TORBJØRN GRØNTVEDT AS

7020 TRONDHEIM

Finances

Return on Equity

1,86 %

Current Ratio

12,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	1 829 000
Net Income	51 000	−253 000	−112 000	1 281 000
Total Assets	2 842 000	2 891 000	3 253 000	3 731 000
Total Equity	2 742 000	2 791 000	3 144 000	3 357 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	1 829 000
Expenditure	92 000	51 000	175 000	195 000
Operating Profit	−92 000	−52 000	−176 000	1 634 000
Financial Income	146 000	104 000	26 000	10 000
Financial Costs	3 000	305 000	0	0
Financial Balance	143 000	−201 000	26 000	10 000
Earnings Before Tax	51 000	−253 000	−149 000	1 644 000
Tax	0	0	−37 000	363 000
Net Income	51 000	−253 000	−112 000	1 281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 585 000	1 585 000	1 452 000	2 412 000
Total Current Assets	1 257 000	1 306 000	1 801 000	1 319 000
Total Assets	2 842 000	2 891 000	3 253 000	3 731 000
Total Retained Equity	2 712 000	2 761 000	3 114 000	3 327 000
Total Equity	2 742 000	2 791 000	3 144 000	3 357 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	100 000	100 000	109 000	375 000
Total Equity and Debt	2 842 000	2 891 000	3 253 000	3 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 829 000
Other Income	0	0	0	0
Revenue	0	0	0	1 829 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	138 000	137 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	92 000	51 000	175 000	195 000
Operating Profit	−92 000	−52 000	−176 000	1 634 000
Financial Income	146 000	104 000	26 000	10 000
Financial Costs	3 000	305 000	0	0
Financial Balance	143 000	−201 000	26 000	10 000
Dividends	100 000	100 000	0	0
Net Income	51 000	−253 000	−112 000	1 281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	457 000	457 000	324 000	206 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	100 000	100 000	100 000	100 000
Total Tangible Assets	557 000	557 000	425 000	306 000
Total Fiancial Fixed Assets	1 027 000	1 027 000	1 027 000	2 106 000
Total Fixed Assets	1 585 000	1 585 000	1 452 000	2 412 000
Stock	0	0	0	0
Total Investments	355 000	216 000	195 000	0
Cash, Bank	902 000	1 090 000	1 566 000	1 317 000
Total Current Assets	1 257 000	1 306 000	1 801 000	1 319 000
Total Assets	2 842 000	2 891 000	3 253 000	3 731 000
Total Equity	2 742 000	2 791 000	3 144 000	3 357 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	1 000
Unpaid Taxes	0	0	9 000	10 000
Dividends	100 000	100 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	100 000	100 000	109 000	375 000
Total Equity and Debt	2 842 000	2 891 000	3 253 000	3 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,86 %	−9,06 %	−3,56 %	38,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	89,34 %
Current Ratio	12,57	13,06	16,52	3,52
Quick Ratio	12,57	13,06	16,52	3,52
Equity Ratio	0,96	0,97	0,97	0,9
Gross Profit Margin	-	-	-	100 %