TORVMOEN AS

4640 SØGNE

Finances

Return on Equity

−1,18 %

Current Ratio

46,71

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	625 000	782 000	1 722 000	2 364 000
Net Income	−147 000	−34 000	−8 000	−145 000
Total Assets	21 702 000	24 338 000	24 323 000	24 738 000
Total Equity	12 425 000	12 572 000	12 606 000	12 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	625 000	782 000	1 722 000	2 364 000
Expenditure	572 000	646 000	1 468 000	2 280 000
Operating Profit	53 000	137 000	254 000	84 000
Financial Income	2 000	1 000	9 000	17 000
Financial Costs	244 000	181 000	273 000	287 000
Financial Balance	−242 000	−180 000	−264 000	−270 000
Earnings Before Tax	−189 000	−43 000	−10 000	−186 000
Tax	−42 000	−9 000	−2 000	−41 000
Net Income	−147 000	−34 000	−8 000	−145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 883 000	17 912 000	16 946 000	16 699 000
Total Current Assets	6 819 000	6 426 000	7 377 000	8 039 000
Total Assets	21 702 000	24 338 000	24 323 000	24 738 000
Total Retained Equity	6 187 000	6 335 000	6 368 000	6 376 000
Total Equity	12 425 000	12 572 000	12 606 000	12 614 000
Total Long-Term Debt	9 132 000	11 694 000	11 605 000	11 915 000
Total Current Debt	146 000	72 000	112 000	210 000
Total Equity and Debt	21 702 000	24 338 000	24 323 000	24 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	18 000	91 000	0
Other Income	625 000	765 000	1 631 000	2 364 000
Revenue	625 000	782 000	1 722 000	2 364 000
Cost of Goods Sold	245 000	446 000	1 149 000	1 938 000
Salary Costs	0	0	0	40 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	572 000	646 000	1 468 000	2 280 000
Operating Profit	53 000	137 000	254 000	84 000
Financial Income	2 000	1 000	9 000	17 000
Financial Costs	244 000	181 000	273 000	287 000
Financial Balance	−242 000	−180 000	−264 000	−270 000
Dividends	0	0	0	0
Net Income	−147 000	−34 000	−8 000	−145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	53 000	43 000	41 000
Real Eastate	12 334 000	15 160 000	14 203 000	14 203 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 334 000	15 160 000	14 203 000	14 203 000
Total Fiancial Fixed Assets	2 455 000	2 700 000	2 700 000	2 455 000
Total Fixed Assets	14 883 000	17 912 000	16 946 000	16 699 000
Stock	6 331 000	6 331 000	6 331 000	6 331 000
Total Investments	0	0	0	0
Cash, Bank	397 000	74 000	977 000	1 072 000
Total Current Assets	6 819 000	6 426 000	7 377 000	8 039 000
Total Assets	21 702 000	24 338 000	24 323 000	24 738 000
Total Equity	12 425 000	12 572 000	12 606 000	12 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 132 000	11 694 000	11 605 000	11 915 000
Creditors	89 000	10 000	67 000	128 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 000	62 000	46 000	82 000
Total Current Debt	146 000	72 000	112 000	210 000
Total Equity and Debt	21 702 000	24 338 000	24 323 000	24 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,18 %	−0,27 %	−0,06 %	−1,15 %
Debt-to-Equity Ratio	0,73	0,93	0,92	0,94
Operating Profit Margin	8,48 %	17,52 %	14,75 %	3,55 %
Current Ratio	46,71	89,25	65,87	38,28
Quick Ratio	−1,1	−1,03	−1,19	−1,31
Equity Ratio	0,57	0,52	0,52	0,51
Gross Profit Margin	60,8 %	42,97 %	33,28 %	18,02 %