TORGARDSVEGEN 12 AS

7034 TRONDHEIM

Finances

Share Ownership

Return on Equity

33,85 %

Current Ratio

0,1

Debt-to-Equity Ratio

19,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 816 000	9 007 000	8 785 000	8 613 000
Net Income	1 042 000	2 769 000	275 000	1 311 000
Total Assets	117 047 000	66 511 000	67 309 000	74 489 000
Total Equity	3 078 000	3 512 000	743 000	3 467 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 816 000	9 007 000	8 785 000	8 613 000
Expenditure	7 747 000	4 435 000	4 726 000	4 795 000
Operating Profit	3 069 000	4 572 000	4 059 000	3 819 000
Financial Income	0	22 000	1 000	8 000
Financial Costs	1 733 000	1 044 000	3 706 000	2 147 000
Financial Balance	−1 733 000	−1 022 000	−3 705 000	−2 139 000
Earnings Before Tax	1 336 000	3 550 000	354 000	1 681 000
Tax	294 000	781 000	79 000	370 000
Net Income	1 042 000	2 769 000	275 000	1 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 234 000	62 121 000	66 139 000	69 773 000
Total Current Assets	5 813 000	4 390 000	1 170 000	4 716 000
Total Assets	117 047 000	66 511 000	67 309 000	74 489 000
Total Retained Equity	2 541 000	2 974 000	205 000	0
Total Equity	3 078 000	3 512 000	743 000	3 467 000
Total Long-Term Debt	58 506 000	61 280 000	65 771 000	68 613 000
Total Current Debt	55 462 000	1 720 000	795 000	2 409 000
Total Equity and Debt	117 047 000	66 511 000	67 309 000	74 489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 816 000	9 007 000	8 785 000	8 613 000
Revenue	10 816 000	9 007 000	8 785 000	8 613 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 968 000	4 018 000	3 970 000	3 969 000
Impairment	0	0	0	0
Expenditure	7 747 000	4 435 000	4 726 000	4 795 000
Operating Profit	3 069 000	4 572 000	4 059 000	3 819 000
Financial Income	0	22 000	1 000	8 000
Financial Costs	1 733 000	1 044 000	3 706 000	2 147 000
Financial Balance	−1 733 000	−1 022 000	−3 705 000	−2 139 000
Dividends	0	0	3 000 000	1 311 000
Net Income	1 042 000	2 769 000	275 000	1 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	111 234 000	62 121 000	66 139 000	69 763 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	10 000
Total Tangible Assets	111 234 000	62 121 000	66 139 000	69 773 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	111 234 000	62 121 000	66 139 000	69 773 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 061 000	3 447 000	1 063 000	4 672 000
Total Current Assets	5 813 000	4 390 000	1 170 000	4 716 000
Total Assets	117 047 000	66 511 000	67 309 000	74 489 000
Total Equity	3 078 000	3 512 000	743 000	3 467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 506 000	61 280 000	65 771 000	68 613 000
Creditors	381 000	91 000	203 000	114 000
Unpaid Taxes	147 000	340 000	329 000	344 000
Dividends	0	0	3 000 000	1 311 000
Other Current Debt	52 891 000	258 000	0	140 000
Total Current Debt	55 462 000	1 720 000	795 000	2 409 000
Total Equity and Debt	117 047 000	66 511 000	67 309 000	74 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,85 %	78,84 %	37,01 %	37,81 %
Debt-to-Equity Ratio	19,01	17,45	88,52	19,79
Operating Profit Margin	28,37 %	50,76 %	46,2 %	44,34 %
Current Ratio	0,1	2,55	1,47	1,96
Quick Ratio	0,1	2,55	1,47	1,96
Equity Ratio	0,03	0,05	0,01	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %