THERMO CONTROL NORD AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

30,24 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 827 000	35 906 000	27 202 000	20 959 000
Net Income	1 658 000	2 581 000	3 402 000	1 447 000
Total Assets	13 124 000	12 716 000	11 338 000	8 505 000
Total Equity	5 482 000	3 923 000	3 843 000	4 941 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 827 000	35 906 000	27 202 000	20 959 000
Expenditure	35 677 000	32 685 000	22 821 000	19 080 000
Operating Profit	2 150 000	3 221 000	4 381 000	1 879 000
Financial Income	4 000	98 000	2 000	3 000
Financial Costs	27 000	38 000	21 000	24 000
Financial Balance	−23 000	60 000	−19 000	−21 000
Earnings Before Tax	2 127 000	3 281 000	4 361 000	1 858 000
Tax	469 000	701 000	960 000	412 000
Net Income	1 658 000	2 581 000	3 402 000	1 447 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 183 000	1 420 000	342 000	338 000
Total Current Assets	11 941 000	11 295 000	10 996 000	8 167 000
Total Assets	13 124 000	12 716 000	11 338 000	8 505 000
Total Retained Equity	3 192 000	1 633 000	1 553 000	2 651 000
Total Equity	5 482 000	3 923 000	3 843 000	4 941 000
Total Long-Term Debt	1 000	34 000	13 000	0
Total Current Debt	7 642 000	8 759 000	7 483 000	3 564 000
Total Equity and Debt	13 124 000	12 716 000	11 338 000	8 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 823 000	35 906 000	27 202 000	20 959 000
Other Income	4 000	0	0	0
Revenue	37 827 000	35 906 000	27 202 000	20 959 000
Cost of Goods Sold	18 341 000	18 156 000	14 893 000	11 506 000
Salary Costs	12 149 000	10 114 000	5 675 000	5 427 000
Depreciation	399 000	244 000	124 000	96 000
Impairment	0	0	0	0
Expenditure	35 677 000	32 685 000	22 821 000	19 080 000
Operating Profit	2 150 000	3 221 000	4 381 000	1 879 000
Financial Income	4 000	98 000	2 000	3 000
Financial Costs	27 000	38 000	21 000	24 000
Financial Balance	−23 000	60 000	−19 000	−21 000
Dividends	100 000	2 500 000	4 500 000	1 500 000
Net Income	1 658 000	2 581 000	3 402 000	1 447 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	170 000	243 000	0	0
Total Intangible Assets	170 000	243 000	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	298 000	328 000	148 000	196 000
Fixtures	715 000	850 000	194 000	140 000
Total Tangible Assets	1 013 000	1 178 000	342 000	336 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 183 000	1 420 000	342 000	338 000
Stock	2 890 000	2 101 000	1 458 000	1 078 000
Total Investments	0	0	0	0
Cash, Bank	276 000	2 361 000	5 031 000	3 281 000
Total Current Assets	11 941 000	11 295 000	10 996 000	8 167 000
Total Assets	13 124 000	12 716 000	11 338 000	8 505 000
Total Equity	5 482 000	3 923 000	3 843 000	4 941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	34 000	13 000	0
Creditors	2 383 000	1 691 000	1 248 000	937 000
Unpaid Taxes	1 928 000	1 689 000	1 197 000	1 284 000
Dividends	100 000	2 500 000	4 500 000	1 500 000
Other Current Debt	2 729 000	2 199 000	1 093 000	921 000
Total Current Debt	7 642 000	8 759 000	7 483 000	3 564 000
Total Equity and Debt	13 124 000	12 716 000	11 338 000	8 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,24 %	65,79 %	88,52 %	29,29 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	5,68 %	8,97 %	16,11 %	8,97 %
Current Ratio	1,56	1,29	1,47	2,29
Quick Ratio	2,51	1,7	1,83	3,29
Equity Ratio	0,42	0,31	0,34	0,58
Gross Profit Margin	51,51 %	49,43 %	45,25 %	45,1 %