TOWER-X AS

0191 OSLO

Finances

Share Ownership

Return on Equity

−27,45 %

Current Ratio

2,78

Debt-to-Equity Ratio

10,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 148 000	2 123 000	2 190 000	2 047 000
Net Income	−28 000	13 000	71 000	2 000
Total Assets	1 760 000	1 570 000	2 174 000	1 612 000
Total Equity	102 000	130 000	117 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 148 000	2 123 000	2 190 000	2 047 000
Expenditure	2 176 000	2 105 000	2 105 000	2 047 000
Operating Profit	−28 000	18 000	85 000	0
Financial Income	1 000	2 000	6 000	5 000
Financial Costs	1 000	0	0	3 000
Financial Balance	0	2 000	6 000	2 000
Earnings Before Tax	−28 000	19 000	91 000	3 000
Tax	0	6 000	20 000	1 000
Net Income	−28 000	13 000	71 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	60 000	119 000	179 000
Total Current Assets	1 760 000	1 510 000	2 055 000	1 433 000
Total Assets	1 760 000	1 570 000	2 174 000	1 612 000
Total Retained Equity	72 000	100 000	87 000	16 000
Total Equity	102 000	130 000	117 000	46 000
Total Long-Term Debt	1 025 000	1 025 000	1 025 000	1 026 000
Total Current Debt	633 000	415 000	1 032 000	541 000
Total Equity and Debt	1 760 000	1 570 000	2 174 000	1 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 148 000	2 123 000	2 190 000	2 047 000
Other Income	0	0	0	0
Revenue	2 148 000	2 123 000	2 190 000	2 047 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	0	14 000	0
Depreciation	60 000	60 000	60 000	60 000
Impairment	0	0	0	0
Expenditure	2 176 000	2 105 000	2 105 000	2 047 000
Operating Profit	−28 000	18 000	85 000	0
Financial Income	1 000	2 000	6 000	5 000
Financial Costs	1 000	0	0	3 000
Financial Balance	0	2 000	6 000	2 000
Dividends	0	0	0	0
Net Income	−28 000	13 000	71 000	2 000

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	60 000	119 000	179 000
Total Tangible Assets	0	60 000	119 000	179 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	60 000	119 000	179 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	288 000	142 000	605 000	374 000
Total Current Assets	1 760 000	1 510 000	2 055 000	1 433 000
Total Assets	1 760 000	1 570 000	2 174 000	1 612 000
Total Equity	102 000	130 000	117 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 025 000	1 025 000	1 025 000	1 026 000
Creditors	41 000	46 000	572 000	78 000
Unpaid Taxes	48 000	57 000	123 000	0
Dividends	0	0	0	0
Other Current Debt	544 000	306 000	316 000	463 000
Total Current Debt	633 000	415 000	1 032 000	541 000
Total Equity and Debt	1 760 000	1 570 000	2 174 000	1 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,45 %	10 %	60,68 %	4,35 %
Debt-to-Equity Ratio	10,05	7,88	8,76	22,3
Operating Profit Margin	−1,3 %	0,85 %	3,88 %	0 %
Current Ratio	2,78	3,64	1,99	2,65
Quick Ratio	2,78	3,64	1,99	2,65
Equity Ratio	0,06	0,08	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %