TORVET 10 EIENDOM AS

4836 ARENDAL

Finances

Return on Equity

−20,54 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 579 000	1 173 000	1 951 000	2 863 000
Net Income	−791 000	−78 000	537 000	1 262 000
Total Assets	20 708 000	16 853 000	17 728 000	17 764 000
Total Equity	3 851 000	3 813 000	4 661 000	9 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 579 000	1 173 000	1 951 000	2 863 000
Expenditure	1 956 000	1 178 000	1 139 000	1 043 000
Operating Profit	−376 000	−4 000	813 000	1 820 000
Financial Income	40 000	32 000	39 000	33 000
Financial Costs	688 000	137 000	174 000	244 000
Financial Balance	−648 000	−105 000	−135 000	−211 000
Earnings Before Tax	−1 024 000	−109 000	677 000	1 609 000
Tax	−234 000	−31 000	141 000	347 000
Net Income	−791 000	−78 000	537 000	1 262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 907 000	16 391 000	16 792 000	17 192 000
Total Current Assets	1 801 000	462 000	936 000	572 000
Total Assets	20 708 000	16 853 000	17 728 000	17 764 000
Total Retained Equity	−898 000	−107 000	871 000	5 334 000
Total Equity	3 851 000	3 813 000	4 661 000	9 124 000
Total Long-Term Debt	664 000	7 291 000	7 885 000	8 172 000
Total Current Debt	16 194 000	5 749 000	5 182 000	468 000
Total Equity and Debt	20 708 000	16 853 000	17 728 000	17 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 579 000	1 173 000	1 951 000	2 863 000
Revenue	1 579 000	1 173 000	1 951 000	2 863 000
Cost of Goods Sold	0	0	0	0
Salary Costs	63 000	58 000	68 000	40 000
Depreciation	400 000	400 000	400 000	400 000
Impairment	0	0	0	0
Expenditure	1 956 000	1 178 000	1 139 000	1 043 000
Operating Profit	−376 000	−4 000	813 000	1 820 000
Financial Income	40 000	32 000	39 000	33 000
Financial Costs	688 000	137 000	174 000	244 000
Financial Balance	−648 000	−105 000	−135 000	−211 000
Dividends	0	0	0	1 000 000
Net Income	−791 000	−78 000	537 000	1 262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 505 000	15 989 000	16 390 000	16 790 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 505 000	15 989 000	16 390 000	16 790 000
Total Fiancial Fixed Assets	402 000	402 000	402 000	402 000
Total Fixed Assets	18 907 000	16 391 000	16 792 000	17 192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	484 000	197 000	144 000	434 000
Total Current Assets	1 801 000	462 000	936 000	572 000
Total Assets	20 708 000	16 853 000	17 728 000	17 764 000
Total Equity	3 851 000	3 813 000	4 661 000	9 124 000
Short-Term Group Debt	15 724 000	5 525 000	5 000 000	0
Total Long-Term Debt	664 000	7 291 000	7 885 000	8 172 000
Creditors	398 000	51 000	14 000	58 000
Unpaid Taxes	0	7 000	7 000	23 000
Dividends	0	0	0	1 000 000
Other Current Debt	72 000	166 000	33 000	61 000
Total Current Debt	16 194 000	5 749 000	5 182 000	468 000
Total Equity and Debt	20 708 000	16 853 000	17 728 000	17 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,54 %	−2,05 %	11,52 %	13,83 %
Debt-to-Equity Ratio	0,17	1,91	1,69	0,9
Operating Profit Margin	−23,81 %	−0,34 %	41,67 %	63,57 %
Current Ratio	0,11	0,08	0,18	1,22
Quick Ratio	0,11	0,08	0,18	1,22
Equity Ratio	0,19	0,23	0,26	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %