TORVET 1A AS

3209 SANDEFJORD

Finances

Share Ownership

Return on Equity

11,31 %

Current Ratio

0,61

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 287 000	1 161 000	7 166 000	1 441 000
Net Income	587 000	295 000	4 500 000	−625 000
Total Assets	10 503 000	10 995 000	12 553 000	7 254 000
Total Equity	5 188 000	5 181 000	4 887 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 287 000	1 161 000	7 166 000	1 441 000
Expenditure	541 000	789 000	1 412 000	2 262 000
Operating Profit	746 000	372 000	5 755 000	−821 000
Financial Income	10 000	6 000	5 000	20 000
Financial Costs	3 000	1 000	0	0
Financial Balance	7 000	5 000	5 000	20 000
Earnings Before Tax	754 000	378 000	5 759 000	−802 000
Tax	166 000	83 000	1 260 000	−176 000
Net Income	587 000	295 000	4 500 000	−625 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 460 000	10 214 000	5 347 000	5 810 000
Total Current Assets	1 043 000	781 000	7 206 000	1 443 000
Total Assets	10 503 000	10 995 000	12 553 000	7 254 000
Total Retained Equity	4 726 000	4 719 000	4 424 000	0
Total Equity	5 188 000	5 181 000	4 887 000	114 000
Total Long-Term Debt	3 595 000	4 516 000	5 663 000	5 848 000
Total Current Debt	1 719 000	1 298 000	2 004 000	1 292 000
Total Equity and Debt	10 503 000	10 995 000	12 553 000	7 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	10 000	0
Other Income	1 287 000	1 161 000	7 156 000	1 441 000
Revenue	1 287 000	1 161 000	7 166 000	1 441 000
Cost of Goods Sold	0	0	11 000	0
Salary Costs	0	0	0	0
Depreciation	54 000	57 000	5 000	21 000
Impairment	0	0	0	0
Expenditure	541 000	789 000	1 412 000	2 262 000
Operating Profit	746 000	372 000	5 755 000	−821 000
Financial Income	10 000	6 000	5 000	20 000
Financial Costs	3 000	1 000	0	0
Financial Balance	7 000	5 000	5 000	20 000
Dividends	580 000	0	0	0
Net Income	587 000	295 000	4 500 000	−625 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 136 000	5 190 000	5 347 000	5 810 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 136 000	5 190 000	5 347 000	5 810 000
Total Fiancial Fixed Assets	4 324 000	5 024 000	0	0
Total Fixed Assets	9 460 000	10 214 000	5 347 000	5 810 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 043 000	781 000	6 444 000	697 000
Total Current Assets	1 043 000	781 000	7 206 000	1 443 000
Total Assets	10 503 000	10 995 000	12 553 000	7 254 000
Total Equity	5 188 000	5 181 000	4 887 000	114 000
Short-Term Group Debt	0	0	530 000	0
Total Long-Term Debt	3 595 000	4 516 000	5 663 000	5 848 000
Creditors	5 000	5 000	3 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	580 000	0	0	0
Other Current Debt	46 000	63 000	39 000	4 000
Total Current Debt	1 719 000	1 298 000	2 004 000	1 292 000
Total Equity and Debt	10 503 000	10 995 000	12 553 000	7 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,31 %	5,69 %	92,08 %	−548,25 %
Debt-to-Equity Ratio	0,69	0,87	1,16	51,3
Operating Profit Margin	57,96 %	32,04 %	80,31 %	−56,97 %
Current Ratio	0,61	0,6	3,6	1,12
Quick Ratio	0,61	0,6	3,6	1,12
Equity Ratio	0,49	0,47	0,39	0,02
Gross Profit Margin	100 %	100 %	99,85 %	100 %