THILESEN HOLDING AS

3257 LARVIK

Finances

Return on Equity

4,92 %

Current Ratio

9,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 825 000	12 454 000	11 412 000	11 645 000
Net Income	1 623 000	8 437 000	4 595 000	5 687 000
Total Assets	36 573 000	36 629 000	31 296 000	27 822 000
Total Equity	32 981 000	32 857 000	29 120 000	25 426 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 825 000	12 454 000	11 412 000	11 645 000
Expenditure	8 440 000	8 332 000	7 474 000	7 714 000
Operating Profit	4 386 000	4 122 000	3 937 000	3 931 000
Financial Income	3 488 000	5 231 000	1 563 000	2 815 000
Financial Costs	5 253 000	0	1 000	134 000
Financial Balance	−1 765 000	5 231 000	1 562 000	2 681 000
Earnings Before Tax	2 621 000	9 352 000	5 499 000	6 612 000
Tax	997 000	916 000	905 000	924 000
Net Income	1 623 000	8 437 000	4 595 000	5 687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 487 000	2 127 000	10 939 000	11 283 000
Total Current Assets	35 086 000	34 502 000	20 358 000	16 539 000
Total Assets	36 573 000	36 629 000	31 296 000	27 822 000
Total Retained Equity	32 951 000	32 827 000	29 090 000	25 396 000
Total Equity	32 981 000	32 857 000	29 120 000	25 426 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 593 000	3 772 000	2 176 000	2 397 000
Total Equity and Debt	36 573 000	36 629 000	31 296 000	27 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 825 000	12 454 000	11 355 000	11 640 000
Other Income	0	0	57 000	5 000
Revenue	12 825 000	12 454 000	11 412 000	11 645 000
Cost of Goods Sold	27 000	35 000	41 000	37 000
Salary Costs	2 956 000	2 901 000	2 676 000	2 849 000
Depreciation	456 000	406 000	536 000	622 000
Impairment	0	0	0	0
Expenditure	8 440 000	8 332 000	7 474 000	7 714 000
Operating Profit	4 386 000	4 122 000	3 937 000	3 931 000
Financial Income	3 488 000	5 231 000	1 563 000	2 815 000
Financial Costs	5 253 000	0	1 000	134 000
Financial Balance	−1 765 000	5 231 000	1 562 000	2 681 000
Dividends	1 500 000	4 700 000	900 000	1 000 000
Net Income	1 623 000	8 437 000	4 595 000	5 687 000

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	632 000	1 013 000	997 000	1 333 000
Total Tangible Assets	632 000	1 013 000	997 000	1 333 000
Total Fiancial Fixed Assets	855 000	1 114 000	9 942 000	9 950 000
Total Fixed Assets	1 487 000	2 127 000	10 939 000	11 283 000
Stock	0	0	0	0
Total Investments	32 632 000	31 697 000	18 130 000	15 609 000
Cash, Bank	2 266 000	2 694 000	2 144 000	832 000
Total Current Assets	35 086 000	34 502 000	20 358 000	16 539 000
Total Assets	36 573 000	36 629 000	31 296 000	27 822 000
Total Equity	32 981 000	32 857 000	29 120 000	25 426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	291 000	70 000	120 000	105 000
Unpaid Taxes	236 000	229 000	221 000	227 000
Dividends	1 500 000	4 700 000	900 000	1 000 000
Other Current Debt	568 000	1 057 000	330 000	540 000
Total Current Debt	3 593 000	3 772 000	2 176 000	2 397 000
Total Equity and Debt	36 573 000	36 629 000	31 296 000	27 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,92 %	25,68 %	15,78 %	22,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,2 %	33,1 %	34,5 %	33,76 %
Current Ratio	9,77	9,15	9,36	6,9
Quick Ratio	9,77	9,15	9,36	6,9
Equity Ratio	0,9	0,9	0,93	0,91
Gross Profit Margin	99,79 %	99,72 %	99,64 %	99,68 %