TORVET 6 A AS

3181 HORTEN

Finances

Share Ownership

Return on Equity

9,76 %

Current Ratio

0,97

Debt-to-Equity Ratio

2,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	612 000	685 000	2 634 000	2 763 000
Net Income	140 000	127 000	892 000	822 000
Total Assets	4 731 000	4 860 000	19 744 000	21 361 000
Total Equity	1 434 000	1 444 000	3 981 000	3 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	612 000	685 000	2 634 000	2 763 000
Expenditure	320 000	441 000	986 000	1 109 000
Operating Profit	292 000	243 000	1 648 000	1 654 000
Financial Income	0	0	1 000	4 000
Financial Costs	113 000	80 000	506 000	603 000
Financial Balance	−113 000	−80 000	−505 000	−599 000
Earnings Before Tax	179 000	163 000	1 143 000	1 054 000
Tax	39 000	36 000	252 000	232 000
Net Income	140 000	127 000	892 000	822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 592 000	4 761 000	19 273 000	20 106 000
Total Current Assets	138 000	99 000	471 000	1 256 000
Total Assets	4 731 000	4 860 000	19 744 000	21 361 000
Total Retained Equity	1 234 000	1 244 000	2 981 000	2 089 000
Total Equity	1 434 000	1 444 000	3 981 000	3 089 000
Total Long-Term Debt	3 155 000	3 363 000	15 474 000	17 931 000
Total Current Debt	142 000	54 000	290 000	342 000
Total Equity and Debt	4 731 000	4 860 000	19 744 000	21 361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 000	36 000	0	0
Other Income	579 000	648 000	2 634 000	2 763 000
Revenue	612 000	685 000	2 634 000	2 763 000
Cost of Goods Sold	0	0	0	0
Salary Costs	39 000	65 000	0	0
Depreciation	214 000	213 000	581 000	625 000
Impairment	0	0	0	0
Expenditure	320 000	441 000	986 000	1 109 000
Operating Profit	292 000	243 000	1 648 000	1 654 000
Financial Income	0	0	1 000	4 000
Financial Costs	113 000	80 000	506 000	603 000
Financial Balance	−113 000	−80 000	−505 000	−599 000
Dividends	0	0	0	0
Net Income	140 000	127 000	892 000	822 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	0	236 000	488 000
Real Eastate	4 582 000	4 761 000	19 037 000	19 618 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 582 000	4 761 000	19 037 000	19 618 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 592 000	4 761 000	19 273 000	20 106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	89 000	392 000	1 093 000
Total Current Assets	138 000	99 000	471 000	1 256 000
Total Assets	4 731 000	4 860 000	19 744 000	21 361 000
Total Equity	1 434 000	1 444 000	3 981 000	3 089 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 155 000	3 363 000	15 474 000	17 931 000
Creditors	51 000	0	74 000	124 000
Unpaid Taxes	12 000	28 000	74 000	73 000
Dividends	0	0	0	0
Other Current Debt	28 000	26 000	142 000	145 000
Total Current Debt	142 000	54 000	290 000	342 000
Total Equity and Debt	4 731 000	4 860 000	19 744 000	21 361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,76 %	8,8 %	22,41 %	26,61 %
Debt-to-Equity Ratio	2,2	2,33	3,89	5,8
Operating Profit Margin	47,71 %	35,47 %	62,57 %	59,86 %
Current Ratio	0,97	1,83	1,62	3,67
Quick Ratio	0,97	1,83	1,62	3,67
Equity Ratio	0,3	0,3	0,2	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %