TURBINE AGENCY

3148 HVASSER

Finances

Share Ownership

Return on Equity

−27,16 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 000	125 000	150 000	135 000
Net Income	66 000	16 000	41 000	3 000
Total Assets	115 000	110 000	138 000	121 000
Total Equity	−243 000	−309 000	−324 000	−365 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 000	125 000	150 000	135 000
Expenditure	80 000	105 000	98 000	98 000
Operating Profit	84 000	20 000	53 000	38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	33 000
Financial Balance	0	0	0	−33 000
Earnings Before Tax	84 000	20 000	53 000	4 000
Tax	19 000	4 000	12 000	2 000
Net Income	66 000	16 000	41 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	81 000	86 000	97 000
Total Current Assets	52 000	28 000	53 000	23 000
Total Assets	115 000	110 000	138 000	121 000
Total Retained Equity	−243 000	−309 000	−324 000	−365 000
Total Equity	−243 000	−309 000	−324 000	−365 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	358 000	418 000	463 000	486 000
Total Equity and Debt	115 000	110 000	138 000	121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	164 000	125 000	150 000	135 000
Other Income	0	0	0	0
Revenue	164 000	125 000	150 000	135 000
Cost of Goods Sold	0	6 000	1 000	30 000
Salary Costs	0	4 000	3 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	80 000	105 000	98 000	98 000
Operating Profit	84 000	20 000	53 000	38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	33 000
Financial Balance	0	0	0	−33 000
Dividends	0	0	0	0
Net Income	66 000	16 000	41 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	81 000	86 000	97 000
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	63 000	81 000	86 000	97 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	12 000	13 000	8 000
Total Current Assets	52 000	28 000	53 000	23 000
Total Assets	115 000	110 000	138 000	121 000
Total Equity	−243 000	−309 000	−324 000	−365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	15 000	6 000	3 000	0
Dividends	0	0	0	0
Other Current Debt	342 000	412 000	459 000	486 000
Total Current Debt	358 000	418 000	463 000	486 000
Total Equity and Debt	115 000	110 000	138 000	121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,16 %	−5,18 %	−12,65 %	−0,82 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	51,22 %	16 %	35,33 %	28,15 %
Current Ratio	0,15	0,07	0,11	0,05
Quick Ratio	0,15	0,07	0,11	0,05
Equity Ratio	−2,11	−2,81	−2,35	−3,02
Gross Profit Margin	100 %	95,2 %	99,33 %	77,78 %