TØRRESEN EIENDOM AS

4515 MANDAL

Finances

Return on Equity

15,4 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−16 000	7 021 000	1 172 000	1 263 000
Net Income	1 232 000	5 964 000	590 000	153 000
Total Assets	15 017 000	15 783 000	10 457 000	9 843 000
Total Equity	8 002 000	7 270 000	3 306 000	2 715 000

Income (NOK)	2022	2021	2020	2019
Revenue	−16 000	7 021 000	1 172 000	1 263 000
Expenditure	84 000	799 000	740 000	919 000
Operating Profit	−100 000	6 223 000	432 000	344 000
Financial Income	4 345 000	1 419 000	615 000	1 000
Financial Costs	2 643 000	332 000	393 000	149 000
Financial Balance	1 702 000	1 087 000	222 000	−148 000
Earnings Before Tax	1 602 000	7 310 000	654 000	197 000
Tax	370 000	1 346 000	63 000	43 000
Net Income	1 232 000	5 964 000	590 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	5 011 000	7 654 000
Total Current Assets	15 017 000	15 783 000	5 446 000	2 189 000
Total Assets	15 017 000	15 783 000	10 457 000	9 843 000
Total Retained Equity	7 602 000	6 870 000	2 906 000	2 315 000
Total Equity	8 002 000	7 270 000	3 306 000	2 715 000
Total Long-Term Debt	35 000	48 000	107 000	160 000
Total Current Debt	6 980 000	8 466 000	7 045 000	6 967 000
Total Equity and Debt	15 017 000	15 783 000	10 457 000	9 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	−16 000	7 021 000	1 172 000	1 263 000
Revenue	−16 000	7 021 000	1 172 000	1 263 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	297 000	456 000	570 000
Impairment	0	0	0	0
Expenditure	84 000	799 000	740 000	919 000
Operating Profit	−100 000	6 223 000	432 000	344 000
Financial Income	4 345 000	1 419 000	615 000	1 000
Financial Costs	2 643 000	332 000	393 000	149 000
Financial Balance	1 702 000	1 087 000	222 000	−148 000
Dividends	500 000	2 000 000	0	0
Net Income	1 232 000	5 964 000	590 000	153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	4 500 000	6 816 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	511 000	838 000
Total Tangible Assets	0	0	5 011 000	7 654 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	5 011 000	7 654 000
Stock	0	0	0	0
Total Investments	14 351 000	12 105 000	1 574 000	145 000
Cash, Bank	565 000	3 678 000	3 738 000	1 961 000
Total Current Assets	15 017 000	15 783 000	5 446 000	2 189 000
Total Assets	15 017 000	15 783 000	10 457 000	9 843 000
Total Equity	8 002 000	7 270 000	3 306 000	2 715 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	48 000	107 000	160 000
Creditors	2 000	−1 000	12 000	0
Unpaid Taxes	0	38 000	90 000	98 000
Dividends	500 000	2 000 000	0	0
Other Current Debt	6 596 000	7 024 000	6 826 000	6 777 000
Total Current Debt	6 980 000	8 466 000	7 045 000	6 967 000
Total Equity and Debt	15 017 000	15 783 000	10 457 000	9 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,4 %	82,04 %	17,85 %	5,64 %
Debt-to-Equity Ratio	0	0,01	0,03	0,06
Operating Profit Margin	625 %	88,63 %	36,86 %	27,24 %
Current Ratio	2,15	1,86	0,77	0,31
Quick Ratio	2,15	1,86	0,77	0,31
Equity Ratio	0,53	0,46	0,32	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %