TORSTVEDTBAKKEN BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

7,48 %

Current Ratio

7,05

Debt-to-Equity Ratio

5,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 250 000	1 233 000	1 223 000	1 222 000
Net Income	318 000	730 000	672 000	601 000
Total Assets	29 310 000	29 595 000	29 513 000	29 445 000
Total Equity	4 250 000	3 932 000	3 202 000	2 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 250 000	1 233 000	1 223 000	1 222 000
Expenditure	748 000	348 000	331 000	372 000
Operating Profit	403 000	790 000	801 000	762 000
Financial Income	0	0	1 000	4 000
Financial Costs	85 000	61 000	131 000	164 000
Financial Balance	−85 000	−61 000	−130 000	−160 000
Earnings Before Tax	416 000	824 000	762 000	689 000
Tax	0	0	0	0
Net Income	318 000	730 000	672 000	601 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 873 000	28 893 000	28 881 000	28 896 000
Total Current Assets	437 000	702 000	632 000	549 000
Total Assets	29 310 000	29 595 000	29 513 000	29 445 000
Total Retained Equity	4 185 000	3 867 000	3 137 000	2 465 000
Total Equity	4 250 000	3 932 000	3 202 000	2 530 000
Total Long-Term Debt	24 998 000	25 621 000	26 269 000	26 870 000
Total Current Debt	62 000	43 000	42 000	45 000
Total Equity and Debt	29 310 000	29 595 000	29 513 000	29 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 250 000	1 233 000	1 223 000	1 222 000
Other Income	0	0	0	0
Revenue	1 250 000	1 233 000	1 223 000	1 222 000
Cost of Goods Sold	0	0	0	0
Salary Costs	84 000	59 000	49 000	71 000
Depreciation	20 000	15 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	748 000	348 000	331 000	372 000
Operating Profit	403 000	790 000	801 000	762 000
Financial Income	0	0	1 000	4 000
Financial Costs	85 000	61 000	131 000	164 000
Financial Balance	−85 000	−61 000	−130 000	−160 000
Dividends	0	0	0	0
Net Income	318 000	730 000	672 000	601 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 850 000	28 850 000	28 850 000	28 850 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	43 000	31 000	46 000
Total Tangible Assets	28 873 000	28 893 000	28 881 000	28 896 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 873 000	28 893 000	28 881 000	28 896 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	437 000	702 000	632 000	549 000
Total Current Assets	437 000	702 000	632 000	549 000
Total Assets	29 310 000	29 595 000	29 513 000	29 445 000
Total Equity	4 250 000	3 932 000	3 202 000	2 530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 998 000	25 621 000	26 269 000	26 870 000
Creditors	57 000	40 000	38 000	35 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	3 000	5 000	10 000
Total Current Debt	62 000	43 000	42 000	45 000
Total Equity and Debt	29 310 000	29 595 000	29 513 000	29 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,48 %	18,57 %	20,99 %	23,75 %
Debt-to-Equity Ratio	5,88	6,52	8,2	10,62
Operating Profit Margin	32,24 %	64,07 %	65,49 %	62,36 %
Current Ratio	7,05	16,33	15,05	12,2
Quick Ratio	7,05	16,33	15,05	12,2
Equity Ratio	0,15	0,13	0,11	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %