TORGERSRUD HOLDING AS

2218 LUNDERSÆTER

Finances

Return on Equity

63,42 %

Current Ratio

0,04

Debt-to-Equity Ratio

8,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 084 000	1 115 000	684 000	570 000
Net Income	326 000	321 000	118 000	−17 000
Total Assets	6 962 000	7 047 000	7 137 000	6 553 000
Total Equity	514 000	188 000	−132 000	−250 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 084 000	1 115 000	684 000	570 000
Expenditure	715 000	765 000	509 000	436 000
Operating Profit	369 000	350 000	175 000	132 000
Financial Income	5 000	5 000	6 000	5 000
Financial Costs	49 000	34 000	63 000	154 000
Financial Balance	−44 000	−29 000	−57 000	−149 000
Earnings Before Tax	326 000	321 000	118 000	−17 000
Tax	0	0	0	0
Net Income	326 000	321 000	118 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 892 000	6 991 000	7 081 000	6 700 000
Total Current Assets	70 000	56 000	56 000	−147 000
Total Assets	6 962 000	7 047 000	7 137 000	6 553 000
Total Retained Equity	−205 000	−530 000	−851 000	−969 000
Total Equity	514 000	188 000	−132 000	−250 000
Total Long-Term Debt	4 485 000	4 581 000	4 628 000	5 676 000
Total Current Debt	1 963 000	2 278 000	2 640 000	1 127 000
Total Equity and Debt	6 962 000	7 047 000	7 137 000	6 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 047 000	1 087 000	684 000	570 000
Other Income	37 000	28 000	0	0
Revenue	1 084 000	1 115 000	684 000	570 000
Cost of Goods Sold	79 000	114 000	62 000	38 000
Salary Costs	101 000	159 000	49 000	21 000
Depreciation	126 000	122 000	119 000	119 000
Impairment	0	0	0	0
Expenditure	715 000	765 000	509 000	436 000
Operating Profit	369 000	350 000	175 000	132 000
Financial Income	5 000	5 000	6 000	5 000
Financial Costs	49 000	34 000	63 000	154 000
Financial Balance	−44 000	−29 000	−57 000	−149 000
Dividends	0	0	0	0
Net Income	326 000	321 000	118 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 097 000	4 216 000	4 319 000	4 435 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	26 000	13 000	15 000
Total Tangible Assets	4 143 000	4 242 000	4 332 000	4 450 000
Total Fiancial Fixed Assets	2 749 000	2 749 000	2 749 000	2 249 000
Total Fixed Assets	6 892 000	6 991 000	7 081 000	6 700 000
Stock	9 000	12 000	12 000	15 000
Total Investments	0	0	0	0
Cash, Bank	4 000	20 000	9 000	−166 000
Total Current Assets	70 000	56 000	56 000	−147 000
Total Assets	6 962 000	7 047 000	7 137 000	6 553 000
Total Equity	514 000	188 000	−132 000	−250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 485 000	4 581 000	4 628 000	5 676 000
Creditors	52 000	14 000	25 000	17 000
Unpaid Taxes	15 000	39 000	5 000	6 000
Dividends	0	0	0	0
Other Current Debt	1 755 000	2 222 000	2 610 000	1 104 000
Total Current Debt	1 963 000	2 278 000	2 640 000	1 127 000
Total Equity and Debt	6 962 000	7 047 000	7 137 000	6 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,42 %	170,74 %	−89,39 %	6,8 %
Debt-to-Equity Ratio	8,73	24,37	−35,06	−22,7
Operating Profit Margin	34,04 %	31,39 %	25,58 %	23,16 %
Current Ratio	0,04	0,02	0,02	−0,13
Quick Ratio	0,04	0,02	0,02	−0,13
Equity Ratio	0,07	0,03	−0,02	−0,04
Gross Profit Margin	92,71 %	89,78 %	90,94 %	93,33 %