TURBILANE AS

6030 LANGEVÅG

Finances

Return on Equity

72,29 %

Current Ratio

2,22

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 275 000	4 192 000	2 668 000	3 897 000
Net Income	754 000	245 000	5 000	96 000
Total Assets	2 795 000	1 533 000	1 231 000	1 186 000
Total Equity	1 043 000	218 000	−27 000	−32 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 275 000	4 192 000	2 668 000	3 897 000
Expenditure	5 212 000	3 851 000	2 607 000	3 736 000
Operating Profit	1 063 000	341 000	61 000	161 000
Financial Income	0	0	0	0
Financial Costs	96 000	51 000	56 000	65 000
Financial Balance	−96 000	−51 000	−56 000	−65 000
Earnings Before Tax	967 000	291 000	5 000	96 000
Tax	213 000	46 000	0	0
Net Income	754 000	245 000	5 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 073 000	830 000	654 000	700 000
Total Current Assets	1 723 000	704 000	577 000	486 000
Total Assets	2 795 000	1 533 000	1 231 000	1 186 000
Total Retained Equity	936 000	182 000	−63 000	−68 000
Total Equity	1 043 000	218 000	−27 000	−32 000
Total Long-Term Debt	976 000	807 000	818 000	757 000
Total Current Debt	776 000	509 000	439 000	462 000
Total Equity and Debt	2 795 000	1 533 000	1 231 000	1 186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 864 000	4 081 000	2 668 000	3 897 000
Other Income	411 000	111 000	0	0
Revenue	6 275 000	4 192 000	2 668 000	3 897 000
Cost of Goods Sold	256 000	82 000	10 000	4 000
Salary Costs	2 346 000	1 963 000	1 112 000	1 690 000
Depreciation	334 000	187 000	133 000	133 000
Impairment	0	0	0	0
Expenditure	5 212 000	3 851 000	2 607 000	3 736 000
Operating Profit	1 063 000	341 000	61 000	161 000
Financial Income	0	0	0	0
Financial Costs	96 000	51 000	56 000	65 000
Financial Balance	−96 000	−51 000	−56 000	−65 000
Dividends	0	0	0	0
Net Income	754 000	245 000	5 000	96 000

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	892 000	756 000	554 000	687 000
Total Tangible Assets	892 000	756 000	554 000	687 000
Total Fiancial Fixed Assets	180 000	74 000	100 000	13 000
Total Fixed Assets	1 073 000	830 000	654 000	700 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 260 000	294 000	74 000	71 000
Total Current Assets	1 723 000	704 000	577 000	486 000
Total Assets	2 795 000	1 533 000	1 231 000	1 186 000
Total Equity	1 043 000	218 000	−27 000	−32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	976 000	807 000	818 000	757 000
Creditors	219 000	99 000	109 000	111 000
Unpaid Taxes	153 000	194 000	159 000	117 000
Dividends	0	0	0	0
Other Current Debt	239 000	212 000	171 000	233 000
Total Current Debt	776 000	509 000	439 000	462 000
Total Equity and Debt	2 795 000	1 533 000	1 231 000	1 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,29 %	112,39 %	−18,52 %	−300 %
Debt-to-Equity Ratio	0,94	3,7	−30,3	−23,66
Operating Profit Margin	16,94 %	8,13 %	2,29 %	4,13 %
Current Ratio	2,22	1,38	1,31	1,05
Quick Ratio	2,22	1,38	1,31	1,05
Equity Ratio	0,37	0,14	−0,02	−0,03
Gross Profit Margin	95,92 %	98,04 %	99,63 %	99,9 %