TURBO INVEST AS

3260 LARVIK

Finances

Return on Equity

3,42 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 257 000	1 152 000	641 000	566 000
Net Income	239 000	1 085 000	1 114 000	936 000
Total Assets	7 600 000	10 022 000	10 739 000	10 311 000
Total Equity	6 993 000	6 754 000	6 669 000	7 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 257 000	1 152 000	641 000	566 000
Expenditure	2 452 000	2 343 000	1 681 000	1 271 000
Operating Profit	−1 195 000	−1 191 000	−1 039 000	−705 000
Financial Income	1 487 000	2 340 000	2 239 000	1 676 000
Financial Costs	53 000	64 000	86 000	34 000
Financial Balance	1 434 000	2 276 000	2 153 000	1 642 000
Earnings Before Tax	239 000	1 085 000	1 114 000	936 000
Tax	0	0	0	0
Net Income	239 000	1 085 000	1 114 000	936 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 135 000	7 991 000	8 197 000	7 863 000
Total Current Assets	465 000	2 030 000	2 541 000	2 448 000
Total Assets	7 600 000	10 022 000	10 739 000	10 311 000
Total Retained Equity	6 746 000	6 507 000	6 422 000	7 258 000
Total Equity	6 993 000	6 754 000	6 669 000	7 505 000
Total Long-Term Debt	170 000	1 566 000	2 234 000	1 823 000
Total Current Debt	437 000	1 702 000	1 836 000	983 000
Total Equity and Debt	7 600 000	10 022 000	10 739 000	10 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 257 000	1 152 000	641 000	354 000
Other Income	0	0	0	212 000
Revenue	1 257 000	1 152 000	641 000	566 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 033 000	1 970 000	1 339 000	939 000
Depreciation	206 000	206 000	206 000	198 000
Impairment	0	0	0	0
Expenditure	2 452 000	2 343 000	1 681 000	1 271 000
Operating Profit	−1 195 000	−1 191 000	−1 039 000	−705 000
Financial Income	1 487 000	2 340 000	2 239 000	1 676 000
Financial Costs	53 000	64 000	86 000	34 000
Financial Balance	1 434 000	2 276 000	2 153 000	1 642 000
Dividends	0	1 000 000	1 950 000	600 000
Net Income	239 000	1 085 000	1 114 000	936 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	230 000	230 000	230 000	230 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	275 000	481 000	687 000	893 000
Total Tangible Assets	275 000	481 000	687 000	893 000
Total Fiancial Fixed Assets	6 631 000	7 281 000	7 281 000	6 741 000
Total Fixed Assets	7 135 000	7 991 000	8 197 000	7 863 000
Stock	0	0	0	0
Total Investments	148 000	165 000	157 000	690 000
Cash, Bank	223 000	488 000	976 000	99 000
Total Current Assets	465 000	2 030 000	2 541 000	2 448 000
Total Assets	7 600 000	10 022 000	10 739 000	10 311 000
Total Equity	6 993 000	6 754 000	6 669 000	7 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	170 000	1 566 000	2 234 000	1 823 000
Creditors	36 000	2 000	20 000	1 000
Unpaid Taxes	203 000	253 000	161 000	132 000
Dividends	0	1 000 000	1 950 000	600 000
Other Current Debt	199 000	447 000	155 000	251 000
Total Current Debt	437 000	1 702 000	1 836 000	983 000
Total Equity and Debt	7 600 000	10 022 000	10 739 000	10 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,42 %	16,06 %	16,7 %	12,47 %
Debt-to-Equity Ratio	0,02	0,23	0,33	0,24
Operating Profit Margin	−95,07 %	−103,39 %	−162,09 %	−124,56 %
Current Ratio	1,06	1,19	1,38	2,49
Quick Ratio	1,06	1,19	1,38	2,49
Equity Ratio	0,92	0,67	0,62	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %