THORSTEINSEN ENTREPRENØR AS

5258 BLOMSTERDALEN

Finances

Return on Equity

5 066,67 %

Current Ratio

1,05

Debt-to-Equity Ratio

−27,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 974 000	116 754 000	64 926 000	52 891 000
Net Income	−3 648 000	1 344 000	8 133 000	1 768 000
Total Assets	33 707 000	35 588 000	25 054 000	16 226 000
Total Equity	−72 000	3 576 000	2 466 000	3 333 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 974 000	116 754 000	64 926 000	52 891 000
Expenditure	111 725 000	115 222 000	54 804 000	50 818 000
Operating Profit	−2 751 000	1 531 000	10 122 000	2 073 000
Financial Income	−140 000	223 000	283 000	208 000
Financial Costs	158 000	86 000	9 000	49 000
Financial Balance	−298 000	137 000	274 000	159 000
Earnings Before Tax	−3 049 000	1 669 000	10 397 000	2 232 000
Tax	599 000	325 000	2 264 000	464 000
Net Income	−3 648 000	1 344 000	8 133 000	1 768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	417 000	1 933 000	2 663 000	1 147 000
Total Current Assets	33 290 000	33 655 000	22 391 000	15 078 000
Total Assets	33 707 000	35 588 000	25 054 000	16 226 000
Total Retained Equity	−1 572 000	2 076 000	966 000	1 833 000
Total Equity	−72 000	3 576 000	2 466 000	3 333 000
Total Long-Term Debt	1 967 000	1 867 000	1 404 000	1 168 000
Total Current Debt	31 812 000	30 145 000	21 184 000	11 725 000
Total Equity and Debt	33 707 000	35 588 000	25 054 000	16 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 974 000	116 754 000	64 120 000	52 891 000
Other Income	0	0	806 000	0
Revenue	108 974 000	116 754 000	64 926 000	52 891 000
Cost of Goods Sold	85 084 000	85 230 000	33 487 000	31 181 000
Salary Costs	19 950 000	22 013 000	14 551 000	14 494 000
Depreciation	203 000	198 000	381 000	346 000
Impairment	0	0	0	0
Expenditure	111 725 000	115 222 000	54 804 000	50 818 000
Operating Profit	−2 751 000	1 531 000	10 122 000	2 073 000
Financial Income	−140 000	223 000	283 000	208 000
Financial Costs	158 000	86 000	9 000	49 000
Financial Balance	−298 000	137 000	274 000	159 000
Dividends	0	0	9 000 000	1 300 000
Net Income	−3 648 000	1 344 000	8 133 000	1 768 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	3 000	43 000
Total Intangible Assets	0	599 000	324 000	671 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	288 000
Fixtures	413 000	456 000	300 000	189 000
Total Tangible Assets	413 000	456 000	300 000	476 000
Total Fiancial Fixed Assets	4 000	878 000	2 039 000	0
Total Fixed Assets	417 000	1 933 000	2 663 000	1 147 000
Stock	0	0	0	0
Total Investments	1 967 000	1 867 000	1 404 000	1 024 000
Cash, Bank	2 060 000	5 627 000	3 004 000	786 000
Total Current Assets	33 290 000	33 655 000	22 391 000	15 078 000
Total Assets	33 707 000	35 588 000	25 054 000	16 226 000
Total Equity	−72 000	3 576 000	2 466 000	3 333 000
Short-Term Group Debt	0	0	0	4 234 000
Total Long-Term Debt	1 967 000	1 867 000	1 404 000	1 168 000
Creditors	10 125 000	11 245 000	6 005 000	3 320 000
Unpaid Taxes	2 324 000	2 679 000	2 860 000	1 922 000
Dividends	0	0	9 000 000	1 300 000
Other Current Debt	19 362 000	15 684 000	1 361 000	1 309 000
Total Current Debt	31 812 000	30 145 000	21 184 000	11 725 000
Total Equity and Debt	33 707 000	35 588 000	25 054 000	16 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5 066,67 %	37,58 %	329,81 %	53,05 %
Debt-to-Equity Ratio	−27,32	0,52	0,57	0,35
Operating Profit Margin	−2,52 %	1,31 %	15,59 %	3,92 %
Current Ratio	1,05	1,12	1,06	1,29
Quick Ratio	1,05	1,12	1,06	1,29
Equity Ratio	−0	0,1	0,1	0,21
Gross Profit Margin	21,92 %	27 %	48,42 %	41,05 %