THOLFSEN INVEST AS

3256 LARVIK

Finances

Return on Equity

19,04 %

Current Ratio

0,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	202 000	193 000	188 000	159 000
Net Income	206 000	201 000	386 000	48 000
Total Assets	1 440 000	1 489 000	1 498 000	1 556 000
Total Equity	1 082 000	875 000	674 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	202 000	193 000	188 000	159 000
Expenditure	21 000	4 000	0	26 000
Operating Profit	181 000	189 000	188 000	133 000
Financial Income	143 000	66 000	280 000	31 000
Financial Costs	67 000	4 000	34 000	84 000
Financial Balance	76 000	62 000	246 000	−53 000
Earnings Before Tax	257 000	251 000	434 000	80 000
Tax	51 000	50 000	48 000	32 000
Net Income	206 000	201 000	386 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 294 000	1 335 000	1 271 000	1 352 000
Total Current Assets	145 000	154 000	227 000	203 000
Total Assets	1 440 000	1 489 000	1 498 000	1 556 000
Total Retained Equity	977 000	770 000	569 000	184 000
Total Equity	1 082 000	875 000	674 000	289 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	358 000	613 000	823 000	1 267 000
Total Equity and Debt	1 440 000	1 489 000	1 498 000	1 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	202 000	193 000	188 000	159 000
Other Income	0	0	0	0
Revenue	202 000	193 000	188 000	159 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	4 000	0	26 000
Operating Profit	181 000	189 000	188 000	133 000
Financial Income	143 000	66 000	280 000	31 000
Financial Costs	67 000	4 000	34 000	84 000
Financial Balance	76 000	62 000	246 000	−53 000
Dividends	0	0	0	0
Net Income	206 000	201 000	386 000	48 000

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	1 294 000	1 335 000	1 271 000	1 352 000
Total Fixed Assets	1 294 000	1 335 000	1 271 000	1 352 000
Stock	0	0	0	0
Total Investments	143 000	141 000	140 000	177 000
Cash, Bank	2 000	12 000	81 000	27 000
Total Current Assets	145 000	154 000	227 000	203 000
Total Assets	1 440 000	1 489 000	1 498 000	1 556 000
Total Equity	1 082 000	875 000	674 000	289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	48 000	47 000	47 000	33 000
Dividends	0	0	0	0
Other Current Debt	260 000	516 000	728 000	1 202 000
Total Current Debt	358 000	613 000	823 000	1 267 000
Total Equity and Debt	1 440 000	1 489 000	1 498 000	1 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,04 %	22,97 %	57,27 %	16,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	89,6 %	97,93 %	100 %	83,65 %
Current Ratio	0,41	0,25	0,28	0,16
Quick Ratio	0,41	0,25	0,28	0,16
Equity Ratio	0,75	0,59	0,45	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %