TORSNES NÆRINGSEIGEDOM AS

5627 JONDAL

Finances

Share Ownership

Return on Equity

10,54 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	595 000	372 000	399 000	801 000
Net Income	91 000	2 000	−32 000	243 000
Total Assets	995 000	965 000	1 017 000	876 000
Total Equity	863 000	771 000	769 000	801 000

Income (NOK)	2022	2021	2020	2019
Revenue	595 000	372 000	399 000	801 000
Expenditure	437 000	414 000	457 000	530 000
Operating Profit	158 000	−42 000	−58 000	271 000
Financial Income	23 000	48 000	21 000	35 000
Financial Costs	56 000	17 000	10 000	4 000
Financial Balance	−33 000	31 000	11 000	31 000
Earnings Before Tax	125 000	−11 000	−47 000	303 000
Tax	33 000	−13 000	−15 000	59 000
Net Income	91 000	2 000	−32 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	786 000	914 000	892 000	729 000
Total Current Assets	209 000	51 000	124 000	148 000
Total Assets	995 000	965 000	1 017 000	876 000
Total Retained Equity	833 000	741 000	739 000	771 000
Total Equity	863 000	771 000	769 000	801 000
Total Long-Term Debt	0	60 000	94 000	0
Total Current Debt	132 000	134 000	153 000	75 000
Total Equity and Debt	995 000	965 000	1 017 000	876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	595 000	372 000	399 000	801 000
Other Income	0	0	0	0
Revenue	595 000	372 000	399 000	801 000
Cost of Goods Sold	7 000	67 000	181 000	152 000
Salary Costs	61 000	60 000	0	0
Depreciation	97 000	94 000	71 000	42 000
Impairment	0	0	0	0
Expenditure	437 000	414 000	457 000	530 000
Operating Profit	158 000	−42 000	−58 000	271 000
Financial Income	23 000	48 000	21 000	35 000
Financial Costs	56 000	17 000	10 000	4 000
Financial Balance	−33 000	31 000	11 000	31 000
Dividends	0	0	0	0
Net Income	91 000	2 000	−32 000	243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	19 000	7 000	2 000
Real Eastate	471 000	451 000	453 000	400 000
Machinery and Plant Facilities	0	4 000	13 000	21 000
Fixtures	0	0	0	0
Total Tangible Assets	536 000	548 000	587 000	449 000
Total Fiancial Fixed Assets	221 000	346 000	299 000	278 000
Total Fixed Assets	786 000	914 000	892 000	729 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	38 000	12 000	107 000
Total Current Assets	209 000	51 000	124 000	148 000
Total Assets	995 000	965 000	1 017 000	876 000
Total Equity	863 000	771 000	769 000	801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	60 000	94 000	0
Creditors	66 000	19 000	42 000	7 000
Unpaid Taxes	6 000	21 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	17 000	18 000	6 000	6 000
Total Current Debt	132 000	134 000	153 000	75 000
Total Equity and Debt	995 000	965 000	1 017 000	876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,54 %	0,26 %	−4,16 %	30,34 %
Debt-to-Equity Ratio	0	0,08	0,12	0
Operating Profit Margin	26,55 %	−11,29 %	−14,54 %	33,83 %
Current Ratio	1,58	0,38	0,81	1,97
Quick Ratio	1,58	0,38	0,81	1,97
Equity Ratio	0,87	0,8	0,76	0,91
Gross Profit Margin	98,82 %	81,99 %	54,64 %	81,02 %