TOR ARNE THOMASSEN AS

9538 ALTA

Finances

Return on Equity

15,6 %

Current Ratio

3,25

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 068 000	7 831 000	8 578 000	5 299 000
Net Income	787 000	508 000	1 283 000	−116 000
Total Assets	9 857 000	7 559 000	8 094 000	6 299 000
Total Equity	5 046 000	4 259 000	3 751 000	2 468 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 068 000	7 831 000	8 578 000	5 299 000
Expenditure	6 938 000	7 096 000	6 843 000	5 332 000
Operating Profit	1 129 000	734 000	1 734 000	−34 000
Financial Income	0	0	7 000	3 000
Financial Costs	120 000	83 000	96 000	118 000
Financial Balance	−120 000	−83 000	−89 000	−115 000
Earnings Before Tax	1 009 000	651 000	1 645 000	−149 000
Tax	222 000	143 000	362 000	−33 000
Net Income	787 000	508 000	1 283 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 677 000	1 843 000	2 266 000	2 550 000
Total Current Assets	6 179 000	5 716 000	5 827 000	3 748 000
Total Assets	9 857 000	7 559 000	8 094 000	6 299 000
Total Retained Equity	4 946 000	4 159 000	3 651 000	2 368 000
Total Equity	5 046 000	4 259 000	3 751 000	2 468 000
Total Long-Term Debt	2 907 000	1 998 000	2 792 000	2 733 000
Total Current Debt	1 904 000	1 302 000	1 551 000	1 098 000
Total Equity and Debt	9 857 000	7 559 000	8 094 000	6 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 068 000	7 831 000	8 578 000	5 299 000
Other Income	0	0	0	0
Revenue	8 068 000	7 831 000	8 578 000	5 299 000
Cost of Goods Sold	602 000	572 000	1 285 000	803 000
Salary Costs	2 870 000	2 631 000	2 338 000	1 498 000
Depreciation	986 000	1 022 000	1 115 000	1 187 000
Impairment	0	0	0	0
Expenditure	6 938 000	7 096 000	6 843 000	5 332 000
Operating Profit	1 129 000	734 000	1 734 000	−34 000
Financial Income	0	0	7 000	3 000
Financial Costs	120 000	83 000	96 000	118 000
Financial Balance	−120 000	−83 000	−89 000	−115 000
Dividends	0	0	0	0
Net Income	787 000	508 000	1 283 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	260 000	307 000	259 000	210 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 748 000	482 000	446 000	907 000
Fixtures	620 000	1 005 000	1 512 000	1 383 000
Total Tangible Assets	3 368 000	1 486 000	1 958 000	2 290 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	3 677 000	1 843 000	2 266 000	2 550 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 086 000	3 686 000	4 003 000	1 962 000
Total Current Assets	6 179 000	5 716 000	5 827 000	3 748 000
Total Assets	9 857 000	7 559 000	8 094 000	6 299 000
Total Equity	5 046 000	4 259 000	3 751 000	2 468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 907 000	1 998 000	2 792 000	2 733 000
Creditors	266 000	96 000	166 000	53 000
Unpaid Taxes	1 244 000	768 000	661 000	656 000
Dividends	0	0	0	0
Other Current Debt	219 000	246 000	314 000	160 000
Total Current Debt	1 904 000	1 302 000	1 551 000	1 098 000
Total Equity and Debt	9 857 000	7 559 000	8 094 000	6 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,6 %	11,93 %	34,2 %	−4,7 %
Debt-to-Equity Ratio	0,58	0,47	0,74	1,11
Operating Profit Margin	13,99 %	9,37 %	20,21 %	−0,64 %
Current Ratio	3,25	4,39	3,76	3,41
Quick Ratio	3,25	4,39	3,76	3,41
Equity Ratio	0,51	0,56	0,46	0,39
Gross Profit Margin	92,54 %	92,7 %	85,02 %	84,85 %