TUROFLOW AS

7652 VERDAL

Finances

Share Ownership

Return on Equity

410,13 %

Current Ratio

1,44

Debt-to-Equity Ratio

5,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 161 000	8 336 000	7 884 000	9 639 000
Net Income	1 296 000	−1 227 000	−2 286 000	17 000
Total Assets	6 125 000	4 217 000	4 453 000	5 817 000
Total Equity	316 000	−1 593 000	−366 000	1 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 161 000	8 336 000	7 884 000	9 639 000
Expenditure	10 561 000	9 345 000	9 958 000	9 414 000
Operating Profit	1 599 000	−1 009 000	−2 075 000	225 000
Financial Income	29 000	30 000	13 000	9 000
Financial Costs	332 000	248 000	262 000	210 000
Financial Balance	−303 000	−218 000	−249 000	−201 000
Earnings Before Tax	1 296 000	−1 227 000	−2 324 000	24 000
Tax	0	0	−38 000	7 000
Net Income	1 296 000	−1 227 000	−2 286 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	453 000	686 000	904 000
Total Current Assets	5 849 000	3 764 000	3 767 000	4 913 000
Total Assets	6 125 000	4 217 000	4 453 000	5 817 000
Total Retained Equity	−296 000	−3 343 000	−2 116 000	169 000
Total Equity	316 000	−1 593 000	−366 000	1 919 000
Total Long-Term Debt	1 741 000	2 388 000	2 754 000	1 606 000
Total Current Debt	4 068 000	3 422 000	2 066 000	2 291 000
Total Equity and Debt	6 125 000	4 217 000	4 453 000	5 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 161 000	8 243 000	7 791 000	9 636 000
Other Income	0	93 000	94 000	3 000
Revenue	12 161 000	8 336 000	7 884 000	9 639 000
Cost of Goods Sold	5 238 000	3 871 000	4 617 000	4 008 000
Salary Costs	3 567 000	3 489 000	3 451 000	3 597 000
Depreciation	177 000	233 000	273 000	216 000
Impairment	0	0	0	0
Expenditure	10 561 000	9 345 000	9 958 000	9 414 000
Operating Profit	1 599 000	−1 009 000	−2 075 000	225 000
Financial Income	29 000	30 000	13 000	9 000
Financial Costs	332 000	248 000	262 000	210 000
Financial Balance	−303 000	−218 000	−249 000	−201 000
Dividends	0	0	0	0
Net Income	1 296 000	−1 227 000	−2 286 000	17 000

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	275 000	453 000	686 000	904 000
Total Tangible Assets	275 000	453 000	686 000	904 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	275 000	453 000	686 000	904 000
Stock	1 950 000	2 038 000	1 982 000	2 213 000
Total Investments	0	0	0	0
Cash, Bank	120 000	124 000	123 000	179 000
Total Current Assets	5 849 000	3 764 000	3 767 000	4 913 000
Total Assets	6 125 000	4 217 000	4 453 000	5 817 000
Total Equity	316 000	−1 593 000	−366 000	1 919 000
Short-Term Group Debt	0	600 000	0	0
Total Long-Term Debt	1 741 000	2 388 000	2 754 000	1 606 000
Creditors	1 801 000	1 317 000	406 000	529 000
Unpaid Taxes	899 000	616 000	352 000	583 000
Dividends	0	0	0	0
Other Current Debt	375 000	357 000	348 000	313 000
Total Current Debt	4 068 000	3 422 000	2 066 000	2 291 000
Total Equity and Debt	6 125 000	4 217 000	4 453 000	5 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	410,13 %	77,02 %	624,59 %	0,89 %
Debt-to-Equity Ratio	5,51	−1,5	−7,52	0,84
Operating Profit Margin	13,15 %	−12,1 %	−26,32 %	2,33 %
Current Ratio	1,44	1,1	1,82	2,14
Quick Ratio	2,76	2,72	44,85	62,99
Equity Ratio	0,05	−0,38	−0,08	0,33
Gross Profit Margin	56,93 %	53,56 %	41,44 %	58,42 %