SPORTS TURF MANAGEMENT AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

13,33 %

Current Ratio

0,94

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 360 000	2 216 000	115 000	0
Net Income	36 000	194 000	40 000	−19 000
Total Assets	1 077 000	684 000	88 000	2 000
Total Equity	270 000	233 000	40 000	−1 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 360 000	2 216 000	115 000	0
Expenditure	3 305 000	1 959 000	74 000	19 000
Operating Profit	55 000	257 000	41 000	−19 000
Financial Income	4 000	0	0	0
Financial Costs	12 000	9 000	0	0
Financial Balance	−8 000	−9 000	0	0
Earnings Before Tax	47 000	248 000	41 000	−19 000
Tax	10 000	55 000	1 000	0
Net Income	36 000	194 000	40 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	213 000	0	0
Total Current Assets	492 000	471 000	88 000	2 000
Total Assets	1 077 000	684 000	88 000	2 000
Total Retained Equity	240 000	203 000	10 000	−31 000
Total Equity	270 000	233 000	40 000	−1 000
Total Long-Term Debt	282 000	16 000	0	0
Total Current Debt	525 000	434 000	48 000	3 000
Total Equity and Debt	1 077 000	684 000	88 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 360 000	2 134 000	115 000	0
Other Income	0	82 000	0	0
Revenue	3 360 000	2 216 000	115 000	0
Cost of Goods Sold	1 592 000	1 611 000	49 000	0
Salary Costs	1 052 000	0	0	0
Depreciation	87 000	13 000	0	0
Impairment	0	0	0	0
Expenditure	3 305 000	1 959 000	74 000	19 000
Operating Profit	55 000	257 000	41 000	−19 000
Financial Income	4 000	0	0	0
Financial Costs	12 000	9 000	0	0
Financial Balance	−8 000	−9 000	0	0
Dividends	0	0	0	0
Net Income	36 000	194 000	40 000	−19 000

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	585 000	95 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	585 000	95 000	0	0
Total Fiancial Fixed Assets	0	118 000	0	0
Total Fixed Assets	585 000	213 000	0	0
Stock	35 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	71 000	193 000	42 000	2 000
Total Current Assets	492 000	471 000	88 000	2 000
Total Assets	1 077 000	684 000	88 000	2 000
Total Equity	270 000	233 000	40 000	−1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	282 000	16 000	0	0
Creditors	89 000	74 000	46 000	1 000
Unpaid Taxes	147 000	115 000	0	0
Dividends	0	0	0	0
Other Current Debt	285 000	207 000	2 000	2 000
Total Current Debt	525 000	434 000	48 000	3 000
Total Equity and Debt	1 077 000	684 000	88 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,33 %	83,26 %	100 %	1 900 %
Debt-to-Equity Ratio	1,04	0,07	0	−0
Operating Profit Margin	1,64 %	11,6 %	35,65 %	-
Current Ratio	0,94	1,09	1,83	0,67
Quick Ratio	1	1,09	1,83	0,67
Equity Ratio	0,25	0,34	0,45	−0,5
Gross Profit Margin	52,62 %	27,3 %	57,39 %	-