TURUTUNET AS

3539 FLÅ

Finances

Share Ownership

Return on Equity

−2 985,8 %

Current Ratio

3,26

Debt-to-Equity Ratio

237,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 342 000	1 150 000	528 000	0
Net Income	−5 046 000	−3 351 000	−2 364 000	−88 000
Total Assets	42 646 000	37 935 000	18 407 000	11 606 000
Total Equity	169 000	120 000	124 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 342 000	1 150 000	528 000	0
Expenditure	5 257 000	4 122 000	2 901 000	17 000
Operating Profit	−3 915 000	−2 971 000	−2 373 000	−18 000
Financial Income	4 000	10 000	0	0
Financial Costs	2 559 000	1 335 000	657 000	96 000
Financial Balance	−2 555 000	−1 325 000	−657 000	−96 000
Earnings Before Tax	−6 469 000	−4 296 000	−3 030 000	−114 000
Tax	−1 423 000	−945 000	−666 000	−26 000
Net Income	−5 046 000	−3 351 000	−2 364 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 088 000	31 510 000	14 424 000	10 454 000
Total Current Assets	7 558 000	6 425 000	3 983 000	1 152 000
Total Assets	42 646 000	37 935 000	18 407 000	11 606 000
Total Retained Equity	0	0	0	−88 000
Total Equity	169 000	120 000	124 000	30 000
Total Long-Term Debt	40 159 000	34 724 000	17 429 000	10 772 000
Total Current Debt	2 318 000	3 091 000	854 000	804 000
Total Equity and Debt	42 646 000	37 935 000	18 407 000	11 606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 212 000	1 150 000	528 000	0
Other Income	130 000	0	0	0
Revenue	1 342 000	1 150 000	528 000	0
Cost of Goods Sold	565 000	526 000	264 000	6 000
Salary Costs	676 000	790 000	342 000	0
Depreciation	1 155 000	722 000	593 000	0
Impairment	0	0	0	0
Expenditure	5 257 000	4 122 000	2 901 000	17 000
Operating Profit	−3 915 000	−2 971 000	−2 373 000	−18 000
Financial Income	4 000	10 000	0	0
Financial Costs	2 559 000	1 335 000	657 000	96 000
Financial Balance	−2 555 000	−1 325 000	−657 000	−96 000
Dividends	0	0	0	0
Net Income	−5 046 000	−3 351 000	−2 364 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	34 103 000	30 782 000	13 850 000	10 392 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	985 000	728 000	574 000	62 000
Total Tangible Assets	35 088 000	31 510 000	14 424 000	10 454 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 088 000	31 510 000	14 424 000	10 454 000
Stock	0	92 000	46 000	2 000
Total Investments	0	0	0	0
Cash, Bank	211 000	334 000	364 000	30 000
Total Current Assets	7 558 000	6 425 000	3 983 000	1 152 000
Total Assets	42 646 000	37 935 000	18 407 000	11 606 000
Total Equity	169 000	120 000	124 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 159 000	34 724 000	17 429 000	10 772 000
Creditors	1 849 000	2 614 000	683 000	803 000
Unpaid Taxes	12 000	45 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	458 000	433 000	162 000	1 000
Total Current Debt	2 318 000	3 091 000	854 000	804 000
Total Equity and Debt	42 646 000	37 935 000	18 407 000	11 606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 985,8 %	−2 792,5 %	−1 906,45 %	−293,33 %
Debt-to-Equity Ratio	237,63	289,37	140,56	359,07
Operating Profit Margin	−291,73 %	−258,35 %	−449,43 %	-
Current Ratio	3,26	2,08	4,66	1,43
Quick Ratio	3,26	2,14	4,93	1,44
Equity Ratio	0	0	0,01	0
Gross Profit Margin	57,9 %	54,26 %	50 %	-