TORNEROSE EIENDOM AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

25,44 %

Current Ratio

2,09

Debt-to-Equity Ratio

2,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 031 000	3 301 000	3 087 000	2 393 000
Net Income	1 416 000	1 771 000	1 717 000	684 000
Total Assets	20 331 000	17 602 000	18 988 000	16 622 000
Total Equity	5 566 000	5 683 000	5 734 000	5 628 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 031 000	3 301 000	3 087 000	2 393 000
Expenditure	989 000	862 000	689 000	1 253 000
Operating Profit	2 042 000	2 439 000	2 397 000	1 139 000
Financial Income	124 000	82 000	56 000	8 000
Financial Costs	350 000	250 000	252 000	271 000
Financial Balance	−226 000	−168 000	−196 000	−263 000
Earnings Before Tax	1 816 000	2 271 000	2 201 000	877 000
Tax	399 000	500 000	484 000	193 000
Net Income	1 416 000	1 771 000	1 717 000	684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 210 000	16 896 000	17 545 000	16 014 000
Total Current Assets	4 122 000	706 000	1 442 000	608 000
Total Assets	20 331 000	17 602 000	18 988 000	16 622 000
Total Retained Equity	5 047 000	5 164 000	5 216 000	5 109 000
Total Equity	5 566 000	5 683 000	5 734 000	5 628 000
Total Long-Term Debt	12 790 000	9 560 000	11 048 000	9 809 000
Total Current Debt	1 976 000	2 359 000	2 205 000	1 186 000
Total Equity and Debt	20 331 000	17 602 000	18 988 000	16 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 031 000	3 301 000	3 087 000	2 393 000
Revenue	3 031 000	3 301 000	3 087 000	2 393 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	687 000	649 000	496 000	190 000
Impairment	0	0	0	0
Expenditure	989 000	862 000	689 000	1 253 000
Operating Profit	2 042 000	2 439 000	2 397 000	1 139 000
Financial Income	124 000	82 000	56 000	8 000
Financial Costs	350 000	250 000	252 000	271 000
Financial Balance	−226 000	−168 000	−196 000	−263 000
Dividends	0	0	0	0
Net Income	1 416 000	1 771 000	1 717 000	684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 210 000	16 896 000	17 545 000	16 014 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 210 000	16 896 000	17 545 000	16 014 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 210 000	16 896 000	17 545 000	16 014 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 106 000	706 000	1 442 000	547 000
Total Current Assets	4 122 000	706 000	1 442 000	608 000
Total Assets	20 331 000	17 602 000	18 988 000	16 622 000
Total Equity	5 566 000	5 683 000	5 734 000	5 628 000
Short-Term Group Debt	1 966 000	2 337 000	2 064 000	1 095 000
Total Long-Term Debt	12 790 000	9 560 000	11 048 000	9 809 000
Creditors	0	0	0	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	22 000	140 000	86 000
Total Current Debt	1 976 000	2 359 000	2 205 000	1 186 000
Total Equity and Debt	20 331 000	17 602 000	18 988 000	16 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,44 %	31,16 %	29,94 %	12,15 %
Debt-to-Equity Ratio	2,3	1,68	1,93	1,74
Operating Profit Margin	67,37 %	73,89 %	77,65 %	47,6 %
Current Ratio	2,09	0,3	0,65	0,51
Quick Ratio	2,09	0,3	0,65	0,51
Equity Ratio	0,27	0,32	0,3	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %