TWR DRIFT AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

83,71 %

Current Ratio

0,73

Debt-to-Equity Ratio

−1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	510 000	1 042 000	1 379 000	218 000
Net Income	−257 000	−234 000	−199 000	71 000
Total Assets	1 161 000	1 294 000	1 314 000	202 000
Total Equity	−307 000	−50 000	183 000	102 000

Income (NOK)	2022	2021	2020	2019
Revenue	510 000	1 042 000	1 379 000	218 000
Expenditure	699 000	1 322 000	1 615 000	126 000
Operating Profit	−189 000	−279 000	−236 000	92 000
Financial Income	0	0	0	0
Financial Costs	26 000	20 000	18 000	1 000
Financial Balance	−26 000	−20 000	−18 000	−1 000
Earnings Before Tax	−215 000	−299 000	−254 000	92 000
Tax	42 000	−66 000	−55 000	20 000
Net Income	−257 000	−234 000	−199 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	495 000	563 000	0
Total Current Assets	791 000	799 000	751 000	202 000
Total Assets	1 161 000	1 294 000	1 314 000	202 000
Total Retained Equity	−337 000	−80 000	−127 000	72 000
Total Equity	−307 000	−50 000	183 000	102 000
Total Long-Term Debt	388 000	466 000	567 000	0
Total Current Debt	1 081 000	879 000	564 000	100 000
Total Equity and Debt	1 161 000	1 294 000	1 314 000	202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	510 000	1 042 000	1 379 000	218 000
Other Income	0	0	0	0
Revenue	510 000	1 042 000	1 379 000	218 000
Cost of Goods Sold	23 000	630 000	1 065 000	0
Salary Costs	431 000	411 000	314 000	4 000
Depreciation	83 000	110 000	36 000	1 000
Impairment	0	0	0	0
Expenditure	699 000	1 322 000	1 615 000	126 000
Operating Profit	−189 000	−279 000	−236 000	92 000
Financial Income	0	0	0	0
Financial Costs	26 000	20 000	18 000	1 000
Financial Balance	−26 000	−20 000	−18 000	−1 000
Dividends	0	0	0	0
Net Income	−257 000	−234 000	−199 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	42 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	370 000	453 000	563 000	0
Total Tangible Assets	370 000	453 000	563 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	370 000	495 000	563 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	21 000	15 000	18 000
Total Current Assets	791 000	799 000	751 000	202 000
Total Assets	1 161 000	1 294 000	1 314 000	202 000
Total Equity	−307 000	−50 000	183 000	102 000
Short-Term Group Debt	955 000	762 000	312 000	40 000
Total Long-Term Debt	388 000	466 000	567 000	0
Creditors	28 000	32 000	198 000	17 000
Unpaid Taxes	47 000	29 000	20 000	23 000
Dividends	0	0	0	0
Other Current Debt	50 000	56 000	33 000	0
Total Current Debt	1 081 000	879 000	564 000	100 000
Total Equity and Debt	1 161 000	1 294 000	1 314 000	202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,71 %	468 %	−108,74 %	69,61 %
Debt-to-Equity Ratio	−1,26	−9,32	3,1	0
Operating Profit Margin	−37,06 %	−26,78 %	−17,11 %	42,2 %
Current Ratio	0,73	0,91	1,33	2,02
Quick Ratio	0,73	0,91	1,33	2,02
Equity Ratio	−0,26	−0,04	0,14	0,5
Gross Profit Margin	95,49 %	39,54 %	22,77 %	100 %