THINTHAN FREDRIKSTAD AS

1608 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−23,89 %

Current Ratio

0,7

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 758 000	4 358 000	3 315 000	3 202 000
Net Income	−27 000	263 000	131 000	51 000
Total Assets	505 000	722 000	523 000	577 000
Total Equity	113 000	140 000	167 000	145 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 758 000	4 358 000	3 315 000	3 202 000
Expenditure	4 789 000	4 016 000	3 141 000	3 110 000
Operating Profit	−30 000	342 000	174 000	93 000
Financial Income	0	0	0	−1 000
Financial Costs	5 000	4 000	4 000	7 000
Financial Balance	−5 000	−4 000	−4 000	−8 000
Earnings Before Tax	−35 000	338 000	170 000	84 000
Tax	−8 000	74 000	39 000	33 000
Net Income	−27 000	263 000	131 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	50 000	61 000	98 000
Total Current Assets	272 000	673 000	461 000	479 000
Total Assets	505 000	722 000	523 000	577 000
Total Retained Equity	83 000	110 000	137 000	115 000
Total Equity	113 000	140 000	167 000	145 000
Total Long-Term Debt	4 000	0	−86 000	112 000
Total Current Debt	388 000	582 000	442 000	319 000
Total Equity and Debt	505 000	722 000	523 000	577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 758 000	4 358 000	3 315 000	3 202 000
Other Income	0	0	0	0
Revenue	4 758 000	4 358 000	3 315 000	3 202 000
Cost of Goods Sold	2 271 000	1 714 000	1 352 000	1 104 000
Salary Costs	1 701 000	1 568 000	1 228 000	1 057 000
Depreciation	25 000	39 000	37 000	37 000
Impairment	0	0	0	0
Expenditure	4 789 000	4 016 000	3 141 000	3 110 000
Operating Profit	−30 000	342 000	174 000	93 000
Financial Income	0	0	0	−1 000
Financial Costs	5 000	4 000	4 000	7 000
Financial Balance	−5 000	−4 000	−4 000	−8 000
Dividends	0	290 000	110 000	0
Net Income	−27 000	263 000	131 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	11 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 000	25 000	0	0
Fixtures	11 000	14 000	61 000	98 000
Total Tangible Assets	14 000	39 000	61 000	98 000
Total Fiancial Fixed Assets	199 000	0	0	0
Total Fixed Assets	233 000	50 000	61 000	98 000
Stock	102 000	121 000	58 000	39 000
Total Investments	0	0	0	0
Cash, Bank	140 000	161 000	190 000	161 000
Total Current Assets	272 000	673 000	461 000	479 000
Total Assets	505 000	722 000	523 000	577 000
Total Equity	113 000	140 000	167 000	145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	−86 000	112 000
Creditors	91 000	31 000	134 000	70 000
Unpaid Taxes	119 000	123 000	155 000	108 000
Dividends	0	290 000	110 000	0
Other Current Debt	177 000	164 000	112 000	108 000
Total Current Debt	388 000	582 000	442 000	319 000
Total Equity and Debt	505 000	722 000	523 000	577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,89 %	187,86 %	78,44 %	35,17 %
Debt-to-Equity Ratio	0,04	0	−0,51	0,77
Operating Profit Margin	−0,63 %	7,85 %	5,25 %	2,9 %
Current Ratio	0,7	1,16	1,04	1,5
Quick Ratio	0,95	1,46	1,2	1,71
Equity Ratio	0,22	0,19	0,32	0,25
Gross Profit Margin	52,27 %	60,67 %	59,22 %	65,52 %