TORSVIKEN EIENDOM AS

5217 HAGAVIK

Finances

Share Ownership

Return on Equity

29,23 %

Current Ratio

0,27

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	809 000	1 056 000	862 000	853 000
Net Income	202 000	413 000	298 000	286 000
Total Assets	2 197 000	2 359 000	2 473 000	2 545 000
Total Equity	691 000	584 000	671 000	623 000

Income (NOK)	2022	2021	2020	2019
Revenue	809 000	1 056 000	862 000	853 000
Expenditure	495 000	485 000	432 000	437 000
Operating Profit	313 000	570 000	430 000	416 000
Financial Income	0	22 000	12 000	5 000
Financial Costs	52 000	62 000	62 000	53 000
Financial Balance	−52 000	−40 000	−50 000	−48 000
Earnings Before Tax	261 000	530 000	380 000	368 000
Tax	59 000	117 000	82 000	83 000
Net Income	202 000	413 000	298 000	286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 122 000	2 204 000	2 283 000	2 376 000
Total Current Assets	75 000	156 000	190 000	168 000
Total Assets	2 197 000	2 359 000	2 473 000	2 545 000
Total Retained Equity	661 000	554 000	641 000	593 000
Total Equity	691 000	584 000	671 000	623 000
Total Long-Term Debt	1 225 000	1 326 000	1 442 000	1 584 000
Total Current Debt	281 000	450 000	360 000	337 000
Total Equity and Debt	2 197 000	2 359 000	2 473 000	2 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	0	0	0
Other Income	803 000	1 056 000	862 000	853 000
Revenue	809 000	1 056 000	862 000	853 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	4 000	5 000	1 000
Depreciation	81 000	86 000	93 000	93 000
Impairment	0	0	0	0
Expenditure	495 000	485 000	432 000	437 000
Operating Profit	313 000	570 000	430 000	416 000
Financial Income	0	22 000	12 000	5 000
Financial Costs	52 000	62 000	62 000	53 000
Financial Balance	−52 000	−40 000	−50 000	−48 000
Dividends	95 000	500 000	250 000	0
Net Income	202 000	413 000	298 000	286 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 105 000	2 181 000	2 257 000	2 334 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	23 000	26 000	43 000
Total Tangible Assets	2 122 000	2 204 000	2 283 000	2 376 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 122 000	2 204 000	2 283 000	2 376 000
Stock	0	0	0	0
Total Investments	7 000	12 000	31 000	53 000
Cash, Bank	52 000	0	1 000	−20 000
Total Current Assets	75 000	156 000	190 000	168 000
Total Assets	2 197 000	2 359 000	2 473 000	2 545 000
Total Equity	691 000	584 000	671 000	623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 225 000	1 326 000	1 442 000	1 584 000
Creditors	15 000	34 000	29 000	6 000
Unpaid Taxes	0	0	1 000	1 000
Dividends	95 000	500 000	250 000	0
Other Current Debt	201 000	296 000	247 000	245 000
Total Current Debt	281 000	450 000	360 000	337 000
Total Equity and Debt	2 197 000	2 359 000	2 473 000	2 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,23 %	70,72 %	44,41 %	45,91 %
Debt-to-Equity Ratio	1,77	2,27	2,15	2,54
Operating Profit Margin	38,69 %	53,98 %	49,88 %	48,77 %
Current Ratio	0,27	0,35	0,53	0,5
Quick Ratio	0,27	0,35	0,53	0,5
Equity Ratio	0,31	0,25	0,27	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %