000	1 938 000	2 063 000
Total Current Debt	1 001 000	1 617 000	1 778 000	1 635 000
Total Equity and Debt	3 428 000	3 939 000	4 211 000	4 186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 028 000	1 843 000	1 882 000	1 812 000
Revenue	2 028 000	1 843 000	1 882 000	1 812 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	240 000	220 000	228 000	229 000
Impairment	0	0	0	0
Expenditure	1 687 000	1 081 000	929 000	1 037 000
Operating Profit	341 000	761 000	953 000	775 000
Financial Income	3 000	4 000	4 000	4 000
Financial Costs	50 000	43 000	50 000	54 000
Financial Balance	−47 000	−39 000	−46 000	−50 000
Dividends	0	0	0	0
Net Income	230 000	563 000	707 000	566 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	153 000	138 000	125 000	115 000
Real Eastate	2 015 000	2 182 000	2 350 000	2 518 000
Machinery and Plant Facilities	334 000	198 000	242 000	286 000
Fixtures	2 000	11 000	20 000	36 000
Total Tangible Assets	2 351 000	2 391 000	2 611 000	2 840 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 504 000	2 529 000	2 737 000	2 954 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	151 000	777 000	891 000	652 000
Total Current Assets	925 000	1 410 000	1 475 000	1 231 000
Total Assets	3 428 000	3 939 000	4 211 000	4 186 000
Total Equity	740 000	510 000	496 000	489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 688 000	1 813 000	1 938 000	2 063 000
Creditors	603 000	588 000	551 000	559 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	318 000	858 000	1 016 000	910 000
Total Current Debt	1 001 000	1 617 000	1 778 000	1 635 000
Total Equity and Debt	3 428 000	3 939 000	4 211 000	4 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,08 %	110,39 %	142,54 %	115,75 %
Debt-to-Equity Ratio	2,28	3,55	3,91	4,22
Operating Profit Margin	16,81 %	41,29 %	50,64 %	42,77 %
Current Ratio	0,92	0,87	0,83	0,75
Quick Ratio	0,92	0,87	0,83	0,75
Equity Ratio	0,22	0,13	0,12	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %