TORVET 4 BORETTSLAG

3181 HORTEN

Finances

Share Ownership

Return on Equity

1,19 %

Current Ratio

3,6

Debt-to-Equity Ratio

7,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 907 000	1 802 000	1 775 000	1 474 000
Net Income	46 000	505 000	548 000	−69 000
Total Assets	34 470 000	34 155 000	34 128 000	34 099 000
Total Equity	3 850 000	3 804 000	3 299 000	2 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 907 000	1 802 000	1 775 000	1 474 000
Expenditure	1 468 000	1 015 000	862 000	1 117 000
Operating Profit	524 000	858 000	979 000	409 000
Financial Income	6 000	0	0	4 000
Financial Costs	484 000	354 000	431 000	482 000
Financial Balance	−478 000	−354 000	−431 000	−478 000
Earnings Before Tax	46 000	505 000	548 000	−69 000
Tax	0	0	0	0
Net Income	46 000	505 000	548 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 614 000	33 614 000	33 614 000	33 614 000
Total Current Assets	856 000	541 000	515 000	486 000
Total Assets	34 470 000	34 155 000	34 128 000	34 099 000
Total Retained Equity	3 755 000	3 709 000	3 204 000	2 657 000
Total Equity	3 850 000	3 804 000	3 299 000	2 752 000
Total Long-Term Debt	30 382 000	30 126 000	30 576 000	31 024 000
Total Current Debt	238 000	225 000	253 000	324 000
Total Equity and Debt	34 470 000	34 155 000	34 128 000	34 099 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 992 000	1 873 000	1 841 000	1 526 000
Revenue	1 907 000	1 802 000	1 775 000	1 474 000
Cost of Goods Sold	0	0	0	0
Salary Costs	43 000	48 000	43 000	70 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 468 000	1 015 000	862 000	1 117 000
Operating Profit	524 000	858 000	979 000	409 000
Financial Income	6 000	0	0	4 000
Financial Costs	484 000	354 000	431 000	482 000
Financial Balance	−478 000	−354 000	−431 000	−478 000
Dividends	0	0	0	0
Net Income	46 000	505 000	548 000	−69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	33 614 000	33 614 000	33 614 000	33 614 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	33 614 000	33 614 000	33 614 000	33 614 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 614 000	33 614 000	33 614 000	33 614 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	639 000	331 000	275 000	317 000
Total Current Assets	856 000	541 000	515 000	486 000
Total Assets	34 470 000	34 155 000	34 128 000	34 099 000
Total Equity	3 850 000	3 804 000	3 299 000	2 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 382 000	30 126 000	30 576 000	31 024 000
Creditors	218 000	200 000	179 000	199 000
Unpaid Taxes	0	0	18 000	0
Dividends	0	0	0	0
Other Current Debt	20 000	26 000	56 000	125 000
Total Current Debt	238 000	225 000	253 000	324 000
Total Equity and Debt	34 470 000	34 155 000	34 128 000	34 099 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,19 %	13,28 %	16,61 %	−2,51 %
Debt-to-Equity Ratio	7,89	7,92	9,27	11,27
Operating Profit Margin	27,48 %	47,61 %	55,15 %	27,75 %
Current Ratio	3,6	2,4	2,04	1,5
Quick Ratio	3,6	2,4	2,04	1,5
Equity Ratio	0,11	0,11	0,1	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %