STAVANGER TURNFORENING

4022 STAVANGER

Finances

Share Ownership

Return on Equity

−10,38 %

Current Ratio

2,4

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020
Revenue	5 480 000	5 215 000	5 017 000
Net Income	−149 000	167 000	426 000
Total Assets	2 534 000	2 482 000	2 172 000
Total Equity	1 435 000	1 585 000	1 417 000

Income (NOK)	2022	2021	2020
Revenue	5 480 000	5 215 000	5 017 000
Expenditure	5 631 000	5 048 000	4 591 000
Operating Profit	−150 000	167 000	425 000
Financial Income	1 000	0	1 000
Financial Costs	0	0	0
Financial Balance	1 000	0	1 000
Earnings Before Tax	−149 000	167 000	426 000
Tax	0	0	0
Net Income	−149 000	167 000	426 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	89 000	89 000	89 000
Total Current Assets	2 444 000	2 393 000	2 084 000
Total Assets	2 534 000	2 482 000	2 172 000
Total Retained Equity	1 435 000	1 585 000	1 417 000
Total Equity	1 435 000	1 585 000	1 417 000
Total Long-Term Debt	80 000	80 000	80 000
Total Current Debt	1 018 000	817 000	675 000
Total Equity and Debt	2 534 000	2 482 000	2 172 000

Cash flow (NOK)	2022	2021	2020
Sales Income	534 000	287 000	273 000
Other Income	4 946 000	4 929 000	4 744 000
Revenue	5 480 000	5 215 000	5 017 000
Cost of Goods Sold	247 000	220 000	146 000
Salary Costs	4 307 000	3 900 000	3 303 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	5 631 000	5 048 000	4 591 000
Operating Profit	−150 000	167 000	425 000
Financial Income	1 000	0	1 000
Financial Costs	0	0	0
Financial Balance	1 000	0	1 000
Dividends	0	0	0
Net Income	−149 000	167 000	426 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	89 000	89 000	89 000
Total Fixed Assets	89 000	89 000	89 000
Stock	21 000	21 000	21 000
Total Investments	0	0	0
Cash, Bank	2 403 000	2 341 000	2 041 000
Total Current Assets	2 444 000	2 393 000	2 084 000
Total Assets	2 534 000	2 482 000	2 172 000
Total Equity	1 435 000	1 585 000	1 417 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	80 000	80 000	80 000
Creditors	0	0	8 000
Unpaid Taxes	279 000	357 000	256 000
Dividends	0	0	0
Other Current Debt	739 000	460 000	411 000
Total Current Debt	1 018 000	817 000	675 000
Total Equity and Debt	2 534 000	2 482 000	2 172 000

Financial indicators	2022	2021	2020
Return on Equity	−10,38 %	10,54 %	30,06 %
Debt-to-Equity Ratio	0,06	0,05	0,06
Operating Profit Margin	−2,74 %	3,2 %	8,47 %
Current Ratio	2,4	2,93	3,09
Quick Ratio	2,45	3,01	3,19
Equity Ratio	0,57	0,64	0,65
Gross Profit Margin	95,49 %	95,78 %	97,09 %