THERMOFRAKT AS

7224 MELHUS

Finances

Share Ownership

Return on Equity

−185,24 %

Current Ratio

0,18

Debt-to-Equity Ratio

13,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 969 000	2 508 000	2 856 000	3 717 000
Net Income	−389 000	10 000	20 000	40 000
Total Assets	4 356 000	5 504 000	5 215 000	5 273 000
Total Equity	210 000	580 000	590 000	559 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 969 000	2 508 000	2 856 000	3 717 000
Expenditure	6 270 000	2 221 000	2 618 000	3 496 000
Operating Profit	−301 000	287 000	239 000	221 000
Financial Income	0	0	0	0
Financial Costs	223 000	249 000	199 000	170 000
Financial Balance	−223 000	−249 000	−199 000	−170 000
Earnings Before Tax	−524 000	38 000	40 000	51 000
Tax	−136 000	29 000	20 000	11 000
Net Income	−389 000	10 000	20 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 115 000	4 101 000	4 092 000	4 353 000
Total Current Assets	242 000	1 402 000	1 122 000	920 000
Total Assets	4 356 000	5 504 000	5 215 000	5 273 000
Total Retained Equity	27 000	397 000	407 000	376 000
Total Equity	210 000	580 000	590 000	559 000
Total Long-Term Debt	2 774 000	3 705 000	4 283 000	4 113 000
Total Current Debt	1 372 000	1 219 000	342 000	601 000
Total Equity and Debt	4 356 000	5 504 000	5 215 000	5 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 969 000	2 268 000	2 319 000	3 374 000
Other Income	0	241 000	538 000	343 000
Revenue	5 969 000	2 508 000	2 856 000	3 717 000
Cost of Goods Sold	1 805 000	6 000	73 000	40 000
Salary Costs	2 074 000	683 000	946 000	1 543 000
Depreciation	230 000	294 000	302 000	535 000
Impairment	0	0	0	0
Expenditure	6 270 000	2 221 000	2 618 000	3 496 000
Operating Profit	−301 000	287 000	239 000	221 000
Financial Income	0	0	0	0
Financial Costs	223 000	249 000	199 000	170 000
Financial Balance	−223 000	−249 000	−199 000	−170 000
Dividends	0	0	0	0
Net Income	−389 000	10 000	20 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	82 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 054 000	3 980 000	4 011 000	4 312 000
Total Tangible Assets	4 054 000	3 980 000	4 011 000	4 312 000
Total Fiancial Fixed Assets	−21 000	121 000	82 000	41 000
Total Fixed Assets	4 115 000	4 101 000	4 092 000	4 353 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−84 000	491 000	67 000	356 000
Total Current Assets	242 000	1 402 000	1 122 000	920 000
Total Assets	4 356 000	5 504 000	5 215 000	5 273 000
Total Equity	210 000	580 000	590 000	559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 774 000	3 705 000	4 283 000	4 113 000
Creditors	602 000	489 000	31 000	4 000
Unpaid Taxes	480 000	496 000	184 000	260 000
Dividends	0	0	0	0
Other Current Debt	293 000	237 000	130 000	336 000
Total Current Debt	1 372 000	1 219 000	342 000	601 000
Total Equity and Debt	4 356 000	5 504 000	5 215 000	5 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−185,24 %	1,72 %	3,39 %	7,16 %
Debt-to-Equity Ratio	13,21	6,39	7,26	7,36
Operating Profit Margin	−5,04 %	11,44 %	8,37 %	5,95 %
Current Ratio	0,18	1,15	3,28	1,53
Quick Ratio	0,18	1,15	3,28	1,53
Equity Ratio	0,05	0,11	0,11	0,11
Gross Profit Margin	69,76 %	99,76 %	97,44 %	98,92 %