TORVET 3 LARVIK AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

10,53 %

Current Ratio

0,53

Debt-to-Equity Ratio

1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 061 000	1 697 000	1 579 000	1 720 000
Net Income	669 000	663 000	682 000	574 000
Total Assets	17 013 000	19 792 000	20 491 000	20 510 000
Total Equity	6 354 000	6 123 000	6 008 000	5 873 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 061 000	1 697 000	1 579 000	1 720 000
Expenditure	1 065 000	784 000	614 000	813 000
Operating Profit	996 000	912 000	965 000	907 000
Financial Income	154 000	252 000	316 000	316 000
Financial Costs	292 000	315 000	407 000	487 000
Financial Balance	−138 000	−63 000	−91 000	−171 000
Earnings Before Tax	858 000	850 000	874 000	736 000
Tax	189 000	187 000	192 000	162 000
Net Income	669 000	663 000	682 000	574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 612 000	19 245 000	20 057 000	20 218 000
Total Current Assets	401 000	547 000	434 000	292 000
Total Assets	17 013 000	19 792 000	20 491 000	20 510 000
Total Retained Equity	3 933 000	3 702 000	3 586 000	3 451 000
Total Equity	6 354 000	6 123 000	6 008 000	5 873 000
Total Long-Term Debt	9 897 000	12 574 000	13 143 000	13 477 000
Total Current Debt	761 000	1 095 000	1 340 000	1 160 000
Total Equity and Debt	17 013 000	19 792 000	20 491 000	20 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 061 000	1 697 000	1 579 000	1 720 000
Revenue	2 061 000	1 697 000	1 579 000	1 720 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	236 000	187 000	187 000	187 000
Impairment	0	0	0	0
Expenditure	1 065 000	784 000	614 000	813 000
Operating Profit	996 000	912 000	965 000	907 000
Financial Income	154 000	252 000	316 000	316 000
Financial Costs	292 000	315 000	407 000	487 000
Financial Balance	−138 000	−63 000	−91 000	−171 000
Dividends	0	0	0	0
Net Income	669 000	663 000	682 000	574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 612 000	14 228 000	14 416 000	14 603 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 612 000	14 228 000	14 416 000	14 603 000
Total Fiancial Fixed Assets	0	5 017 000	5 641 000	5 615 000
Total Fixed Assets	16 612 000	19 245 000	20 057 000	20 218 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	505 000	431 000	243 000
Total Current Assets	401 000	547 000	434 000	292 000
Total Assets	17 013 000	19 792 000	20 491 000	20 510 000
Total Equity	6 354 000	6 123 000	6 008 000	5 873 000
Short-Term Group Debt	562 000	0	0	0
Total Long-Term Debt	9 897 000	12 574 000	13 143 000	13 477 000
Creditors	139 000	39 000	39 000	35 000
Unpaid Taxes	23 000	18 000	21 000	19 000
Dividends	0	0	0	0
Other Current Debt	0	1 038 000	1 280 000	1 106 000
Total Current Debt	761 000	1 095 000	1 340 000	1 160 000
Total Equity and Debt	17 013 000	19 792 000	20 491 000	20 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,53 %	10,83 %	11,35 %	9,77 %
Debt-to-Equity Ratio	1,56	2,05	2,19	2,29
Operating Profit Margin	48,33 %	53,74 %	61,11 %	52,73 %
Current Ratio	0,53	0,5	0,32	0,25
Quick Ratio	0,53	0,5	0,32	0,25
Equity Ratio	0,37	0,31	0,29	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %