TORE GJESTELAND AS

4307 SANDNES

Finances

Return on Equity

65,54 %

Current Ratio

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 000	101 000	67 000	67 000
Net Income	7 308 000	32 000	−30 000	−19 000
Total Assets	18 756 000	11 502 000	11 306 000	11 134 000
Total Equity	11 150 000	5 642 000	7 555 000	8 885 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 000	101 000	67 000	67 000
Expenditure	82 000	60 000	105 000	84 000
Operating Profit	10 000	41 000	−37 000	−17 000
Financial Income	7 300 000	0	0	1 000
Financial Costs	0	0	0	8 000
Financial Balance	7 300 000	0	0	−7 000
Earnings Before Tax	7 310 000	41 000	−38 000	−24 000
Tax	2 000	9 000	−8 000	−5 000
Net Income	7 308 000	32 000	−30 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 411 000	11 435 000	11 232 000	10 877 000
Total Current Assets	7 345 000	67 000	74 000	257 000
Total Assets	18 756 000	11 502 000	11 306 000	11 134 000
Total Retained Equity	10 147 000	4 639 000	6 553 000	7 882 000
Total Equity	11 150 000	5 642 000	7 555 000	8 885 000
Total Long-Term Debt	255 000	293 000	339 000	397 000
Total Current Debt	7 350 000	5 568 000	3 412 000	1 852 000
Total Equity and Debt	18 756 000	11 502 000	11 306 000	11 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	101 000	67 000	67 000
Other Income	0	0	0	0
Revenue	92 000	101 000	67 000	67 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	24 000	24 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	82 000	60 000	105 000	84 000
Operating Profit	10 000	41 000	−37 000	−17 000
Financial Income	7 300 000	0	0	1 000
Financial Costs	0	0	0	8 000
Financial Balance	7 300 000	0	0	−7 000
Dividends	1 800 000	1 946 000	1 300 000	0
Net Income	7 308 000	32 000	−30 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 347 000	3 367 000	3 310 000	3 033 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	296 000	300 000	154 000	158 000
Total Tangible Assets	3 644 000	3 668 000	3 465 000	3 192 000
Total Fiancial Fixed Assets	7 767 000	7 767 000	7 767 000	7 685 000
Total Fixed Assets	11 411 000	11 435 000	11 232 000	10 877 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	67 000	60 000	202 000
Total Current Assets	7 345 000	67 000	74 000	257 000
Total Assets	18 756 000	11 502 000	11 306 000	11 134 000
Total Equity	11 150 000	5 642 000	7 555 000	8 885 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	255 000	293 000	339 000	397 000
Creditors	3 000	11 000	72 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	1 800 000	1 946 000	1 300 000	0
Other Current Debt	1 000	10 000	0	0
Total Current Debt	7 350 000	5 568 000	3 412 000	1 852 000
Total Equity and Debt	18 756 000	11 502 000	11 306 000	11 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,54 %	0,57 %	−0,4 %	−0,21 %
Debt-to-Equity Ratio	0,02	0,05	0,04	0,04
Operating Profit Margin	10,87 %	40,59 %	−55,22 %	−25,37 %
Current Ratio	1	0,01	0,02	0,14
Quick Ratio	1	0,01	0,02	0,14
Equity Ratio	0,59	0,49	0,67	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %