TURBOPOWER AS

3614 KONGSBERG

Finances

Share Ownership

Return on Equity

8,33 %

Current Ratio

2,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 333 000	10 830 000	10 667 000	9 855 000
Net Income	275 000	643 000	1 032 000	432 000
Total Assets	5 157 000	5 161 000	5 018 000	4 663 000
Total Equity	3 301 000	3 077 000	2 519 000	2 627 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 333 000	10 830 000	10 667 000	9 855 000
Expenditure	10 026 000	10 025 000	9 382 000	9 231 000
Operating Profit	307 000	804 000	1 284 000	624 000
Financial Income	69 000	104 000	123 000	42 000
Financial Costs	87 000	56 000	80 000	115 000
Financial Balance	−18 000	48 000	43 000	−73 000
Earnings Before Tax	289 000	853 000	1 327 000	551 000
Tax	14 000	210 000	295 000	119 000
Net Income	275 000	643 000	1 032 000	432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	33 000	60 000	7 000
Total Current Assets	5 150 000	5 127 000	4 958 000	4 656 000
Total Assets	5 157 000	5 161 000	5 018 000	4 663 000
Total Retained Equity	2 531 000	2 307 000	1 749 000	1 857 000
Total Equity	3 301 000	3 077 000	2 519 000	2 627 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 856 000	2 083 000	2 499 000	2 036 000
Total Equity and Debt	5 157 000	5 161 000	5 018 000	4 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 333 000	10 830 000	10 667 000	9 855 000
Other Income	0	0	0	0
Revenue	10 333 000	10 830 000	10 667 000	9 855 000
Cost of Goods Sold	7 237 000	7 191 000	6 822 000	6 362 000
Salary Costs	1 921 000	1 756 000	1 623 000	1 877 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 026 000	10 025 000	9 382 000	9 231 000
Operating Profit	307 000	804 000	1 284 000	624 000
Financial Income	69 000	104 000	123 000	42 000
Financial Costs	87 000	56 000	80 000	115 000
Financial Balance	−18 000	48 000	43 000	−73 000
Dividends	0	0	0	200 000
Net Income	275 000	643 000	1 032 000	432 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 000	33 000	60 000	7 000
Total Fixed Assets	7 000	33 000	60 000	7 000
Stock	4 147 000	4 356 000	4 261 000	4 118 000
Total Investments	0	0	0	0
Cash, Bank	501 000	246 000	129 000	88 000
Total Current Assets	5 150 000	5 127 000	4 958 000	4 656 000
Total Assets	5 157 000	5 161 000	5 018 000	4 663 000
Total Equity	3 301 000	3 077 000	2 519 000	2 627 000
Short-Term Group Debt	66 000	109 000	1 319 000	0
Total Long-Term Debt	0	0	0	0
Creditors	403 000	607 000	346 000	312 000
Unpaid Taxes	427 000	357 000	376 000	348 000
Dividends	0	0	0	200 000
Other Current Debt	859 000	734 000	217 000	438 000
Total Current Debt	1 856 000	2 083 000	2 499 000	2 036 000
Total Equity and Debt	5 157 000	5 161 000	5 018 000	4 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,33 %	20,9 %	40,97 %	16,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,97 %	7,42 %	12,04 %	6,33 %
Current Ratio	2,77	2,46	1,98	2,29
Quick Ratio	−2,25	−2,26	−2,81	−2,24
Equity Ratio	0,64	0,6	0,5	0,56
Gross Profit Margin	29,96 %	33,6 %	36,05 %	35,44 %