TWIN THUNDER AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

22,23 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 982 000	13 235 000	11 108 000	10 375 000
Net Income	396 000	633 000	492 000	−244 000
Total Assets	7 233 000	6 170 000	6 140 000	7 973 000
Total Equity	1 781 000	1 385 000	753 000	260 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 982 000	13 235 000	11 108 000	10 375 000
Expenditure	11 368 000	12 296 000	10 274 000	10 482 000
Operating Profit	614 000	938 000	834 000	−107 000
Financial Income	51 000	52 000	53 000	55 000
Financial Costs	157 000	179 000	253 000	261 000
Financial Balance	−106 000	−127 000	−200 000	−206 000
Earnings Before Tax	508 000	811 000	633 000	−313 000
Tax	112 000	178 000	141 000	−69 000
Net Income	396 000	633 000	492 000	−244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	182 000	115 000	697 000
Total Current Assets	7 023 000	5 988 000	6 025 000	7 276 000
Total Assets	7 233 000	6 170 000	6 140 000	7 973 000
Total Retained Equity	1 381 000	985 000	353 000	−140 000
Total Equity	1 781 000	1 385 000	753 000	260 000
Total Long-Term Debt	1 566 000	1 974 000	2 460 000	2 919 000
Total Current Debt	3 886 000	2 811 000	2 927 000	4 794 000
Total Equity and Debt	7 233 000	6 170 000	6 140 000	7 973 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 971 000	13 145 000	10 928 000	10 375 000
Other Income	11 000	90 000	180 000	0
Revenue	11 982 000	13 235 000	11 108 000	10 375 000
Cost of Goods Sold	8 496 000	9 688 000	7 574 000	7 274 000
Salary Costs	1 459 000	1 434 000	1 270 000	1 924 000
Depreciation	41 000	20 000	115 000	115 000
Impairment	0	0	0	0
Expenditure	11 368 000	12 296 000	10 274 000	10 482 000
Operating Profit	614 000	938 000	834 000	−107 000
Financial Income	51 000	52 000	53 000	55 000
Financial Costs	157 000	179 000	253 000	261 000
Financial Balance	−106 000	−127 000	−200 000	−206 000
Dividends	0	0	0	0
Net Income	396 000	633 000	492 000	−244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	117 000	115 000	75 000	147 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	92 000	67 000	40 000	550 000
Total Tangible Assets	92 000	67 000	40 000	550 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	209 000	182 000	115 000	697 000
Stock	5 210 000	3 662 000	3 561 000	4 845 000
Total Investments	0	0	0	0
Cash, Bank	765 000	1 011 000	366 000	82 000
Total Current Assets	7 023 000	5 988 000	6 025 000	7 276 000
Total Assets	7 233 000	6 170 000	6 140 000	7 973 000
Total Equity	1 781 000	1 385 000	753 000	260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 566 000	1 974 000	2 460 000	2 919 000
Creditors	2 252 000	1 161 000	934 000	2 095 000
Unpaid Taxes	198 000	91 000	417 000	215 000
Dividends	0	0	0	0
Other Current Debt	1 321 000	1 341 000	1 471 000	1 600 000
Total Current Debt	3 886 000	2 811 000	2 927 000	4 794 000
Total Equity and Debt	7 233 000	6 170 000	6 140 000	7 973 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,23 %	45,7 %	65,34 %	−93,85 %
Debt-to-Equity Ratio	0,88	1,43	3,27	11,23
Operating Profit Margin	5,12 %	7,09 %	7,51 %	−1,03 %
Current Ratio	1,81	2,13	2,06	1,52
Quick Ratio	−5,3	−7,04	−9,5	−142,67
Equity Ratio	0,25	0,22	0,12	0,03
Gross Profit Margin	29,09 %	26,8 %	31,81 %	29,89 %