STIFTELSEN TURNERHYTTEN

5096 BERGEN

Finances

Share Ownership

Return on Equity

−1,21 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 000	324 000	521 000	506 000
Net Income	−45 000	74 000	155 000	161 000
Total Assets	3 705 000	3 751 000	3 676 000	3 522 000
Total Equity	3 705 000	3 751 000	3 676 000	3 522 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 000	324 000	521 000	506 000
Expenditure	343 000	251 000	372 000	345 000
Operating Profit	−52 000	73 000	149 000	161 000
Financial Income	6 000	1 000	6 000	0
Financial Costs	0	0	0	0
Financial Balance	6 000	1 000	6 000	0
Earnings Before Tax	−45 000	74 000	155 000	161 000
Tax	0	0	0	0
Net Income	−45 000	74 000	155 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 541 000	2 541 000	2 541 000	2 541 000
Total Current Assets	1 164 000	1 210 000	1 135 000	981 000
Total Assets	3 705 000	3 751 000	3 676 000	3 522 000
Total Retained Equity	1 205 000	1 251 000	1 176 000	1 022 000
Total Equity	3 705 000	3 751 000	3 676 000	3 522 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	3 705 000	3 751 000	3 676 000	3 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	107 000	45 000	61 000	78 000
Other Income	184 000	279 000	460 000	428 000
Revenue	291 000	324 000	521 000	506 000
Cost of Goods Sold	39 000	18 000	42 000	19 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	343 000	251 000	372 000	345 000
Operating Profit	−52 000	73 000	149 000	161 000
Financial Income	6 000	1 000	6 000	0
Financial Costs	0	0	0	0
Financial Balance	6 000	1 000	6 000	0
Dividends	0	0	0	0
Net Income	−45 000	74 000	155 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 541 000	2 541 000	2 541 000	2 541 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 541 000	2 541 000	2 541 000	2 541 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 541 000	2 541 000	2 541 000	2 541 000
Stock	18 000	10 000	18 000	6 000
Total Investments	0	0	0	0
Cash, Bank	1 064 000	1 139 000	1 049 000	907 000
Total Current Assets	1 164 000	1 210 000	1 135 000	981 000
Total Assets	3 705 000	3 751 000	3 676 000	3 522 000
Total Equity	3 705 000	3 751 000	3 676 000	3 522 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	3 705 000	3 751 000	3 676 000	3 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,21 %	1,97 %	4,22 %	4,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,87 %	22,53 %	28,6 %	31,82 %
Current Ratio	-	-	-	-
Quick Ratio	−64,67	−121	−63,06	−163,5
Equity Ratio	1	1	1	1
Gross Profit Margin	86,6 %	94,44 %	91,94 %	96,25 %