TOWERING CUMULUS AS

5019 BERGEN

Finances

Return on Equity

−13,83 %

Current Ratio

179,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	40 000	456 000	1 180 000
Net Income	−2 765 000	−374 000	22 169 000	867 000
Total Assets	20 029 000	23 810 000	29 028 000	11 550 000
Total Equity	19 995 000	23 760 000	27 734 000	5 566 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	40 000	456 000	1 180 000
Expenditure	87 000	31 000	75 000	113 000
Operating Profit	−87 000	9 000	382 000	1 067 000
Financial Income	165 000	1 450 000	22 891 000	39 000
Financial Costs	2 843 000	1 817 000	1 009 000	80 000
Financial Balance	−2 678 000	−367 000	21 882 000	−41 000
Earnings Before Tax	−2 765 000	−358 000	22 264 000	1 027 000
Tax	0	16 000	96 000	159 000
Net Income	−2 765 000	−374 000	22 169 000	867 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 910 000	14 677 000	15 149 000	10 126 000
Total Current Assets	6 119 000	9 133 000	13 880 000	1 423 000
Total Assets	20 029 000	23 810 000	29 028 000	11 550 000
Total Retained Equity	19 965 000	23 730 000	27 704 000	5 536 000
Total Equity	19 995 000	23 760 000	27 734 000	5 566 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	50 000	1 294 000	5 984 000
Total Equity and Debt	20 029 000	23 810 000	29 028 000	11 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	40 000	456 000	1 180 000
Other Income	0	0	0	0
Revenue	0	40 000	456 000	1 180 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	87 000	31 000	75 000	113 000
Operating Profit	−87 000	9 000	382 000	1 067 000
Financial Income	165 000	1 450 000	22 891 000	39 000
Financial Costs	2 843 000	1 817 000	1 009 000	80 000
Financial Balance	−2 678 000	−367 000	21 882 000	−41 000
Dividends	1 000 000	3 600 000	0	0
Net Income	−2 765 000	−374 000	22 169 000	867 000

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	13 910 000	14 677 000	15 149 000	10 126 000
Total Fixed Assets	13 910 000	14 677 000	15 149 000	10 126 000
Stock	0	0	0	0
Total Investments	5 977 000	5 573 000	2 643 000	0
Cash, Bank	142 000	3 558 000	11 236 000	1 054 000
Total Current Assets	6 119 000	9 133 000	13 880 000	1 423 000
Total Assets	20 029 000	23 810 000	29 028 000	11 550 000
Total Equity	19 995 000	23 760 000	27 734 000	5 566 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	2 000
Unpaid Taxes	0	0	12 000	32 000
Dividends	1 000 000	3 600 000	0	0
Other Current Debt	34 000	34 000	1 185 000	5 791 000
Total Current Debt	34 000	50 000	1 294 000	5 984 000
Total Equity and Debt	20 029 000	23 810 000	29 028 000	11 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,83 %	−1,57 %	79,93 %	15,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	22,5 %	83,77 %	90,42 %
Current Ratio	179,97	182,66	10,73	0,24
Quick Ratio	179,97	182,66	10,73	0,24
Equity Ratio	1	1	0,96	0,48
Gross Profit Margin	-	100 %	100 %	100 %