THERMA ELEKTRO AS

4325 SANDNES

Finances

Share Ownership

Return on Equity

1,7 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 246 000	2 256 000	3 240 000	2 500 000
Net Income	13 000	16 000	−68 000	86 000
Total Assets	1 315 000	1 016 000	975 000	1 035 000
Total Equity	765 000	752 000	736 000	805 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 246 000	2 256 000	3 240 000	2 500 000
Expenditure	2 318 000	2 319 000	3 165 000	2 354 000
Operating Profit	33 000	20 000	−22 000	146 000
Financial Income	2 000	12 000	4 000	7 000
Financial Costs	19 000	12 000	70 000	20 000
Financial Balance	−17 000	0	−66 000	−13 000
Earnings Before Tax	16 000	20 000	−88 000	134 000
Tax	4 000	4 000	−19 000	47 000
Net Income	13 000	16 000	−68 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	15 000	32 000	0
Total Current Assets	1 140 000	1 001 000	943 000	1 035 000
Total Assets	1 315 000	1 016 000	975 000	1 035 000
Total Retained Equity	735 000	722 000	706 000	775 000
Total Equity	765 000	752 000	736 000	805 000
Total Long-Term Debt	0	0	0	82 000
Total Current Debt	551 000	264 000	239 000	148 000
Total Equity and Debt	1 315 000	1 016 000	975 000	1 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 243 000	2 256 000	3 240 000	2 500 000
Other Income	3 000	0	0	0
Revenue	2 246 000	2 256 000	3 240 000	2 500 000
Cost of Goods Sold	1 253 000	1 414 000	2 154 000	990 000
Salary Costs	433 000	385 000	490 000	614 000
Depreciation	25 000	12 000	3 000	0
Impairment	0	0	0	0
Expenditure	2 318 000	2 319 000	3 165 000	2 354 000
Operating Profit	33 000	20 000	−22 000	146 000
Financial Income	2 000	12 000	4 000	7 000
Financial Costs	19 000	12 000	70 000	20 000
Financial Balance	−17 000	0	−66 000	−13 000
Dividends	0	0	0	0
Net Income	13 000	16 000	−68 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	15 000	19 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	164 000	0	12 000	0
Total Tangible Assets	164 000	0	12 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	175 000	15 000	32 000	0
Stock	688 000	582 000	499 000	596 000
Total Investments	0	0	0	0
Cash, Bank	40 000	−74 000	172 000	−5 000
Total Current Assets	1 140 000	1 001 000	943 000	1 035 000
Total Assets	1 315 000	1 016 000	975 000	1 035 000
Total Equity	765 000	752 000	736 000	805 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	82 000
Creditors	28 000	93 000	27 000	−123 000
Unpaid Taxes	114 000	86 000	133 000	131 000
Dividends	0	0	0	0
Other Current Debt	409 000	84 000	79 000	93 000
Total Current Debt	551 000	264 000	239 000	148 000
Total Equity and Debt	1 315 000	1 016 000	975 000	1 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,7 %	2,13 %	−9,24 %	10,68 %
Debt-to-Equity Ratio	0	0	0	0,1
Operating Profit Margin	1,47 %	0,89 %	−0,68 %	5,84 %
Current Ratio	2,07	3,79	3,95	6,99
Quick Ratio	−8,32	−3,15	−3,63	−2,31
Equity Ratio	0,58	0,74	0,75	0,78
Gross Profit Margin	44,21 %	37,32 %	33,52 %	60,4 %