THOR E. GROTLE TRANSPORT AS

3683 NOTODDEN

Finances

Share Ownership

Return on Equity

−349,36 %

Current Ratio

0,92

Debt-to-Equity Ratio

−1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 725 000	5 005 000	6 094 000	9 072 000
Net Income	545 000	372 000	761 000	512 000
Total Assets	1 609 000	1 124 000	1 123 000	1 576 000
Total Equity	−156 000	−701 000	−1 073 000	−1 834 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 725 000	5 005 000	6 094 000	9 072 000
Expenditure	4 104 000	4 528 000	5 197 000	8 309 000
Operating Profit	620 000	478 000	897 000	762 000
Financial Income	0	0	0	0
Financial Costs	84 000	106 000	136 000	250 000
Financial Balance	−84 000	−106 000	−136 000	−250 000
Earnings Before Tax	536 000	372 000	761 000	512 000
Tax	−9 000	0	0	0
Net Income	545 000	372 000	761 000	512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	196 000	225 000	274 000	712 000
Total Current Assets	1 412 000	899 000	849 000	864 000
Total Assets	1 609 000	1 124 000	1 123 000	1 576 000
Total Retained Equity	−256 000	−801 000	−1 173 000	−1 934 000
Total Equity	−156 000	−701 000	−1 073 000	−1 834 000
Total Long-Term Debt	235 000	453 000	671 000	834 000
Total Current Debt	1 529 000	1 372 000	1 525 000	2 577 000
Total Equity and Debt	1 609 000	1 124 000	1 123 000	1 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 715 000	4 871 000	3 167 000	7 551 000
Other Income	10 000	134 000	2 927 000	1 521 000
Revenue	4 725 000	5 005 000	6 094 000	9 072 000
Cost of Goods Sold	233 000	173 000	1 444 000	412 000
Salary Costs	1 722 000	1 905 000	1 468 000	2 525 000
Depreciation	56 000	71 000	129 000	369 000
Impairment	0	0	0	0
Expenditure	4 104 000	4 528 000	5 197 000	8 309 000
Operating Profit	620 000	478 000	897 000	762 000
Financial Income	0	0	0	0
Financial Costs	84 000	106 000	136 000	250 000
Financial Balance	−84 000	−106 000	−136 000	−250 000
Dividends	0	0	0	0
Net Income	545 000	372 000	761 000	512 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	58 000	68 000	78 000	88 000
Fixtures	129 000	157 000	196 000	381 000
Total Tangible Assets	187 000	225 000	274 000	469 000
Total Fiancial Fixed Assets	0	0	0	243 000
Total Fixed Assets	196 000	225 000	274 000	712 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	135 000	82 000	82 000
Total Current Assets	1 412 000	899 000	849 000	864 000
Total Assets	1 609 000	1 124 000	1 123 000	1 576 000
Total Equity	−156 000	−701 000	−1 073 000	−1 834 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	235 000	453 000	671 000	834 000
Creditors	542 000	237 000	355 000	797 000
Unpaid Taxes	465 000	396 000	379 000	375 000
Dividends	0	0	0	0
Other Current Debt	166 000	332 000	262 000	990 000
Total Current Debt	1 529 000	1 372 000	1 525 000	2 577 000
Total Equity and Debt	1 609 000	1 124 000	1 123 000	1 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−349,36 %	−53,07 %	−70,92 %	−27,92 %
Debt-to-Equity Ratio	−1,51	−0,65	−0,63	−0,45
Operating Profit Margin	13,12 %	9,55 %	14,72 %	8,4 %
Current Ratio	0,92	0,66	0,56	0,34
Quick Ratio	0,92	0,66	0,56	0,34
Equity Ratio	−0,1	−0,62	−0,96	−1,16
Gross Profit Margin	95,07 %	96,54 %	76,3 %	95,46 %