TURFORMIDLINGEN AS

5363 ÅGOTNES

Finances

Share Ownership

Return on Equity

960 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 546 000	1 310 000	1 380 000	1 339 000
Net Income	288 000	392 000	920 000	896 000
Total Assets	458 000	357 000	144 000	267 000
Total Equity	30 000	30 000	−226 000	−73 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 546 000	1 310 000	1 380 000	1 339 000
Expenditure	1 175 000	805 000	194 000	176 000
Operating Profit	371 000	504 000	1 185 000	1 167 000
Financial Income	0	0	−4 000	0
Financial Costs	1 000	1 000	1 000	4 000
Financial Balance	−1 000	−1 000	−5 000	−4 000
Earnings Before Tax	370 000	503 000	1 180 000	1 163 000
Tax	81 000	111 000	260 000	268 000
Net Income	288 000	392 000	920 000	896 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	458 000	357 000	144 000	267 000
Total Assets	458 000	357 000	144 000	267 000
Total Retained Equity	0	0	−256 000	−103 000
Total Equity	30 000	30 000	−226 000	−73 000
Total Long-Term Debt	1 000	1 000	1 000	1 000
Total Current Debt	427 000	326 000	369 000	339 000
Total Equity and Debt	458 000	357 000	144 000	267 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 546 000	1 310 000	1 380 000	1 339 000
Other Income	0	0	0	0
Revenue	1 546 000	1 310 000	1 380 000	1 339 000
Cost of Goods Sold	2 000	1 000	13 000	23 000
Salary Costs	1 111 000	741 000	106 000	70 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 175 000	805 000	194 000	176 000
Operating Profit	371 000	504 000	1 185 000	1 167 000
Financial Income	0	0	−4 000	0
Financial Costs	1 000	1 000	1 000	4 000
Financial Balance	−1 000	−1 000	−5 000	−4 000
Dividends	288 000	137 000	1 073 000	806 000
Net Income	288 000	392 000	920 000	896 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	31 000	44 000	119 000	98 000
Total Current Assets	458 000	357 000	144 000	267 000
Total Assets	458 000	357 000	144 000	267 000
Total Equity	30 000	30 000	−226 000	−73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	1 000	1 000
Creditors	10 000	0	3 000	16 000
Unpaid Taxes	152 000	135 000	89 000	67 000
Dividends	288 000	137 000	1 073 000	806 000
Other Current Debt	184 000	79 000	16 000	−11 000
Total Current Debt	427 000	326 000	369 000	339 000
Total Equity and Debt	458 000	357 000	144 000	267 000

Financial indicators	2021	2020	2019	2018
Return on Equity	960 %	1 306,67 %	−407,08 %	−1 227,4 %
Debt-to-Equity Ratio	0,03	0,03	−0	−0,01
Operating Profit Margin	24 %	38,47 %	85,87 %	87,15 %
Current Ratio	1,07	1,1	0,39	0,79
Quick Ratio	1,07	1,1	0,39	0,8
Equity Ratio	0,07	0,08	−1,57	−0,27
Gross Profit Margin	99,87 %	99,92 %	99,06 %	98,28 %