TORVHOLMEN AS

2632 VENABYGD

Finances

Share Ownership

Return on Equity

−37,87 %

Current Ratio

0,53

Debt-to-Equity Ratio

6,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	285 000	127 000	100 000	46 000
Net Income	−709 000	−683 000	−1 007 000	−554 000
Total Assets	14 993 000	14 457 000	12 900 000	12 734 000
Total Equity	1 872 000	2 582 000	3 265 000	4 272 000

Income (NOK)	2022	2021	2020	2019
Revenue	285 000	127 000	100 000	46 000
Expenditure	709 000	727 000	1 209 000	624 000
Operating Profit	−423 000	−600 000	−1 108 000	−578 000
Financial Income	64 000	64 000	71 000	86 000
Financial Costs	547 000	340 000	249 000	218 000
Financial Balance	−483 000	−276 000	−178 000	−132 000
Earnings Before Tax	−907 000	−876 000	−1 287 000	−710 000
Tax	−198 000	−193 000	−280 000	−156 000
Net Income	−709 000	−683 000	−1 007 000	−554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 629 000	13 839 000	12 713 000	12 309 000
Total Current Assets	364 000	619 000	187 000	425 000
Total Assets	14 993 000	14 457 000	12 900 000	12 734 000
Total Retained Equity	1 572 000	2 282 000	2 965 000	3 972 000
Total Equity	1 872 000	2 582 000	3 265 000	4 272 000
Total Long-Term Debt	12 437 000	11 211 000	9 467 000	7 620 000
Total Current Debt	683 000	664 000	169 000	842 000
Total Equity and Debt	14 993 000	14 457 000	12 900 000	12 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	225 000	94 000	54 000	46 000
Other Income	60 000	33 000	46 000	0
Revenue	285 000	127 000	100 000	46 000
Cost of Goods Sold	29 000	0	15 000	0
Salary Costs	0	0	0	0
Depreciation	339 000	393 000	381 000	146 000
Impairment	0	0	87 000	0
Expenditure	709 000	727 000	1 209 000	624 000
Operating Profit	−423 000	−600 000	−1 108 000	−578 000
Financial Income	64 000	64 000	71 000	86 000
Financial Costs	547 000	340 000	249 000	218 000
Financial Balance	−483 000	−276 000	−178 000	−132 000
Dividends	0	0	0	0
Net Income	−709 000	−683 000	−1 007 000	−554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 886 000	11 825 000	10 566 000	10 265 000
Machinery and Plant Facilities	0	33 000	120 000	0
Fixtures	30 000	39 000	34 000	102 000
Total Tangible Assets	12 916 000	11 897 000	10 721 000	10 681 000
Total Fiancial Fixed Assets	1 713 000	1 941 000	1 992 000	1 628 000
Total Fixed Assets	14 629 000	13 839 000	12 713 000	12 309 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	546 000	57 000	20 000
Total Current Assets	364 000	619 000	187 000	425 000
Total Assets	14 993 000	14 457 000	12 900 000	12 734 000
Total Equity	1 872 000	2 582 000	3 265 000	4 272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 437 000	11 211 000	9 467 000	7 620 000
Creditors	654 000	661 000	144 000	109 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	29 000	3 000	25 000	3 000
Total Current Debt	683 000	664 000	169 000	842 000
Total Equity and Debt	14 993 000	14 457 000	12 900 000	12 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,87 %	−26,45 %	−30,84 %	−12,97 %
Debt-to-Equity Ratio	6,64	4,34	2,9	1,78
Operating Profit Margin	−148,42 %	−472,44 %	−1 108 %	−1 256,52 %
Current Ratio	0,53	0,93	1,11	0,5
Quick Ratio	0,53	0,93	1,11	0,5
Equity Ratio	0,12	0,18	0,25	0,34
Gross Profit Margin	89,82 %	100 %	85 %	100 %