TURUTE AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

3,81 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 141 000	2 096 000	1 775 000	2 044 000
Net Income	19 000	−66 000	−52 000	130 000
Total Assets	1 039 000	771 000	822 000	933 000
Total Equity	499 000	480 000	545 000	598 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 141 000	2 096 000	1 775 000	2 044 000
Expenditure	2 122 000	2 175 000	1 835 000	1 873 000
Operating Profit	19 000	−66 000	−61 000	172 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	19 000	−66 000	−61 000	173 000
Tax	0	0	−9 000	43 000
Net Income	19 000	−66 000	−52 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	5 000	19 000	52 000
Total Current Assets	1 006 000	767 000	804 000	881 000
Total Assets	1 039 000	771 000	822 000	933 000
Total Retained Equity	299 000	280 000	345 000	398 000
Total Equity	499 000	480 000	545 000	598 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	541 000	291 000	277 000	335 000
Total Equity and Debt	1 039 000	771 000	822 000	933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 141 000	2 096 000	1 775 000	2 044 000
Other Income	0	0	0	0
Revenue	2 141 000	2 096 000	1 775 000	2 044 000
Cost of Goods Sold	115 000	87 000	193 000	485 000
Salary Costs	1 684 000	1 725 000	1 317 000	957 000
Depreciation	2 000	17 000	34 000	42 000
Impairment	0	0	0	0
Expenditure	2 122 000	2 175 000	1 835 000	1 873 000
Operating Profit	19 000	−66 000	−61 000	172 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	100 000
Net Income	19 000	−66 000	−52 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 000	2 000	8 000	14 000
Fixtures	32 000	0	11 000	39 000
Total Tangible Assets	33 000	2 000	19 000	52 000
Total Fiancial Fixed Assets	0	3 000	0	0
Total Fixed Assets	33 000	5 000	19 000	52 000
Stock	40 000	43 000	30 000	33 000
Total Investments	0	0	0	0
Cash, Bank	691 000	344 000	156 000	365 000
Total Current Assets	1 006 000	767 000	804 000	881 000
Total Assets	1 039 000	771 000	822 000	933 000
Total Equity	499 000	480 000	545 000	598 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	18 000	0	18 000
Unpaid Taxes	84 000	110 000	82 000	60 000
Dividends	0	0	0	100 000
Other Current Debt	419 000	163 000	195 000	114 000
Total Current Debt	541 000	291 000	277 000	335 000
Total Equity and Debt	1 039 000	771 000	822 000	933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,81 %	−13,75 %	−9,54 %	21,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,89 %	−3,15 %	−3,44 %	8,41 %
Current Ratio	1,86	2,64	2,9	2,63
Quick Ratio	2,01	3,09	3,26	2,92
Equity Ratio	0,48	0,62	0,66	0,64
Gross Profit Margin	94,63 %	95,85 %	89,13 %	76,27 %