TORVGATEN 2 AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

11,69 %

Current Ratio

0,45

Debt-to-Equity Ratio

4,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	554 000	679 000	559 000	314 000
Net Income	117 000	254 000	122 000	−176 000
Total Assets	6 324 000	6 605 000	6 448 000	6 605 000
Total Equity	1 001 000	884 000	631 000	508 000

Income (NOK)	2022	2021	2020	2019
Revenue	554 000	679 000	559 000	314 000
Expenditure	262 000	265 000	275 000	363 000
Operating Profit	292 000	414 000	284 000	−50 000
Financial Income	0	0	0	0
Financial Costs	142 000	88 000	127 000	175 000
Financial Balance	−142 000	−88 000	−127 000	−175 000
Earnings Before Tax	150 000	325 000	156 000	−225 000
Tax	33 000	72 000	34 000	−49 000
Net Income	117 000	254 000	122 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 097 000	6 239 000	6 414 000	6 589 000
Total Current Assets	227 000	366 000	35 000	17 000
Total Assets	6 324 000	6 605 000	6 448 000	6 605 000
Total Retained Equity	501 000	384 000	131 000	8 000
Total Equity	1 001 000	884 000	631 000	508 000
Total Long-Term Debt	4 823 000	5 233 000	5 405 000	5 614 000
Total Current Debt	499 000	487 000	413 000	483 000
Total Equity and Debt	6 324 000	6 605 000	6 448 000	6 605 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	554 000	679 000	559 000	314 000
Revenue	554 000	679 000	559 000	314 000
Cost of Goods Sold	98 000	71 000	82 000	174 000
Salary Costs	0	0	0	0
Depreciation	142 000	175 000	175 000	175 000
Impairment	0	0	0	0
Expenditure	262 000	265 000	275 000	363 000
Operating Profit	292 000	414 000	284 000	−50 000
Financial Income	0	0	0	0
Financial Costs	142 000	88 000	127 000	175 000
Financial Balance	−142 000	−88 000	−127 000	−175 000
Dividends	0	0	0	0
Net Income	117 000	254 000	122 000	−176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 097 000	6 239 000	6 414 000	6 589 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 097 000	6 239 000	6 414 000	6 589 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 097 000	6 239 000	6 414 000	6 589 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	71 000	210 000	35 000	4 000
Total Current Assets	227 000	366 000	35 000	17 000
Total Assets	6 324 000	6 605 000	6 448 000	6 605 000
Total Equity	1 001 000	884 000	631 000	508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 823 000	5 233 000	5 405 000	5 614 000
Creditors	0	0	3 000	5 000
Unpaid Taxes	124 000	162 000	97 000	44 000
Dividends	0	0	0	0
Other Current Debt	376 000	325 000	313 000	433 000
Total Current Debt	499 000	487 000	413 000	483 000
Total Equity and Debt	6 324 000	6 605 000	6 448 000	6 605 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,69 %	28,73 %	19,33 %	−34,65 %
Debt-to-Equity Ratio	4,82	5,92	8,57	11,05
Operating Profit Margin	52,71 %	60,97 %	50,81 %	−15,92 %
Current Ratio	0,45	0,75	0,08	0,04
Quick Ratio	0,45	0,75	0,08	0,04
Equity Ratio	0,16	0,13	0,1	0,08
Gross Profit Margin	82,31 %	89,54 %	85,33 %	44,59 %