THORVALD MEYERSGATE 49 AS

0495 OSLO

Finances

Share Ownership

Return on Equity

5,4 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 754 000	2 173 000	1 885 000	2 083 000
Net Income	565 000	318 000	400 000	440 000
Total Assets	13 453 000	17 888 000	18 212 000	18 331 000
Total Equity	10 465 000	10 400 000	10 381 000	10 491 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 754 000	2 173 000	1 885 000	2 083 000
Expenditure	1 914 000	1 467 000	1 056 000	1 270 000
Operating Profit	840 000	706 000	830 000	813 000
Financial Income	0	0	0	1 000
Financial Costs	116 000	298 000	317 000	320 000
Financial Balance	−116 000	−298 000	−317 000	−319 000
Earnings Before Tax	724 000	408 000	513 000	494 000
Tax	159 000	90 000	113 000	54 000
Net Income	565 000	318 000	400 000	440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 202 000	17 087 000	17 426 000	17 610 000
Total Current Assets	1 251 000	801 000	786 000	721 000
Total Assets	13 453 000	17 888 000	18 212 000	18 331 000
Total Retained Equity	169 000	104 000	86 000	196 000
Total Equity	10 465 000	10 400 000	10 381 000	10 491 000
Total Long-Term Debt	2 085 000	6 817 000	6 929 000	6 929 000
Total Current Debt	904 000	671 000	902 000	910 000
Total Equity and Debt	13 453 000	17 888 000	18 212 000	18 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	0	0	147 000
Other Income	2 753 000	2 173 000	1 885 000	1 936 000
Revenue	2 754 000	2 173 000	1 885 000	2 083 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 040 000	913 000	813 000	840 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 914 000	1 467 000	1 056 000	1 270 000
Operating Profit	840 000	706 000	830 000	813 000
Financial Income	0	0	0	1 000
Financial Costs	116 000	298 000	317 000	320 000
Financial Balance	−116 000	−298 000	−317 000	−319 000
Dividends	500 000	300 000	510 000	600 000
Net Income	565 000	318 000	400 000	440 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 701 000	10 701 000	10 701 000	10 701 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 701 000	10 701 000	10 701 000	10 701 000
Total Fiancial Fixed Assets	1 502 000	6 386 000	6 726 000	6 909 000
Total Fixed Assets	12 202 000	17 087 000	17 426 000	17 610 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 043 000	644 000	528 000	541 000
Total Current Assets	1 251 000	801 000	786 000	721 000
Total Assets	13 453 000	17 888 000	18 212 000	18 331 000
Total Equity	10 465 000	10 400 000	10 381 000	10 491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 085 000	6 817 000	6 929 000	6 929 000
Creditors	57 000	27 000	36 000	24 000
Unpaid Taxes	84 000	144 000	177 000	153 000
Dividends	500 000	300 000	510 000	600 000
Other Current Debt	103 000	110 000	66 000	79 000
Total Current Debt	904 000	671 000	902 000	910 000
Total Equity and Debt	13 453 000	17 888 000	18 212 000	18 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,4 %	3,06 %	3,85 %	4,19 %
Debt-to-Equity Ratio	0,2	0,66	0,67	0,66
Operating Profit Margin	30,5 %	32,49 %	44,03 %	39,03 %
Current Ratio	1,38	1,19	0,87	0,79
Quick Ratio	1,38	1,19	0,87	0,79
Equity Ratio	0,78	0,58	0,57	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %