Tool could also be used to weave nets, very similar to Norwegian needle for that purpose
You have my interest! Hold on and let me chase that down!
It looks like it could indeed. In looking at this one it appears it could have been twisted as fibers were fed into the holes after the end of the cord was tied off to something. This would accomplish two actions at one time, both twist the fibers as they were fed through each of the four holes and also twist these twisted cords into an even larger four strand twisted rope as the whole thing was twisted.