TORVBEEN 10 AS

4073 RANDABERG

Finances

Return on Equity

−13,96 %

Current Ratio

1,95

Debt-to-Equity Ratio

10,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 962 000	2 183 000	4 119 000	1 858 000
Net Income	−627 000	126 000	560 000	432 000
Total Assets	50 314 000	51 004 000	19 813 000	20 175 000
Total Equity	4 490 000	4 542 000	4 417 000	3 856 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 962 000	2 183 000	4 119 000	1 858 000
Expenditure	710 000	960 000	2 751 000	643 000
Operating Profit	1 252 000	1 223 000	1 368 000	1 215 000
Financial Income	0	0	0	0
Financial Costs	2 056 000	1 062 000	650 000	661 000
Financial Balance	−2 056 000	−1 062 000	−650 000	−661 000
Earnings Before Tax	−804 000	161 000	719 000	554 000
Tax	−177 000	35 000	158 000	122 000
Net Income	−627 000	126 000	560 000	432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 897 000	50 360 000	17 850 000	18 166 000
Total Current Assets	417 000	644 000	1 963 000	2 009 000
Total Assets	50 314 000	51 004 000	19 813 000	20 175 000
Total Retained Equity	3 576 000	4 202 000	4 077 000	3 516 000
Total Equity	4 490 000	4 542 000	4 417 000	3 856 000
Total Long-Term Debt	45 610 000	46 264 000	14 775 000	15 314 000
Total Current Debt	214 000	197 000	621 000	1 005 000
Total Equity and Debt	50 314 000	51 004 000	19 813 000	20 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 746 000	20 000
Other Income	1 962 000	2 183 000	2 373 000	1 838 000
Revenue	1 962 000	2 183 000	4 119 000	1 858 000
Cost of Goods Sold	2 000	156 000	2 051 000	4 000
Salary Costs	0	0	0	0
Depreciation	350 000	340 000	337 000	331 000
Impairment	0	0	0	0
Expenditure	710 000	960 000	2 751 000	643 000
Operating Profit	1 252 000	1 223 000	1 368 000	1 215 000
Financial Income	0	0	0	0
Financial Costs	2 056 000	1 062 000	650 000	661 000
Financial Balance	−2 056 000	−1 062 000	−650 000	−661 000
Dividends	0	0	0	0
Net Income	−627 000	126 000	560 000	432 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 736 000	9 981 000	10 300 000	10 523 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	371 000	477 000	544 000	637 000
Total Tangible Assets	10 107 000	10 457 000	10 844 000	11 160 000
Total Fiancial Fixed Assets	39 790 000	39 903 000	7 006 000	7 006 000
Total Fixed Assets	49 897 000	50 360 000	17 850 000	18 166 000
Stock	145 000	145 000	145 000	145 000
Total Investments	0	0	0	0
Cash, Bank	16 000	282 000	37 000	620 000
Total Current Assets	417 000	644 000	1 963 000	2 009 000
Total Assets	50 314 000	51 004 000	19 813 000	20 175 000
Total Equity	4 490 000	4 542 000	4 417 000	3 856 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 610 000	46 264 000	14 775 000	15 314 000
Creditors	37 000	29 000	3 000	12 000
Unpaid Taxes	0	0	100 000	0
Dividends	0	0	0	0
Other Current Debt	177 000	102 000	354 000	871 000
Total Current Debt	214 000	197 000	621 000	1 005 000
Total Equity and Debt	50 314 000	51 004 000	19 813 000	20 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,96 %	2,77 %	12,68 %	11,2 %
Debt-to-Equity Ratio	10,16	10,19	3,35	3,97
Operating Profit Margin	63,81 %	56,02 %	33,21 %	65,39 %
Current Ratio	1,95	3,27	3,16	2
Quick Ratio	6,04	12,38	4,12	2,34
Equity Ratio	0,09	0,09	0,22	0,19
Gross Profit Margin	99,9 %	92,85 %	50,21 %	99,78 %