TURANN AS

6533 AVERØY

Finances

Share Ownership

Return on Equity

13,01 %

Current Ratio

Debt-to-Equity Ratio

27,48

Key figures (NOK)	2022	2021	2020
Revenue	425 000	275 000	0
Net Income	16 000	15 000	−6 000
Total Assets	3 520 000	2 998 000	3 089 000
Total Equity	123 000	108 000	94 000

Income (NOK)	2022	2021	2020
Revenue	425 000	275 000	0
Expenditure	291 000	175 000	6 000
Operating Profit	133 000	99 000	−6 000
Financial Income	0	0	0
Financial Costs	113 000	85 000	0
Financial Balance	−113 000	−85 000	0
Earnings Before Tax	21 000	15 000	−6 000
Tax	5 000	0	0
Net Income	16 000	15 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 487 000	2 875 000	2 738 000
Total Current Assets	34 000	124 000	351 000
Total Assets	3 520 000	2 998 000	3 089 000
Total Retained Equity	23 000	8 000	−6 000
Total Equity	123 000	108 000	94 000
Total Long-Term Debt	3 380 000	2 890 000	2 995 000
Total Current Debt	17 000	0	0
Total Equity and Debt	3 520 000	2 998 000	3 089 000

Cash flow (NOK)	2022	2021	2020
Sales Income	123 000	275 000	0
Other Income	302 000	0	0
Revenue	425 000	275 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	291 000	175 000	6 000
Operating Profit	133 000	99 000	−6 000
Financial Income	0	0	0
Financial Costs	113 000	85 000	0
Financial Balance	−113 000	−85 000	0
Dividends	0	0	0
Net Income	16 000	15 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 487 000	2 875 000	2 738 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 487 000	2 875 000	2 738 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 487 000	2 875 000	2 738 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	34 000	128 000	351 000
Total Current Assets	34 000	124 000	351 000
Total Assets	3 520 000	2 998 000	3 089 000
Total Equity	123 000	108 000	94 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 380 000	2 890 000	2 995 000
Creditors	13 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	17 000	0	0
Total Equity and Debt	3 520 000	2 998 000	3 089 000

Financial indicators	2022	2021	2020
Return on Equity	13,01 %	13,89 %	−6,38 %
Debt-to-Equity Ratio	27,48	26,76	31,86
Operating Profit Margin	31,29 %	36 %	-
Current Ratio	2	-	-
Quick Ratio	2	-	-
Equity Ratio	0,03	0,04	0,03
Gross Profit Margin	100 %	100 %	-