TORGGATA 18 AS

0975 OSLO

Finances

Share Ownership

Return on Equity

−5,07 %

Current Ratio

0,69

Debt-to-Equity Ratio

3,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 492 000	0	0	400 000
Net Income	−2 125 000	−578 000	−473 000	−153 000
Total Assets	188 501 000	139 828 000	57 108 000	43 383 000
Total Equity	41 944 000	39 568 000	38 686 000	35 382 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 492 000	0	0	400 000
Expenditure	1 774 000	913 000	729 000	1 351 000
Operating Profit	3 718 000	−913 000	−729 000	−951 000
Financial Income	195 000	172 000	254 000	755 000
Financial Costs	6 638 000	0	131 000	0
Financial Balance	−6 443 000	172 000	123 000	755 000
Earnings Before Tax	−2 725 000	−742 000	−606 000	−196 000
Tax	−599 000	−163 000	−133 000	−43 000
Net Income	−2 125 000	−578 000	−473 000	−153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 251 000	136 782 000	52 758 000	30 733 000
Total Current Assets	2 250 000	3 046 000	4 350 000	12 650 000
Total Assets	188 501 000	139 828 000	57 108 000	43 383 000
Total Retained Equity	31 659 000	33 784 000	34 363 000	34 835 000
Total Equity	41 944 000	39 568 000	38 686 000	35 382 000
Total Long-Term Debt	143 273 000	92 656 000	8 990 000	7 124 000
Total Current Debt	3 284 000	7 603 000	9 432 000	877 000
Total Equity and Debt	188 501 000	139 828 000	57 108 000	43 383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 492 000	0	0	400 000
Revenue	5 492 000	0	0	400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 774 000	913 000	729 000	1 351 000
Operating Profit	3 718 000	−913 000	−729 000	−951 000
Financial Income	195 000	172 000	254 000	755 000
Financial Costs	6 638 000	0	131 000	0
Financial Balance	−6 443 000	172 000	123 000	755 000
Dividends	0	0	0	0
Net Income	−2 125 000	−578 000	−473 000	−153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	170 996 000	123 502 000	38 334 000	11 929 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	0	0	0
Total Tangible Assets	171 030 000	123 502 000	38 334 000	11 929 000
Total Fiancial Fixed Assets	15 221 000	13 280 000	14 425 000	18 804 000
Total Fixed Assets	186 251 000	136 782 000	52 758 000	30 733 000
Stock	0	0	0	12 507 000
Total Investments	0	0	0	0
Cash, Bank	917 000	252 000	83 000	110 000
Total Current Assets	2 250 000	3 046 000	4 350 000	12 650 000
Total Assets	188 501 000	139 828 000	57 108 000	43 383 000
Total Equity	41 944 000	39 568 000	38 686 000	35 382 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	143 273 000	92 656 000	8 990 000	7 124 000
Creditors	2 985 000	7 472 000	9 301 000	873 000
Unpaid Taxes	0	0	0	5 000
Dividends	0	0	0	0
Other Current Debt	299 000	131 000	131 000	0
Total Current Debt	3 284 000	7 603 000	9 432 000	877 000
Total Equity and Debt	188 501 000	139 828 000	57 108 000	43 383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,07 %	−1,46 %	−1,22 %	−0,43 %
Debt-to-Equity Ratio	3,42	2,34	0,23	0,2
Operating Profit Margin	67,7 %	-	-	−237,75 %
Current Ratio	0,69	0,4	0,46	14,42
Quick Ratio	0,69	0,4	0,46	−1,09
Equity Ratio	0,22	0,28	0,68	0,82
Gross Profit Margin	100 %	-	-	100 %