TORGETEN AS

8300 SVOLVÆR

Finances

Return on Equity

8,29 %

Current Ratio

5,85

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 322 000	3 208 000	2 811 000	2 873 000
Net Income	718 000	699 000	655 000	503 000
Total Assets	22 537 000	22 583 000	24 685 000	24 094 000
Total Equity	8 658 000	7 939 000	8 040 000	7 386 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 322 000	3 208 000	2 811 000	2 873 000
Expenditure	1 929 000	2 017 000	1 518 000	1 659 000
Operating Profit	1 393 000	1 190 000	1 293 000	1 214 000
Financial Income	0	32 000	1 000	1 000
Financial Costs	473 000	325 000	454 000	570 000
Financial Balance	−473 000	−293 000	−453 000	−569 000
Earnings Before Tax	921 000	896 000	840 000	644 000
Tax	203 000	197 000	185 000	142 000
Net Income	718 000	699 000	655 000	503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 723 000	20 383 000	22 063 000	21 673 000
Total Current Assets	2 815 000	2 200 000	2 622 000	2 421 000
Total Assets	22 537 000	22 583 000	24 685 000	24 094 000
Total Retained Equity	4 128 000	3 409 000	3 510 000	2 856 000
Total Equity	8 658 000	7 939 000	8 040 000	7 386 000
Total Long-Term Debt	13 399 000	14 172 000	16 438 000	16 535 000
Total Current Debt	481 000	471 000	206 000	174 000
Total Equity and Debt	22 537 000	22 583 000	24 685 000	24 094 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 322 000	3 208 000	2 811 000	2 873 000
Revenue	3 322 000	3 208 000	2 811 000	2 873 000
Cost of Goods Sold	0	0	0	0
Salary Costs	137 000	114 000	62 000	11 000
Depreciation	784 000	780 000	779 000	770 000
Impairment	0	0	0	0
Expenditure	1 929 000	2 017 000	1 518 000	1 659 000
Operating Profit	1 393 000	1 190 000	1 293 000	1 214 000
Financial Income	0	32 000	1 000	1 000
Financial Costs	473 000	325 000	454 000	570 000
Financial Balance	−473 000	−293 000	−453 000	−569 000
Dividends	0	0	0	0
Net Income	718 000	699 000	655 000	503 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 693 000	18 315 000	19 057 000	19 529 000
Machinery and Plant Facilities	180 000	218 000	256 000	294 000
Fixtures	0	0	0	0
Total Tangible Assets	17 873 000	18 533 000	19 313 000	19 823 000
Total Fiancial Fixed Assets	1 850 000	1 850 000	2 750 000	1 850 000
Total Fixed Assets	19 723 000	20 383 000	22 063 000	21 673 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 323 000	1 792 000	2 357 000	2 086 000
Total Current Assets	2 815 000	2 200 000	2 622 000	2 421 000
Total Assets	22 537 000	22 583 000	24 685 000	24 094 000
Total Equity	8 658 000	7 939 000	8 040 000	7 386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 399 000	14 172 000	16 438 000	16 535 000
Creditors	115 000	169 000	48 000	71 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	110 000	59 000	57 000	103 000
Total Current Debt	481 000	471 000	206 000	174 000
Total Equity and Debt	22 537 000	22 583 000	24 685 000	24 094 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,29 %	8,8 %	8,15 %	6,81 %
Debt-to-Equity Ratio	1,55	1,79	2,04	2,24
Operating Profit Margin	41,93 %	37,09 %	46 %	42,26 %
Current Ratio	5,85	4,67	12,73	13,91
Quick Ratio	5,85	4,67	12,73	13,91
Equity Ratio	0,38	0,35	0,33	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %