TURBIN HOLDING AS

0459 OSLO

Finances

Return on Equity

22,7 %

Current Ratio

382,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 000	27 000	21 000	20 000
Net Income	4 061 000	5 510 000	2 138 000	2 062 000
Total Assets	17 950 000	18 302 000	18 080 000	18 258 000
Total Equity	17 887 000	13 826 000	18 016 000	18 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 000	27 000	21 000	20 000
Expenditure	153 000	153 000	154 000	169 000
Operating Profit	−131 000	−126 000	−132 000	−149 000
Financial Income	4 198 000	6 722 000	2 695 000	2 205 000
Financial Costs	0	1 068 000	429 000	3 000
Financial Balance	4 198 000	5 654 000	2 266 000	2 202 000
Earnings Before Tax	4 067 000	5 528 000	2 133 000	2 053 000
Tax	6 000	18 000	−5 000	−9 000
Net Income	4 061 000	5 510 000	2 138 000	2 062 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 467 000	6 465 000	7 532 000	7 494 000
Total Current Assets	11 483 000	11 836 000	10 548 000	10 764 000
Total Assets	17 950 000	18 302 000	18 080 000	18 258 000
Total Retained Equity	12 136 000	8 075 000	12 265 000	12 426 000
Total Equity	17 887 000	13 826 000	18 016 000	18 177 000
Total Long-Term Debt	33 000	42 000	52 000	64 000
Total Current Debt	30 000	4 434 000	12 000	16 000
Total Equity and Debt	17 950 000	18 302 000	18 080 000	18 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	22 000	27 000	21 000	20 000
Revenue	22 000	27 000	21 000	20 000
Cost of Goods Sold	0	0	0	0
Salary Costs	105 000	105 000	113 000	112 000
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	153 000	153 000	154 000	169 000
Operating Profit	−131 000	−126 000	−132 000	−149 000
Financial Income	4 198 000	6 722 000	2 695 000	2 205 000
Financial Costs	0	1 068 000	429 000	3 000
Financial Balance	4 198 000	5 654 000	2 266 000	2 202 000
Dividends	0	9 700 000	2 300 000	2 000 000
Net Income	4 061 000	5 510 000	2 138 000	2 062 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	167 000	183 000	199 000	215 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	691 000	691 000	691 000	691 000
Total Tangible Assets	858 000	874 000	890 000	906 000
Total Fiancial Fixed Assets	5 609 000	5 591 000	6 642 000	6 588 000
Total Fixed Assets	6 467 000	6 465 000	7 532 000	7 494 000
Stock	0	0	0	0
Total Investments	0	0	0	1 460 000
Cash, Bank	6 462 000	5 440 000	5 560 000	3 495 000
Total Current Assets	11 483 000	11 836 000	10 548 000	10 764 000
Total Assets	17 950 000	18 302 000	18 080 000	18 258 000
Total Equity	17 887 000	13 826 000	18 016 000	18 177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 000	42 000	52 000	64 000
Creditors	9 000	0	0	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	9 700 000	2 300 000	2 000 000
Other Current Debt	6 000	4 405 000	5 000	0
Total Current Debt	30 000	4 434 000	12 000	16 000
Total Equity and Debt	17 950 000	18 302 000	18 080 000	18 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,7 %	39,85 %	11,87 %	11,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−595,45 %	−466,67 %	−628,57 %	−745 %
Current Ratio	382,77	2,67	879	672,75
Quick Ratio	382,77	2,67	879	672,75
Equity Ratio	1	0,76	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %