TURMAX AS

0186 OSLO

Finances

Share Ownership

Return on Equity

−2,67 %

Current Ratio

2,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	2 000
Net Income	−6 000	0	−1 000	−2 000
Total Assets	338 000	336 000	335 000	335 000
Total Equity	225 000	232 000	232 000	232 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	2 000
Expenditure	8 000	1 000	1 000	3 000
Operating Profit	−8 000	−1 000	−1 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−8 000	−1 000	−1 000	−1 000
Tax	−2 000	−1 000	0	1 000
Net Income	−6 000	0	−1 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	1 000	0	0
Total Current Assets	335 000	335 000	335 000	335 000
Total Assets	338 000	336 000	335 000	335 000
Total Retained Equity	125 000	132 000	132 000	132 000
Total Equity	225 000	232 000	232 000	232 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	112 000	104 000	104 000	103 000
Total Equity and Debt	338 000	336 000	335 000	335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	2 000
Other Income	0	0	0	0
Revenue	0	0	0	2 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 000	1 000	1 000	3 000
Operating Profit	−8 000	−1 000	−1 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−6 000	0	−1 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	1 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	335 000	335 000	335 000	335 000
Total Assets	338 000	336 000	335 000	335 000
Total Equity	225 000	232 000	232 000	232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	142 000	135 000	135 000	135 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	−30 000	−31 000	−31 000	−32 000
Total Current Debt	112 000	104 000	104 000	103 000
Total Equity and Debt	338 000	336 000	335 000	335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,67 %	0 %	−0,43 %	−0,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−50 %
Current Ratio	2,99	3,22	3,22	3,25
Quick Ratio	2,99	3,22	3,22	3,25
Equity Ratio	0,67	0,69	0,69	0,69
Gross Profit Margin	-	-	-	100 %