TÅRNSVALEN AS

0776 OSLO

Finances

Share Ownership

Return on Equity

−14,29 %

Current Ratio

0,4

Debt-to-Equity Ratio

4,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 129 000	40 620 000	41 714 000	47 259 000
Net Income	−1 290 000	2 141 000	3 150 000	3 474 000
Total Assets	58 603 000	102 512 000	101 903 000	72 459 000
Total Equity	9 027 000	25 272 000	23 132 000	19 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 129 000	40 620 000	41 714 000	47 259 000
Expenditure	5 531 000	36 506 000	36 293 000	41 792 000
Operating Profit	−402 000	4 114 000	5 422 000	5 467 000
Financial Income	3 000	0	2 000	8 000
Financial Costs	1 463 000	1 361 000	1 374 000	−1 061 000
Financial Balance	−1 460 000	−1 361 000	−1 372 000	1 069 000
Earnings Before Tax	−1 863 000	2 753 000	4 050 000	4 406 000
Tax	−572 000	612 000	900 000	932 000
Net Income	−1 290 000	2 141 000	3 150 000	3 474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 242 000	98 645 000	98 874 000	64 604 000
Total Current Assets	3 361 000	3 867 000	3 029 000	7 855 000
Total Assets	58 603 000	102 512 000	101 903 000	72 459 000
Total Retained Equity	8 988 000	25 172 000	23 032 000	19 881 000
Total Equity	9 027 000	25 272 000	23 132 000	19 981 000
Total Long-Term Debt	41 201 000	63 093 000	65 563 000	39 272 000
Total Current Debt	8 375 000	14 147 000	13 208 000	13 206 000
Total Equity and Debt	58 603 000	102 512 000	101 903 000	72 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	691 000	6 226 000	6 625 000	7 577 000
Other Income	4 438 000	34 394 000	35 088 000	39 681 000
Revenue	5 129 000	40 620 000	41 714 000	47 259 000
Cost of Goods Sold	78 000	512 000	389 000	765 000
Salary Costs	3 509 000	27 833 000	27 973 000	31 594 000
Depreciation	937 000	1 022 000	932 000	782 000
Impairment	0	0	0	0
Expenditure	5 531 000	36 506 000	36 293 000	41 792 000
Operating Profit	−402 000	4 114 000	5 422 000	5 467 000
Financial Income	3 000	0	2 000	8 000
Financial Costs	1 463 000	1 361 000	1 374 000	−1 061 000
Financial Balance	−1 460 000	−1 361 000	−1 372 000	1 069 000
Dividends	0	0	0	0
Net Income	−1 290 000	2 141 000	3 150 000	3 474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	0	0	0
Real Eastate	55 025 000	98 452 000	98 732 000	64 410 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	33 000	54 000	105 000
Total Tangible Assets	55 091 000	98 486 000	98 785 000	64 515 000
Total Fiancial Fixed Assets	113 000	160 000	89 000	89 000
Total Fixed Assets	55 242 000	98 645 000	98 874 000	64 604 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 117 000	2 310 000	2 591 000	6 384 000
Total Current Assets	3 361 000	3 867 000	3 029 000	7 855 000
Total Assets	58 603 000	102 512 000	101 903 000	72 459 000
Total Equity	9 027 000	25 272 000	23 132 000	19 981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 201 000	63 093 000	65 563 000	39 272 000
Creditors	352 000	556 000	556 000	223 000
Unpaid Taxes	1 303 000	2 355 000	1 407 000	2 573 000
Dividends	0	0	0	0
Other Current Debt	6 720 000	10 640 000	10 386 000	9 451 000
Total Current Debt	8 375 000	14 147 000	13 208 000	13 206 000
Total Equity and Debt	58 603 000	102 512 000	101 903 000	72 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,29 %	8,47 %	13,62 %	17,39 %
Debt-to-Equity Ratio	4,56	2,5	2,83	1,97
Operating Profit Margin	−7,84 %	10,13 %	13 %	11,57 %
Current Ratio	0,4	0,27	0,23	0,59
Quick Ratio	0,4	0,27	0,23	0,59
Equity Ratio	0,15	0,25	0,23	0,28
Gross Profit Margin	98,48 %	98,74 %	99,07 %	98,38 %