TH FORSELL AS

4041 HAFRSFJORD

Finances

Share Ownership

Return on Equity

0,69 %

Current Ratio

5,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 000	292 000	210 000	262 000
Net Income	87 000	180 000	187 000	209 000
Total Assets	13 368 000	13 518 000	14 627 000	15 164 000
Total Equity	12 548 000	13 210 000	13 031 000	14 343 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 000	292 000	210 000	262 000
Expenditure	228 000	163 000	99 000	132 000
Operating Profit	63 000	128 000	111 000	130 000
Financial Income	109 000	90 000	132 000	125 000
Financial Costs	45 000	−1 000	0	0
Financial Balance	64 000	91 000	132 000	125 000
Earnings Before Tax	127 000	219 000	243 000	254 000
Tax	40 000	39 000	56 000	45 000
Net Income	87 000	180 000	187 000	209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 716 000	8 697 000	7 342 000	7 270 000
Total Current Assets	4 653 000	4 821 000	7 285 000	7 894 000
Total Assets	13 368 000	13 518 000	14 627 000	15 164 000
Total Retained Equity	12 398 000	13 060 000	12 881 000	14 193 000
Total Equity	12 548 000	13 210 000	13 031 000	14 343 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	821 000	307 000	1 596 000	821 000
Total Equity and Debt	13 368 000	13 518 000	14 627 000	15 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 000	99 000	18 000	9 000
Other Income	174 000	193 000	192 000	253 000
Revenue	291 000	292 000	210 000	262 000
Cost of Goods Sold	74 000	59 000	9 000	0
Salary Costs	10 000	1 000	1 000	−6 000
Depreciation	0	6 000	14 000	16 000
Impairment	0	0	0	0
Expenditure	228 000	163 000	99 000	132 000
Operating Profit	63 000	128 000	111 000	130 000
Financial Income	109 000	90 000	132 000	125 000
Financial Costs	45 000	−1 000	0	0
Financial Balance	64 000	91 000	132 000	125 000
Dividends	750 000	0	1 500 000	200 000
Net Income	87 000	180 000	187 000	209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 828 000	4 828 000	4 828 000	4 828 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	6 000	20 000
Total Tangible Assets	4 828 000	4 828 000	4 835 000	4 849 000
Total Fiancial Fixed Assets	3 887 000	3 868 000	2 507 000	2 421 000
Total Fixed Assets	8 716 000	8 697 000	7 342 000	7 270 000
Stock	0	0	0	0
Total Investments	0	0	1 225 000	1 225 000
Cash, Bank	4 651 000	4 821 000	5 079 000	6 669 000
Total Current Assets	4 653 000	4 821 000	7 285 000	7 894 000
Total Assets	13 368 000	13 518 000	14 627 000	15 164 000
Total Equity	12 548 000	13 210 000	13 031 000	14 343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	1 000	4 000	10 000
Unpaid Taxes	1 000	2 000	2 000	3 000
Dividends	750 000	0	1 500 000	200 000
Other Current Debt	22 000	265 000	35 000	562 000
Total Current Debt	821 000	307 000	1 596 000	821 000
Total Equity and Debt	13 368 000	13 518 000	14 627 000	15 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,69 %	1,36 %	1,44 %	1,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,65 %	43,84 %	52,86 %	49,62 %
Current Ratio	5,67	15,7	4,56	9,62
Quick Ratio	5,67	15,7	4,56	9,62
Equity Ratio	0,94	0,98	0,89	0,95
Gross Profit Margin	74,57 %	79,79 %	95,71 %	100 %