THORLEIF AAS AS

1870 ØRJE

Finances

Share Ownership

Return on Equity

−55,1 %

Current Ratio

3,18

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 149 000	6 323 000	8 445 000	8 073 000
Net Income	−1 010 000	−588 000	−192 000	−235 000
Total Assets	6 292 000	7 796 000	8 621 000	8 832 000
Total Equity	1 833 000	2 843 000	3 431 000	3 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 149 000	6 323 000	8 445 000	8 073 000
Expenditure	7 346 000	7 004 000	8 601 000	8 262 000
Operating Profit	−1 196 000	−682 000	−155 000	−188 000
Financial Income	13 000	4 000	3 000	9 000
Financial Costs	113 000	75 000	94 000	122 000
Financial Balance	−100 000	−71 000	−91 000	−113 000
Earnings Before Tax	−1 295 000	−753 000	−246 000	−301 000
Tax	−285 000	−166 000	−54 000	−66 000
Net Income	−1 010 000	−588 000	−192 000	−235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 459 000	3 313 000	4 562 000	5 272 000
Total Current Assets	2 833 000	4 483 000	4 058 000	3 559 000
Total Assets	6 292 000	7 796 000	8 621 000	8 832 000
Total Retained Equity	1 733 000	2 743 000	3 331 000	3 523 000
Total Equity	1 833 000	2 843 000	3 431 000	3 623 000
Total Long-Term Debt	3 568 000	3 719 000	3 899 000	4 079 000
Total Current Debt	892 000	1 234 000	1 291 000	1 130 000
Total Equity and Debt	6 292 000	7 796 000	8 621 000	8 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 078 000	6 323 000	8 325 000	7 933 000
Other Income	71 000	0	120 000	140 000
Revenue	6 149 000	6 323 000	8 445 000	8 073 000
Cost of Goods Sold	−103 000	180 000	1 010 000	−118 000
Salary Costs	2 710 000	2 787 000	3 083 000	3 459 000
Depreciation	1 280 000	1 415 000	1 709 000	1 515 000
Impairment	0	0	0	0
Expenditure	7 346 000	7 004 000	8 601 000	8 262 000
Operating Profit	−1 196 000	−682 000	−155 000	−188 000
Financial Income	13 000	4 000	3 000	9 000
Financial Costs	113 000	75 000	94 000	122 000
Financial Balance	−100 000	−71 000	−91 000	−113 000
Dividends	0	0	0	0
Net Income	−1 010 000	−588 000	−192 000	−235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	835 000	550 000	385 000	330 000
Real Eastate	39 000	39 000	39 000	39 000
Machinery and Plant Facilities	1 080 000	0	0	0
Fixtures	1 505 000	2 724 000	4 139 000	4 903 000
Total Tangible Assets	2 624 000	2 762 000	4 178 000	4 942 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 459 000	3 313 000	4 562 000	5 272 000
Stock	1 553 000	1 400 000	1 152 000	1 974 000
Total Investments	0	0	0	0
Cash, Bank	879 000	2 617 000	2 186 000	1 197 000
Total Current Assets	2 833 000	4 483 000	4 058 000	3 559 000
Total Assets	6 292 000	7 796 000	8 621 000	8 832 000
Total Equity	1 833 000	2 843 000	3 431 000	3 623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 568 000	3 719 000	3 899 000	4 079 000
Creditors	39 000	118 000	151 000	229 000
Unpaid Taxes	205 000	527 000	528 000	296 000
Dividends	0	0	0	0
Other Current Debt	648 000	589 000	611 000	605 000
Total Current Debt	892 000	1 234 000	1 291 000	1 130 000
Total Equity and Debt	6 292 000	7 796 000	8 621 000	8 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,1 %	−20,68 %	−5,6 %	−6,49 %
Debt-to-Equity Ratio	1,95	1,31	1,14	1,13
Operating Profit Margin	−19,45 %	−10,79 %	−1,84 %	−2,33 %
Current Ratio	3,18	3,63	3,14	3,15
Quick Ratio	−4,29	−27,01	29,19	−4,22
Equity Ratio	0,29	0,36	0,4	0,41
Gross Profit Margin	101,68 %	97,15 %	88,04 %	101,46 %