TÅRNKVARTALET AS

3017 DRAMMEN

Finances

Share Ownership

Return on Equity

18,31 %

Current Ratio

0,16

Debt-to-Equity Ratio

6,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 196 000	11 315 000	10 604 000	10 829 000
Net Income	1 851 000	2 813 000	3 014 000	2 182 000
Total Assets	86 556 000	79 509 000	78 963 000	78 894 000
Total Equity	10 110 000	10 110 000	10 110 000	10 110 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 196 000	11 315 000	10 604 000	10 829 000
Expenditure	6 554 000	5 354 000	4 365 000	4 628 000
Operating Profit	5 642 000	5 962 000	6 240 000	6 201 000
Financial Income	0	0	0	0
Financial Costs	3 270 000	2 355 000	2 377 000	3 403 000
Financial Balance	−3 270 000	−2 355 000	−2 377 000	−3 403 000
Earnings Before Tax	2 372 000	3 607 000	3 864 000	2 798 000
Tax	522 000	793 000	850 000	616 000
Net Income	1 851 000	2 813 000	3 014 000	2 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 210 000	79 103 000	78 649 000	78 377 000
Total Current Assets	1 346 000	405 000	314 000	517 000
Total Assets	86 556 000	79 509 000	78 963 000	78 894 000
Total Retained Equity	10 000	10 000	10 000	10 000
Total Equity	10 110 000	10 110 000	10 110 000	10 110 000
Total Long-Term Debt	67 924 000	63 524 000	62 442 000	62 289 000
Total Current Debt	8 522 000	5 874 000	6 411 000	6 495 000
Total Equity and Debt	86 556 000	79 509 000	78 963 000	78 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	12 196 000	11 315 000	10 604 000	10 829 000
Revenue	12 196 000	11 315 000	10 604 000	10 829 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 048 000	1 007 000	976 000	953 000
Impairment	0	0	0	0
Expenditure	6 554 000	5 354 000	4 365 000	4 628 000
Operating Profit	5 642 000	5 962 000	6 240 000	6 201 000
Financial Income	0	0	0	0
Financial Costs	3 270 000	2 355 000	2 377 000	3 403 000
Financial Balance	−3 270 000	−2 355 000	−2 377 000	−3 403 000
Dividends	0	0	0	0
Net Income	1 851 000	2 813 000	3 014 000	2 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	84 962 000	79 084 000	78 604 000	78 234 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	84 962 000	79 084 000	78 604 000	78 234 000
Total Fiancial Fixed Assets	248 000	20 000	45 000	143 000
Total Fixed Assets	85 210 000	79 103 000	78 649 000	78 377 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	104 000	69 000	80 000
Total Current Assets	1 346 000	405 000	314 000	517 000
Total Assets	86 556 000	79 509 000	78 963 000	78 894 000
Total Equity	10 110 000	10 110 000	10 110 000	10 110 000
Short-Term Group Debt	2 047 000	2 958 000	3 014 000	2 182 000
Total Long-Term Debt	67 924 000	63 524 000	62 442 000	62 289 000
Creditors	2 484 000	364 000	829 000	828 000
Unpaid Taxes	0	0	0	149 000
Dividends	0	0	0	0
Other Current Debt	3 991 000	2 552 000	2 568 000	3 335 000
Total Current Debt	8 522 000	5 874 000	6 411 000	6 495 000
Total Equity and Debt	86 556 000	79 509 000	78 963 000	78 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,31 %	27,82 %	29,81 %	21,58 %
Debt-to-Equity Ratio	6,72	6,28	6,18	6,16
Operating Profit Margin	46,26 %	52,69 %	58,85 %	57,26 %
Current Ratio	0,16	0,07	0,05	0,08
Quick Ratio	0,16	0,07	0,05	0,08
Equity Ratio	0,12	0,13	0,13	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %