OSLO TURNFORENING

0579 OSLO

Finances

Return on Equity

−3,2 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 262 000	25 864 000	28 821 000	33 926 000
Net Income	−3 069 000	−1 482 000	−77 000	−1 808 000
Total Assets	108 311 000	109 959 000	109 487 000	107 372 000
Total Equity	96 045 000	99 114 000	100 596 000	100 673 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 262 000	25 864 000	28 821 000	33 926 000
Expenditure	45 883 000	37 046 000	36 350 000	43 354 000
Operating Profit	−12 621 000	−11 182 000	−7 529 000	−9 427 000
Financial Income	9 553 000	9 730 000	7 454 000	7 663 000
Financial Costs	1 000	31 000	2 000	44 000
Financial Balance	9 552 000	9 699 000	7 452 000	7 619 000
Earnings Before Tax	−3 069 000	−1 482 000	−77 000	−1 808 000
Tax	0	0	0	0
Net Income	−3 069 000	−1 482 000	−77 000	−1 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 143 000	93 088 000	98 079 000	98 602 000
Total Current Assets	20 168 000	16 871 000	11 408 000	8 770 000
Total Assets	108 311 000	109 959 000	109 487 000	107 372 000
Total Retained Equity	96 045 000	99 114 000	100 596 000	100 673 000
Total Equity	96 045 000	99 114 000	100 596 000	100 673 000
Total Long-Term Debt	294 000	295 000	295 000	295 000
Total Current Debt	11 972 000	10 550 000	8 597 000	6 405 000
Total Equity and Debt	108 311 000	109 959 000	109 487 000	107 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 342 000	19 127 000	21 938 000	28 301 000
Other Income	5 920 000	6 738 000	6 883 000	5 625 000
Revenue	33 262 000	25 864 000	28 821 000	33 926 000
Cost of Goods Sold	1 271 000	544 000	417 000	1 335 000
Salary Costs	24 007 000	20 854 000	18 934 000	22 000 000
Depreciation	608 000	924 000	1 115 000	1 239 000
Impairment	0	0	0	0
Expenditure	45 883 000	37 046 000	36 350 000	43 354 000
Operating Profit	−12 621 000	−11 182 000	−7 529 000	−9 427 000
Financial Income	9 553 000	9 730 000	7 454 000	7 663 000
Financial Costs	1 000	31 000	2 000	44 000
Financial Balance	9 552 000	9 699 000	7 452 000	7 619 000
Dividends	0	0	0	0
Net Income	−3 069 000	−1 482 000	−77 000	−1 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	271 000	0	0	0
Real Eastate	179 000	179 000	179 000	179 000
Machinery and Plant Facilities	58 000	101 000	189 000	194 000
Fixtures	1 331 000	1 178 000	1 560 000	2 093 000
Total Tangible Assets	1 568 000	1 458 000	1 928 000	2 466 000
Total Fiancial Fixed Assets	86 304 000	91 630 000	96 151 000	96 137 000
Total Fixed Assets	88 143 000	93 088 000	98 079 000	98 602 000
Stock	13 000	106 000	123 000	134 000
Total Investments	0	0	0	0
Cash, Bank	19 228 000	15 917 000	10 519 000	1 282 000
Total Current Assets	20 168 000	16 871 000	11 408 000	8 770 000
Total Assets	108 311 000	109 959 000	109 487 000	107 372 000
Total Equity	96 045 000	99 114 000	100 596 000	100 673 000
Short-Term Group Debt	0	300 000	453 000	100 000
Total Long-Term Debt	294 000	295 000	295 000	295 000
Creditors	658 000	360 000	190 000	555 000
Unpaid Taxes	1 829 000	1 768 000	1 712 000	1 581 000
Dividends	0	0	0	0
Other Current Debt	9 484 000	8 122 000	6 242 000	4 168 000
Total Current Debt	11 972 000	10 550 000	8 597 000	6 405 000
Total Equity and Debt	108 311 000	109 959 000	109 487 000	107 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,2 %	−1,5 %	−0,08 %	−1,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−37,94 %	−43,23 %	−26,12 %	−27,79 %
Current Ratio	1,68	1,6	1,33	1,37
Quick Ratio	1,69	1,62	1,35	1,4
Equity Ratio	0,89	0,9	0,92	0,94
Gross Profit Margin	96,18 %	97,9 %	98,55 %	96,06 %