TORGGATA 11 AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

−10,29 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	914 000	601 000	400 000	593 000
Net Income	14 000	−476 000	−148 000	−509 000
Total Assets	9 186 000	8 459 000	7 398 000	7 541 000
Total Equity	−136 000	−150 000	−277 000	−129 000

Income (NOK)	2022	2021	2020	2019
Revenue	914 000	601 000	400 000	593 000
Expenditure	704 000	1 165 000	387 000	483 000
Operating Profit	210 000	−563 000	13 000	111 000
Financial Income	0	0	58 000	0
Financial Costs	192 000	155 000	218 000	620 000
Financial Balance	−192 000	−155 000	−160 000	−620 000
Earnings Before Tax	17 000	−719 000	−148 000	−509 000
Tax	4 000	−243 000	0	0
Net Income	14 000	−476 000	−148 000	−509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 095 000	7 635 000	7 254 000	7 489 000
Total Current Assets	91 000	824 000	144 000	51 000
Total Assets	9 186 000	8 459 000	7 398 000	7 541 000
Total Retained Equity	−236 000	−250 000	−377 000	−229 000
Total Equity	−136 000	−150 000	−277 000	−129 000
Total Long-Term Debt	0	8 107 000	7 269 000	7 474 000
Total Current Debt	9 323 000	502 000	406 000	196 000
Total Equity and Debt	9 186 000	8 459 000	7 398 000	7 541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	873 000	565 000	0	0
Other Income	41 000	36 000	400 000	593 000
Revenue	914 000	601 000	400 000	593 000
Cost of Goods Sold	315 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	58 000	58 000	0	0
Impairment	0	0	0	0
Expenditure	704 000	1 165 000	387 000	483 000
Operating Profit	210 000	−563 000	13 000	111 000
Financial Income	0	0	58 000	0
Financial Costs	192 000	155 000	218 000	620 000
Financial Balance	−192 000	−155 000	−160 000	−620 000
Dividends	0	0	0	0
Net Income	14 000	−476 000	−148 000	−509 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	73 000	0	0
Real Eastate	9 002 000	7 562 000	7 254 000	7 254 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 002 000	7 562 000	7 254 000	7 254 000
Total Fiancial Fixed Assets	0	0	0	236 000
Total Fixed Assets	9 095 000	7 635 000	7 254 000	7 489 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	74 000	41 000
Total Current Assets	91 000	824 000	144 000	51 000
Total Assets	9 186 000	8 459 000	7 398 000	7 541 000
Total Equity	−136 000	−150 000	−277 000	−129 000
Short-Term Group Debt	9 213 000	335 000	0	0
Total Long-Term Debt	0	8 107 000	7 269 000	7 474 000
Creditors	45 000	128 000	112 000	160 000
Unpaid Taxes	9 000	12 000	0	0
Dividends	0	0	0	0
Other Current Debt	31 000	26 000	294 000	36 000
Total Current Debt	9 323 000	502 000	406 000	196 000
Total Equity and Debt	9 186 000	8 459 000	7 398 000	7 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,29 %	317,33 %	53,43 %	394,57 %
Debt-to-Equity Ratio	−0	−54,05	−26,24	−57,94
Operating Profit Margin	22,98 %	−93,68 %	3,25 %	18,72 %
Current Ratio	0,01	1,64	0,35	0,26
Quick Ratio	0,01	1,64	0,35	0,26
Equity Ratio	−0,01	−0,02	−0,04	−0,02
Gross Profit Margin	65,54 %	100 %	100 %	100 %