MEMO TWINS AS

1830 ASKIM

Finances

Share Ownership

Return on Equity

10,16 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 720 000	3 604 000	3 315 000	4 141 000
Net Income	19 000	−33 000	−7 000	−122 000
Total Assets	473 000	470 000	484 000	522 000
Total Equity	187 000	168 000	202 000	209 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 720 000	3 604 000	3 315 000	4 141 000
Expenditure	3 699 000	3 636 000	3 321 000	4 262 000
Operating Profit	20 000	−33 000	−6 000	−121 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	1 000
Financial Balance	−2 000	−1 000	−1 000	−1 000
Earnings Before Tax	19 000	−33 000	−7 000	−122 000
Tax	0	0	0	0
Net Income	19 000	−33 000	−7 000	−122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	473 000	470 000	484 000	522 000
Total Assets	473 000	470 000	484 000	522 000
Total Retained Equity	−103 000	−122 000	−88 000	−81 000
Total Equity	187 000	168 000	202 000	209 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	286 000	301 000	282 000	313 000
Total Equity and Debt	473 000	470 000	484 000	522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 720 000	3 494 000	3 302 000	4 141 000
Other Income	0	110 000	12 000	0
Revenue	3 720 000	3 604 000	3 315 000	4 141 000
Cost of Goods Sold	2 055 000	1 973 000	1 834 000	2 297 000
Salary Costs	1 099 000	1 140 000	987 000	1 381 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 699 000	3 636 000	3 321 000	4 262 000
Operating Profit	20 000	−33 000	−6 000	−121 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	1 000
Financial Balance	−2 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	19 000	−33 000	−7 000	−122 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	363 000	357 000	360 000	429 000
Total Investments	0	0	0	0
Cash, Bank	110 000	94 000	113 000	83 000
Total Current Assets	473 000	470 000	484 000	522 000
Total Assets	473 000	470 000	484 000	522 000
Total Equity	187 000	168 000	202 000	209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	94 000	76 000	50 000	86 000
Unpaid Taxes	108 000	139 000	134 000	99 000
Dividends	0	0	0	0
Other Current Debt	84 000	87 000	98 000	128 000
Total Current Debt	286 000	301 000	282 000	313 000
Total Equity and Debt	473 000	470 000	484 000	522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,16 %	−19,64 %	−3,47 %	−58,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,54 %	−0,92 %	−0,18 %	−2,92 %
Current Ratio	1,65	1,56	1,72	1,67
Quick Ratio	−6,14	−8,39	−6,21	−4,5
Equity Ratio	0,4	0,36	0,42	0,4
Gross Profit Margin	44,76 %	45,26 %	44,68 %	44,53 %