TORFJELL INVEST AS

4016 STAVANGER

Finances

Return on Equity

−0,07 %

Current Ratio

0,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	63 964 000
Net Income	−11 000	−11 000	−14 000	−20 260 000
Total Assets	14 900 000	14 912 000	14 923 000	77 904 000
Total Equity	14 824 000	14 835 000	14 846 000	10 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	63 964 000
Expenditure	11 000	11 000	14 000	80 513 000
Operating Profit	−11 000	−11 000	−14 000	−16 549 000
Financial Income	0	0	0	390 000
Financial Costs	0	0	0	3 236 000
Financial Balance	0	0	0	−2 846 000
Earnings Before Tax	−11 000	−11 000	−14 000	−19 395 000
Tax	0	0	0	865 000
Net Income	−11 000	−11 000	−14 000	−20 260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 894 000	14 905 000	14 916 000	26 097 000
Total Current Assets	7 000	7 000	7 000	51 807 000
Total Assets	14 900 000	14 912 000	14 923 000	77 904 000
Total Retained Equity	5 504 000	5 515 000	5 526 000	912 000
Total Equity	14 824 000	14 835 000	14 846 000	10 232 000
Total Long-Term Debt	0	0	0	29 611 000
Total Current Debt	77 000	77 000	77 000	38 062 000
Total Equity and Debt	14 900 000	14 912 000	14 923 000	77 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	62 947 000
Other Income	0	0	0	1 017 000
Revenue	0	0	0	63 964 000
Cost of Goods Sold	0	0	0	38 147 000
Salary Costs	0	0	0	17 880 000
Depreciation	0	0	0	2 105 000
Impairment	0	0	0	0
Expenditure	11 000	11 000	14 000	80 513 000
Operating Profit	−11 000	−11 000	−14 000	−16 549 000
Financial Income	0	0	0	390 000
Financial Costs	0	0	0	3 236 000
Financial Balance	0	0	0	−2 846 000
Dividends	0	0	0	0
Net Income	−11 000	−11 000	−14 000	−20 260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	24 642 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	299 000
Total Tangible Assets	0	0	0	24 941 000
Total Fiancial Fixed Assets	14 894 000	14 905 000	14 916 000	1 156 000
Total Fixed Assets	14 894 000	14 905 000	14 916 000	26 097 000
Stock	0	0	0	35 369 000
Total Investments	0	0	0	0
Cash, Bank	7 000	7 000	7 000	730 000
Total Current Assets	7 000	7 000	7 000	51 807 000
Total Assets	14 900 000	14 912 000	14 923 000	77 904 000
Total Equity	14 824 000	14 835 000	14 846 000	10 232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	29 611 000
Creditors	0	0	0	19 144 000
Unpaid Taxes	0	0	0	2 768 000
Dividends	0	0	0	0
Other Current Debt	77 000	77 000	77 000	2 377 000
Total Current Debt	77 000	77 000	77 000	38 062 000
Total Equity and Debt	14 900 000	14 912 000	14 923 000	77 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,07 %	−0,07 %	−0,09 %	−198,01 %
Debt-to-Equity Ratio	0	0	0	2,89
Operating Profit Margin	-	-	-	−25,87 %
Current Ratio	0,09	0,09	0,09	1,36
Quick Ratio	0,09	0,09	0,09	19,24
Equity Ratio	0,99	0,99	0,99	0,13
Gross Profit Margin	-	-	-	40,36 %