TORGARD AS

5384 TORANGSVÅG

Finances

Return on Equity

9,88 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	339 000	349 000	616 000	518 000
Net Income	2 577 000	2 301 000	−3 641 000	−138 000
Total Assets	31 712 000	28 896 000	23 643 000	31 694 000
Total Equity	26 085 000	23 507 000	20 245 000	23 886 000

Income (NOK)	2022	2021	2020	2019
Revenue	339 000	349 000	616 000	518 000
Expenditure	694 000	642 000	774 000	647 000
Operating Profit	−354 000	−294 000	−158 000	−130 000
Financial Income	4 441 000	3 425 000	937 000	798 000
Financial Costs	1 510 000	830 000	4 420 000	806 000
Financial Balance	2 931 000	2 595 000	−3 483 000	−8 000
Earnings Before Tax	2 577 000	2 301 000	−3 641 000	−138 000
Tax	0	0	0	0
Net Income	2 577 000	2 301 000	−3 641 000	−138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 056 000	25 153 000	23 038 000	30 704 000
Total Current Assets	5 656 000	3 743 000	605 000	990 000
Total Assets	31 712 000	28 896 000	23 643 000	31 694 000
Total Retained Equity	2 577 000	2 301 000	0	0
Total Equity	26 085 000	23 507 000	20 245 000	23 886 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 627 000	5 388 000	3 398 000	7 807 000
Total Equity and Debt	31 712 000	28 896 000	23 643 000	31 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	339 000	349 000	405 000	0
Other Income	0	0	211 000	518 000
Revenue	339 000	349 000	616 000	518 000
Cost of Goods Sold	0	0	0	0
Salary Costs	300 000	289 000	280 000	249 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	694 000	642 000	774 000	647 000
Operating Profit	−354 000	−294 000	−158 000	−130 000
Financial Income	4 441 000	3 425 000	937 000	798 000
Financial Costs	1 510 000	830 000	4 420 000	806 000
Financial Balance	2 931 000	2 595 000	−3 483 000	−8 000
Dividends	0	0	0	1 142 000
Net Income	2 577 000	2 301 000	−3 641 000	−138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 210 000	5 210 000	5 210 000	9 545 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 210 000	5 210 000	5 210 000	9 545 000
Total Fiancial Fixed Assets	20 846 000	19 943 000	17 828 000	21 158 000
Total Fixed Assets	26 056 000	25 153 000	23 038 000	30 704 000
Stock	0	0	0	0
Total Investments	2 224 000	0	0	0
Cash, Bank	3 237 000	3 548 000	437 000	747 000
Total Current Assets	5 656 000	3 743 000	605 000	990 000
Total Assets	31 712 000	28 896 000	23 643 000	31 694 000
Total Equity	26 085 000	23 507 000	20 245 000	23 886 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	27 000	20 000	123 000
Unpaid Taxes	28 000	21 000	31 000	25 000
Dividends	0	0	0	1 142 000
Other Current Debt	20 000	20 000	434 000	467 000
Total Current Debt	5 627 000	5 388 000	3 398 000	7 807 000
Total Equity and Debt	31 712 000	28 896 000	23 643 000	31 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,88 %	9,79 %	−17,98 %	−0,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−104,42 %	−84,24 %	−25,65 %	−25,1 %
Current Ratio	1,01	0,69	0,18	0,13
Quick Ratio	1,01	0,69	0,18	0,13
Equity Ratio	0,82	0,81	0,86	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %