THERMO KING NORGE AS

0668 OSLO

Finances

Return on Equity

32,43 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	159 962 000	145 234 000	128 447 000	120 783 000
Net Income	6 951 000	7 165 000	6 625 000	1 548 000
Total Assets	60 613 000	55 356 000	64 262 000	46 349 000
Total Equity	21 431 000	20 481 000	21 416 000	20 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	159 962 000	145 234 000	128 447 000	120 783 000
Expenditure	151 170 000	135 981 000	119 936 000	118 914 000
Operating Profit	8 792 000	9 253 000	8 512 000	1 869 000
Financial Income	375 000	21 000	44 000	179 000
Financial Costs	339 000	89 000	61 000	62 000
Financial Balance	36 000	−68 000	−17 000	117 000
Earnings Before Tax	8 828 000	9 185 000	8 495 000	1 987 000
Tax	1 877 000	2 021 000	1 870 000	438 000
Net Income	6 951 000	7 165 000	6 625 000	1 548 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 665 000	3 207 000	6 099 000	5 093 000
Total Current Assets	57 948 000	52 150 000	58 163 000	41 256 000
Total Assets	60 613 000	55 356 000	64 262 000	46 349 000
Total Retained Equity	18 731 000	17 781 000	18 716 000	18 091 000
Total Equity	21 431 000	20 481 000	21 416 000	20 791 000
Total Long-Term Debt	1 274 000	1 427 000	1 575 000	1 722 000
Total Current Debt	37 907 000	33 449 000	41 271 000	23 836 000
Total Equity and Debt	60 613 000	55 356 000	64 262 000	46 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	159 962 000	145 234 000	128 410 000	120 648 000
Other Income	0	0	38 000	135 000
Revenue	159 962 000	145 234 000	128 447 000	120 783 000
Cost of Goods Sold	96 782 000	85 393 000	69 301 000	70 515 000
Salary Costs	37 520 000	35 512 000	35 167 000	32 941 000
Depreciation	818 000	916 000	1 651 000	1 073 000
Impairment	0	0	0	0
Expenditure	151 170 000	135 981 000	119 936 000	118 914 000
Operating Profit	8 792 000	9 253 000	8 512 000	1 869 000
Financial Income	375 000	21 000	44 000	179 000
Financial Costs	339 000	89 000	61 000	62 000
Financial Balance	36 000	−68 000	−17 000	117 000
Dividends	6 000 000	0	6 000 000	0
Net Income	6 951 000	7 165 000	6 625 000	1 548 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	610 000	545 000	473 000	374 000
Real Eastate	130 000	29 000	73 000	207 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 200 000	1 909 000	3 962 000	3 788 000
Total Tangible Assets	1 330 000	1 938 000	4 035 000	3 995 000
Total Fiancial Fixed Assets	725 000	725 000	1 591 000	725 000
Total Fixed Assets	2 665 000	3 207 000	6 099 000	5 093 000
Stock	28 764 000	18 735 000	25 826 000	15 128 000
Total Investments	0	0	0	0
Cash, Bank	180 000	10 797 000	13 219 000	5 775 000
Total Current Assets	57 948 000	52 150 000	58 163 000	41 256 000
Total Assets	60 613 000	55 356 000	64 262 000	46 349 000
Total Equity	21 431 000	20 481 000	21 416 000	20 791 000
Short-Term Group Debt	1 722 000	7 466 000	233 000	1 306 000
Total Long-Term Debt	1 274 000	1 427 000	1 575 000	1 722 000
Creditors	9 522 000	7 711 000	16 991 000	9 414 000
Unpaid Taxes	9 231 000	7 519 000	7 455 000	5 507 000
Dividends	6 000 000	0	6 000 000	0
Other Current Debt	8 767 000	8 660 000	8 622 000	7 187 000
Total Current Debt	37 907 000	33 449 000	41 271 000	23 836 000
Total Equity and Debt	60 613 000	55 356 000	64 262 000	46 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,43 %	34,98 %	30,93 %	7,45 %
Debt-to-Equity Ratio	0,06	0,07	0,07	0,08
Operating Profit Margin	5,5 %	6,37 %	6,63 %	1,55 %
Current Ratio	1,53	1,56	1,41	1,73
Quick Ratio	6,34	3,54	3,77	4,74
Equity Ratio	0,35	0,37	0,33	0,45
Gross Profit Margin	39,5 %	41,2 %	46,05 %	41,62 %