TWINS NORGE AS

1658 TORP

Finances

Share Ownership

Return on Equity

1,97 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 025 000	8 783 000	8 484 000	9 263 000
Net Income	59 000	209 000	215 000	227 000
Total Assets	5 753 000	3 628 000	3 401 000	4 053 000
Total Equity	2 988 000	2 928 000	2 719 000	2 504 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 025 000	8 783 000	8 484 000	9 263 000
Expenditure	9 859 000	8 518 000	8 232 000	9 012 000
Operating Profit	165 000	265 000	252 000	251 000
Financial Income	11 000	87 000	73 000	55 000
Financial Costs	99 000	81 000	47 000	10 000
Financial Balance	−88 000	6 000	26 000	45 000
Earnings Before Tax	77 000	271 000	278 000	296 000
Tax	18 000	62 000	63 000	68 000
Net Income	59 000	209 000	215 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	62 000	65 000	124 000
Total Current Assets	5 704 000	3 566 000	3 336 000	3 929 000
Total Assets	5 753 000	3 628 000	3 401 000	4 053 000
Total Retained Equity	2 738 000	2 678 000	2 469 000	2 254 000
Total Equity	2 988 000	2 928 000	2 719 000	2 504 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 766 000	700 000	682 000	1 549 000
Total Equity and Debt	5 753 000	3 628 000	3 401 000	4 053 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 024 000	8 726 000	8 476 000	9 263 000
Other Income	0	56 000	8 000	0
Revenue	10 025 000	8 783 000	8 484 000	9 263 000
Cost of Goods Sold	5 700 000	3 997 000	5 139 000	5 725 000
Salary Costs	2 769 000	2 680 000	2 069 000	2 323 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 859 000	8 518 000	8 232 000	9 012 000
Operating Profit	165 000	265 000	252 000	251 000
Financial Income	11 000	87 000	73 000	55 000
Financial Costs	99 000	81 000	47 000	10 000
Financial Balance	−88 000	6 000	26 000	45 000
Dividends	0	0	0	100 000
Net Income	59 000	209 000	215 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	62 000	65 000	124 000
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	0	0
Total Fixed Assets	50 000	62 000	65 000	124 000
Stock	1 424 000	846 000	919 000	904 000
Total Investments	0	0	0	0
Cash, Bank	1 189 000	905 000	1 713 000	521 000
Total Current Assets	5 704 000	3 566 000	3 336 000	3 929 000
Total Assets	5 753 000	3 628 000	3 401 000	4 053 000
Total Equity	2 988 000	2 928 000	2 719 000	2 504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 291 000	25 000	70 000	41 000
Unpaid Taxes	540 000	215 000	173 000	397 000
Dividends	0	0	0	100 000
Other Current Debt	929 000	401 000	435 000	1 011 000
Total Current Debt	2 766 000	700 000	682 000	1 549 000
Total Equity and Debt	5 753 000	3 628 000	3 401 000	4 053 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,97 %	7,14 %	7,91 %	9,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,65 %	3,02 %	2,97 %	2,71 %
Current Ratio	2,06	5,09	4,89	2,54
Quick Ratio	4,25	−24,42	−14,08	6,09
Equity Ratio	0,52	0,81	0,8	0,62
Gross Profit Margin	43,14 %	54,49 %	39,43 %	38,19 %