TORVASTAD ARENA AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

−1,99 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 610 000	1 546 000	1 563 000	2 044 000
Net Income	−148 000	61 000	63 000	210 000
Total Assets	14 434 000	16 538 000	17 010 000	17 641 000
Total Equity	7 445 000	7 593 000	7 532 000	7 470 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 610 000	1 546 000	1 563 000	2 044 000
Expenditure	1 469 000	1 239 000	1 207 000	1 479 000
Operating Profit	142 000	307 000	357 000	565 000
Financial Income	3 000	3 000	4 000	3 000
Financial Costs	293 000	248 000	298 000	358 000
Financial Balance	−290 000	−245 000	−294 000	−355 000
Earnings Before Tax	−148 000	61 000	63 000	210 000
Tax	0	0	0	0
Net Income	−148 000	61 000	63 000	210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 257 000	14 757 000	15 257 000	15 949 000
Total Current Assets	177 000	1 781 000	1 753 000	1 692 000
Total Assets	14 434 000	16 538 000	17 010 000	17 641 000
Total Retained Equity	7 415 000	7 563 000	7 502 000	7 439 000
Total Equity	7 445 000	7 593 000	7 532 000	7 470 000
Total Long-Term Debt	6 863 000	7 449 000	7 975 000	8 866 000
Total Current Debt	127 000	1 496 000	1 503 000	1 306 000
Total Equity and Debt	14 434 000	16 538 000	17 010 000	17 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 610 000	1 556 000	1 576 000	2 044 000
Other Income	0	−10 000	−13 000	0
Revenue	1 610 000	1 546 000	1 563 000	2 044 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	500 000	500 000	692 000	762 000
Impairment	0	0	0	0
Expenditure	1 469 000	1 239 000	1 207 000	1 479 000
Operating Profit	142 000	307 000	357 000	565 000
Financial Income	3 000	3 000	4 000	3 000
Financial Costs	293 000	248 000	298 000	358 000
Financial Balance	−290 000	−245 000	−294 000	−355 000
Dividends	0	0	0	0
Net Income	−148 000	61 000	63 000	210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 257 000	14 757 000	15 257 000	15 757 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	192 000
Total Tangible Assets	14 257 000	14 757 000	15 257 000	15 949 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 257 000	14 757 000	15 257 000	15 949 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	269 000	230 000	221 000
Total Current Assets	177 000	1 781 000	1 753 000	1 692 000
Total Assets	14 434 000	16 538 000	17 010 000	17 641 000
Total Equity	7 445 000	7 593 000	7 532 000	7 470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 863 000	7 449 000	7 975 000	8 866 000
Creditors	2 000	24 000	76 000	28 000
Unpaid Taxes	0	258 000	260 000	216 000
Dividends	0	0	0	0
Other Current Debt	124 000	1 213 000	1 166 000	1 062 000
Total Current Debt	127 000	1 496 000	1 503 000	1 306 000
Total Equity and Debt	14 434 000	16 538 000	17 010 000	17 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,99 %	0,8 %	0,84 %	2,81 %
Debt-to-Equity Ratio	0,92	0,98	1,06	1,19
Operating Profit Margin	8,82 %	19,86 %	22,84 %	27,64 %
Current Ratio	1,39	1,19	1,17	1,3
Quick Ratio	1,39	1,19	1,17	1,3
Equity Ratio	0,52	0,46	0,44	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %