TOWI NORD AS

9068 NORD-LENANGEN

Finances

Share Ownership

Return on Equity

55,05 %

Current Ratio

4,92

Debt-to-Equity Ratio

−12,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 399 000	951 000	677 000	637 000
Net Income	−409 000	−1 010 000	−977 000	−1 336 000
Total Assets	8 571 000	8 746 000	9 900 000	6 380 000
Total Equity	−743 000	−3 834 000	−2 825 000	−1 848 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 399 000	951 000	677 000	637 000
Expenditure	1 161 000	1 407 000	1 150 000	998 000
Operating Profit	237 000	−456 000	−472 000	−361 000
Financial Income	51 000	4 000	3 000	3 000
Financial Costs	697 000	558 000	507 000	398 000
Financial Balance	−646 000	−554 000	−504 000	−395 000
Earnings Before Tax	−409 000	−1 010 000	−977 000	−756 000
Tax	0	0	0	580 000
Net Income	−409 000	−1 010 000	−977 000	−1 336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 887 000	8 566 000	9 246 000	5 724 000
Total Current Assets	684 000	180 000	655 000	656 000
Total Assets	8 571 000	8 746 000	9 900 000	6 380 000
Total Retained Equity	−5 787 000	−5 379 000	−4 369 000	−3 392 000
Total Equity	−743 000	−3 834 000	−2 825 000	−1 848 000
Total Long-Term Debt	9 174 000	12 447 000	12 333 000	7 983 000
Total Current Debt	139 000	134 000	392 000	244 000
Total Equity and Debt	8 571 000	8 746 000	9 900 000	6 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	356 000	256 000	27 000	0
Other Income	1 044 000	695 000	650 000	637 000
Revenue	1 399 000	951 000	677 000	637 000
Cost of Goods Sold	3 000	187 000	148 000	0
Salary Costs	0	0	0	0
Depreciation	679 000	679 000	679 000	582 000
Impairment	0	0	0	0
Expenditure	1 161 000	1 407 000	1 150 000	998 000
Operating Profit	237 000	−456 000	−472 000	−361 000
Financial Income	51 000	4 000	3 000	3 000
Financial Costs	697 000	558 000	507 000	398 000
Financial Balance	−646 000	−554 000	−504 000	−395 000
Dividends	0	0	0	0
Net Income	−409 000	−1 010 000	−977 000	−1 336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 741 000	8 368 000	8 750 000	5 162 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	146 000	198 000	250 000	387 000
Total Tangible Assets	7 887 000	8 566 000	9 246 000	5 724 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 887 000	8 566 000	9 246 000	5 724 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	97 000	175 000	1 000
Total Current Assets	684 000	180 000	655 000	656 000
Total Assets	8 571 000	8 746 000	9 900 000	6 380 000
Total Equity	−743 000	−3 834 000	−2 825 000	−1 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 174 000	12 447 000	12 333 000	7 983 000
Creditors	24 000	21 000	13 000	18 000
Unpaid Taxes	0	0	10 000	12 000
Dividends	0	0	0	0
Other Current Debt	115 000	112 000	369 000	215 000
Total Current Debt	139 000	134 000	392 000	244 000
Total Equity and Debt	8 571 000	8 746 000	9 900 000	6 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,05 %	26,34 %	34,58 %	72,29 %
Debt-to-Equity Ratio	−12,35	−3,25	−4,37	−4,32
Operating Profit Margin	16,94 %	−47,95 %	−69,72 %	−56,67 %
Current Ratio	4,92	1,34	1,67	2,69
Quick Ratio	4,92	1,34	1,67	2,69
Equity Ratio	−0,09	−0,44	−0,29	−0,29
Gross Profit Margin	99,79 %	80,34 %	78,14 %	100 %