TURBOFIBER AS

6155 ØRSTA

Finances

Share Ownership

Return on Equity

35,1 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 558 000	1 324 000	1 480 000	1 153 000
Net Income	159 000	157 000	362 000	94 000
Total Assets	900 000	822 000	830 000	329 000
Total Equity	453 000	414 000	377 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 558 000	1 324 000	1 480 000	1 153 000
Expenditure	1 356 000	1 124 000	1 016 000	1 031 000
Operating Profit	202 000	200 000	465 000	122 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	202 000	200 000	465 000	122 000
Tax	43 000	43 000	102 000	28 000
Net Income	159 000	157 000	362 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	26 000	37 000	0
Total Current Assets	885 000	796 000	794 000	329 000
Total Assets	900 000	822 000	830 000	329 000
Total Retained Equity	423 000	384 000	347 000	105 000
Total Equity	453 000	414 000	377 000	135 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	447 000	408 000	453 000	194 000
Total Equity and Debt	900 000	822 000	830 000	329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 558 000	1 324 000	1 480 000	1 153 000
Other Income	0	0	0	0
Revenue	1 558 000	1 324 000	1 480 000	1 153 000
Cost of Goods Sold	0	16 000	0	7 000
Salary Costs	1 035 000	923 000	877 000	743 000
Depreciation	11 000	11 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 356 000	1 124 000	1 016 000	1 031 000
Operating Profit	202 000	200 000	465 000	122 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	120 000	120 000	120 000	0
Net Income	159 000	157 000	362 000	94 000

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	15 000	26 000	37 000	0
Total Tangible Assets	15 000	26 000	37 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	26 000	37 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	479 000	415 000	442 000	59 000
Total Current Assets	885 000	796 000	794 000	329 000
Total Assets	900 000	822 000	830 000	329 000
Total Equity	453 000	414 000	377 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	22 000	5 000	5 000
Unpaid Taxes	140 000	130 000	111 000	81 000
Dividends	120 000	120 000	120 000	0
Other Current Debt	100 000	92 000	115 000	81 000
Total Current Debt	447 000	408 000	453 000	194 000
Total Equity and Debt	900 000	822 000	830 000	329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,1 %	37,92 %	96,02 %	69,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,97 %	15,11 %	31,42 %	10,58 %
Current Ratio	1,98	1,95	1,75	1,7
Quick Ratio	1,98	1,95	1,75	1,7
Equity Ratio	0,5	0,5	0,45	0,41
Gross Profit Margin	100 %	98,79 %	100 %	99,39 %