T-WELL AS

4018 STAVANGER

Finances

Share Ownership

Return on Equity

−7,88 %

Current Ratio

0,66

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 698 000	1 293 000	198 000	0
Net Income	26 000	−488 000	136 000	−6 000
Total Assets	646 000	493 000	183 000	5 000
Total Equity	−330 000	−356 000	132 000	−3 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 698 000	1 293 000	198 000	0
Expenditure	1 671 000	1 781 000	34 000	6 000
Operating Profit	27 000	−488 000	164 000	−6 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	26 000	−488 000	164 000	−6 000
Tax	0	0	29 000	0
Net Income	26 000	−488 000	136 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	5 000	5 000
Total Current Assets	646 000	493 000	178 000	0
Total Assets	646 000	493 000	183 000	5 000
Total Retained Equity	−360 000	−386 000	102 000	−33 000
Total Equity	−330 000	−356 000	132 000	−3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	976 000	849 000	51 000	8 000
Total Equity and Debt	646 000	493 000	183 000	5 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 698 000	1 218 000	123 000	0
Other Income	0	75 000	75 000	0
Revenue	1 698 000	1 293 000	198 000	0
Cost of Goods Sold	11 000	100 000	14 000	0
Salary Costs	1 468 000	1 124 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 671 000	1 781 000	34 000	6 000
Operating Profit	27 000	−488 000	164 000	−6 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	26 000	−488 000	136 000	−6 000

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	0	0	5 000	5 000
Total Fixed Assets	0	0	5 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	467 000	353 000	113 000	0
Total Current Assets	646 000	493 000	178 000	0
Total Assets	646 000	493 000	183 000	5 000
Total Equity	−330 000	−356 000	132 000	−3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	341 000	334 000	15 000	6 000
Unpaid Taxes	449 000	390 000	0	0
Dividends	0	0	0	0
Other Current Debt	185 000	125 000	7 000	2 000
Total Current Debt	976 000	849 000	51 000	8 000
Total Equity and Debt	646 000	493 000	183 000	5 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,88 %	137,08 %	103,03 %	200 %
Debt-to-Equity Ratio	−0	−0	0	−0
Operating Profit Margin	1,59 %	−37,74 %	82,83 %	-
Current Ratio	0,66	0,58	3,49	0
Quick Ratio	0,66	0,58	3,49	0
Equity Ratio	−0,51	−0,72	0,72	−0,6
Gross Profit Margin	99,35 %	92,27 %	92,93 %	-