TORKELSEN AS

5251 SØREIDGREND

Finances

Return on Equity

−83,96 %

Current Ratio

5,65

Debt-to-Equity Ratio

20,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	573 000	69 000	195 000	796 000
Net Income	−89 000	−83 000	−1 000	−506 000
Total Assets	2 307 000	2 190 000	1 545 000	1 651 000
Total Equity	106 000	196 000	279 000	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	573 000	69 000	195 000	796 000
Expenditure	661 000	152 000	128 000	236 000
Operating Profit	−88 000	−83 000	1 000	560 000
Financial Income	0	0	0	16 000
Financial Costs	2 000	0	0	1 079 000
Financial Balance	−2 000	0	0	−1 063 000
Earnings Before Tax	−89 000	−83 000	1 000	−503 000
Tax	0	0	2 000	3 000
Net Income	−89 000	−83 000	−1 000	−506 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 212 000	2 181 000	1 486 000	1 499 000
Total Current Assets	96 000	9 000	59 000	152 000
Total Assets	2 307 000	2 190 000	1 545 000	1 651 000
Total Retained Equity	−59 000	31 000	114 000	114 000
Total Equity	106 000	196 000	279 000	279 000
Total Long-Term Debt	2 184 000	1 994 000	1 252 000	1 328 000
Total Current Debt	17 000	0	14 000	44 000
Total Equity and Debt	2 307 000	2 190 000	1 545 000	1 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	573 000	69 000	195 000	782 000
Other Income	0	0	0	14 000
Revenue	573 000	69 000	195 000	796 000
Cost of Goods Sold	445 000	0	0	0
Salary Costs	6 000	0	0	1 000
Depreciation	8 000	5 000	29 000	54 000
Impairment	0	0	0	0
Expenditure	661 000	152 000	128 000	236 000
Operating Profit	−88 000	−83 000	1 000	560 000
Financial Income	0	0	0	16 000
Financial Costs	2 000	0	0	1 079 000
Financial Balance	−2 000	0	0	−1 063 000
Dividends	0	0	0	0
Net Income	−89 000	−83 000	−1 000	−506 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 000	8 000	13 000	16 000
Fixtures	36 000	0	0	10 000
Total Tangible Assets	38 000	8 000	13 000	26 000
Total Fiancial Fixed Assets	2 173 000	2 173 000	1 473 000	1 473 000
Total Fixed Assets	2 212 000	2 181 000	1 486 000	1 499 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	5 000	1 000	82 000
Total Current Assets	96 000	9 000	59 000	152 000
Total Assets	2 307 000	2 190 000	1 545 000	1 651 000
Total Equity	106 000	196 000	279 000	279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 184 000	1 994 000	1 252 000	1 328 000
Creditors	0	0	0	3 000
Unpaid Taxes	3 000	0	11 000	36 000
Dividends	0	0	0	0
Other Current Debt	14 000	0	1 000	1 000
Total Current Debt	17 000	0	14 000	44 000
Total Equity and Debt	2 307 000	2 190 000	1 545 000	1 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83,96 %	−42,35 %	−0,36 %	−181,36 %
Debt-to-Equity Ratio	20,6	10,17	4,49	4,76
Operating Profit Margin	−15,36 %	−120,29 %	0,51 %	70,35 %
Current Ratio	5,65	-	4,21	3,45
Quick Ratio	5,65	-	4,21	3,45
Equity Ratio	0,05	0,09	0,18	0,17
Gross Profit Margin	22,34 %	100 %	100 %	100 %