TORVET 1 EIENDOM AS

3681 NOTODDEN

Finances

Share Ownership

Return on Equity

−17,56 %

Current Ratio

10,5

Debt-to-Equity Ratio

−8,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	795 000	607 000	347 000	403 000
Net Income	115 000	−29 000	−1 164 000	12 000
Total Assets	5 107 000	5 304 000	4 991 000	3 146 000
Total Equity	−655 000	−770 000	−741 000	424 000

Income (NOK)	2022	2021	2020	2019
Revenue	795 000	607 000	347 000	403 000
Expenditure	403 000	440 000	1 638 000	222 000
Operating Profit	392 000	167 000	−1 292 000	181 000
Financial Income	0	0	1 000	0
Financial Costs	279 000	210 000	202 000	165 000
Financial Balance	−279 000	−210 000	−201 000	−165 000
Earnings Before Tax	113 000	−42 000	−1 493 000	16 000
Tax	−1 000	−13 000	−328 000	4 000
Net Income	115 000	−29 000	−1 164 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 561 000	4 763 000	4 600 000	2 825 000
Total Current Assets	546 000	542 000	391 000	321 000
Total Assets	5 107 000	5 304 000	4 991 000	3 146 000
Total Retained Equity	−1 655 000	−1 770 000	−1 741 000	−576 000
Total Equity	−655 000	−770 000	−741 000	424 000
Total Long-Term Debt	5 709 000	6 029 000	5 252 000	2 671 000
Total Current Debt	52 000	45 000	480 000	51 000
Total Equity and Debt	5 107 000	5 304 000	4 991 000	3 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	61 000	0	55 000
Other Income	785 000	547 000	347 000	348 000
Revenue	795 000	607 000	347 000	403 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	203 000	223 000	228 000	127 000
Impairment	0	0	0	0
Expenditure	403 000	440 000	1 638 000	222 000
Operating Profit	392 000	167 000	−1 292 000	181 000
Financial Income	0	0	1 000	0
Financial Costs	279 000	210 000	202 000	165 000
Financial Balance	−279 000	−210 000	−201 000	−165 000
Dividends	0	0	0	0
Net Income	115 000	−29 000	−1 164 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	498 000	497 000	483 000	155 000
Real Eastate	4 028 000	4 222 000	4 087 000	2 632 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	43 000	30 000	38 000
Total Tangible Assets	4 062 000	4 266 000	4 117 000	2 670 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 561 000	4 763 000	4 600 000	2 825 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	211 000	177 000	5 000	1 000
Total Current Assets	546 000	542 000	391 000	321 000
Total Assets	5 107 000	5 304 000	4 991 000	3 146 000
Total Equity	−655 000	−770 000	−741 000	424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 709 000	6 029 000	5 252 000	2 671 000
Creditors	16 000	0	23 000	2 000
Unpaid Taxes	36 000	45 000	−100 000	8 000
Dividends	0	0	0	0
Other Current Debt	0	0	557 000	42 000
Total Current Debt	52 000	45 000	480 000	51 000
Total Equity and Debt	5 107 000	5 304 000	4 991 000	3 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,56 %	3,77 %	157,09 %	2,83 %
Debt-to-Equity Ratio	−8,72	−7,83	−7,09	6,3
Operating Profit Margin	49,31 %	27,51 %	−372,33 %	44,91 %
Current Ratio	10,5	12,04	0,81	6,29
Quick Ratio	10,5	12,04	0,81	6,29
Equity Ratio	−0,13	−0,15	−0,15	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %