TWINS AS

7240 HITRA

Finances

Share Ownership

Return on Equity

−14,53 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 147 000	7 254 000	6 532 000	8 085 000
Net Income	−241 000	−60 000	−305 000	−348 000
Total Assets	5 728 000	5 947 000	4 853 000	5 105 000
Total Equity	1 659 000	1 900 000	1 519 000	1 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 147 000	7 254 000	6 532 000	8 085 000
Expenditure	7 237 000	7 295 000	6 821 000	8 225 000
Operating Profit	−90 000	−40 000	−289 000	−140 000
Financial Income	5 000	5 000	4 000	3 000
Financial Costs	155 000	150 000	146 000	136 000
Financial Balance	−150 000	−145 000	−142 000	−133 000
Earnings Before Tax	−241 000	−185 000	−432 000	−274 000
Tax	0	−125 000	−127 000	74 000
Net Income	−241 000	−60 000	−305 000	−348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	89 000	108 000	24 000
Total Current Assets	5 657 000	5 857 000	4 746 000	5 082 000
Total Assets	5 728 000	5 947 000	4 853 000	5 105 000
Total Retained Equity	−107 000	−107 000	−107 000	−250 000
Total Equity	1 659 000	1 900 000	1 519 000	1 376 000
Total Long-Term Debt	1 205 000	1 780 000	1 780 000	1 780 000
Total Current Debt	2 864 000	2 267 000	1 555 000	1 950 000
Total Equity and Debt	5 728 000	5 947 000	4 853 000	5 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 147 000	7 214 000	6 471 000	8 085 000
Other Income	0	40 000	61 000	0
Revenue	7 147 000	7 254 000	6 532 000	8 085 000
Cost of Goods Sold	3 826 000	4 048 000	3 580 000	4 694 000
Salary Costs	2 021 000	1 956 000	1 954 000	2 219 000
Depreciation	19 000	19 000	38 000	22 000
Impairment	0	0	0	0
Expenditure	7 237 000	7 295 000	6 821 000	8 225 000
Operating Profit	−90 000	−40 000	−289 000	−140 000
Financial Income	5 000	5 000	4 000	3 000
Financial Costs	155 000	150 000	146 000	136 000
Financial Balance	−150 000	−145 000	−142 000	−133 000
Dividends	0	0	0	0
Net Income	−241 000	−60 000	−305 000	−348 000

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	71 000	89 000	108 000	24 000
Total Tangible Assets	71 000	89 000	108 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	71 000	89 000	108 000	24 000
Stock	4 839 000	4 513 000	3 825 000	4 522 000
Total Investments	0	0	0	0
Cash, Bank	183 000	143 000	272 000	300 000
Total Current Assets	5 657 000	5 857 000	4 746 000	5 082 000
Total Assets	5 728 000	5 947 000	4 853 000	5 105 000
Total Equity	1 659 000	1 900 000	1 519 000	1 376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 205 000	1 780 000	1 780 000	1 780 000
Creditors	2 215 000	1 681 000	1 083 000	1 389 000
Unpaid Taxes	248 000	247 000	206 000	335 000
Dividends	0	0	0	0
Other Current Debt	400 000	339 000	265 000	225 000
Total Current Debt	2 864 000	2 267 000	1 555 000	1 950 000
Total Equity and Debt	5 728 000	5 947 000	4 853 000	5 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,53 %	−3,16 %	−20,08 %	−25,29 %
Debt-to-Equity Ratio	0,73	0,94	1,17	1,29
Operating Profit Margin	−1,26 %	−0,55 %	−4,42 %	−1,73 %
Current Ratio	1,98	2,58	3,05	2,61
Quick Ratio	−2,86	−2,61	−2,09	−1,98
Equity Ratio	0,29	0,32	0,31	0,27
Gross Profit Margin	46,47 %	44,2 %	45,19 %	41,94 %