TORNADO AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

5,08 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 000	56 000	191 000	1 135 000
Net Income	−74 000	−531 000	−137 000	1 000
Total Assets	37 000	16 000	484 000	300 000
Total Equity	−1 456 000	−1 381 000	−850 000	−714 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 000	56 000	191 000	1 135 000
Expenditure	91 000	271 000	290 000	1 134 000
Operating Profit	−73 000	−494 000	−99 000	1 000
Financial Income	0	0	0	0
Financial Costs	1 000	37 000	38 000	0
Financial Balance	−1 000	−37 000	−38 000	0
Earnings Before Tax	−74 000	−531 000	−137 000	1 000
Tax	0	0	0	0
Net Income	−74 000	−531 000	−137 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	14 000	33 000
Total Current Assets	37 000	16 000	470 000	266 000
Total Assets	37 000	16 000	484 000	300 000
Total Retained Equity	−1 486 000	−1 411 000	−880 000	−744 000
Total Equity	−1 456 000	−1 381 000	−850 000	−714 000
Total Long-Term Debt	−26 000	0	0	0
Total Current Debt	1 519 000	1 397 000	1 334 000	1 013 000
Total Equity and Debt	37 000	16 000	484 000	300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	56 000	0	1 135 000
Other Income	0	0	191 000	0
Revenue	18 000	56 000	191 000	1 135 000
Cost of Goods Sold	18 000	60 000	6 000	461 000
Salary Costs	0	0	9 000	81 000
Depreciation	0	14 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	91 000	271 000	290 000	1 134 000
Operating Profit	−73 000	−494 000	−99 000	1 000
Financial Income	0	0	0	0
Financial Costs	1 000	37 000	38 000	0
Financial Balance	−1 000	−37 000	−38 000	0
Dividends	0	0	0	0
Net Income	−74 000	−531 000	−137 000	1 000

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	14 000	33 000
Total Tangible Assets	0	0	14 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	14 000	33 000
Stock	0	0	279 000	266 000
Total Investments	0	0	0	0
Cash, Bank	4 000	4 000	−1 000	1 000
Total Current Assets	37 000	16 000	470 000	266 000
Total Assets	37 000	16 000	484 000	300 000
Total Equity	−1 456 000	−1 381 000	−850 000	−714 000
Short-Term Group Debt	0	0	0	17 000
Total Long-Term Debt	−26 000	0	0	0
Creditors	82 000	167 000	303 000	85 000
Unpaid Taxes	−3 000	−2 000	−2 000	−20 000
Dividends	0	0	0	0
Other Current Debt	1 440 000	1 233 000	1 033 000	931 000
Total Current Debt	1 519 000	1 397 000	1 334 000	1 013 000
Total Equity and Debt	37 000	16 000	484 000	300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,08 %	38,45 %	16,12 %	−0,14 %
Debt-to-Equity Ratio	0,02	−0	−0	−0
Operating Profit Margin	−405,56 %	−882,14 %	−51,83 %	0,09 %
Current Ratio	0,02	0,01	0,35	0,26
Quick Ratio	0,02	0,01	0,45	0,36
Equity Ratio	−39,35	−86,31	−1,76	−2,38
Gross Profit Margin	0 %	−7,14 %	96,86 %	59,38 %