TERMOWOOD AS

2090 HURDAL

Finances

Return on Equity

1 004,39 %

Current Ratio

1,17

Debt-to-Equity Ratio

−1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 809 000	11 267 000	14 891 000	6 010 000
Net Income	−20 570 000	−61 954 000	−33 456 000	−20 706 000
Total Assets	8 996 000	9 644 000	36 841 000	39 228 000
Total Equity	−2 048 000	−43 226 000	−12 058 000	7 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 809 000	11 267 000	14 891 000	6 010 000
Expenditure	19 566 000	71 002 000	45 936 000	26 154 000
Operating Profit	−19 468 000	−59 735 000	−31 045 000	−20 143 000
Financial Income	36 000	77 000	75 000	38 000
Financial Costs	1 138 000	2 296 000	1 358 000	602 000
Financial Balance	−1 102 000	−2 219 000	−1 283 000	−564 000
Earnings Before Tax	−20 570 000	−61 954 000	−32 329 000	−20 706 000
Tax	0	0	1 127 000	0
Net Income	−20 570 000	−61 954 000	−33 456 000	−20 706 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	776 000	4 077 000	29 415 000	25 732 000
Total Current Assets	8 220 000	5 567 000	7 425 000	13 496 000
Total Assets	8 996 000	9 644 000	36 841 000	39 228 000
Total Retained Equity	−99 641 000	−130 816 000	−68 863 000	−35 407 000
Total Equity	−2 048 000	−43 226 000	−12 058 000	7 085 000
Total Long-Term Debt	4 000 000	34 400 000	30 216 000	20 836 000
Total Current Debt	7 044 000	18 469 000	18 683 000	11 307 000
Total Equity and Debt	8 996 000	9 644 000	36 841 000	39 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 809 000	11 081 000	13 941 000	6 004 000
Other Income	0	186 000	950 000	7 000
Revenue	3 809 000	11 267 000	14 891 000	6 010 000
Cost of Goods Sold	0	10 248 000	14 124 000	6 211 000
Salary Costs	5 496 000	11 818 000	13 000 000	11 363 000
Depreciation	3 280 000	5 224 000	6 110 000	2 292 000
Impairment	0	15 227 000	0	0
Expenditure	19 566 000	71 002 000	45 936 000	26 154 000
Operating Profit	−19 468 000	−59 735 000	−31 045 000	−20 143 000
Financial Income	36 000	77 000	75 000	38 000
Financial Costs	1 138 000	2 296 000	1 358 000	602 000
Financial Balance	−1 102 000	−2 219 000	−1 283 000	−564 000
Dividends	0	0	0	0
Net Income	−20 570 000	−61 954 000	−33 456 000	−20 706 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	676 000	1 057 000	1 474 000	4 064 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	100 000	3 000 000	26 139 000	20 005 000
Fixtures	0	0	1 803 000	1 662 000
Total Tangible Assets	100 000	3 000 000	27 941 000	21 667 000
Total Fiancial Fixed Assets	0	20 000	0	0
Total Fixed Assets	776 000	4 077 000	29 415 000	25 732 000
Stock	751 000	1 500 000	2 670 000	1 688 000
Total Investments	0	0	12 000	0
Cash, Bank	115 000	338 000	510 000	638 000
Total Current Assets	8 220 000	5 567 000	7 425 000	13 496 000
Total Assets	8 996 000	9 644 000	36 841 000	39 228 000
Total Equity	−2 048 000	−43 226 000	−12 058 000	7 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000 000	34 400 000	30 216 000	20 836 000
Creditors	1 370 000	12 803 000	9 631 000	3 328 000
Unpaid Taxes	217 000	870 000	931 000	1 131 000
Dividends	0	0	0	0
Other Current Debt	2 724 000	4 171 000	5 376 000	2 844 000
Total Current Debt	7 044 000	18 469 000	18 683 000	11 307 000
Total Equity and Debt	8 996 000	9 644 000	36 841 000	39 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 004,39 %	143,33 %	277,46 %	−292,25 %
Debt-to-Equity Ratio	−1,95	−0,8	−2,51	2,94
Operating Profit Margin	−511,11 %	−530,18 %	−208,48 %	−335,16 %
Current Ratio	1,17	0,3	0,4	1,19
Quick Ratio	1,31	0,33	0,46	1,4
Equity Ratio	−0,23	−4,48	−0,33	0,18
Gross Profit Margin	100 %	9,04 %	5,15 %	−3,34 %