TURBUSSEN - OLVARD HÅLAND AS

7092 TILLER

Finances

Share Ownership

Return on Equity

−27,01 %

Current Ratio

33,19

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	513 000	2 017 000	1 498 000	3 542 000
Net Income	−494 000	160 000	110 000	1 083 000
Total Assets	2 124 000	5 156 000	5 167 000	5 368 000
Total Equity	1 829 000	2 393 000	2 234 000	2 257 000

Income (NOK)	2022	2021	2020	2019
Revenue	513 000	2 017 000	1 498 000	3 542 000
Expenditure	1 155 000	1 756 000	1 292 000	2 073 000
Operating Profit	−642 000	261 000	206 000	1 469 000
Financial Income	19 000	7 000	11 000	8 000
Financial Costs	10 000	63 000	70 000	83 000
Financial Balance	9 000	−56 000	−59 000	−75 000
Earnings Before Tax	−633 000	205 000	147 000	1 394 000
Tax	−139 000	45 000	36 000	311 000
Net Income	−494 000	160 000	110 000	1 083 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 326 000	3 766 000	4 196 000
Total Current Assets	2 124 000	1 831 000	1 401 000	1 171 000
Total Assets	2 124 000	5 156 000	5 167 000	5 368 000
Total Retained Equity	1 729 000	2 293 000	2 134 000	2 157 000
Total Equity	1 829 000	2 393 000	2 234 000	2 257 000
Total Long-Term Debt	231 000	2 521 000	2 829 000	2 865 000
Total Current Debt	64 000	242 000	105 000	246 000
Total Equity and Debt	2 124 000	5 156 000	5 167 000	5 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	513 000	1 972 000	1 424 000	2 195 000
Other Income	0	45 000	74 000	1 347 000
Revenue	513 000	2 017 000	1 498 000	3 542 000
Cost of Goods Sold	523 000	3 000	17 000	31 000
Salary Costs	194 000	536 000	310 000	556 000
Depreciation	104 000	440 000	440 000	222 000
Impairment	0	0	0	0
Expenditure	1 155 000	1 756 000	1 292 000	2 073 000
Operating Profit	−642 000	261 000	206 000	1 469 000
Financial Income	19 000	7 000	11 000	8 000
Financial Costs	10 000	63 000	70 000	83 000
Financial Balance	9 000	−56 000	−59 000	−75 000
Dividends	71 000	0	0	0
Net Income	−494 000	160 000	110 000	1 083 000

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	0	0	0	0
Fixtures	0	3 324 000	3 764 000	4 196 000
Total Tangible Assets	0	3 324 000	3 764 000	4 196 000
Total Fiancial Fixed Assets	0	1 000	1 000	0
Total Fixed Assets	0	3 326 000	3 766 000	4 196 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 123 000	1 690 000	1 288 000	999 000
Total Current Assets	2 124 000	1 831 000	1 401 000	1 171 000
Total Assets	2 124 000	5 156 000	5 167 000	5 368 000
Total Equity	1 829 000	2 393 000	2 234 000	2 257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	2 521 000	2 829 000	2 865 000
Creditors	3 000	58 000	42 000	110 000
Unpaid Taxes	56 000	95 000	34 000	25 000
Dividends	71 000	0	0	0
Other Current Debt	5 000	54 000	29 000	88 000
Total Current Debt	64 000	242 000	105 000	246 000
Total Equity and Debt	2 124 000	5 156 000	5 167 000	5 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,01 %	6,69 %	4,92 %	47,98 %
Debt-to-Equity Ratio	0,13	1,05	1,27	1,27
Operating Profit Margin	−125,15 %	12,94 %	13,75 %	41,47 %
Current Ratio	33,19	7,57	13,34	4,76
Quick Ratio	33,19	7,57	13,34	4,76
Equity Ratio	0,86	0,46	0,43	0,42
Gross Profit Margin	−1,95 %	99,85 %	98,87 %	99,12 %