TURØY MARITIME AS

5337 RONG

Finances

Share Ownership

Return on Equity

39,02 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 339 000	15 490 000	9 321 000	1 039 000
Net Income	480 000	697 000	846 000	32 000
Total Assets	4 453 000	2 446 000	2 400 000	314 000
Total Equity	1 230 000	750 000	922 000	76 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 339 000	15 490 000	9 321 000	1 039 000
Expenditure	17 142 000	14 765 000	8 729 000	1 000 000
Operating Profit	602 000	912 000	1 086 000	39 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	1 000	1 000	0
Financial Balance	−3 000	−1 000	−1 000	0
Earnings Before Tax	598 000	911 000	1 085 000	39 000
Tax	119 000	214 000	239 000	7 000
Net Income	480 000	697 000	846 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	255 000	0	0	0
Total Current Assets	4 199 000	2 446 000	2 400 000	314 000
Total Assets	4 453 000	2 446 000	2 400 000	314 000
Total Retained Equity	1 185 000	705 000	878 000	32 000
Total Equity	1 230 000	750 000	922 000	76 000
Total Long-Term Debt	5 000	0	0	0
Total Current Debt	3 219 000	1 697 000	1 477 000	238 000
Total Equity and Debt	4 453 000	2 446 000	2 400 000	314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 339 000	15 490 000	9 321 000	1 039 000
Other Income	0	0	0	0
Revenue	18 339 000	15 490 000	9 321 000	1 039 000
Cost of Goods Sold	14 250 000	12 489 000	7 838 000	0
Salary Costs	1 668 000	1 360 000	381 000	854 000
Depreciation	16 000	0	0	0
Impairment	0	0	0	0
Expenditure	17 142 000	14 765 000	8 729 000	1 000 000
Operating Profit	602 000	912 000	1 086 000	39 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	1 000	1 000	0
Financial Balance	−3 000	−1 000	−1 000	0
Dividends	0	870 000	0	0
Net Income	480 000	697 000	846 000	32 000

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	0	0	0	0
Total Tangible Assets	255 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	255 000	0	0	0
Stock	85 000	680 000	494 000	0
Total Investments	0	0	0	0
Cash, Bank	3 260 000	1 014 000	792 000	183 000
Total Current Assets	4 199 000	2 446 000	2 400 000	314 000
Total Assets	4 453 000	2 446 000	2 400 000	314 000
Total Equity	1 230 000	750 000	922 000	76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	0	0	0
Creditors	2 558 000	881 000	1 126 000	1 000
Unpaid Taxes	373 000	276 000	80 000	151 000
Dividends	0	870 000	0	0
Other Current Debt	174 000	327 000	33 000	79 000
Total Current Debt	3 219 000	1 697 000	1 477 000	238 000
Total Equity and Debt	4 453 000	2 446 000	2 400 000	314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,02 %	92,93 %	91,76 %	42,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,28 %	5,89 %	11,65 %	3,75 %
Current Ratio	1,3	1,44	1,62	1,32
Quick Ratio	1,34	2,41	2,44	1,32
Equity Ratio	0,28	0,31	0,38	0,24
Gross Profit Margin	22,3 %	19,37 %	15,91 %	100 %