TORVET EIENDOM AS

1830 ASKIM

Finances

Share Ownership

Return on Equity

21,28 %

Current Ratio

2,99

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 864 000	21 097 000	19 909 000	21 940 000
Net Income	10 433 000	8 955 000	8 412 000	9 237 000
Total Assets	130 513 000	136 784 000	134 343 000	132 403 000
Total Equity	49 034 000	46 602 000	36 912 000	36 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 864 000	21 097 000	19 909 000	21 940 000
Expenditure	7 173 000	7 192 000	6 510 000	6 996 000
Operating Profit	15 691 000	13 905 000	13 399 000	14 944 000
Financial Income	424 000	15 000	100 000	332 000
Financial Costs	2 740 000	2 440 000	2 715 000	3 440 000
Financial Balance	−2 316 000	−2 425 000	−2 615 000	−3 108 000
Earnings Before Tax	13 376 000	11 481 000	10 785 000	11 837 000
Tax	2 943 000	2 526 000	2 373 000	2 600 000
Net Income	10 433 000	8 955 000	8 412 000	9 237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 606 000	94 286 000	96 554 000	99 027 000
Total Current Assets	38 907 000	42 497 000	37 789 000	33 376 000
Total Assets	130 513 000	136 784 000	134 343 000	132 403 000
Total Retained Equity	40 200 000	37 767 000	36 812 000	36 400 000
Total Equity	49 034 000	46 602 000	36 912 000	36 500 000
Total Long-Term Debt	68 472 000	77 905 000	85 522 000	83 892 000
Total Current Debt	13 007 000	12 277 000	11 909 000	12 011 000
Total Equity and Debt	130 513 000	136 784 000	134 343 000	132 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 372 000	20 775 000	19 540 000	21 564 000
Other Income	493 000	321 000	369 000	376 000
Revenue	22 864 000	21 097 000	19 909 000	21 940 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 201 000	3 126 000	2 392 000	1 882 000
Depreciation	2 680 000	2 678 000	2 647 000	2 656 000
Impairment	0	0	0	0
Expenditure	7 173 000	7 192 000	6 510 000	6 996 000
Operating Profit	15 691 000	13 905 000	13 399 000	14 944 000
Financial Income	424 000	15 000	100 000	332 000
Financial Costs	2 740 000	2 440 000	2 715 000	3 440 000
Financial Balance	−2 316 000	−2 425 000	−2 615 000	−3 108 000
Dividends	8 000 000	8 000 000	8 000 000	8 000 000
Net Income	10 433 000	8 955 000	8 412 000	9 237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	91 152 000	93 682 000	96 257 000	98 836 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	430 000	580 000	273 000	166 000
Total Tangible Assets	91 581 000	94 261 000	96 529 000	99 002 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	91 606 000	94 286 000	96 554 000	99 027 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 793 000	30 999 000	37 774 000	32 956 000
Total Current Assets	38 907 000	42 497 000	37 789 000	33 376 000
Total Assets	130 513 000	136 784 000	134 343 000	132 403 000
Total Equity	49 034 000	46 602 000	36 912 000	36 500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 472 000	77 905 000	85 522 000	83 892 000
Creditors	292 000	320 000	91 000	233 000
Unpaid Taxes	271 000	200 000	188 000	123 000
Dividends	8 000 000	8 000 000	8 000 000	8 000 000
Other Current Debt	1 382 000	1 224 000	1 193 000	1 015 000
Total Current Debt	13 007 000	12 277 000	11 909 000	12 011 000
Total Equity and Debt	130 513 000	136 784 000	134 343 000	132 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,28 %	19,22 %	22,79 %	25,31 %
Debt-to-Equity Ratio	1,4	1,67	2,32	2,3
Operating Profit Margin	68,63 %	65,91 %	67,3 %	68,11 %
Current Ratio	2,99	3,46	3,17	2,78
Quick Ratio	2,99	3,46	3,17	2,78
Equity Ratio	0,38	0,34	0,27	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %