TÅRNGÅRDEN BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

6 %

Current Ratio

21,6

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 122 000	3 067 000	3 033 000	3 138 000
Net Income	1 276 000	1 381 000	1 344 000	960 000
Total Assets	38 606 000	38 412 000	38 034 000	37 199 000
Total Equity	21 250 000	19 975 000	18 594 000	17 250 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 122 000	3 067 000	3 033 000	3 138 000
Expenditure	1 732 000	1 591 000	1 482 000	1 958 000
Operating Profit	1 375 000	1 460 000	1 535 000	1 178 000
Financial Income	14 000	5 000	8 000	8 000
Financial Costs	113 000	85 000	200 000	226 000
Financial Balance	−99 000	−80 000	−192 000	−218 000
Earnings Before Tax	1 291 000	1 396 000	1 359 000	962 000
Tax	0	0	0	0
Net Income	1 276 000	1 381 000	1 344 000	960 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 597 000	36 597 000	36 597 000	36 397 000
Total Current Assets	2 009 000	1 815 000	1 437 000	802 000
Total Assets	38 606 000	38 412 000	38 034 000	37 199 000
Total Retained Equity	21 247 000	19 972 000	18 591 000	17 247 000
Total Equity	21 250 000	19 975 000	18 594 000	17 250 000
Total Long-Term Debt	17 263 000	18 307 000	19 370 000	19 872 000
Total Current Debt	93 000	130 000	70 000	76 000
Total Equity and Debt	38 606 000	38 412 000	38 034 000	37 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 122 000	3 067 000	3 033 000	3 138 000
Other Income	0	0	0	0
Revenue	3 122 000	3 067 000	3 033 000	3 138 000
Cost of Goods Sold	0	0	0	0
Salary Costs	33 000	32 000	8 000	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 732 000	1 591 000	1 482 000	1 958 000
Operating Profit	1 375 000	1 460 000	1 535 000	1 178 000
Financial Income	14 000	5 000	8 000	8 000
Financial Costs	113 000	85 000	200 000	226 000
Financial Balance	−99 000	−80 000	−192 000	−218 000
Dividends	0	0	0	0
Net Income	1 276 000	1 381 000	1 344 000	960 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 597 000	36 597 000	36 597 000	36 397 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 597 000	36 597 000	36 597 000	36 397 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 597 000	36 597 000	36 597 000	36 397 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 009 000	1 815 000	1 437 000	802 000
Total Current Assets	2 009 000	1 815 000	1 437 000	802 000
Total Assets	38 606 000	38 412 000	38 034 000	37 199 000
Total Equity	21 250 000	19 975 000	18 594 000	17 250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 263 000	18 307 000	19 370 000	19 872 000
Creditors	11 000	5 000	29 000	42 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	81 000	125 000	40 000	34 000
Total Current Debt	93 000	130 000	70 000	76 000
Total Equity and Debt	38 606 000	38 412 000	38 034 000	37 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6 %	6,91 %	7,23 %	5,57 %
Debt-to-Equity Ratio	0,81	0,92	1,04	1,15
Operating Profit Margin	44,04 %	47,6 %	50,61 %	37,54 %
Current Ratio	21,6	13,96	20,53	10,55
Quick Ratio	21,6	13,96	20,53	10,55
Equity Ratio	0,55	0,52	0,49	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %