GUSTAV THORSRUD HOLDING AS

2383 BRUMUNDDAL

Finances

Return on Equity

27,14 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	237 316 000	124 761 000	149 961 000	0
Net Income	6 993 000	3 603 000	5 153 000	1 926 000
Total Assets	67 736 000	73 097 000	72 930 000	39 531 000
Total Equity	25 765 000	18 772 000	18 169 000	6 323 000

Income (NOK)	2022	2021	2020	2019
Revenue	237 316 000	124 761 000	149 961 000	0
Expenditure	226 491 000	118 202 000	141 225 000	15 000
Operating Profit	10 825 000	6 560 000	8 736 000	−15 000
Financial Income	412 000	73 000	139 000	2 649 000
Financial Costs	857 000	627 000	888 000	706 000
Financial Balance	−445 000	−554 000	−749 000	1 943 000
Earnings Before Tax	10 380 000	6 005 000	7 987 000	1 928 000
Tax	3 387 000	2 402 000	2 833 000	2 000
Net Income	6 993 000	3 603 000	5 153 000	1 926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 774 000	12 916 000	18 494 000	33 800 000
Total Current Assets	56 962 000	60 181 000	54 436 000	5 731 000
Total Assets	67 736 000	73 097 000	72 930 000	39 531 000
Total Retained Equity	25 735 000	18 742 000	0	6 293 000
Total Equity	25 765 000	18 772 000	18 169 000	6 323 000
Total Long-Term Debt	15 066 000	18 680 000	26 883 000	33 206 000
Total Current Debt	26 904 000	35 645 000	27 877 000	2 000
Total Equity and Debt	67 736 000	73 097 000	72 930 000	39 531 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	236 617 000	124 583 000	149 744 000	0
Other Income	699 000	178 000	217 000	0
Revenue	237 316 000	124 761 000	149 961 000	0
Cost of Goods Sold	183 556 000	78 894 000	101 433 000	0
Salary Costs	30 775 000	28 761 000	27 661 000	0
Depreciation	5 548 000	5 564 000	5 442 000	0
Impairment	0	0	0	0
Expenditure	226 491 000	118 202 000	141 225 000	15 000
Operating Profit	10 825 000	6 560 000	8 736 000	−15 000
Financial Income	412 000	73 000	139 000	2 649 000
Financial Costs	857 000	627 000	888 000	706 000
Financial Balance	−445 000	−554 000	−749 000	1 943 000
Dividends	0	0	0	0
Net Income	6 993 000	3 603 000	5 153 000	1 926 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	6 921 000	11 806 000	16 691 000	0
Total Intangible Assets	6 921 000	11 806 000	16 691 000	0
Real Eastate	68 000	110 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 770 000	940 000	1 692 000	0
Total Tangible Assets	3 838 000	1 050 000	1 692 000	0
Total Fiancial Fixed Assets	15 000	60 000	111 000	33 800 000
Total Fixed Assets	10 774 000	12 916 000	18 494 000	33 800 000
Stock	0	0	0	0
Total Investments	1 322 000	1 500 000	0	0
Cash, Bank	33 416 000	31 798 000	30 527 000	5 011 000
Total Current Assets	56 962 000	60 181 000	54 436 000	5 731 000
Total Assets	67 736 000	73 097 000	72 930 000	39 531 000
Total Equity	25 765 000	18 772 000	18 169 000	6 323 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 066 000	18 680 000	26 883 000	33 206 000
Creditors	15 983 000	12 961 000	9 051 000	0
Unpaid Taxes	2 809 000	2 942 000	4 299 000	0
Dividends	0	0	0	0
Other Current Debt	8 112 000	14 923 000	12 530 000	0
Total Current Debt	26 904 000	35 645 000	27 877 000	2 000
Total Equity and Debt	67 736 000	73 097 000	72 930 000	39 531 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,14 %	19,19 %	28,36 %	30,46 %
Debt-to-Equity Ratio	0,58	1	1,48	5,25
Operating Profit Margin	4,56 %	5,26 %	5,83 %	-
Current Ratio	2,12	1,69	1,95	2 865,5
Quick Ratio	2,12	1,69	1,95	2 865,5
Equity Ratio	0,38	0,26	0,25	0,16
Gross Profit Margin	22,65 %	36,76 %	32,36 %	-