TWO CHIEFS AS

4314 SANDNES

Finances

Share Ownership

Return on Equity

−39,49 %

Current Ratio

260,08

Debt-to-Equity Ratio

−9,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 004 000	603 000	749 000	693 000
Net Income	539 000	−12 000	223 000	23 000
Total Assets	11 188 000	13 136 000	18 824 000	18 784 000
Total Equity	−1 365 000	−1 904 000	−1 892 000	−2 116 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 004 000	603 000	749 000	693 000
Expenditure	440 000	507 000	393 000	393 000
Operating Profit	564 000	96 000	355 000	301 000
Financial Income	28 000	2 000	0	1 000
Financial Costs	53 000	110 000	132 000	279 000
Financial Balance	−25 000	−108 000	−132 000	−278 000
Earnings Before Tax	539 000	−12 000	223 000	23 000
Tax	0	0	0	0
Net Income	539 000	−12 000	223 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 066 000	12 847 000	18 670 000	18 757 000
Total Current Assets	3 121 000	289 000	154 000	27 000
Total Assets	11 188 000	13 136 000	18 824 000	18 784 000
Total Retained Equity	−1 465 000	−2 004 000	−1 992 000	−2 216 000
Total Equity	−1 365 000	−1 904 000	−1 892 000	−2 116 000
Total Long-Term Debt	12 541 000	15 020 000	20 696 000	20 860 000
Total Current Debt	12 000	20 000	21 000	39 000
Total Equity and Debt	11 188 000	13 136 000	18 824 000	18 784 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 004 000	603 000	749 000	693 000
Revenue	1 004 000	603 000	749 000	693 000
Cost of Goods Sold	17 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	22 000	89 000	105 000
Impairment	0	0	0	0
Expenditure	440 000	507 000	393 000	393 000
Operating Profit	564 000	96 000	355 000	301 000
Financial Income	28 000	2 000	0	1 000
Financial Costs	53 000	110 000	132 000	279 000
Financial Balance	−25 000	−108 000	−132 000	−278 000
Dividends	0	0	0	0
Net Income	539 000	−12 000	223 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 066 000	12 839 000	18 640 000	18 640 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	8 000	30 000	119 000
Total Tangible Assets	8 066 000	12 847 000	18 670 000	18 759 000
Total Fiancial Fixed Assets	0	0	0	−2 000
Total Fixed Assets	8 066 000	12 847 000	18 670 000	18 757 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 112 000	289 000	166 000	39 000
Total Current Assets	3 121 000	289 000	154 000	27 000
Total Assets	11 188 000	13 136 000	18 824 000	18 784 000
Total Equity	−1 365 000	−1 904 000	−1 892 000	−2 116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 541 000	15 020 000	20 696 000	20 860 000
Creditors	0	10 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	10 000	21 000	39 000
Total Current Debt	12 000	20 000	21 000	39 000
Total Equity and Debt	11 188 000	13 136 000	18 824 000	18 784 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,49 %	0,63 %	−11,79 %	−1,09 %
Debt-to-Equity Ratio	−9,19	−7,89	−10,94	−9,86
Operating Profit Margin	56,18 %	15,92 %	47,4 %	43,43 %
Current Ratio	260,08	14,45	7,33	0,69
Quick Ratio	260,08	14,45	7,33	0,69
Equity Ratio	−0,12	−0,14	−0,1	−0,11
Gross Profit Margin	98,31 %	100 %	100 %	100 %