TORSVANG EIENDOM AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

8,16 %

Current Ratio

4,2

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 796 000	3 445 000	3 283 000	2 952 000
Net Income	1 017 000	664 000	467 000	5 000
Total Assets	18 016 000	18 127 000	18 209 000	18 347 000
Total Equity	12 465 000	11 449 000	10 785 000	10 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 796 000	3 445 000	3 283 000	2 952 000
Expenditure	2 285 000	2 404 000	2 516 000	2 950 000
Operating Profit	1 511 000	1 041 000	767 000	2 000
Financial Income	6 000	0	3 000	5 000
Financial Costs	−208 000	190 000	−168 000	2 000
Financial Balance	214 000	−190 000	171 000	3 000
Earnings Before Tax	1 303 000	851 000	599 000	6 000
Tax	287 000	187 000	132 000	1 000
Net Income	1 017 000	664 000	467 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 047 000	15 653 000	16 258 000	16 408 000
Total Current Assets	2 969 000	2 474 000	1 951 000	1 939 000
Total Assets	18 016 000	18 127 000	18 209 000	18 347 000
Total Retained Equity	11 565 000	10 549 000	9 885 000	9 418 000
Total Equity	12 465 000	11 449 000	10 785 000	10 318 000
Total Long-Term Debt	4 844 000	5 712 000	6 572 000	4 544 000
Total Current Debt	707 000	966 000	852 000	3 486 000
Total Equity and Debt	18 016 000	18 127 000	18 209 000	18 347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 796 000	3 445 000	3 283 000	2 952 000
Revenue	3 796 000	3 445 000	3 283 000	2 952 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	605 000	605 000	605 000	587 000
Impairment	0	0	0	0
Expenditure	2 285 000	2 404 000	2 516 000	2 950 000
Operating Profit	1 511 000	1 041 000	767 000	2 000
Financial Income	6 000	0	3 000	5 000
Financial Costs	−208 000	190 000	−168 000	2 000
Financial Balance	214 000	−190 000	171 000	3 000
Dividends	0	0	0	0
Net Income	1 017 000	664 000	467 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 047 000	15 653 000	16 258 000	16 408 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 047 000	15 653 000	16 258 000	16 408 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 047 000	15 653 000	16 258 000	16 408 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 795 000	2 223 000	1 772 000	1 289 000
Total Current Assets	2 969 000	2 474 000	1 951 000	1 939 000
Total Assets	18 016 000	18 127 000	18 209 000	18 347 000
Total Equity	12 465 000	11 449 000	10 785 000	10 318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 844 000	5 712 000	6 572 000	4 544 000
Creditors	181 000	607 000	690 000	3 478 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	209 000	150 000	17 000	0
Total Current Debt	707 000	966 000	852 000	3 486 000
Total Equity and Debt	18 016 000	18 127 000	18 209 000	18 347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,16 %	5,8 %	4,33 %	0,05 %
Debt-to-Equity Ratio	0,39	0,5	0,61	0,44
Operating Profit Margin	39,81 %	30,22 %	23,36 %	0,07 %
Current Ratio	4,2	2,56	2,29	0,56
Quick Ratio	4,2	2,56	2,29	0,56
Equity Ratio	0,69	0,63	0,59	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %