TWIN GARAGE AS

8540 BALLANGEN

Finances

Share Ownership

Return on Equity

213,51 %

Current Ratio

0,82

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 582 000	2 335 000	2 306 000	1 785 000
Net Income	−316 000	−40 000	2 000	186 000
Total Assets	1 638 000	1 210 000	1 192 000	658 000
Total Equity	−148 000	168 000	208 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 582 000	2 335 000	2 306 000	1 785 000
Expenditure	2 977 000	2 374 000	2 293 000	1 542 000
Operating Profit	−395 000	−39 000	13 000	243 000
Financial Income	1 000	0	0	0
Financial Costs	11 000	12 000	11 000	4 000
Financial Balance	−10 000	−12 000	−11 000	−4 000
Earnings Before Tax	−405 000	−51 000	3 000	240 000
Tax	−89 000	−11 000	1 000	54 000
Net Income	−316 000	−40 000	2 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	92 000	102 000	34 000
Total Current Assets	1 458 000	1 118 000	1 091 000	624 000
Total Assets	1 638 000	1 210 000	1 192 000	658 000
Total Retained Equity	−169 000	147 000	187 000	185 000
Total Equity	−148 000	168 000	208 000	206 000
Total Long-Term Debt	0	0	2 000	1 000
Total Current Debt	1 787 000	1 042 000	983 000	451 000
Total Equity and Debt	1 638 000	1 210 000	1 192 000	658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 582 000	2 335 000	2 306 000	1 785 000
Other Income	0	0	0	0
Revenue	2 582 000	2 335 000	2 306 000	1 785 000
Cost of Goods Sold	1 552 000	964 000	1 033 000	431 000
Salary Costs	593 000	581 000	534 000	421 000
Depreciation	8 000	8 000	8 000	2 000
Impairment	0	0	0	0
Expenditure	2 977 000	2 374 000	2 293 000	1 542 000
Operating Profit	−395 000	−39 000	13 000	243 000
Financial Income	1 000	0	0	0
Financial Costs	11 000	12 000	11 000	4 000
Financial Balance	−10 000	−12 000	−11 000	−4 000
Dividends	0	0	0	0
Net Income	−316 000	−40 000	2 000	186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	9 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	62 000	70 000	34 000
Total Tangible Assets	74 000	62 000	70 000	34 000
Total Fiancial Fixed Assets	9 000	20 000	32 000	0
Total Fixed Assets	180 000	92 000	102 000	34 000
Stock	1 163 000	998 000	665 000	463 000
Total Investments	0	0	0	0
Cash, Bank	156 000	78 000	270 000	49 000
Total Current Assets	1 458 000	1 118 000	1 091 000	624 000
Total Assets	1 638 000	1 210 000	1 192 000	658 000
Total Equity	−148 000	168 000	208 000	206 000
Short-Term Group Debt	70 000	70 000	0	0
Total Long-Term Debt	0	0	2 000	1 000
Creditors	699 000	287 000	743 000	161 000
Unpaid Taxes	38 000	64 000	42 000	27 000
Dividends	0	0	0	0
Other Current Debt	980 000	621 000	197 000	211 000
Total Current Debt	1 787 000	1 042 000	983 000	451 000
Total Equity and Debt	1 638 000	1 210 000	1 192 000	658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	213,51 %	−23,81 %	0,96 %	90,29 %
Debt-to-Equity Ratio	−0	0	0,01	0
Operating Profit Margin	−15,3 %	−1,67 %	0,56 %	13,61 %
Current Ratio	0,82	1,07	1,11	1,38
Quick Ratio	2,34	25,41	3,43	−52
Equity Ratio	−0,09	0,14	0,17	0,31
Gross Profit Margin	39,89 %	58,72 %	55,2 %	75,85 %