THORVIK TRADING AS

0265 OSLO

Finances

Share Ownership

Return on Equity

122,06 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	645 000	728 000	686 000	592 000
Net Income	83 000	−5 000	−39 000	352 000
Total Assets	192 000	186 000	202 000	131 000
Total Equity	68 000	−15 000	−10 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	645 000	728 000	686 000	592 000
Expenditure	557 000	729 000	725 000	239 000
Operating Profit	88 000	0	−38 000	353 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	1 000	1 000
Financial Balance	−5 000	−5 000	−1 000	−1 000
Earnings Before Tax	83 000	−5 000	−39 000	352 000
Tax	0	0	0	0
Net Income	83 000	−5 000	−39 000	352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	192 000	186 000	202 000	131 000
Total Assets	192 000	186 000	202 000	131 000
Total Retained Equity	−32 000	−115 000	−110 000	−70 000
Total Equity	68 000	−15 000	−10 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	123 000	201 000	212 000	101 000
Total Equity and Debt	192 000	186 000	202 000	131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	669 000	775 000	525 000	592 000
Other Income	−24 000	−46 000	161 000	0
Revenue	645 000	728 000	686 000	592 000
Cost of Goods Sold	0	16 000	0	0
Salary Costs	456 000	571 000	603 000	125 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	557 000	729 000	725 000	239 000
Operating Profit	88 000	0	−38 000	353 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	1 000	1 000
Financial Balance	−5 000	−5 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	83 000	−5 000	−39 000	352 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 000	57 000	7 000	25 000
Total Current Assets	192 000	186 000	202 000	131 000
Total Assets	192 000	186 000	202 000	131 000
Total Equity	68 000	−15 000	−10 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	0	1 000	0
Unpaid Taxes	78 000	177 000	152 000	77 000
Dividends	0	0	0	0
Other Current Debt	2 000	24 000	59 000	24 000
Total Current Debt	123 000	201 000	212 000	101 000
Total Equity and Debt	192 000	186 000	202 000	131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,06 %	33,33 %	390 %	1 173,33 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	13,64 %	0 %	−5,54 %	59,63 %
Current Ratio	1,56	0,93	0,95	1,3
Quick Ratio	1,56	0,93	0,95	1,3
Equity Ratio	0,35	−0,08	−0,05	0,23
Gross Profit Margin	100 %	97,8 %	100 %	100 %