HÅVARD THORSVIK AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

82,08 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	139 898 000	143 651 000	138 841 000	122 013 000
Net Income	2 616 000	2 420 000	2 457 000	2 258 000
Total Assets	20 159 000	17 403 000	18 233 000	17 613 000
Total Equity	3 187 000	3 072 000	3 152 000	4 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	139 898 000	143 651 000	138 841 000	122 013 000
Expenditure	136 656 000	140 574 000	135 766 000	119 226 000
Operating Profit	3 243 000	3 077 000	3 075 000	2 786 000
Financial Income	114 000	33 000	64 000	126 000
Financial Costs	0	3 000	0	2 000
Financial Balance	114 000	30 000	64 000	124 000
Earnings Before Tax	3 357 000	3 107 000	3 139 000	2 911 000
Tax	741 000	688 000	682 000	653 000
Net Income	2 616 000	2 420 000	2 457 000	2 258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 660 000	1 992 000	1 387 000	1 323 000
Total Current Assets	18 498 000	15 411 000	16 846 000	16 290 000
Total Assets	20 159 000	17 403 000	18 233 000	17 613 000
Total Retained Equity	2 187 000	2 072 000	2 152 000	3 195 000
Total Equity	3 187 000	3 072 000	3 152 000	4 195 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 971 000	14 331 000	15 081 000	13 418 000
Total Equity and Debt	20 159 000	17 403 000	18 233 000	17 613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 465 000	141 369 000	136 837 000	119 416 000
Other Income	3 433 000	2 281 000	2 004 000	2 597 000
Revenue	139 898 000	143 651 000	138 841 000	122 013 000
Cost of Goods Sold	114 972 000	120 049 000	115 155 000	101 000 000
Salary Costs	8 469 000	6 873 000	7 129 000	6 400 000
Depreciation	545 000	589 000	468 000	445 000
Impairment	0	0	0	0
Expenditure	136 656 000	140 574 000	135 766 000	119 226 000
Operating Profit	3 243 000	3 077 000	3 075 000	2 786 000
Financial Income	114 000	33 000	64 000	126 000
Financial Costs	0	3 000	0	2 000
Financial Balance	114 000	30 000	64 000	124 000
Dividends	2 500 000	2 500 000	3 500 000	2 500 000
Net Income	2 616 000	2 420 000	2 457 000	2 258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	34 000	22 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 609 000	1 958 000	1 365 000	1 323 000
Total Tangible Assets	1 609 000	1 958 000	1 365 000	1 323 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 660 000	1 992 000	1 387 000	1 323 000
Stock	8 486 000	6 530 000	6 321 000	6 001 000
Total Investments	0	0	0	0
Cash, Bank	9 302 000	8 151 000	9 846 000	9 831 000
Total Current Assets	18 498 000	15 411 000	16 846 000	16 290 000
Total Assets	20 159 000	17 403 000	18 233 000	17 613 000
Total Equity	3 187 000	3 072 000	3 152 000	4 195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 665 000	8 630 000	8 131 000	7 678 000
Unpaid Taxes	499 000	593 000	640 000	672 000
Dividends	2 500 000	2 500 000	3 500 000	2 500 000
Other Current Debt	2 549 000	1 909 000	2 105 000	1 898 000
Total Current Debt	16 971 000	14 331 000	15 081 000	13 418 000
Total Equity and Debt	20 159 000	17 403 000	18 233 000	17 613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,08 %	78,78 %	77,95 %	53,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,32 %	2,14 %	2,21 %	2,28 %
Current Ratio	1,09	1,08	1,12	1,21
Quick Ratio	2,18	1,98	1,92	2,2
Equity Ratio	0,16	0,18	0,17	0,24
Gross Profit Margin	17,82 %	16,43 %	17,06 %	17,22 %