TIURTOPPEN HYTTER AS

2609 LILLEHAMMER

Finances

Share Ownership

Return on Equity

46,29 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 005 000	26 435 000	22 151 000	27 504 000
Net Income	5 718 000	2 024 000	1 128 000	1 695 000
Total Assets	24 671 000	10 985 000	8 349 000	9 829 000
Total Equity	12 353 000	6 934 000	6 011 000	5 583 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 005 000	26 435 000	22 151 000	27 504 000
Expenditure	35 775 000	23 831 000	20 631 000	25 407 000
Operating Profit	7 230 000	2 604 000	1 520 000	2 096 000
Financial Income	120 000	7 000	25 000	85 000
Financial Costs	18 000	11 000	94 000	3 000
Financial Balance	102 000	−4 000	−69 000	82 000
Earnings Before Tax	7 332 000	2 601 000	1 451 000	2 178 000
Tax	1 614 000	577 000	323 000	483 000
Net Income	5 718 000	2 024 000	1 128 000	1 695 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 519 000	339 000	474 000	826 000
Total Current Assets	18 153 000	10 645 000	7 875 000	9 003 000
Total Assets	24 671 000	10 985 000	8 349 000	9 829 000
Total Retained Equity	11 358 000	5 939 000	5 016 000	4 588 000
Total Equity	12 353 000	6 934 000	6 011 000	5 583 000
Total Long-Term Debt	1 007 000	745 000	533 000	210 000
Total Current Debt	11 311 000	3 306 000	1 806 000	4 036 000
Total Equity and Debt	24 671 000	10 985 000	8 349 000	9 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 005 000	26 435 000	22 151 000	27 504 000
Other Income	0	0	0	0
Revenue	43 005 000	26 435 000	22 151 000	27 504 000
Cost of Goods Sold	31 252 000	20 164 000	16 362 000	20 554 000
Salary Costs	2 777 000	2 264 000	2 259 000	2 743 000
Depreciation	124 000	134 000	126 000	125 000
Impairment	0	0	0	0
Expenditure	35 775 000	23 831 000	20 631 000	25 407 000
Operating Profit	7 230 000	2 604 000	1 520 000	2 096 000
Financial Income	120 000	7 000	25 000	85 000
Financial Costs	18 000	11 000	94 000	3 000
Financial Balance	102 000	−4 000	−69 000	82 000
Dividends	300 000	1 100 000	0	600 000
Net Income	5 718 000	2 024 000	1 128 000	1 695 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 303 000	0	0	0
Machinery and Plant Facilities	173 000	277 000	382 000	488 000
Fixtures	43 000	62 000	92 000	38 000
Total Tangible Assets	6 519 000	339 000	474 000	526 000
Total Fiancial Fixed Assets	0	0	0	300 000
Total Fixed Assets	6 519 000	339 000	474 000	826 000
Stock	4 416 000	4 353 000	4 384 000	72 000
Total Investments	0	0	0	0
Cash, Bank	10 992 000	3 433 000	1 581 000	8 210 000
Total Current Assets	18 153 000	10 645 000	7 875 000	9 003 000
Total Assets	24 671 000	10 985 000	8 349 000	9 829 000
Total Equity	12 353 000	6 934 000	6 011 000	5 583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 007 000	745 000	533 000	210 000
Creditors	4 239 000	1 460 000	1 101 000	1 974 000
Unpaid Taxes	792 000	772 000	150 000	384 000
Dividends	300 000	1 100 000	0	600 000
Other Current Debt	4 930 000	709 000	555 000	1 123 000
Total Current Debt	11 311 000	3 306 000	1 806 000	4 036 000
Total Equity and Debt	24 671 000	10 985 000	8 349 000	9 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,29 %	29,19 %	18,77 %	30,36 %
Debt-to-Equity Ratio	0,08	0,11	0,09	0,04
Operating Profit Margin	16,81 %	9,85 %	6,86 %	7,62 %
Current Ratio	1,6	3,22	4,36	2,23
Quick Ratio	2,63	−10,17	−3,05	2,27
Equity Ratio	0,5	0,63	0,72	0,57
Gross Profit Margin	27,33 %	23,72 %	26,13 %	25,27 %