TORKELSTIEN I AS

4042 HAFRSFJORD

Finances

Return on Equity

3,6 %

Current Ratio

0,25

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	283 000	302 000	281 000	258 000
Net Income	51 000	85 000	84 000	−17 000
Total Assets	2 680 000	2 803 000	2 928 000	2 948 000
Total Equity	1 418 000	1 449 000	1 364 000	1 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	283 000	302 000	281 000	258 000
Expenditure	173 000	156 000	128 000	234 000
Operating Profit	109 000	146 000	153 000	24 000
Financial Income	2 000	3 000	3 000	3 000
Financial Costs	47 000	40 000	49 000	50 000
Financial Balance	−45 000	−37 000	−46 000	−47 000
Earnings Before Tax	65 000	109 000	108 000	−22 000
Tax	14 000	24 000	24 000	−5 000
Net Income	51 000	85 000	84 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 585 000	2 675 000	2 767 000	2 857 000
Total Current Assets	96 000	128 000	161 000	90 000
Total Assets	2 680 000	2 803 000	2 928 000	2 948 000
Total Retained Equity	341 000	372 000	286 000	202 000
Total Equity	1 418 000	1 449 000	1 364 000	1 279 000
Total Long-Term Debt	881 000	972 000	1 048 000	1 063 000
Total Current Debt	382 000	382 000	516 000	606 000
Total Equity and Debt	2 680 000	2 803 000	2 928 000	2 948 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	283 000	302 000	281 000	258 000
Revenue	283 000	302 000	281 000	258 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	99 000	99 000	99 000	99 000
Impairment	0	0	0	0
Expenditure	173 000	156 000	128 000	234 000
Operating Profit	109 000	146 000	153 000	24 000
Financial Income	2 000	3 000	3 000	3 000
Financial Costs	47 000	40 000	49 000	50 000
Financial Balance	−45 000	−37 000	−46 000	−47 000
Dividends	0	0	0	0
Net Income	51 000	85 000	84 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	165 000	156 000	150 000	141 000
Real Eastate	2 420 000	2 519 000	2 617 000	2 716 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 420 000	2 519 000	2 617 000	2 716 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 585 000	2 675 000	2 767 000	2 857 000
Stock	0	0	0	0
Total Investments	10 000	10 000	10 000	10 000
Cash, Bank	17 000	52 000	86 000	0
Total Current Assets	96 000	128 000	161 000	90 000
Total Assets	2 680 000	2 803 000	2 928 000	2 948 000
Total Equity	1 418 000	1 449 000	1 364 000	1 279 000
Short-Term Group Debt	254 000	265 000	395 000	0
Total Long-Term Debt	881 000	972 000	1 048 000	1 063 000
Creditors	27 000	10 000	5 000	24 000
Unpaid Taxes	7 000	5 000	7 000	8 000
Dividends	0	0	0	0
Other Current Debt	93 000	72 000	77 000	570 000
Total Current Debt	382 000	382 000	516 000	606 000
Total Equity and Debt	2 680 000	2 803 000	2 928 000	2 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,6 %	5,87 %	6,16 %	−1,33 %
Debt-to-Equity Ratio	0,62	0,67	0,77	0,83
Operating Profit Margin	38,52 %	48,34 %	54,45 %	9,3 %
Current Ratio	0,25	0,34	0,31	0,15
Quick Ratio	0,25	0,34	0,31	0,15
Equity Ratio	0,53	0,52	0,47	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %