TORNEROSEVEIEN 14 AS

4315 SANDNES

Finances

Share Ownership

Return on Equity

−30,51 %

Current Ratio

71,39

Debt-to-Equity Ratio

6,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	414 000	450 000	313 000	315 000
Net Income	−332 000	−173 000	−172 000	−335 000
Total Assets	7 999 000	8 459 000	8 927 000	8 970 000
Total Equity	1 088 000	1 154 000	1 229 000	1 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	414 000	450 000	313 000	315 000
Expenditure	499 000	411 000	255 000	613 000
Operating Profit	−84 000	39 000	58 000	−298 000
Financial Income	0	0	1 000	43 000
Financial Costs	341 000	262 000	280 000	174 000
Financial Balance	−341 000	−262 000	−279 000	−131 000
Earnings Before Tax	−425 000	−222 000	−221 000	−429 000
Tax	−94 000	−49 000	−49 000	−95 000
Net Income	−332 000	−173 000	−172 000	−335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 929 000	3 141 000	3 352 000	3 564 000
Total Current Assets	5 069 000	5 319 000	5 575 000	5 406 000
Total Assets	7 999 000	8 459 000	8 927 000	8 970 000
Total Retained Equity	−184 000	147 000	321 000	493 000
Total Equity	1 088 000	1 154 000	1 229 000	1 260 000
Total Long-Term Debt	6 840 000	7 260 000	7 683 000	7 692 000
Total Current Debt	71 000	45 000	16 000	18 000
Total Equity and Debt	7 999 000	8 459 000	8 927 000	8 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	315 000
Other Income	414 000	450 000	313 000	0
Revenue	414 000	450 000	313 000	315 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	68 000
Depreciation	212 000	212 000	212 000	212 000
Impairment	0	0	0	0
Expenditure	499 000	411 000	255 000	613 000
Operating Profit	−84 000	39 000	58 000	−298 000
Financial Income	0	0	1 000	43 000
Financial Costs	341 000	262 000	280 000	174 000
Financial Balance	−341 000	−262 000	−279 000	−131 000
Dividends	0	0	0	0
Net Income	−332 000	−173 000	−172 000	−335 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 929 000	3 141 000	3 352 000	3 564 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 929 000	3 141 000	3 352 000	3 564 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 929 000	3 141 000	3 352 000	3 564 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 620 000	3 202 000	3 616 000	3 862 000
Total Current Assets	5 069 000	5 319 000	5 575 000	5 406 000
Total Assets	7 999 000	8 459 000	8 927 000	8 970 000
Total Equity	1 088 000	1 154 000	1 229 000	1 260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 840 000	7 260 000	7 683 000	7 692 000
Creditors	0	29 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	71 000	16 000	16 000	18 000
Total Current Debt	71 000	45 000	16 000	18 000
Total Equity and Debt	7 999 000	8 459 000	8 927 000	8 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,51 %	−14,99 %	−14 %	−26,59 %
Debt-to-Equity Ratio	6,29	6,29	6,25	6,1
Operating Profit Margin	−20,29 %	8,67 %	18,53 %	−94,6 %
Current Ratio	71,39	118,2	348,44	300,33
Quick Ratio	71,39	118,2	348,44	300,33
Equity Ratio	0,14	0,14	0,14	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %