TORNESBYGG AS

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

−192,52 %

Current Ratio

190,6

Debt-to-Equity Ratio

−19,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 085 000	971 000	707 000	943 000
Net Income	412 000	249 000	87 000	93 000
Total Assets	4 009 000	3 866 000	3 869 000	3 836 000
Total Equity	−214 000	−626 000	−875 000	−1 199 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 085 000	971 000	707 000	943 000
Expenditure	562 000	623 000	495 000	711 000
Operating Profit	523 000	348 000	212 000	231 000
Financial Income	2 000	1 000	2 000	3 000
Financial Costs	112 000	101 000	127 000	141 000
Financial Balance	−110 000	−100 000	−125 000	−138 000
Earnings Before Tax	412 000	249 000	87 000	−267 000
Tax	0	0	0	0
Net Income	412 000	249 000	87 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 056 000	3 056 000	3 056 000	3 056 000
Total Current Assets	953 000	809 000	813 000	780 000
Total Assets	4 009 000	3 866 000	3 869 000	3 836 000
Total Retained Equity	−315 000	−727 000	−976 000	−1 299 000
Total Equity	−214 000	−626 000	−875 000	−1 199 000
Total Long-Term Debt	4 219 000	4 473 000	4 715 000	4 959 000
Total Current Debt	5 000	19 000	30 000	77 000
Total Equity and Debt	4 009 000	3 866 000	3 869 000	3 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 085 000	971 000	707 000	583 000
Revenue	1 085 000	971 000	707 000	943 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 000	19 000	11 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	562 000	623 000	495 000	711 000
Operating Profit	523 000	348 000	212 000	231 000
Financial Income	2 000	1 000	2 000	3 000
Financial Costs	112 000	101 000	127 000	141 000
Financial Balance	−110 000	−100 000	−125 000	−138 000
Dividends	0	0	0	0
Net Income	412 000	249 000	87 000	93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 056 000	3 056 000	3 056 000	3 056 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 056 000	3 056 000	3 056 000	3 056 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 056 000	3 056 000	3 056 000	3 056 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	945 000	795 000	806 000	676 000
Total Current Assets	953 000	809 000	813 000	780 000
Total Assets	4 009 000	3 866 000	3 869 000	3 836 000
Total Equity	−214 000	−626 000	−875 000	−1 199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 219 000	4 473 000	4 715 000	4 959 000
Creditors	0	14 000	28 000	73 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	2 000	3 000
Total Current Debt	5 000	19 000	30 000	77 000
Total Equity and Debt	4 009 000	3 866 000	3 869 000	3 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−192,52 %	−39,78 %	−9,94 %	−7,76 %
Debt-to-Equity Ratio	−19,71	−7,15	−5,39	−4,14
Operating Profit Margin	48,2 %	35,84 %	29,99 %	24,5 %
Current Ratio	190,6	42,58	27,1	10,13
Quick Ratio	190,6	42,58	27,1	10,13
Equity Ratio	−0,05	−0,16	−0,23	−0,31
Gross Profit Margin	100 %	100 %	100 %	100 %