TWE ENGINEERING AS

3018 DRAMMEN

Finances

Share Ownership

Return on Equity

57,16 %

Current Ratio

3,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 342 000	1 439 000	1 426 000	1 409 000
Net Income	403 000	407 000	468 000	108 000
Total Assets	1 016 000	893 000	561 000	192 000
Total Equity	705 000	305 000	62 000	−406 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 342 000	1 439 000	1 426 000	1 409 000
Expenditure	830 000	917 000	821 000	1 268 000
Operating Profit	511 000	522 000	605 000	141 000
Financial Income	6 000	0	0	0
Financial Costs	0	0	5 000	3 000
Financial Balance	6 000	0	−5 000	−3 000
Earnings Before Tax	517 000	521 000	600 000	138 000
Tax	114 000	115 000	132 000	30 000
Net Income	403 000	407 000	468 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	6 000	138 000
Total Current Assets	1 016 000	893 000	556 000	55 000
Total Assets	1 016 000	893 000	561 000	192 000
Total Retained Equity	605 000	205 000	−38 000	−506 000
Total Equity	705 000	305 000	62 000	−406 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	310 000	588 000	499 000	598 000
Total Equity and Debt	1 016 000	893 000	561 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 342 000	1 439 000	1 426 000	1 409 000
Other Income	0	0	0	0
Revenue	1 342 000	1 439 000	1 426 000	1 409 000
Cost of Goods Sold	0	0	0	0
Salary Costs	731 000	842 000	751 000	1 162 000
Depreciation	0	0	0	6 000
Impairment	0	0	0	0
Expenditure	830 000	917 000	821 000	1 268 000
Operating Profit	511 000	522 000	605 000	141 000
Financial Income	6 000	0	0	0
Financial Costs	0	0	5 000	3 000
Financial Balance	6 000	0	−5 000	−3 000
Dividends	0	0	0	0
Net Income	403 000	407 000	468 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	138 000
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	0	0	6 000	138 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	582 000	429 000	407 000	55 000
Total Current Assets	1 016 000	893 000	556 000	55 000
Total Assets	1 016 000	893 000	561 000	192 000
Total Equity	705 000	305 000	62 000	−406 000
Short-Term Group Debt	4 000	209 000	265 000	262 000
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	11 000	14 000
Unpaid Taxes	110 000	127 000	129 000	155 000
Dividends	0	0	0	0
Other Current Debt	81 000	188 000	95 000	167 000
Total Current Debt	310 000	588 000	499 000	598 000
Total Equity and Debt	1 016 000	893 000	561 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,16 %	133,44 %	754,84 %	−26,6 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	38,08 %	36,28 %	42,43 %	10,01 %
Current Ratio	3,28	1,52	1,11	0,09
Quick Ratio	3,28	1,52	1,11	0,09
Equity Ratio	0,69	0,34	0,11	−2,11
Gross Profit Margin	100 %	100 %	100 %	100 %