TORSBYVEGEN 5 AS

4706 VENNESLA

Finances

Share Ownership

Return on Equity

−177,98 %

Current Ratio

5,7

Debt-to-Equity Ratio

−32,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 668 000	1 589 000	1 490 000	1 272 000
Net Income	671 000	158 000	−2 000	−106 000
Total Assets	12 307 000	12 461 000	12 577 000	13 281 000
Total Equity	−377 000	−1 048 000	−1 206 000	−1 204 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 668 000	1 589 000	1 490 000	1 272 000
Expenditure	1 172 000	1 009 000	1 028 000	925 000
Operating Profit	496 000	580 000	462 000	347 000
Financial Income	678 000	1 000	2 000	6 000
Financial Costs	491 000	423 000	466 000	458 000
Financial Balance	187 000	−422 000	−464 000	−452 000
Earnings Before Tax	683 000	158 000	−2 000	−106 000
Tax	12 000	0	0	0
Net Income	671 000	158 000	−2 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 871 000	11 567 000	12 263 000	12 959 000
Total Current Assets	1 436 000	895 000	314 000	323 000
Total Assets	12 307 000	12 461 000	12 577 000	13 281 000
Total Retained Equity	−477 000	−1 148 000	−1 306 000	−1 304 000
Total Equity	−377 000	−1 048 000	−1 206 000	−1 204 000
Total Long-Term Debt	12 431 000	13 061 000	13 690 000	14 320 000
Total Current Debt	252 000	449 000	93 000	166 000
Total Equity and Debt	12 307 000	12 461 000	12 577 000	13 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 668 000	1 589 000	1 490 000	1 272 000
Revenue	1 668 000	1 589 000	1 490 000	1 272 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	696 000	696 000	696 000	662 000
Impairment	0	0	0	0
Expenditure	1 172 000	1 009 000	1 028 000	925 000
Operating Profit	496 000	580 000	462 000	347 000
Financial Income	678 000	1 000	2 000	6 000
Financial Costs	491 000	423 000	466 000	458 000
Financial Balance	187 000	−422 000	−464 000	−452 000
Dividends	0	0	0	0
Net Income	671 000	158 000	−2 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 871 000	11 567 000	12 263 000	12 959 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 871 000	11 567 000	12 263 000	12 959 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 871 000	11 567 000	12 263 000	12 959 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 300 000	795 000	283 000	244 000
Total Current Assets	1 436 000	895 000	314 000	323 000
Total Assets	12 307 000	12 461 000	12 577 000	13 281 000
Total Equity	−377 000	−1 048 000	−1 206 000	−1 204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 431 000	13 061 000	13 690 000	14 320 000
Creditors	20 000	29 000	7 000	8 000
Unpaid Taxes	0	0	0	8 000
Dividends	0	0	0	0
Other Current Debt	220 000	420 000	86 000	149 000
Total Current Debt	252 000	449 000	93 000	166 000
Total Equity and Debt	12 307 000	12 461 000	12 577 000	13 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−177,98 %	−15,08 %	0,17 %	8,8 %
Debt-to-Equity Ratio	−32,97	−12,46	−11,35	−11,89
Operating Profit Margin	29,74 %	36,5 %	31,01 %	27,28 %
Current Ratio	5,7	1,99	3,38	1,95
Quick Ratio	5,7	1,99	3,38	1,95
Equity Ratio	−0,03	−0,08	−0,1	−0,09
Gross Profit Margin	100 %	100 %	100 %	100 %