TORVET EIENDOM FARSUND AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

2,83 %

Current Ratio

1,78

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 269 000	1 285 000	1 272 000	1 144 000
Net Income	158 000	391 000	80 000	198 000
Total Assets	13 159 000	13 359 000	13 285 000	13 691 000
Total Equity	5 588 000	5 491 000	5 168 000	5 088 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 269 000	1 285 000	1 272 000	1 144 000
Expenditure	789 000	602 000	946 000	612 000
Operating Profit	480 000	682 000	326 000	532 000
Financial Income	0	0	0	1 000
Financial Costs	278 000	180 000	223 000	279 000
Financial Balance	−278 000	−180 000	−223 000	−278 000
Earnings Before Tax	203 000	501 000	103 000	253 000
Tax	45 000	110 000	24 000	56 000
Net Income	158 000	391 000	80 000	198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 434 000	12 606 000	12 678 000	12 849 000
Total Current Assets	725 000	754 000	606 000	842 000
Total Assets	13 159 000	13 359 000	13 285 000	13 691 000
Total Retained Equity	5 266 000	5 170 000	4 847 000	4 767 000
Total Equity	5 588 000	5 491 000	5 168 000	5 088 000
Total Long-Term Debt	7 164 000	7 587 000	7 946 000	8 372 000
Total Current Debt	407 000	281 000	171 000	231 000
Total Equity and Debt	13 159 000	13 359 000	13 285 000	13 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 269 000	1 285 000	1 272 000	1 144 000
Revenue	1 269 000	1 285 000	1 272 000	1 144 000
Cost of Goods Sold	0	0	0	0
Salary Costs	95 000	92 000	84 000	62 000
Depreciation	171 000	171 000	170 000	170 000
Impairment	0	0	0	0
Expenditure	789 000	602 000	946 000	612 000
Operating Profit	480 000	682 000	326 000	532 000
Financial Income	0	0	0	1 000
Financial Costs	278 000	180 000	223 000	279 000
Financial Balance	−278 000	−180 000	−223 000	−278 000
Dividends	0	0	0	0
Net Income	158 000	391 000	80 000	198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 367 000	12 523 000	12 580 000	12 734 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 000	83 000	99 000	114 000
Total Tangible Assets	12 434 000	12 606 000	12 678 000	12 849 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 434 000	12 606 000	12 678 000	12 849 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	370 000	464 000	377 000	676 000
Total Current Assets	725 000	754 000	606 000	842 000
Total Assets	13 159 000	13 359 000	13 285 000	13 691 000
Total Equity	5 588 000	5 491 000	5 168 000	5 088 000
Short-Term Group Debt	166 000	87 000	0	0
Total Long-Term Debt	7 164 000	7 587 000	7 946 000	8 372 000
Creditors	152 000	135 000	122 000	7 000
Unpaid Taxes	4 000	7 000	6 000	2 000
Dividends	0	0	0	0
Other Current Debt	85 000	52 000	43 000	221 000
Total Current Debt	407 000	281 000	171 000	231 000
Total Equity and Debt	13 159 000	13 359 000	13 285 000	13 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,83 %	7,12 %	1,55 %	3,89 %
Debt-to-Equity Ratio	1,28	1,38	1,54	1,65
Operating Profit Margin	37,83 %	53,07 %	25,63 %	46,5 %
Current Ratio	1,78	2,68	3,54	3,65
Quick Ratio	1,78	2,68	3,54	3,65
Equity Ratio	0,42	0,41	0,39	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %