THORVALD ERICHSENSVEI EIENDOM AS

0278 OSLO

Finances

Share Ownership

Return on Equity

−0,36 %

Current Ratio

0,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	181 000	0	52 000	0
Net Income	−39 000	−182 000	−158 000	−103 000
Total Assets	15 555 000	15 156 000	14 261 000	15 836 000
Total Equity	10 869 000	10 649 000	10 609 000	10 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	181 000	0	52 000	0
Expenditure	69 000	48 000	54 000	39 000
Operating Profit	112 000	−48 000	−2 000	−39 000
Financial Income	0	0	0	0
Financial Costs	225 000	197 000	226 000	241 000
Financial Balance	−225 000	−197 000	−226 000	−241 000
Earnings Before Tax	−113 000	−245 000	−228 000	−280 000
Tax	−73 000	−63 000	−70 000	−177 000
Net Income	−39 000	−182 000	−158 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 222 000	14 550 000	13 940 000	13 940 000
Total Current Assets	333 000	605 000	320 000	1 896 000
Total Assets	15 555 000	15 156 000	14 261 000	15 836 000
Total Retained Equity	−2 467 000	−2 428 000	−2 246 000	−2 088 000
Total Equity	10 869 000	10 649 000	10 609 000	10 517 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 685 000	4 506 000	3 652 000	5 319 000
Total Equity and Debt	15 555 000	15 156 000	14 261 000	15 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	181 000	0	52 000	0
Revenue	181 000	0	52 000	0
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	69 000	48 000	54 000	39 000
Operating Profit	112 000	−48 000	−2 000	−39 000
Financial Income	0	0	0	0
Financial Costs	225 000	197 000	226 000	241 000
Financial Balance	−225 000	−197 000	−226 000	−241 000
Dividends	0	0	0	0
Net Income	−39 000	−182 000	−158 000	−103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 222 000	14 550 000	13 940 000	13 940 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 222 000	14 550 000	13 940 000	13 940 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 222 000	14 550 000	13 940 000	13 940 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	333 000	605 000	320 000	1 896 000
Total Assets	15 555 000	15 156 000	14 261 000	15 836 000
Total Equity	10 869 000	10 649 000	10 609 000	10 517 000
Short-Term Group Debt	4 645 000	4 449 000	3 614 000	5 050 000
Total Long-Term Debt	0	0	0	0
Creditors	4 000	25 000	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	36 000	33 000	30 000	30 000
Total Current Debt	4 685 000	4 506 000	3 652 000	5 319 000
Total Equity and Debt	15 555 000	15 156 000	14 261 000	15 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,36 %	−1,71 %	−1,49 %	−0,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	61,88 %	-	−3,85 %	-
Current Ratio	0,07	0,13	0,09	0,36
Quick Ratio	0,07	0,13	0,09	0,36
Equity Ratio	0,7	0,7	0,74	0,66
Gross Profit Margin	100 %	-	100 %	-