TORDENS AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

10,64 %

Current Ratio

0,25

Debt-to-Equity Ratio

4,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	221 000	227 000	193 000	195 000
Net Income	50 000	60 000	49 000	45 000
Total Assets	2 856 000	2 840 000	2 861 000	2 864 000
Total Equity	470 000	420 000	360 000	311 000

Income (NOK)	2022	2021	2020	2019
Revenue	221 000	227 000	193 000	195 000
Expenditure	59 000	65 000	38 000	38 000
Operating Profit	162 000	162 000	156 000	158 000
Financial Income	0	0	0	0
Financial Costs	98 000	86 000	93 000	100 000
Financial Balance	−98 000	−86 000	−93 000	−100 000
Earnings Before Tax	64 000	76 000	63 000	58 000
Tax	14 000	17 000	14 000	13 000
Net Income	50 000	60 000	49 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 821 000	2 819 000	2 819 000	2 821 000
Total Current Assets	35 000	21 000	42 000	43 000
Total Assets	2 856 000	2 840 000	2 861 000	2 864 000
Total Retained Equity	370 000	320 000	260 000	211 000
Total Equity	470 000	420 000	360 000	311 000
Total Long-Term Debt	2 247 000	2 331 000	2 418 000	2 500 000
Total Current Debt	139 000	90 000	83 000	53 000
Total Equity and Debt	2 856 000	2 840 000	2 861 000	2 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	221 000	227 000	193 000	195 000
Revenue	221 000	227 000	193 000	195 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 000	15 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	65 000	38 000	38 000
Operating Profit	162 000	162 000	156 000	158 000
Financial Income	0	0	0	0
Financial Costs	98 000	86 000	93 000	100 000
Financial Balance	−98 000	−86 000	−93 000	−100 000
Dividends	0	0	0	0
Net Income	50 000	60 000	49 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	2 000
Real Eastate	2 819 000	2 819 000	2 819 000	2 819 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 819 000	2 819 000	2 819 000	2 819 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 821 000	2 819 000	2 819 000	2 821 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	12 000	42 000	35 000
Total Current Assets	35 000	21 000	42 000	43 000
Total Assets	2 856 000	2 840 000	2 861 000	2 864 000
Total Equity	470 000	420 000	360 000	311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 247 000	2 331 000	2 418 000	2 500 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	123 000	73 000	71 000	41 000
Total Current Debt	139 000	90 000	83 000	53 000
Total Equity and Debt	2 856 000	2 840 000	2 861 000	2 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,64 %	14,29 %	13,61 %	14,47 %
Debt-to-Equity Ratio	4,78	5,55	6,72	8,04
Operating Profit Margin	73,3 %	71,37 %	80,83 %	81,03 %
Current Ratio	0,25	0,23	0,51	0,81
Quick Ratio	0,25	0,23	0,51	0,81
Equity Ratio	0,16	0,15	0,13	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %