TWMA NORGE AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

34,38 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 760 000	45 745 000	24 153 000	46 962 000
Net Income	1 691 000	6 362 000	−7 957 000	−2 352 000
Total Assets	8 905 000	17 809 000	807 000	13 903 000
Total Equity	4 918 000	3 227 000	−59 669 000	−51 712 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 760 000	45 745 000	24 153 000	46 962 000
Expenditure	36 184 000	36 687 000	27 770 000	41 699 000
Operating Profit	1 576 000	9 058 000	−3 617 000	5 262 000
Financial Income	127 000	0	0	−3 553 000
Financial Costs	11 000	2 696 000	4 340 000	4 061 000
Financial Balance	116 000	−2 696 000	−4 340 000	−7 614 000
Earnings Before Tax	1 691 000	6 362 000	−7 957 000	−2 352 000
Tax	0	0	0	0
Net Income	1 691 000	6 362 000	−7 957 000	−2 352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	20 000	113 000	2 557 000
Total Current Assets	8 899 000	17 789 000	694 000	11 346 000
Total Assets	8 905 000	17 809 000	807 000	13 903 000
Total Retained Equity	2 518 000	827 000	−60 869 000	−52 912 000
Total Equity	4 918 000	3 227 000	−59 669 000	−51 712 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 987 000	14 582 000	60 476 000	65 615 000
Total Equity and Debt	8 905 000	17 809 000	807 000	13 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 760 000	45 745 000	24 153 000	46 962 000
Other Income	0	0	0	0
Revenue	37 760 000	45 745 000	24 153 000	46 962 000
Cost of Goods Sold	9 676 000	12 138 000	3 574 000	8 054 000
Salary Costs	5 079 000	3 432 000	1 692 000	1 741 000
Depreciation	14 000	45 000	11 000	13 000
Impairment	0	0	0	0
Expenditure	36 184 000	36 687 000	27 770 000	41 699 000
Operating Profit	1 576 000	9 058 000	−3 617 000	5 262 000
Financial Income	127 000	0	0	−3 553 000
Financial Costs	11 000	2 696 000	4 340 000	4 061 000
Financial Balance	116 000	−2 696 000	−4 340 000	−7 614 000
Dividends	0	0	0	0
Net Income	1 691 000	6 362 000	−7 957 000	−2 352 000

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	6 000	20 000	65 000	76 000
Total Tangible Assets	6 000	20 000	65 000	76 000
Total Fiancial Fixed Assets	0	0	48 000	2 480 000
Total Fixed Assets	6 000	20 000	113 000	2 557 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 325 000	4 340 000	180 000	976 000
Total Current Assets	8 899 000	17 789 000	694 000	11 346 000
Total Assets	8 905 000	17 809 000	807 000	13 903 000
Total Equity	4 918 000	3 227 000	−59 669 000	−51 712 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	952 000	1 250 000	2 293 000	45 530 000
Unpaid Taxes	45 000	440 000	271 000	285 000
Dividends	0	0	0	0
Other Current Debt	2 990 000	12 892 000	57 912 000	19 800 000
Total Current Debt	3 987 000	14 582 000	60 476 000	65 615 000
Total Equity and Debt	8 905 000	17 809 000	807 000	13 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,38 %	197,15 %	13,34 %	4,55 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	4,17 %	19,8 %	−14,98 %	11,2 %
Current Ratio	2,23	1,22	0,01	0,17
Quick Ratio	2,23	1,22	0,01	0,17
Equity Ratio	0,55	0,18	−73,94	−3,72
Gross Profit Margin	74,38 %	73,47 %	85,2 %	82,85 %