TURNSTONE ALTERNATIVE INVESTMENTS AS

0161 OSLO

Finances

Return on Equity

309,38 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 326 000	14 839 000	10 782 000	7 558 000
Net Income	7 125 000	7 519 000	1 907 000	355 000
Total Assets	12 139 000	12 740 000	4 862 000	2 806 000
Total Equity	2 303 000	2 178 000	2 159 000	1 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 326 000	14 839 000	10 782 000	7 558 000
Expenditure	4 993 000	4 862 000	8 253 000	7 132 000
Operating Profit	9 333 000	9 978 000	2 529 000	426 000
Financial Income	219 000	65 000	15 000	52 000
Financial Costs	49 000	18 000	0	0
Financial Balance	170 000	47 000	15 000	52 000
Earnings Before Tax	9 503 000	10 025 000	2 544 000	477 000
Tax	2 377 000	2 506 000	637 000	122 000
Net Income	7 125 000	7 519 000	1 907 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 086 000	1 079 000	1 016 000	923 000
Total Current Assets	11 054 000	11 660 000	3 846 000	1 883 000
Total Assets	12 139 000	12 740 000	4 862 000	2 806 000
Total Retained Equity	75 000	0	0	0
Total Equity	2 303 000	2 178 000	2 159 000	1 752 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 836 000	10 562 000	2 703 000	1 054 000
Total Equity and Debt	12 139 000	12 740 000	4 862 000	2 806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 498 000	13 086 000	10 196 000	7 191 000
Other Income	1 828 000	1 753 000	586 000	367 000
Revenue	14 326 000	14 839 000	10 782 000	7 558 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 647 000	3 681 000	3 376 000	2 606 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 993 000	4 862 000	8 253 000	7 132 000
Operating Profit	9 333 000	9 978 000	2 529 000	426 000
Financial Income	219 000	65 000	15 000	52 000
Financial Costs	49 000	18 000	0	0
Financial Balance	170 000	47 000	15 000	52 000
Dividends	7 000 000	7 500 000	1 500 000	0
Net Income	7 125 000	7 519 000	1 907 000	355 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 086 000	1 079 000	1 016 000	923 000
Total Fixed Assets	1 086 000	1 079 000	1 016 000	923 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 131 000	11 579 000	3 807 000	1 844 000
Total Current Assets	11 054 000	11 660 000	3 846 000	1 883 000
Total Assets	12 139 000	12 740 000	4 862 000	2 806 000
Total Equity	2 303 000	2 178 000	2 159 000	1 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−5 000	0	0	89 000
Unpaid Taxes	163 000	276 000	304 000	266 000
Dividends	7 000 000	7 500 000	1 500 000	0
Other Current Debt	302 000	7 780 000	1 762 000	700 000
Total Current Debt	9 836 000	10 562 000	2 703 000	1 054 000
Total Equity and Debt	12 139 000	12 740 000	4 862 000	2 806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	309,38 %	345,22 %	88,33 %	20,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	65,15 %	67,24 %	23,46 %	5,64 %
Current Ratio	1,12	1,1	1,42	1,79
Quick Ratio	1,12	1,1	1,42	1,79
Equity Ratio	0,19	0,17	0,44	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %