TORVMYRANE 31 AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

8,61 %

Current Ratio

1,7

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 407 000	1 320 000	1 340 000	1 450 000
Net Income	412 000	393 000	366 000	624 000
Total Assets	12 234 000	13 313 000	15 761 000	15 918 000
Total Equity	4 785 000	5 208 000	6 490 000	6 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 407 000	1 320 000	1 340 000	1 450 000
Expenditure	609 000	611 000	597 000	579 000
Operating Profit	799 000	709 000	743 000	871 000
Financial Income	2 000	1 000	1 000	205 000
Financial Costs	273 000	207 000	274 000	333 000
Financial Balance	−271 000	−206 000	−273 000	−128 000
Earnings Before Tax	528 000	503 000	470 000	743 000
Tax	116 000	111 000	103 000	120 000
Net Income	412 000	393 000	366 000	624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 840 000	12 922 000	15 235 000	15 423 000
Total Current Assets	394 000	391 000	525 000	494 000
Total Assets	12 234 000	13 313 000	15 761 000	15 918 000
Total Retained Equity	2 518 000	2 941 000	4 223 000	3 857 000
Total Equity	4 785 000	5 208 000	6 490 000	6 124 000
Total Long-Term Debt	7 217 000	7 953 000	8 679 000	9 344 000
Total Current Debt	232 000	152 000	592 000	450 000
Total Equity and Debt	12 234 000	13 313 000	15 761 000	15 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 407 000	1 320 000	1 340 000	1 450 000
Other Income	0	0	0	0
Revenue	1 407 000	1 320 000	1 340 000	1 450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	449 000	438 000	438 000	438 000
Impairment	0	0	0	0
Expenditure	609 000	611 000	597 000	579 000
Operating Profit	799 000	709 000	743 000	871 000
Financial Income	2 000	1 000	1 000	205 000
Financial Costs	273 000	207 000	274 000	333 000
Financial Balance	−271 000	−206 000	−273 000	−128 000
Dividends	0	0	0	200 000
Net Income	412 000	393 000	366 000	624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 628 000	12 922 000	13 360 000	13 798 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	0	0	0
Total Tangible Assets	11 670 000	12 922 000	13 360 000	13 798 000
Total Fiancial Fixed Assets	170 000	0	1 875 000	1 625 000
Total Fixed Assets	11 840 000	12 922 000	15 235 000	15 423 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	177 000	259 000	64 000
Total Current Assets	394 000	391 000	525 000	494 000
Total Assets	12 234 000	13 313 000	15 761 000	15 918 000
Total Equity	4 785 000	5 208 000	6 490 000	6 124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 217 000	7 953 000	8 679 000	9 344 000
Creditors	0	0	0	0
Unpaid Taxes	60 000	0	52 000	0
Dividends	0	0	0	200 000
Other Current Debt	25 000	19 000	419 000	119 000
Total Current Debt	232 000	152 000	592 000	450 000
Total Equity and Debt	12 234 000	13 313 000	15 761 000	15 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,61 %	7,55 %	5,64 %	10,19 %
Debt-to-Equity Ratio	1,51	1,53	1,34	1,53
Operating Profit Margin	56,79 %	53,71 %	55,45 %	60,07 %
Current Ratio	1,7	2,57	0,89	1,1
Quick Ratio	1,7	2,57	0,89	1,1
Equity Ratio	0,39	0,39	0,41	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %