TØRLEN EIENDOM AS

6020 ÅLESUND

Finances

Return on Equity

−0,34 %

Current Ratio

0,49

Debt-to-Equity Ratio

2,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	615 000	654 000	556 000	520 000
Net Income	−26 000	95 000	82 000	121 000
Total Assets	23 937 000	17 204 000	13 801 000	11 514 000
Total Equity	7 560 000	7 586 000	7 491 000	7 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	615 000	654 000	556 000	520 000
Expenditure	344 000	370 000	366 000	257 000
Operating Profit	271 000	284 000	190 000	263 000
Financial Income	337 000	19 000	29 000	32 000
Financial Costs	634 000	209 000	137 000	173 000
Financial Balance	−297 000	−190 000	−108 000	−141 000
Earnings Before Tax	−26 000	95 000	82 000	121 000
Tax	0	0	0	0
Net Income	−26 000	95 000	82 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 913 000	17 097 000	13 753 000	11 493 000
Total Current Assets	24 000	107 000	48 000	21 000
Total Assets	23 937 000	17 204 000	13 801 000	11 514 000
Total Retained Equity	7 440 000	7 466 000	7 371 000	7 289 000
Total Equity	7 560 000	7 586 000	7 491 000	7 409 000
Total Long-Term Debt	16 328 000	9 600 000	5 869 000	4 002 000
Total Current Debt	49 000	19 000	441 000	103 000
Total Equity and Debt	23 937 000	17 204 000	13 801 000	11 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	556 000	520 000
Other Income	615 000	654 000	0	0
Revenue	615 000	654 000	556 000	520 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	15 000	46 000
Impairment	0	0	0	0
Expenditure	344 000	370 000	366 000	257 000
Operating Profit	271 000	284 000	190 000	263 000
Financial Income	337 000	19 000	29 000	32 000
Financial Costs	634 000	209 000	137 000	173 000
Financial Balance	−297 000	−190 000	−108 000	−141 000
Dividends	0	0	0	0
Net Income	−26 000	95 000	82 000	121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 764 000	10 764 000	12 652 000	10 244 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	15 000
Total Tangible Assets	10 764 000	10 764 000	12 652 000	10 259 000
Total Fiancial Fixed Assets	13 149 000	6 334 000	1 101 000	1 234 000
Total Fixed Assets	23 913 000	17 097 000	13 753 000	11 493 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	107 000	43 000	21 000
Total Current Assets	24 000	107 000	48 000	21 000
Total Assets	23 937 000	17 204 000	13 801 000	11 514 000
Total Equity	7 560 000	7 586 000	7 491 000	7 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 328 000	9 600 000	5 869 000	4 002 000
Creditors	14 000	0	26 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	35 000	19 000	416 000	103 000
Total Current Debt	49 000	19 000	441 000	103 000
Total Equity and Debt	23 937 000	17 204 000	13 801 000	11 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,34 %	1,25 %	1,09 %	1,63 %
Debt-to-Equity Ratio	2,16	1,27	0,78	0,54
Operating Profit Margin	44,07 %	43,43 %	34,17 %	50,58 %
Current Ratio	0,49	5,63	0,11	0,2
Quick Ratio	0,49	5,63	0,11	0,2
Equity Ratio	0,32	0,44	0,54	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %