A. THORESEN SERVICEVERKSTED AS

8640 HEMNESBERGET

Finances

Share Ownership

Return on Equity

15,3 %

Current Ratio

3,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 362 000	43 143 000	38 512 000	27 442 000
Net Income	3 004 000	4 949 000	3 215 000	1 923 000
Total Assets	26 946 000	25 583 000	23 159 000	21 020 000
Total Equity	19 637 000	16 633 000	11 684 000	9 679 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 362 000	43 143 000	38 512 000	27 442 000
Expenditure	31 557 000	36 844 000	34 450 000	25 160 000
Operating Profit	3 805 000	6 300 000	4 061 000	2 283 000
Financial Income	82 000	74 000	116 000	166 000
Financial Costs	2 000	10 000	28 000	30 000
Financial Balance	80 000	64 000	88 000	136 000
Earnings Before Tax	3 885 000	6 363 000	4 149 000	2 420 000
Tax	881 000	1 414 000	934 000	497 000
Net Income	3 004 000	4 949 000	3 215 000	1 923 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 229 000	1 215 000	1 422 000	1 639 000
Total Current Assets	25 717 000	24 368 000	21 737 000	19 380 000
Total Assets	26 946 000	25 583 000	23 159 000	21 020 000
Total Retained Equity	19 607 000	16 603 000	11 654 000	9 649 000
Total Equity	19 637 000	16 633 000	11 684 000	9 679 000
Total Long-Term Debt	0	0	0	518 000
Total Current Debt	7 309 000	8 950 000	11 475 000	10 823 000
Total Equity and Debt	26 946 000	25 583 000	23 159 000	21 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 341 000	43 045 000	38 512 000	27 197 000
Other Income	20 000	98 000	0	246 000
Revenue	35 362 000	43 143 000	38 512 000	27 442 000
Cost of Goods Sold	25 903 000	31 453 000	30 641 000	21 397 000
Salary Costs	3 858 000	3 624 000	2 196 000	2 146 000
Depreciation	256 000	235 000	228 000	248 000
Impairment	0	0	0	0
Expenditure	31 557 000	36 844 000	34 450 000	25 160 000
Operating Profit	3 805 000	6 300 000	4 061 000	2 283 000
Financial Income	82 000	74 000	116 000	166 000
Financial Costs	2 000	10 000	28 000	30 000
Financial Balance	80 000	64 000	88 000	136 000
Dividends	0	0	610 000	0
Net Income	3 004 000	4 949 000	3 215 000	1 923 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	927 000	907 000	996 000	1 087 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	301 000	308 000	406 000	543 000
Total Tangible Assets	1 229 000	1 215 000	1 402 000	1 629 000
Total Fiancial Fixed Assets	0	0	20 000	10 000
Total Fixed Assets	1 229 000	1 215 000	1 422 000	1 639 000
Stock	22 346 000	13 308 000	10 835 000	12 187 000
Total Investments	0	0	0	0
Cash, Bank	2 376 000	10 035 000	9 700 000	6 040 000
Total Current Assets	25 717 000	24 368 000	21 737 000	19 380 000
Total Assets	26 946 000	25 583 000	23 159 000	21 020 000
Total Equity	19 637 000	16 633 000	11 684 000	9 679 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	518 000
Creditors	5 526 000	6 824 000	9 595 000	9 611 000
Unpaid Taxes	430 000	252 000	113 000	173 000
Dividends	0	0	610 000	0
Other Current Debt	472 000	460 000	222 000	542 000
Total Current Debt	7 309 000	8 950 000	11 475 000	10 823 000
Total Equity and Debt	26 946 000	25 583 000	23 159 000	21 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,3 %	29,75 %	27,52 %	19,87 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	10,76 %	14,6 %	10,54 %	8,32 %
Current Ratio	3,52	2,72	1,89	1,79
Quick Ratio	−1,71	−5,59	33,96	−14,21
Equity Ratio	0,73	0,65	0,5	0,46
Gross Profit Margin	26,75 %	27,1 %	20,44 %	22,03 %