TURKISVEGEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

8,54 %

Current Ratio

2,42

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 331 000	1 284 000	1 264 000	1 116 000
Net Income	309 000	510 000	−533 000	382 000
Total Assets	8 534 000	8 477 000	8 192 000	8 957 000
Total Equity	3 620 000	3 311 000	2 801 000	3 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 331 000	1 284 000	1 264 000	1 116 000
Expenditure	997 000	752 000	1 753 000	684 000
Operating Profit	334 000	533 000	−489 000	431 000
Financial Income	5 000	1 000	3 000	5 000
Financial Costs	30 000	24 000	47 000	54 000
Financial Balance	−25 000	−23 000	−44 000	−49 000
Earnings Before Tax	309 000	510 000	−533 000	382 000
Tax	0	0	0	0
Net Income	309 000	510 000	−533 000	382 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 561 000	7 453 000	7 359 000	8 252 000
Total Current Assets	973 000	1 023 000	833 000	704 000
Total Assets	8 534 000	8 477 000	8 192 000	8 957 000
Total Retained Equity	3 618 000	3 308 000	2 799 000	3 332 000
Total Equity	3 620 000	3 311 000	2 801 000	3 335 000
Total Long-Term Debt	4 512 000	4 878 000	5 122 000	5 355 000
Total Current Debt	402 000	288 000	269 000	267 000
Total Equity and Debt	8 534 000	8 477 000	8 192 000	8 957 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 331 000	1 284 000	1 264 000	1 116 000
Revenue	1 331 000	1 284 000	1 264 000	1 116 000
Cost of Goods Sold	0	0	0	0
Salary Costs	51 000	46 000	55 000	56 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	997 000	752 000	1 753 000	684 000
Operating Profit	334 000	533 000	−489 000	431 000
Financial Income	5 000	1 000	3 000	5 000
Financial Costs	30 000	24 000	47 000	54 000
Financial Balance	−25 000	−23 000	−44 000	−49 000
Dividends	0	0	0	0
Net Income	309 000	510 000	−533 000	382 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 126 000	7 126 000	7 127 000	7 129 000
Machinery and Plant Facilities	4 000	8 000	13 000	17 000
Fixtures	0	0	0	0
Total Tangible Assets	7 130 000	7 134 000	7 139 000	7 146 000
Total Fiancial Fixed Assets	430 000	319 000	220 000	1 107 000
Total Fixed Assets	7 561 000	7 453 000	7 359 000	8 252 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	817 000	878 000	696 000	557 000
Total Current Assets	973 000	1 023 000	833 000	704 000
Total Assets	8 534 000	8 477 000	8 192 000	8 957 000
Total Equity	3 620 000	3 311 000	2 801 000	3 335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 512 000	4 878 000	5 122 000	5 355 000
Creditors	264 000	163 000	150 000	147 000
Unpaid Taxes	2 000	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	137 000	125 000	119 000	120 000
Total Current Debt	402 000	288 000	269 000	267 000
Total Equity and Debt	8 534 000	8 477 000	8 192 000	8 957 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,54 %	15,4 %	−19,03 %	11,45 %
Debt-to-Equity Ratio	1,25	1,47	1,83	1,61
Operating Profit Margin	25,09 %	41,51 %	−38,69 %	38,62 %
Current Ratio	2,42	3,55	3,1	2,64
Quick Ratio	2,42	3,55	3,1	2,64
Equity Ratio	0,42	0,39	0,34	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %