VOITH TURBO AS

0596 OSLO

Finances

Share Ownership

Return on Equity

15 %

Current Ratio

3,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 350 000	25 505 000	36 853 000	24 322 000
Net Income	1 242 000	2 581 000	3 916 000	−4 351 000
Total Assets	11 560 000	11 830 000	9 577 000	10 390 000
Total Equity	8 282 000	7 040 000	4 460 000	544 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 350 000	25 505 000	36 853 000	24 322 000
Expenditure	20 142 000	22 767 000	33 097 000	27 901 000
Operating Profit	1 208 000	2 737 000	3 756 000	−3 579 000
Financial Income	1 264 000	580 000	2 368 000	903 000
Financial Costs	1 169 000	737 000	2 208 000	1 675 000
Financial Balance	95 000	−157 000	160 000	−772 000
Earnings Before Tax	1 304 000	2 581 000	3 916 000	−4 351 000
Tax	62 000	0	0	0
Net Income	1 242 000	2 581 000	3 916 000	−4 351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	23 000	43 000	67 000
Total Current Assets	11 552 000	11 807 000	9 533 000	10 323 000
Total Assets	11 560 000	11 830 000	9 577 000	10 390 000
Total Retained Equity	−1 678 000	−2 920 000	−5 500 000	−9 416 000
Total Equity	8 282 000	7 040 000	4 460 000	544 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 278 000	4 789 000	5 117 000	9 846 000
Total Equity and Debt	11 560 000	11 830 000	9 577 000	10 390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 021 000	24 228 000	34 994 000	23 454 000
Other Income	1 329 000	1 277 000	1 859 000	868 000
Revenue	21 350 000	25 505 000	36 853 000	24 322 000
Cost of Goods Sold	13 918 000	13 376 000	23 340 000	17 933 000
Salary Costs	4 349 000	6 037 000	6 473 000	6 191 000
Depreciation	15 000	21 000	41 000	39 000
Impairment	0	0	0	0
Expenditure	20 142 000	22 767 000	33 097 000	27 901 000
Operating Profit	1 208 000	2 737 000	3 756 000	−3 579 000
Financial Income	1 264 000	580 000	2 368 000	903 000
Financial Costs	1 169 000	737 000	2 208 000	1 675 000
Financial Balance	95 000	−157 000	160 000	−772 000
Dividends	0	0	0	0
Net Income	1 242 000	2 581 000	3 916 000	−4 351 000

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	4 000	11 000	26 000	40 000
Fixtures	4 000	12 000	17 000	27 000
Total Tangible Assets	8 000	23 000	43 000	67 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	23 000	43 000	67 000
Stock	689 000	816 000	714 000	687 000
Total Investments	0	0	0	0
Cash, Bank	106 000	93 000	120 000	173 000
Total Current Assets	11 552 000	11 807 000	9 533 000	10 323 000
Total Assets	11 560 000	11 830 000	9 577 000	10 390 000
Total Equity	8 282 000	7 040 000	4 460 000	544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	932 000	2 133 000	2 288 000	4 661 000
Unpaid Taxes	957 000	1 040 000	1 742 000	1 298 000
Dividends	0	0	0	0
Other Current Debt	1 327 000	1 616 000	1 087 000	3 887 000
Total Current Debt	3 278 000	4 789 000	5 117 000	9 846 000
Total Equity and Debt	11 560 000	11 830 000	9 577 000	10 390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15 %	36,66 %	87,8 %	−799,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,66 %	10,73 %	10,19 %	−14,72 %
Current Ratio	3,52	2,47	1,86	1,05
Quick Ratio	4,46	2,97	2,17	1,13
Equity Ratio	0,72	0,6	0,47	0,05
Gross Profit Margin	34,81 %	47,56 %	36,67 %	26,27 %