TERRATWIN AS

9600 HAMMERFEST

Finances

Share Ownership

Return on Equity

44,44 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	1 032 000	606 000	310 000
Net Income	−184 000	−59 000	−315 000
Total Assets	302 000	112 000	69 000
Total Equity	−414 000	−230 000	−171 000

Income (NOK)	2022	2021	2020
Revenue	1 032 000	606 000	310 000
Expenditure	1 353 000	665 000	628 000
Operating Profit	−322 000	−59 000	−317 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−323 000	−59 000	−318 000
Tax	−139 000	0	0
Net Income	−184 000	−59 000	−315 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	279 000	10 000	17 000
Total Current Assets	24 000	102 000	52 000
Total Assets	302 000	112 000	69 000
Total Retained Equity	−558 000	−374 000	−315 000
Total Equity	−414 000	−230 000	−171 000
Total Long-Term Debt	0	0	0
Total Current Debt	716 000	342 000	240 000
Total Equity and Debt	302 000	112 000	69 000

Cash flow (NOK)	2022	2021	2020
Sales Income	882 000	450 000	310 000
Other Income	150 000	156 000	0
Revenue	1 032 000	606 000	310 000
Cost of Goods Sold	10 000	0	80 000
Salary Costs	906 000	479 000	308 000
Depreciation	47 000	7 000	4 000
Impairment	0	0	0
Expenditure	1 353 000	665 000	628 000
Operating Profit	−322 000	−59 000	−317 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−184 000	−59 000	−315 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	139 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	140 000	10 000	17 000
Total Tangible Assets	140 000	10 000	17 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	279 000	10 000	17 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 000	25 000	47 000
Total Current Assets	24 000	102 000	52 000
Total Assets	302 000	112 000	69 000
Total Equity	−414 000	−230 000	−171 000
Short-Term Group Debt	250 000	0	0
Total Long-Term Debt	0	0	0
Creditors	262 000	41 000	27 000
Unpaid Taxes	48 000	40 000	18 000
Dividends	0	0	0
Other Current Debt	156 000	261 000	196 000
Total Current Debt	716 000	342 000	240 000
Total Equity and Debt	302 000	112 000	69 000

Financial indicators	2022	2021	2020
Return on Equity	44,44 %	25,65 %	184,21 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−31,2 %	−9,74 %	−102,26 %
Current Ratio	0,03	0,3	0,22
Quick Ratio	0,03	0,3	0,22
Equity Ratio	−1,37	−2,05	−2,48
Gross Profit Margin	99,03 %	100 %	74,19 %