TURBOFUN AS

5308 KLEPPESTØ

Finances

Share Ownership

Return on Equity

−17,89 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	800 000	1 232 000	1 388 000	1 281 000
Net Income	−34 000	−39 000	−189 000	50 000
Total Assets	487 000	490 000	477 000	554 000
Total Equity	190 000	222 000	261 000	450 000

Income (NOK)	2022	2021	2020	2019
Revenue	800 000	1 232 000	1 388 000	1 281 000
Expenditure	824 000	1 271 000	1 581 000	1 216 000
Operating Profit	−23 000	−38 000	−193 000	64 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	1 000	1 000	0
Financial Balance	−4 000	−1 000	−1 000	0
Earnings Before Tax	−28 000	−39 000	−194 000	64 000
Tax	6 000	0	−4 000	14 000
Net Income	−34 000	−39 000	−189 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	22 000	51 000	88 000
Total Current Assets	464 000	467 000	426 000	466 000
Total Assets	487 000	490 000	477 000	554 000
Total Retained Equity	160 000	192 000	231 000	420 000
Total Equity	190 000	222 000	261 000	450 000
Total Long-Term Debt	4 000	0	0	4 000
Total Current Debt	293 000	268 000	216 000	99 000
Total Equity and Debt	487 000	490 000	477 000	554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	800 000	1 232 000	1 388 000	1 281 000
Other Income	0	0	0	0
Revenue	800 000	1 232 000	1 388 000	1 281 000
Cost of Goods Sold	384 000	779 000	922 000	793 000
Salary Costs	12 000	11 000	7 000	9 000
Depreciation	0	17 000	13 000	19 000
Impairment	0	0	0	0
Expenditure	824 000	1 271 000	1 581 000	1 216 000
Operating Profit	−23 000	−38 000	−193 000	64 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	1 000	1 000	0
Financial Balance	−4 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	−34 000	−39 000	−189 000	50 000

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	12 000	12 000	29 000	42 000
Total Tangible Assets	12 000	12 000	29 000	42 000
Total Fiancial Fixed Assets	10 000	10 000	22 000	46 000
Total Fixed Assets	22 000	22 000	51 000	88 000
Stock	443 000	410 000	379 000	418 000
Total Investments	0	0	0	0
Cash, Bank	18 000	26 000	40 000	41 000
Total Current Assets	464 000	467 000	426 000	466 000
Total Assets	487 000	490 000	477 000	554 000
Total Equity	190 000	222 000	261 000	450 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	4 000
Creditors	1 000	144 000	175 000	0
Unpaid Taxes	17 000	12 000	16 000	32 000
Dividends	0	0	0	0
Other Current Debt	275 000	112 000	26 000	51 000
Total Current Debt	293 000	268 000	216 000	99 000
Total Equity and Debt	487 000	490 000	477 000	554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,89 %	−17,57 %	−72,41 %	11,11 %
Debt-to-Equity Ratio	0,02	0	0	0,01
Operating Profit Margin	−2,88 %	−3,08 %	−13,9 %	5 %
Current Ratio	1,58	1,74	1,97	4,71
Quick Ratio	−3,09	−3,29	−2,61	−1,46
Equity Ratio	0,39	0,45	0,55	0,81
Gross Profit Margin	52 %	36,77 %	33,57 %	38,1 %