TURBO1 AS

3615 KONGSBERG

Finances

Share Ownership

Return on Equity

9,54 %

Current Ratio

0,53

Debt-to-Equity Ratio

−1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 313 000	5 938 000	4 775 000	4 428 000
Net Income	−189 000	799 000	178 000	−209 000
Total Assets	1 954 000	1 898 000	1 995 000	2 583 000
Total Equity	−1 982 000	−2 743 000	−3 542 000	−3 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 313 000	5 938 000	4 775 000	4 428 000
Expenditure	5 275 000	4 952 000	4 282 000	4 211 000
Operating Profit	38 000	986 000	460 000	215 000
Financial Income	11 000	11 000	9 000	18 000
Financial Costs	237 000	198 000	292 000	443 000
Financial Balance	−226 000	−187 000	−283 000	−425 000
Earnings Before Tax	−189 000	799 000	178 000	−209 000
Tax	0	0	0	0
Net Income	−189 000	799 000	178 000	−209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 238 000	1 439 000	1 611 000	1 813 000
Total Current Assets	716 000	459 000	384 000	769 000
Total Assets	1 954 000	1 898 000	1 995 000	2 583 000
Total Retained Equity	−3 582 000	−4 343 000	−5 142 000	−5 320 000
Total Equity	−1 982 000	−2 743 000	−3 542 000	−3 720 000
Total Long-Term Debt	2 578 000	3 735 000	4 143 000	4 347 000
Total Current Debt	1 359 000	906 000	1 394 000	1 956 000
Total Equity and Debt	1 954 000	1 898 000	1 995 000	2 583 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 313 000	5 462 000	4 775 000	4 428 000
Other Income	0	476 000	0	0
Revenue	5 313 000	5 938 000	4 775 000	4 428 000
Cost of Goods Sold	3 008 000	2 919 000	2 506 000	1 850 000
Salary Costs	1 520 000	1 310 000	950 000	967 000
Depreciation	200 000	204 000	198 000	199 000
Impairment	0	0	0	0
Expenditure	5 275 000	4 952 000	4 282 000	4 211 000
Operating Profit	38 000	986 000	460 000	215 000
Financial Income	11 000	11 000	9 000	18 000
Financial Costs	237 000	198 000	292 000	443 000
Financial Balance	−226 000	−187 000	−283 000	−425 000
Dividends	0	0	0	0
Net Income	−189 000	799 000	178 000	−209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 098 000	1 235 000	1 372 000	1 509 000
Machinery and Plant Facilities	121 000	176 000	234 000	190 000
Fixtures	19 000	27 000	5 000	109 000
Total Tangible Assets	1 238 000	1 439 000	1 611 000	1 809 000
Total Fiancial Fixed Assets	0	0	0	4 000
Total Fixed Assets	1 238 000	1 439 000	1 611 000	1 813 000
Stock	505 000	349 000	281 000	313 000
Total Investments	0	0	0	0
Cash, Bank	38 000	40 000	28 000	32 000
Total Current Assets	716 000	459 000	384 000	769 000
Total Assets	1 954 000	1 898 000	1 995 000	2 583 000
Total Equity	−1 982 000	−2 743 000	−3 542 000	−3 720 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 578 000	3 735 000	4 143 000	4 347 000
Creditors	343 000	170 000	262 000	929 000
Unpaid Taxes	218 000	183 000	190 000	129 000
Dividends	0	0	0	0
Other Current Debt	314 000	483 000	494 000	468 000
Total Current Debt	1 359 000	906 000	1 394 000	1 956 000
Total Equity and Debt	1 954 000	1 898 000	1 995 000	2 583 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,54 %	−29,13 %	−5,03 %	5,62 %
Debt-to-Equity Ratio	−1,3	−1,36	−1,17	−1,17
Operating Profit Margin	0,72 %	16,6 %	9,63 %	4,86 %
Current Ratio	0,53	0,51	0,28	0,39
Quick Ratio	0,84	0,82	0,35	0,47
Equity Ratio	−1,01	−1,45	−1,78	−1,44
Gross Profit Margin	43,38 %	50,84 %	47,52 %	58,22 %