TUBINOR AS

0274 OSLO

Finances

Share Ownership

Return on Equity

16,12 %

Current Ratio

3,33

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	557 894 000	573 513 000	410 490 000	365 657 000
Net Income	19 047 000	37 077 000	15 435 000	4 435 000
Total Assets	186 228 000	206 878 000	141 659 000	115 788 000
Total Equity	118 162 000	106 715 000	77 867 000	62 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	557 894 000	573 513 000	410 490 000	365 657 000
Expenditure	532 911 000	524 342 000	393 486 000	357 303 000
Operating Profit	24 982 000	49 171 000	17 004 000	8 355 000
Financial Income	209 000	167 000	2 666 000	287 000
Financial Costs	1 373 000	2 501 000	0	2 530 000
Financial Balance	−1 164 000	−2 334 000	2 666 000	−2 243 000
Earnings Before Tax	23 818 000	46 837 000	19 670 000	6 112 000
Tax	4 771 000	9 759 000	4 234 000	1 677 000
Net Income	19 047 000	37 077 000	15 435 000	4 435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 982 000	10 995 000	10 611 000	9 727 000
Total Current Assets	168 245 000	195 883 000	131 048 000	106 062 000
Total Assets	186 228 000	206 878 000	141 659 000	115 788 000
Total Retained Equity	94 235 000	79 388 000	50 539 000	35 379 000
Total Equity	118 162 000	106 715 000	77 867 000	62 706 000
Total Long-Term Debt	17 499 000	15 106 000	12 806 000	11 451 000
Total Current Debt	50 566 000	85 057 000	50 986 000	41 632 000
Total Equity and Debt	186 228 000	206 878 000	141 659 000	115 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	549 283 000	563 647 000	403 382 000	358 722 000
Other Income	8 611 000	9 866 000	7 108 000	6 935 000
Revenue	557 894 000	573 513 000	410 490 000	365 657 000
Cost of Goods Sold	426 980 000	425 978 000	306 041 000	275 681 000
Salary Costs	50 548 000	53 601 000	44 809 000	42 377 000
Depreciation	1 729 000	1 087 000	1 388 000	1 547 000
Impairment	0	0	0	0
Expenditure	532 911 000	524 342 000	393 486 000	357 303 000
Operating Profit	24 982 000	49 171 000	17 004 000	8 355 000
Financial Income	209 000	167 000	2 666 000	287 000
Financial Costs	1 373 000	2 501 000	0	2 530 000
Financial Balance	−1 164 000	−2 334 000	2 666 000	−2 243 000
Dividends	5 000 000	4 000 000	4 000 000	2 000 000
Net Income	19 047 000	37 077 000	15 435 000	4 435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 755 000	8 503 000	8 309 000	7 807 000
Machinery and Plant Facilities	8 528 000	1 064 000	1 966 000	1 920 000
Fixtures	395 000	1 114 000	0	0
Total Tangible Assets	17 678 000	10 681 000	10 275 000	9 727 000
Total Fiancial Fixed Assets	304 000	314 000	336 000	0
Total Fixed Assets	17 982 000	10 995 000	10 611 000	9 727 000
Stock	94 935 000	114 408 000	61 626 000	55 612 000
Total Investments	914 000	950 000	1 015 000	966 000
Cash, Bank	17 552 000	3 275 000	3 465 000	1 677 000
Total Current Assets	168 245 000	195 883 000	131 048 000	106 062 000
Total Assets	186 228 000	206 878 000	141 659 000	115 788 000
Total Equity	118 162 000	106 715 000	77 867 000	62 706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 499 000	15 106 000	12 806 000	11 451 000
Creditors	21 372 000	30 396 000	18 354 000	12 818 000
Unpaid Taxes	0	0	0	0
Dividends	5 000 000	4 000 000	4 000 000	2 000 000
Other Current Debt	20 427 000	25 152 000	18 672 000	14 618 000
Total Current Debt	50 566 000	85 057 000	50 986 000	41 632 000
Total Equity and Debt	186 228 000	206 878 000	141 659 000	115 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,12 %	34,74 %	19,82 %	7,07 %
Debt-to-Equity Ratio	0,15	0,14	0,16	0,18
Operating Profit Margin	4,48 %	8,57 %	4,14 %	2,28 %
Current Ratio	3,33	2,3	2,57	2,55
Quick Ratio	−3,79	−6,67	−12,32	−7,59
Equity Ratio	0,63	0,52	0,55	0,54
Gross Profit Margin	23,47 %	25,72 %	25,44 %	24,61 %