THORKEL OLSEN INVEST AS

3188 HORTEN

Finances

Return on Equity

19,9 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	843 000	970 000	2 295 000	−18 000
Total Assets	5 271 000	5 394 000	5 757 000	4 493 000
Total Equity	4 236 000	3 393 000	4 413 000	4 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	50 000	45 000	45 000	48 000
Operating Profit	−50 000	−45 000	−45 000	−48 000
Financial Income	892 000	1 018 000	2 351 000	26 000
Financial Costs	0	0	0	0
Financial Balance	892 000	1 018 000	2 351 000	26 000
Earnings Before Tax	842 000	973 000	2 305 000	−22 000
Tax	−1 000	3 000	11 000	−4 000
Net Income	843 000	970 000	2 295 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 174 000	3 349 000	3 349 000	3 349 000
Total Current Assets	1 097 000	2 045 000	2 408 000	1 144 000
Total Assets	5 271 000	5 394 000	5 757 000	4 493 000
Total Retained Equity	1 266 000	423 000	1 443 000	1 471 000
Total Equity	4 236 000	3 393 000	4 413 000	4 441 000
Total Long-Term Debt	5 000	7 000	9 000	0
Total Current Debt	1 029 000	1 995 000	1 335 000	51 000
Total Equity and Debt	5 271 000	5 394 000	5 757 000	4 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	50 000	45 000	45 000	48 000
Operating Profit	−50 000	−45 000	−45 000	−48 000
Financial Income	892 000	1 018 000	2 351 000	26 000
Financial Costs	0	0	0	0
Financial Balance	892 000	1 018 000	2 351 000	26 000
Dividends	0	990 000	1 333 000	0
Net Income	843 000	970 000	2 295 000	−18 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 174 000	3 349 000	3 349 000	3 349 000
Total Fixed Assets	4 174 000	3 349 000	3 349 000	3 349 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	95 000	142 000	238 000
Total Current Assets	1 097 000	2 045 000	2 408 000	1 144 000
Total Assets	5 271 000	5 394 000	5 757 000	4 493 000
Total Equity	4 236 000	3 393 000	4 413 000	4 441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	7 000	9 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	990 000	1 333 000	0
Other Current Debt	1 029 000	0	0	51 000
Total Current Debt	1 029 000	1 995 000	1 335 000	51 000
Total Equity and Debt	5 271 000	5 394 000	5 757 000	4 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,9 %	28,59 %	52,01 %	−0,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,07	1,03	1,8	22,43
Quick Ratio	1,07	1,03	1,8	22,43
Equity Ratio	0,8	0,63	0,77	0,99
Gross Profit Margin	-	-	-	-