TURNER AS

8006 BODØ

Finances

Return on Equity

16,55 %

Current Ratio

5,41

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	338 000	365 000	26 000	0
Net Income	3 056 000	648 000	2 705 000	1 444 000
Total Assets	25 000 000	22 434 000	19 655 000	15 141 000
Total Equity	18 460 000	15 147 000	17 499 000	14 794 000

Income (NOK)	2022	2021	2020	2019
Revenue	338 000	365 000	26 000	0
Expenditure	704 000	241 000	234 000	412 000
Operating Profit	−365 000	124 000	−207 000	−411 000
Financial Income	4 180 000	591 000	2 929 000	1 883 000
Financial Costs	766 000	38 000	0	27 000
Financial Balance	3 414 000	553 000	2 929 000	1 856 000
Earnings Before Tax	3 048 000	677 000	2 722 000	1 444 000
Tax	−8 000	28 000	17 000	0
Net Income	3 056 000	648 000	2 705 000	1 444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 683 000	13 707 000	8 836 000	5 396 000
Total Current Assets	13 318 000	8 727 000	10 819 000	9 745 000
Total Assets	25 000 000	22 434 000	19 655 000	15 141 000
Total Retained Equity	17 758 000	14 445 000	16 797 000	14 092 000
Total Equity	18 460 000	15 147 000	17 499 000	14 794 000
Total Long-Term Debt	4 076 000	4 138 000	17 000	0
Total Current Debt	2 464 000	3 149 000	2 139 000	347 000
Total Equity and Debt	25 000 000	22 434 000	19 655 000	15 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	338 000	365 000	26 000	0
Revenue	338 000	365 000	26 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	7 000	13 000	8 000	10 000
Depreciation	11 000	0	60 000	60 000
Impairment	0	0	0	0
Expenditure	704 000	241 000	234 000	412 000
Operating Profit	−365 000	124 000	−207 000	−411 000
Financial Income	4 180 000	591 000	2 929 000	1 883 000
Financial Costs	766 000	38 000	0	27 000
Financial Balance	3 414 000	553 000	2 929 000	1 856 000
Dividends	0	3 000 000	0	0
Net Income	3 056 000	648 000	2 705 000	1 444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 898 000	11 696 000	5 985 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	15 000	485 000	545 000
Total Tangible Assets	8 951 000	11 711 000	6 470 000	545 000
Total Fiancial Fixed Assets	2 731 000	1 996 000	2 366 000	4 851 000
Total Fixed Assets	11 683 000	13 707 000	8 836 000	5 396 000
Stock	0	0	0	0
Total Investments	8 420 000	3 355 000	5 217 000	4 066 000
Cash, Bank	2 425 000	2 105 000	1 253 000	3 499 000
Total Current Assets	13 318 000	8 727 000	10 819 000	9 745 000
Total Assets	25 000 000	22 434 000	19 655 000	15 141 000
Total Equity	18 460 000	15 147 000	17 499 000	14 794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 076 000	4 138 000	17 000	0
Creditors	10 000	5 000	2 000	123 000
Unpaid Taxes	0	1 000	2 000	0
Dividends	0	3 000 000	0	0
Other Current Debt	2 453 000	136 000	2 135 000	224 000
Total Current Debt	2 464 000	3 149 000	2 139 000	347 000
Total Equity and Debt	25 000 000	22 434 000	19 655 000	15 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,55 %	4,28 %	15,46 %	9,76 %
Debt-to-Equity Ratio	0,22	0,27	0	0
Operating Profit Margin	−107,99 %	33,97 %	−796,15 %	-
Current Ratio	5,41	2,77	5,06	28,08
Quick Ratio	5,41	2,77	5,06	28,08
Equity Ratio	0,74	0,68	0,89	0,98
Gross Profit Margin	100 %	100 %	100 %	-