H2 THOMAS ANGELLS GT AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

82,45 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 100 000	8 983 000	8 837 000	7 869 000
Net Income	860 000	674 000	908 000	707 000
Total Assets	3 600 000	2 823 000	3 203 000	2 873 000
Total Equity	1 043 000	783 000	1 109 000	1 001 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 100 000	8 983 000	8 837 000	7 869 000
Expenditure	9 033 000	8 109 000	7 678 000	6 974 000
Operating Profit	1 067 000	873 000	1 160 000	895 000
Financial Income	41 000	4 000	11 000	30 000
Financial Costs	1 000	7 000	2 000	18 000
Financial Balance	40 000	−3 000	9 000	12 000
Earnings Before Tax	1 106 000	870 000	1 169 000	907 000
Tax	247 000	196 000	261 000	199 000
Net Income	860 000	674 000	908 000	707 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	136 000	75 000	55 000	69 000
Total Current Assets	3 464 000	2 748 000	3 149 000	2 804 000
Total Assets	3 600 000	2 823 000	3 203 000	2 873 000
Total Retained Equity	940 000	680 000	1 006 000	898 000
Total Equity	1 043 000	783 000	1 109 000	1 001 000
Total Long-Term Debt	0	2 000	2 000	3 000
Total Current Debt	2 557 000	2 038 000	2 092 000	1 869 000
Total Equity and Debt	3 600 000	2 823 000	3 203 000	2 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 100 000	8 978 000	8 836 000	7 890 000
Other Income	0	5 000	1 000	−22 000
Revenue	10 100 000	8 983 000	8 837 000	7 869 000
Cost of Goods Sold	1 211 000	1 142 000	1 208 000	737 000
Salary Costs	5 670 000	5 288 000	5 017 000	4 746 000
Depreciation	29 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	9 033 000	8 109 000	7 678 000	6 974 000
Operating Profit	1 067 000	873 000	1 160 000	895 000
Financial Income	41 000	4 000	11 000	30 000
Financial Costs	1 000	7 000	2 000	18 000
Financial Balance	40 000	−3 000	9 000	12 000
Dividends	600 000	0	0	0
Net Income	860 000	674 000	908 000	707 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	6 000	17 000	28 000
Total Intangible Assets	0	6 000	17 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	129 000	69 000	37 000	41 000
Total Tangible Assets	129 000	69 000	37 000	41 000
Total Fiancial Fixed Assets	6 000	0	0	0
Total Fixed Assets	136 000	75 000	55 000	69 000
Stock	184 000	260 000	200 000	342 000
Total Investments	0	0	0	0
Cash, Bank	3 023 000	2 460 000	2 902 000	2 425 000
Total Current Assets	3 464 000	2 748 000	3 149 000	2 804 000
Total Assets	3 600 000	2 823 000	3 203 000	2 873 000
Total Equity	1 043 000	783 000	1 109 000	1 001 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	2 000	3 000
Creditors	348 000	259 000	161 000	274 000
Unpaid Taxes	641 000	477 000	506 000	396 000
Dividends	600 000	0	0	0
Other Current Debt	1 319 000	1 106 000	1 163 000	1 000 000
Total Current Debt	2 557 000	2 038 000	2 092 000	1 869 000
Total Equity and Debt	3 600 000	2 823 000	3 203 000	2 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,45 %	86,08 %	81,88 %	70,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,56 %	9,72 %	13,13 %	11,37 %
Current Ratio	1,35	1,35	1,51	1,5
Quick Ratio	1,46	1,55	1,66	1,84
Equity Ratio	0,29	0,28	0,35	0,35
Gross Profit Margin	88,01 %	87,29 %	86,33 %	90,63 %