TOWER EIENDOM AS

3660 RJUKAN

Finances

Share Ownership

Return on Equity

−11,94 %

Current Ratio

6,98

Debt-to-Equity Ratio

11,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 081 000	795 000	496 000	436 000
Net Income	−67 000	283 000	−598 000	14 000
Total Assets	7 081 000	3 415 000	3 417 000	3 896 000
Total Equity	561 000	559 000	275 000	608 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 081 000	795 000	496 000	436 000
Expenditure	915 000	339 000	1 151 000	352 000
Operating Profit	165 000	456 000	−654 000	84 000
Financial Income	0	0	0	0
Financial Costs	252 000	93 000	113 000	66 000
Financial Balance	−252 000	−93 000	−113 000	−66 000
Earnings Before Tax	−86 000	363 000	−767 000	18 000
Tax	−19 000	80 000	−169 000	4 000
Net Income	−67 000	283 000	−598 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 880 000	2 733 000	2 800 000	2 763 000
Total Current Assets	1 201 000	682 000	617 000	1 133 000
Total Assets	7 081 000	3 415 000	3 417 000	3 896 000
Total Retained Equity	431 000	429 000	145 000	478 000
Total Equity	561 000	559 000	275 000	608 000
Total Long-Term Debt	6 348 000	2 713 000	3 022 000	3 143 000
Total Current Debt	172 000	144 000	120 000	145 000
Total Equity and Debt	7 081 000	3 415 000	3 417 000	3 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 000	22 000	5 000	0
Other Income	1 038 000	773 000	492 000	436 000
Revenue	1 081 000	795 000	496 000	436 000
Cost of Goods Sold	8 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	134 000	44 000	39 000	39 000
Impairment	0	0	0	0
Expenditure	915 000	339 000	1 151 000	352 000
Operating Profit	165 000	456 000	−654 000	84 000
Financial Income	0	0	0	0
Financial Costs	252 000	93 000	113 000	66 000
Financial Balance	−252 000	−93 000	−113 000	−66 000
Dividends	0	0	0	0
Net Income	−67 000	283 000	−598 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	76 000	0
Real Eastate	5 880 000	2 733 000	2 724 000	2 763 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 880 000	2 733 000	2 724 000	2 763 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 880 000	2 733 000	2 800 000	2 763 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	780 000	335 000	243 000	619 000
Total Current Assets	1 201 000	682 000	617 000	1 133 000
Total Assets	7 081 000	3 415 000	3 417 000	3 896 000
Total Equity	561 000	559 000	275 000	608 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 348 000	2 713 000	3 022 000	3 143 000
Creditors	66 000	13 000	14 000	67 000
Unpaid Taxes	20 000	58 000	33 000	6 000
Dividends	0	0	0	0
Other Current Debt	86 000	72 000	72 000	71 000
Total Current Debt	172 000	144 000	120 000	145 000
Total Equity and Debt	7 081 000	3 415 000	3 417 000	3 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,94 %	50,63 %	−217,45 %	2,3 %
Debt-to-Equity Ratio	11,32	4,85	10,99	5,17
Operating Profit Margin	15,26 %	57,36 %	−131,85 %	19,27 %
Current Ratio	6,98	4,74	5,14	7,81
Quick Ratio	6,98	4,74	5,14	7,81
Equity Ratio	0,08	0,16	0,08	0,16
Gross Profit Margin	99,26 %	100 %	100 %	100 %