TØNSBERGS TURNFORENING VENNER AS

3111 TØNSBERG

Finances

Share Ownership

Return on Equity

1,68 %

Current Ratio

26,33

Debt-to-Equity Ratio

1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	523 000	390 000	463 000	441 000
Net Income	13 000	36 000	145 000	58 000
Total Assets	2 174 000	2 043 000	2 084 000	1 986 000
Total Equity	776 000	763 000	726 000	582 000

Income (NOK)	2022	2021	2020	2019
Revenue	523 000	390 000	463 000	441 000
Expenditure	510 000	352 000	307 000	364 000
Operating Profit	14 000	39 000	156 000	77 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	12 000	19 000
Financial Balance	−1 000	−2 000	−12 000	−19 000
Earnings Before Tax	13 000	36 000	145 000	58 000
Tax	0	0	0	0
Net Income	13 000	36 000	145 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 700 000	1 740 000	1 780 000	1 820 000
Total Current Assets	474 000	303 000	304 000	166 000
Total Assets	2 174 000	2 043 000	2 084 000	1 986 000
Total Retained Equity	731 000	718 000	681 000	537 000
Total Equity	776 000	763 000	726 000	582 000
Total Long-Term Debt	1 380 000	1 280 000	1 356 000	1 389 000
Total Current Debt	18 000	0	1 000	15 000
Total Equity and Debt	2 174 000	2 043 000	2 084 000	1 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	523 000	390 000	463 000	441 000
Revenue	523 000	390 000	463 000	441 000
Cost of Goods Sold	100 000	100 000	100 000	100 000
Salary Costs	0	0	0	0
Depreciation	40 000	40 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	510 000	352 000	307 000	364 000
Operating Profit	14 000	39 000	156 000	77 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	12 000	19 000
Financial Balance	−1 000	−2 000	−12 000	−19 000
Dividends	0	0	0	0
Net Income	13 000	36 000	145 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 700 000	1 740 000	1 780 000	1 820 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 700 000	1 740 000	1 780 000	1 820 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 700 000	1 740 000	1 780 000	1 820 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	338 000	182 000	159 000	47 000
Total Current Assets	474 000	303 000	304 000	166 000
Total Assets	2 174 000	2 043 000	2 084 000	1 986 000
Total Equity	776 000	763 000	726 000	582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 380 000	1 280 000	1 356 000	1 389 000
Creditors	0	0	1 000	15 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	0	0	0
Total Current Debt	18 000	0	1 000	15 000
Total Equity and Debt	2 174 000	2 043 000	2 084 000	1 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,68 %	4,72 %	19,97 %	9,97 %
Debt-to-Equity Ratio	1,78	1,68	1,87	2,39
Operating Profit Margin	2,68 %	10 %	33,69 %	17,46 %
Current Ratio	26,33	-	304	11,07
Quick Ratio	26,33	-	304	11,07
Equity Ratio	0,36	0,37	0,35	0,29
Gross Profit Margin	80,88 %	74,36 %	78,4 %	77,32 %