THOR FALKEVIK AS

6004 ÅLESUND

Finances

Return on Equity

−48,05 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	680 000	756 000	780 000	2 024 000
Net Income	−247 000	44 000	−141 000	100 000
Total Assets	729 000	942 000	954 000	1 077 000
Total Equity	514 000	761 000	717 000	859 000

Income (NOK)	2022	2021	2020	2019
Revenue	680 000	756 000	780 000	2 024 000
Expenditure	934 000	690 000	921 000	1 921 000
Operating Profit	−253 000	65 000	−141 000	104 000
Financial Income	8 000	6 000	1 000	2 000
Financial Costs	1 000	27 000	1 000	5 000
Financial Balance	7 000	−21 000	0	−3 000
Earnings Before Tax	−247 000	44 000	−141 000	100 000
Tax	0	0	0	0
Net Income	−247 000	44 000	−141 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	393 000	467 000	540 000	524 000
Total Current Assets	336 000	475 000	413 000	553 000
Total Assets	729 000	942 000	954 000	1 077 000
Total Retained Equity	368 000	615 000	571 000	713 000
Total Equity	514 000	761 000	717 000	859 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	215 000	181 000	237 000	218 000
Total Equity and Debt	729 000	942 000	954 000	1 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	652 000	727 000	753 000	1 900 000
Other Income	29 000	29 000	26 000	124 000
Revenue	680 000	756 000	780 000	2 024 000
Cost of Goods Sold	5 000	0	0	99 000
Salary Costs	569 000	331 000	441 000	913 000
Depreciation	53 000	53 000	51 000	28 000
Impairment	0	0	0	0
Expenditure	934 000	690 000	921 000	1 921 000
Operating Profit	−253 000	65 000	−141 000	104 000
Financial Income	8 000	6 000	1 000	2 000
Financial Costs	1 000	27 000	1 000	5 000
Financial Balance	7 000	−21 000	0	−3 000
Dividends	0	0	0	0
Net Income	−247 000	44 000	−141 000	100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	287 000	306 000	325 000	344 000
Machinery and Plant Facilities	9 000	13 000	17 000	0
Fixtures	55 000	85 000	116 000	91 000
Total Tangible Assets	351 000	404 000	458 000	436 000
Total Fiancial Fixed Assets	42 000	62 000	83 000	88 000
Total Fixed Assets	393 000	467 000	540 000	524 000
Stock	0	0	0	0
Total Investments	161 000	154 000	180 000	180 000
Cash, Bank	44 000	88 000	63 000	239 000
Total Current Assets	336 000	475 000	413 000	553 000
Total Assets	729 000	942 000	954 000	1 077 000
Total Equity	514 000	761 000	717 000	859 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	28 000	33 000	9 000
Unpaid Taxes	92 000	44 000	64 000	42 000
Dividends	0	0	0	0
Other Current Debt	115 000	109 000	140 000	167 000
Total Current Debt	215 000	181 000	237 000	218 000
Total Equity and Debt	729 000	942 000	954 000	1 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,05 %	5,78 %	−19,67 %	11,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−37,21 %	8,6 %	−18,08 %	5,14 %
Current Ratio	1,56	2,62	1,74	2,54
Quick Ratio	1,56	2,62	1,74	2,54
Equity Ratio	0,71	0,81	0,75	0,8
Gross Profit Margin	99,26 %	100 %	100 %	95,11 %