THORSETH EIENDOM AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

−2,58 %

Current Ratio

58,49

Debt-to-Equity Ratio

7,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	797 000	601 000	641 000	390 000
Net Income	−35 000	−202 000	−75 000	220 000
Total Assets	11 149 000	11 736 000	13 035 000	11 849 000
Total Equity	1 357 000	1 392 000	1 360 000	1 204 000

Income (NOK)	2022	2021	2020	2019
Revenue	797 000	601 000	641 000	390 000
Expenditure	444 000	584 000	431 000	23 000
Operating Profit	353 000	16 000	211 000	366 000
Financial Income	0	0	0	0
Financial Costs	398 000	263 000	307 000	85 000
Financial Balance	−398 000	−263 000	−307 000	−85 000
Earnings Before Tax	−45 000	−247 000	−97 000	282 000
Tax	−10 000	−45 000	−21 000	62 000
Net Income	−35 000	−202 000	−75 000	220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 048 000	8 347 000	8 665 000	6 239 000
Total Current Assets	3 100 000	3 389 000	4 369 000	5 610 000
Total Assets	11 149 000	11 736 000	13 035 000	11 849 000
Total Retained Equity	601 000	636 000	604 000	448 000
Total Equity	1 357 000	1 392 000	1 360 000	1 204 000
Total Long-Term Debt	9 739 000	10 326 000	10 882 000	8 737 000
Total Current Debt	53 000	18 000	793 000	1 908 000
Total Equity and Debt	11 149 000	11 736 000	13 035 000	11 849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	797 000	601 000	641 000	390 000
Revenue	797 000	601 000	641 000	390 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	323 000	318 000	274 000	17 000
Impairment	0	0	0	0
Expenditure	444 000	584 000	431 000	23 000
Operating Profit	353 000	16 000	211 000	366 000
Financial Income	0	0	0	0
Financial Costs	398 000	263 000	307 000	85 000
Financial Balance	−398 000	−263 000	−307 000	−85 000
Dividends	0	0	0	0
Net Income	−35 000	−202 000	−75 000	220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 011 000	8 301 000	8 611 000	6 126 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	46 000	54 000	113 000
Total Tangible Assets	8 048 000	8 347 000	8 665 000	6 239 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 048 000	8 347 000	8 665 000	6 239 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	155 000	488 000	370 000	512 000
Total Current Assets	3 100 000	3 389 000	4 369 000	5 610 000
Total Assets	11 149 000	11 736 000	13 035 000	11 849 000
Total Equity	1 357 000	1 392 000	1 360 000	1 204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 739 000	10 326 000	10 882 000	8 737 000
Creditors	0	0	0	1 437 000
Unpaid Taxes	20 000	0	51 000	0
Dividends	0	0	0	0
Other Current Debt	32 000	18 000	741 000	412 000
Total Current Debt	53 000	18 000	793 000	1 908 000
Total Equity and Debt	11 149 000	11 736 000	13 035 000	11 849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,58 %	−14,51 %	−5,51 %	18,27 %
Debt-to-Equity Ratio	7,18	7,42	8	7,26
Operating Profit Margin	44,29 %	2,66 %	32,92 %	93,85 %
Current Ratio	58,49	188,28	5,51	2,94
Quick Ratio	58,49	188,28	5,51	2,94
Equity Ratio	0,12	0,12	0,1	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %