THORSTENSEN JERN OG FARGE AS

0565 OSLO

Finances

Share Ownership

Return on Equity

23,56 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 338 000	18 254 000	18 543 000	12 086 000
Net Income	767 000	1 414 000	1 966 000	334 000
Total Assets	6 907 000	7 059 000	7 653 000	5 937 000
Total Equity	3 255 000	2 488 000	3 574 000	2 607 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 338 000	18 254 000	18 543 000	12 086 000
Expenditure	14 347 000	16 433 000	16 023 000	11 657 000
Operating Profit	991 000	1 820 000	2 520 000	429 000
Financial Income	0	0	5 000	2 000
Financial Costs	7 000	0	1 000	0
Financial Balance	−7 000	0	4 000	2 000
Earnings Before Tax	985 000	1 819 000	2 524 000	431 000
Tax	219 000	405 000	558 000	97 000
Net Income	767 000	1 414 000	1 966 000	334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	458 000	140 000	409 000	424 000
Total Current Assets	6 449 000	6 919 000	7 244 000	5 513 000
Total Assets	6 907 000	7 059 000	7 653 000	5 937 000
Total Retained Equity	2 515 000	1 748 000	2 834 000	1 867 000
Total Equity	3 255 000	2 488 000	3 574 000	2 607 000
Total Long-Term Debt	241 000	0	0	1 484 000
Total Current Debt	3 411 000	4 571 000	4 079 000	1 846 000
Total Equity and Debt	6 907 000	7 059 000	7 653 000	5 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 338 000	18 254 000	18 543 000	12 086 000
Other Income	0	0	0	0
Revenue	15 338 000	18 254 000	18 543 000	12 086 000
Cost of Goods Sold	8 575 000	10 174 000	10 259 000	6 895 000
Salary Costs	3 567 000	3 846 000	3 593 000	2 799 000
Depreciation	59 000	9 000	2 000	55 000
Impairment	0	0	0	0
Expenditure	14 347 000	16 433 000	16 023 000	11 657 000
Operating Profit	991 000	1 820 000	2 520 000	429 000
Financial Income	0	0	5 000	2 000
Financial Costs	7 000	0	1 000	0
Financial Balance	−7 000	0	4 000	2 000
Dividends	0	0	1 000 000	0
Net Income	767 000	1 414 000	1 966 000	334 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	30 000	35 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	30 000	38 000	0
Fixtures	398 000	52 000	0	0
Total Tangible Assets	420 000	82 000	38 000	0
Total Fiancial Fixed Assets	28 000	28 000	336 000	380 000
Total Fixed Assets	458 000	140 000	409 000	424 000
Stock	4 494 000	4 567 000	3 972 000	3 445 000
Total Investments	0	0	0	0
Cash, Bank	1 448 000	2 042 000	2 612 000	1 624 000
Total Current Assets	6 449 000	6 919 000	7 244 000	5 513 000
Total Assets	6 907 000	7 059 000	7 653 000	5 937 000
Total Equity	3 255 000	2 488 000	3 574 000	2 607 000
Short-Term Group Debt	1 693 000	2 193 000	0	97 000
Total Long-Term Debt	241 000	0	0	1 484 000
Creditors	553 000	653 000	1 073 000	779 000
Unpaid Taxes	560 000	571 000	723 000	316 000
Dividends	0	0	1 000 000	0
Other Current Debt	407 000	755 000	735 000	575 000
Total Current Debt	3 411 000	4 571 000	4 079 000	1 846 000
Total Equity and Debt	6 907 000	7 059 000	7 653 000	5 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,56 %	56,83 %	55,01 %	12,81 %
Debt-to-Equity Ratio	0,07	0	0	0,57
Operating Profit Margin	6,46 %	9,97 %	13,59 %	3,55 %
Current Ratio	1,89	1,51	1,78	2,99
Quick Ratio	−5,95	1 729,75	67,7	−3,45
Equity Ratio	0,47	0,35	0,47	0,44
Gross Profit Margin	44,09 %	44,26 %	44,67 %	42,95 %