TORBJØRN HELLAND AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

6,51 %

Current Ratio

10,06

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	980 000
Net Income	167 000	269 000	243 000	238 000
Total Assets	5 096 000	5 028 000	4 934 000	4 932 000
Total Equity	2 566 000	2 399 000	2 161 000	1 936 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	980 000
Expenditure	168 000	60 000	71 000	564 000
Operating Profit	312 000	420 000	409 000	416 000
Financial Income	0	0	0	0
Financial Costs	97 000	75 000	98 000	111 000
Financial Balance	−97 000	−75 000	−98 000	−111 000
Earnings Before Tax	214 000	345 000	311 000	305 000
Tax	47 000	76 000	68 000	67 000
Net Income	167 000	269 000	243 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 333 000	1 333 000	1 333 000	1 199 000
Total Current Assets	3 763 000	3 695 000	3 600 000	3 732 000
Total Assets	5 096 000	5 028 000	4 934 000	4 932 000
Total Retained Equity	2 463 000	2 296 000	2 058 000	1 833 000
Total Equity	2 566 000	2 399 000	2 161 000	1 936 000
Total Long-Term Debt	2 156 000	2 344 000	2 532 000	2 716 000
Total Current Debt	374 000	286 000	241 000	279 000
Total Equity and Debt	5 096 000	5 028 000	4 934 000	4 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	480 000	480 000	480 000	980 000
Revenue	480 000	480 000	480 000	980 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	168 000	60 000	71 000	564 000
Operating Profit	312 000	420 000	409 000	416 000
Financial Income	0	0	0	0
Financial Costs	97 000	75 000	98 000	111 000
Financial Balance	−97 000	−75 000	−98 000	−111 000
Dividends	0	0	0	0
Net Income	167 000	269 000	243 000	238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 333 000	1 333 000	1 333 000	1 199 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 333 000	1 333 000	1 333 000	1 199 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 333 000	1 333 000	1 333 000	1 199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 092 000	1 024 000	36 000	118 000
Total Current Assets	3 763 000	3 695 000	3 600 000	3 732 000
Total Assets	5 096 000	5 028 000	4 934 000	4 932 000
Total Equity	2 566 000	2 399 000	2 161 000	1 936 000
Short-Term Group Debt	0	40 000	23 000	58 000
Total Long-Term Debt	2 156 000	2 344 000	2 532 000	2 716 000
Creditors	109 000	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	155 000	155 000	155 000	158 000
Total Current Debt	374 000	286 000	241 000	279 000
Total Equity and Debt	5 096 000	5 028 000	4 934 000	4 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,51 %	11,21 %	11,24 %	12,29 %
Debt-to-Equity Ratio	0,84	0,98	1,17	1,4
Operating Profit Margin	65 %	87,5 %	85,21 %	42,45 %
Current Ratio	10,06	12,92	14,94	13,38
Quick Ratio	10,06	12,92	14,94	13,38
Equity Ratio	0,5	0,48	0,44	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %