TORSEN HOLDING AS

6057 ELLINGSØY

Finances

Return on Equity

29,2 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 000	0	0	118 000
Net Income	755 000	20 000	1 157 000	1 165 000
Total Assets	4 572 000	1 861 000	2 914 000	2 224 000
Total Equity	2 586 000	1 831 000	1 811 000	654 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 000	0	0	118 000
Expenditure	89 000	25 000	30 000	92 000
Operating Profit	36 000	−25 000	−30 000	26 000
Financial Income	797 000	45 000	1 460 000	327 000
Financial Costs	79 000	0	0	−833 000
Financial Balance	718 000	45 000	1 460 000	1 160 000
Earnings Before Tax	755 000	20 000	1 430 000	1 186 000
Tax	0	0	273 000	20 000
Net Income	755 000	20 000	1 157 000	1 165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 181 000	1 694 000	1 702 000	1 802 000
Total Current Assets	392 000	167 000	1 212 000	422 000
Total Assets	4 572 000	1 861 000	2 914 000	2 224 000
Total Retained Equity	2 486 000	1 731 000	1 711 000	554 000
Total Equity	2 586 000	1 831 000	1 811 000	654 000
Total Long-Term Debt	1 748 000	30 000	830 000	1 550 000
Total Current Debt	238 000	0	273 000	20 000
Total Equity and Debt	4 572 000	1 861 000	2 914 000	2 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	118 000
Other Income	126 000	0	0	0
Revenue	126 000	0	0	118 000
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	89 000	25 000	30 000	92 000
Operating Profit	36 000	−25 000	−30 000	26 000
Financial Income	797 000	45 000	1 460 000	327 000
Financial Costs	79 000	0	0	−833 000
Financial Balance	718 000	45 000	1 460 000	1 160 000
Dividends	0	0	0	0
Net Income	755 000	20 000	1 157 000	1 165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 384 000	462 000	462 000	462 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 384 000	462 000	462 000	462 000
Total Fiancial Fixed Assets	796 000	1 232 000	1 240 000	1 340 000
Total Fixed Assets	4 181 000	1 694 000	1 702 000	1 802 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	392 000	167 000	1 212 000	345 000
Total Current Assets	392 000	167 000	1 212 000	422 000
Total Assets	4 572 000	1 861 000	2 914 000	2 224 000
Total Equity	2 586 000	1 831 000	1 811 000	654 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 748 000	30 000	830 000	1 550 000
Creditors	32 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	207 000	0	0	0
Total Current Debt	238 000	0	273 000	20 000
Total Equity and Debt	4 572 000	1 861 000	2 914 000	2 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,2 %	1,09 %	63,89 %	178,13 %
Debt-to-Equity Ratio	0,68	0,02	0,46	2,37
Operating Profit Margin	28,57 %	-	-	22,03 %
Current Ratio	1,65	-	4,44	21,1
Quick Ratio	1,65	-	4,44	21,1
Equity Ratio	0,57	0,98	0,62	0,29
Gross Profit Margin	100 %	-	-	100 %