T. THOMASSEN UTLEIE AS

3320 VESTFOSSEN

Finances

Return on Equity

16,71 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	6 516 000	6 507 000	6 433 000	7 313 000
Net Income	194 000	80 000	−255 000	54 000
Total Assets	1 851 000	2 755 000	3 400 000	3 537 000
Total Equity	1 161 000	1 118 000	1 137 000	1 393 000

Income (NOK)	2021	2020	2019	2018
Revenue	6 516 000	6 507 000	6 433 000	7 313 000
Expenditure	6 718 000	6 345 000	6 713 000	7 230 000
Operating Profit	−203 000	162 000	−279 000	83 000
Financial Income	500 000	0	1 000	1 000
Financial Costs	49 000	60 000	49 000	13 000
Financial Balance	451 000	−60 000	−48 000	−12 000
Earnings Before Tax	248 000	103 000	−328 000	70 000
Tax	55 000	23 000	−72 000	16 000
Net Income	194 000	80 000	−255 000	54 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	281 000	502 000	762 000	1 093 000
Total Current Assets	1 571 000	2 254 000	2 638 000	2 444 000
Total Assets	1 851 000	2 755 000	3 400 000	3 537 000
Total Retained Equity	1 131 000	1 088 000	1 107 000	1 363 000
Total Equity	1 161 000	1 118 000	1 137 000	1 393 000
Total Long-Term Debt	0	1 070 000	1 112 000	1 122 000
Total Current Debt	690 000	568 000	1 150 000	1 022 000
Total Equity and Debt	1 851 000	2 755 000	3 400 000	3 537 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	6 516 000	6 507 000	6 433 000	7 313 000
Other Income	0	0	0	0
Revenue	6 516 000	6 507 000	6 433 000	7 313 000
Cost of Goods Sold	3 587 000	2 598 000	1 798 000	1 173 000
Salary Costs	1 904 000	2 582 000	3 465 000	4 680 000
Depreciation	222 000	380 000	381 000	360 000
Impairment	0	0	0	0
Expenditure	6 718 000	6 345 000	6 713 000	7 230 000
Operating Profit	−203 000	162 000	−279 000	83 000
Financial Income	500 000	0	1 000	1 000
Financial Costs	49 000	60 000	49 000	13 000
Financial Balance	451 000	−60 000	−48 000	−12 000
Dividends	0	0	0	0
Net Income	194 000	80 000	−255 000	54 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	93 000	76 000	69 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	131 000	353 000	661 000	1 041 000
Total Tangible Assets	131 000	353 000	661 000	1 041 000
Total Fiancial Fixed Assets	58 000	73 000	32 000	51 000
Total Fixed Assets	281 000	502 000	762 000	1 093 000
Stock	0	1 119 000	1 119 000	1 119 000
Total Investments	0	0	0	0
Cash, Bank	154 000	194 000	37 000	715 000
Total Current Assets	1 571 000	2 254 000	2 638 000	2 444 000
Total Assets	1 851 000	2 755 000	3 400 000	3 537 000
Total Equity	1 161 000	1 118 000	1 137 000	1 393 000
Short-Term Group Debt	0	19 000	101 000	0
Total Long-Term Debt	0	1 070 000	1 112 000	1 122 000
Creditors	122 000	222 000	259 000	98 000
Unpaid Taxes	320 000	59 000	306 000	468 000
Dividends	0	0	0	0
Other Current Debt	177 000	238 000	484 000	420 000
Total Current Debt	690 000	568 000	1 150 000	1 022 000
Total Equity and Debt	1 851 000	2 755 000	3 400 000	3 537 000

Financial indicators	2021	2020	2019	2018
Return on Equity	16,71 %	7,16 %	−22,43 %	3,88 %
Debt-to-Equity Ratio	0	0,96	0,98	0,81
Operating Profit Margin	−3,12 %	2,49 %	−4,34 %	1,13 %
Current Ratio	2,28	3,97	2,29	2,39
Quick Ratio	2,28	−4,09	85,1	−25,2
Equity Ratio	0,63	0,41	0,33	0,39
Gross Profit Margin	44,95 %	60,07 %	72,05 %	83,96 %