TORGET 11 AS

5014 BERGEN

Finances

Share Ownership

Return on Equity

−144,57 %

Current Ratio

0,36

Debt-to-Equity Ratio

26,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 281 000	2 667 000	2 284 000	2 522 000
Net Income	−1 158 000	15 000	3 000	26 000
Total Assets	24 318 000	25 565 000	22 282 000	21 870 000
Total Equity	801 000	1 959 000	109 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 281 000	2 667 000	2 284 000	2 522 000
Expenditure	3 100 000	2 012 000	1 594 000	1 731 000
Operating Profit	−819 000	656 000	690 000	791 000
Financial Income	1 000	13 000	1 000	0
Financial Costs	340 000	627 000	688 000	758 000
Financial Balance	−339 000	−614 000	−687 000	−758 000
Earnings Before Tax	−1 158 000	42 000	3 000	33 000
Tax	0	27 000	1 000	7 000
Net Income	−1 158 000	15 000	3 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 501 000	22 885 000	21 801 000	21 438 000
Total Current Assets	816 000	2 680 000	482 000	432 000
Total Assets	24 318 000	25 565 000	22 282 000	21 870 000
Total Retained Equity	0	0	9 000	110 000
Total Equity	801 000	1 959 000	109 000	210 000
Total Long-Term Debt	21 274 000	22 881 000	21 188 000	21 271 000
Total Current Debt	2 243 000	725 000	986 000	389 000
Total Equity and Debt	24 318 000	25 565 000	22 282 000	21 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	181 000	0	0
Other Income	2 281 000	2 486 000	2 284 000	2 522 000
Revenue	2 281 000	2 667 000	2 284 000	2 522 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 275 000	724 000	493 000	728 000
Depreciation	685 000	675 000	644 000	634 000
Impairment	0	0	0	0
Expenditure	3 100 000	2 012 000	1 594 000	1 731 000
Operating Profit	−819 000	656 000	690 000	791 000
Financial Income	1 000	13 000	1 000	0
Financial Costs	340 000	627 000	688 000	758 000
Financial Balance	−339 000	−614 000	−687 000	−758 000
Dividends	0	0	0	0
Net Income	−1 158 000	15 000	3 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 501 000	22 885 000	21 801 000	21 438 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	23 501 000	22 885 000	21 801 000	21 438 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 501 000	22 885 000	21 801 000	21 438 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 000	325 000	115 000	377 000
Total Current Assets	816 000	2 680 000	482 000	432 000
Total Assets	24 318 000	25 565 000	22 282 000	21 870 000
Total Equity	801 000	1 959 000	109 000	210 000
Short-Term Group Debt	1 168 000	211 000	746 000	156 000
Total Long-Term Debt	21 274 000	22 881 000	21 188 000	21 271 000
Creditors	515 000	101 000	69 000	2 000
Unpaid Taxes	128 000	55 000	24 000	64 000
Dividends	0	0	0	0
Other Current Debt	432 000	358 000	147 000	169 000
Total Current Debt	2 243 000	725 000	986 000	389 000
Total Equity and Debt	24 318 000	25 565 000	22 282 000	21 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−144,57 %	0,77 %	2,75 %	12,38 %
Debt-to-Equity Ratio	26,56	11,68	194,39	101,29
Operating Profit Margin	−35,91 %	24,6 %	30,21 %	31,36 %
Current Ratio	0,36	3,7	0,49	1,11
Quick Ratio	0,36	3,7	0,49	1,11
Equity Ratio	0,03	0,08	0	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %