THERMO-TRANSIT NORGE AS

2016 FROGNER

Finances

Return on Equity

20,97 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 207 496 000	997 573 000	919 067 000	810 422 000
Net Income	19 811 000	21 511 000	25 770 000	5 830 000
Total Assets	225 416 000	216 266 000	194 091 000	151 705 000
Total Equity	94 456 000	74 645 000	73 134 000	47 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 207 496 000	997 573 000	919 067 000	810 422 000
Expenditure	1 184 261 000	970 700 000	885 341 000	802 405 000
Operating Profit	23 235 000	26 873 000	33 726 000	8 017 000
Financial Income	10 595 000	3 113 000	4 471 000	1 471 000
Financial Costs	8 336 000	2 369 000	5 129 000	1 897 000
Financial Balance	2 259 000	744 000	−658 000	−426 000
Earnings Before Tax	25 494 000	27 617 000	33 068 000	7 590 000
Tax	5 682 000	6 105 000	7 298 000	1 760 000
Net Income	19 811 000	21 511 000	25 770 000	5 830 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 124 000	12 665 000	8 800 000	5 409 000
Total Current Assets	206 292 000	203 601 000	185 291 000	146 296 000
Total Assets	225 416 000	216 266 000	194 091 000	151 705 000
Total Retained Equity	94 171 000	74 360 000	72 849 000	47 078 000
Total Equity	94 456 000	74 645 000	73 134 000	47 363 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	130 960 000	141 621 000	120 958 000	104 342 000
Total Equity and Debt	225 416 000	216 266 000	194 091 000	151 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 207 496 000	997 573 000	919 067 000	810 422 000
Other Income	0	0	0	0
Revenue	1 207 496 000	997 573 000	919 067 000	810 422 000
Cost of Goods Sold	1 051 540 000	859 237 000	794 250 000	712 990 000
Salary Costs	79 974 000	69 902 000	59 580 000	59 623 000
Depreciation	3 306 000	2 897 000	2 135 000	1 884 000
Impairment	0	0	0	0
Expenditure	1 184 261 000	970 700 000	885 341 000	802 405 000
Operating Profit	23 235 000	26 873 000	33 726 000	8 017 000
Financial Income	10 595 000	3 113 000	4 471 000	1 471 000
Financial Costs	8 336 000	2 369 000	5 129 000	1 897 000
Financial Balance	2 259 000	744 000	−658 000	−426 000
Dividends	0	20 000 000	0	0
Net Income	19 811 000	21 511 000	25 770 000	5 830 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	543 000	405 000	398 000	316 000
Real Eastate	7 008 000	2 607 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 841 000	6 008 000	4 833 000	4 471 000
Total Tangible Assets	12 849 000	8 615 000	4 833 000	4 471 000
Total Fiancial Fixed Assets	5 732 000	3 644 000	3 568 000	621 000
Total Fixed Assets	19 124 000	12 665 000	8 800 000	5 409 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 246 000	76 993 000	74 289 000	54 804 000
Total Current Assets	206 292 000	203 601 000	185 291 000	146 296 000
Total Assets	225 416 000	216 266 000	194 091 000	151 705 000
Total Equity	94 456 000	74 645 000	73 134 000	47 363 000
Short-Term Group Debt	10 726 000	0	0	10 000 000
Total Long-Term Debt	0	0	0	0
Creditors	79 143 000	98 117 000	96 151 000	75 275 000
Unpaid Taxes	7 870 000	4 277 000	4 722 000	3 793 000
Dividends	0	20 000 000	0	0
Other Current Debt	27 401 000	13 115 000	12 705 000	13 438 000
Total Current Debt	130 960 000	141 621 000	120 958 000	104 342 000
Total Equity and Debt	225 416 000	216 266 000	194 091 000	151 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,97 %	28,82 %	35,24 %	12,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,92 %	2,69 %	3,67 %	0,99 %
Current Ratio	1,58	1,44	1,53	1,4
Quick Ratio	1,58	1,44	1,53	1,4
Equity Ratio	0,42	0,35	0,38	0,31
Gross Profit Margin	12,92 %	13,87 %	13,58 %	12,02 %