TURNÈ SERVICE AS

2760 BRANDBU

Finances

Return on Equity

36,55 %

Current Ratio

0,71

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 861 000	3 472 000	4 794 000	5 912 000
Net Income	1 239 000	902 000	953 000	405 000
Total Assets	6 376 000	4 276 000	4 847 000	3 469 000
Total Equity	3 390 000	3 152 000	3 350 000	2 547 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 861 000	3 472 000	4 794 000	5 912 000
Expenditure	5 261 000	2 433 000	3 543 000	5 319 000
Operating Profit	1 600 000	1 039 000	1 250 000	592 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	2 000	29 000	11 000
Financial Balance	1 000	−2 000	−29 000	−11 000
Earnings Before Tax	1 600 000	1 038 000	1 221 000	581 000
Tax	362 000	136 000	269 000	176 000
Net Income	1 239 000	902 000	953 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 664 000	1 426 000	1 897 000	2 017 000
Total Current Assets	1 712 000	2 850 000	2 950 000	1 452 000
Total Assets	6 376 000	4 276 000	4 847 000	3 469 000
Total Retained Equity	3 286 000	3 048 000	3 246 000	2 443 000
Total Equity	3 390 000	3 152 000	3 350 000	2 547 000
Total Long-Term Debt	584 000	594 000	702 000	778 000
Total Current Debt	2 402 000	531 000	796 000	143 000
Total Equity and Debt	6 376 000	4 276 000	4 847 000	3 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 665 000	3 472 000	4 689 000	5 521 000
Other Income	1 196 000	0	105 000	392 000
Revenue	6 861 000	3 472 000	4 794 000	5 912 000
Cost of Goods Sold	3 042 000	1 323 000	2 404 000	4 338 000
Salary Costs	83 000	84 000	112 000	84 000
Depreciation	344 000	841 000	396 000	268 000
Impairment	0	0	0	0
Expenditure	5 261 000	2 433 000	3 543 000	5 319 000
Operating Profit	1 600 000	1 039 000	1 250 000	592 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	2 000	29 000	11 000
Financial Balance	1 000	−2 000	−29 000	−11 000
Dividends	0	1 100 000	150 000	0
Net Income	1 239 000	902 000	953 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 152 000	1 385 000	1 857 000	1 977 000
Total Tangible Assets	1 152 000	1 385 000	1 857 000	1 977 000
Total Fiancial Fixed Assets	3 512 000	41 000	41 000	41 000
Total Fixed Assets	4 664 000	1 426 000	1 897 000	2 017 000
Stock	0	0	0	0
Total Investments	30 000	0	0	0
Cash, Bank	1 403 000	1 961 000	2 284 000	834 000
Total Current Assets	1 712 000	2 850 000	2 950 000	1 452 000
Total Assets	6 376 000	4 276 000	4 847 000	3 469 000
Total Equity	3 390 000	3 152 000	3 350 000	2 547 000
Short-Term Group Debt	0	−10 000	−10 000	−10 000
Total Long-Term Debt	584 000	594 000	702 000	778 000
Creditors	361 000	414 000	403 000	161 000
Unpaid Taxes	15 000	−113 000	0	49 000
Dividends	0	1 100 000	150 000	0
Other Current Debt	1 661 000	8 000	144 000	8 000
Total Current Debt	2 402 000	531 000	796 000	143 000
Total Equity and Debt	6 376 000	4 276 000	4 847 000	3 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,55 %	28,62 %	28,45 %	15,9 %
Debt-to-Equity Ratio	0,17	0,19	0,21	0,31
Operating Profit Margin	23,32 %	29,93 %	26,07 %	10,01 %
Current Ratio	0,71	5,37	3,71	10,15
Quick Ratio	0,71	5,37	3,71	10,15
Equity Ratio	0,53	0,74	0,69	0,73
Gross Profit Margin	55,66 %	61,9 %	49,85 %	26,62 %