TORVHÅGEN INVEST AS

7040 TRONDHEIM

Finances

Share Ownership

Return on Equity

51,07 %

Current Ratio

169,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	151 000	195 000	196 000	0
Net Income	9 040 000	3 255 000	2 560 000	2 684 000
Total Assets	17 781 000	10 758 000	7 498 000	5 759 000
Total Equity	17 701 000	8 661 000	7 406 000	5 346 000

Income (NOK)	2022	2021	2020	2019
Revenue	151 000	195 000	196 000	0
Expenditure	143 000	110 000	109 000	71 000
Operating Profit	8 000	85 000	87 000	−71 000
Financial Income	9 160 000	3 216 000	2 521 000	2 803 000
Financial Costs	51 000	0	13 000	34 000
Financial Balance	9 109 000	3 216 000	2 508 000	2 769 000
Earnings Before Tax	9 117 000	3 301 000	2 595 000	2 698 000
Tax	77 000	46 000	35 000	13 000
Net Income	9 040 000	3 255 000	2 560 000	2 684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 239 000	5 834 000	5 527 000	5 578 000
Total Current Assets	13 543 000	4 924 000	1 971 000	181 000
Total Assets	17 781 000	10 758 000	7 498 000	5 759 000
Total Retained Equity	17 601 000	8 561 000	7 306 000	5 246 000
Total Equity	17 701 000	8 661 000	7 406 000	5 346 000
Total Long-Term Debt	0	0	1 000	404 000
Total Current Debt	80 000	2 096 000	91 000	9 000
Total Equity and Debt	17 781 000	10 758 000	7 498 000	5 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	151 000	195 000	196 000	0
Revenue	151 000	195 000	196 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	11 000	11 000	16 000	1 000
Impairment	0	0	0	0
Expenditure	143 000	110 000	109 000	71 000
Operating Profit	8 000	85 000	87 000	−71 000
Financial Income	9 160 000	3 216 000	2 521 000	2 803 000
Financial Costs	51 000	0	13 000	34 000
Financial Balance	9 109 000	3 216 000	2 508 000	2 769 000
Dividends	0	2 000 000	500 000	0
Net Income	9 040 000	3 255 000	2 560 000	2 684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	4 217 000	4 217 000	4 217 000	4 217 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	31 000	42 000	93 000
Total Tangible Assets	4 238 000	4 249 000	4 260 000	4 311 000
Total Fiancial Fixed Assets	0	1 585 000	1 268 000	1 268 000
Total Fixed Assets	4 239 000	5 834 000	5 527 000	5 578 000
Stock	0	0	0	0
Total Investments	2 995 000	4 023 000	0	0
Cash, Bank	6 150 000	901 000	1 971 000	181 000
Total Current Assets	13 543 000	4 924 000	1 971 000	181 000
Total Assets	17 781 000	10 758 000	7 498 000	5 759 000
Total Equity	17 701 000	8 661 000	7 406 000	5 346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	404 000
Creditors	2 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 000 000	500 000	0
Other Current Debt	0	2 050 000	53 000	0
Total Current Debt	80 000	2 096 000	91 000	9 000
Total Equity and Debt	17 781 000	10 758 000	7 498 000	5 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,07 %	37,58 %	34,57 %	50,21 %
Debt-to-Equity Ratio	0	0	0	0,08
Operating Profit Margin	5,3 %	43,59 %	44,39 %	-
Current Ratio	169,29	2,35	21,66	20,11
Quick Ratio	169,29	2,35	21,66	20,11
Equity Ratio	1	0,81	0,99	0,93
Gross Profit Margin	100 %	100 %	100 %	-