TORGGATEN 2 AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

14,29 %

Current Ratio

2,38

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	951 000	886 000	900 000	1 038 000
Net Income	351 000	263 000	215 000	531 000
Total Assets	3 590 000	4 282 000	4 145 000	3 980 000
Total Equity	2 457 000	3 005 000	2 743 000	2 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	951 000	886 000	900 000	1 038 000
Expenditure	570 000	589 000	636 000	459 000
Operating Profit	381 000	297 000	264 000	579 000
Financial Income	9 000	0	0	0
Financial Costs	38 000	33 000	49 000	48 000
Financial Balance	−29 000	−33 000	−49 000	−48 000
Earnings Before Tax	352 000	263 000	215 000	532 000
Tax	1 000	1 000	0	1 000
Net Income	351 000	263 000	215 000	531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 916 000	3 006 000	3 097 000	3 187 000
Total Current Assets	675 000	1 276 000	1 048 000	792 000
Total Assets	3 590 000	4 282 000	4 145 000	3 980 000
Total Retained Equity	1 302 000	1 850 000	1 588 000	1 373 000
Total Equity	2 457 000	3 005 000	2 743 000	2 528 000
Total Long-Term Debt	850 000	1 000 000	1 150 000	1 225 000
Total Current Debt	284 000	276 000	252 000	227 000
Total Equity and Debt	3 590 000	4 282 000	4 145 000	3 980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	901 000	812 000	800 000	771 000
Other Income	50 000	74 000	100 000	268 000
Revenue	951 000	886 000	900 000	1 038 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	91 000	91 000	91 000	110 000
Impairment	0	0	0	0
Expenditure	570 000	589 000	636 000	459 000
Operating Profit	381 000	297 000	264 000	579 000
Financial Income	9 000	0	0	0
Financial Costs	38 000	33 000	49 000	48 000
Financial Balance	−29 000	−33 000	−49 000	−48 000
Dividends	0	0	0	0
Net Income	351 000	263 000	215 000	531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	688 000	688 000	688 000	688 000
Machinery and Plant Facilities	2 218 000	2 308 000	2 399 000	2 489 000
Fixtures	0	0	0	0
Total Tangible Assets	2 906 000	2 996 000	3 087 000	3 177 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	2 916 000	3 006 000	3 097 000	3 187 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	446 000	1 022 000	794 000	502 000
Total Current Assets	675 000	1 276 000	1 048 000	792 000
Total Assets	3 590 000	4 282 000	4 145 000	3 980 000
Total Equity	2 457 000	3 005 000	2 743 000	2 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	850 000	1 000 000	1 150 000	1 225 000
Creditors	21 000	25 000	0	6 000
Unpaid Taxes	34 000	24 000	26 000	17 000
Dividends	0	0	0	0
Other Current Debt	229 000	227 000	226 000	203 000
Total Current Debt	284 000	276 000	252 000	227 000
Total Equity and Debt	3 590 000	4 282 000	4 145 000	3 980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,29 %	8,75 %	7,84 %	21 %
Debt-to-Equity Ratio	0,35	0,33	0,42	0,48
Operating Profit Margin	40,06 %	33,52 %	29,33 %	55,78 %
Current Ratio	2,38	4,62	4,16	3,49
Quick Ratio	2,38	4,62	4,16	3,49
Equity Ratio	0,68	0,7	0,66	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %