THORE S ROVIK AS

4306 SANDNES

Finances

Return on Equity

−60,73 %

Current Ratio

0,01

Debt-to-Equity Ratio

6,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	−5 240 000	22 558 000
Net Income	−498 000	−355 000	−6 288 000	17 020 000
Total Assets	7 995 000	4 683 000	5 733 000	20 645 000
Total Equity	820 000	1 319 000	1 674 000	7 962 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	−5 240 000	22 558 000
Expenditure	559 000	416 000	541 000	755 000
Operating Profit	−559 000	−416 000	−5 780 000	21 802 000
Financial Income	21 000	16 000	291 000	419 000
Financial Costs	100 000	56 000	2 073 000	401 000
Financial Balance	−79 000	−40 000	−1 782 000	18 000
Earnings Before Tax	−639 000	−455 000	−7 562 000	21 820 000
Tax	−140 000	−100 000	−1 274 000	4 800 000
Net Income	−498 000	−355 000	−6 288 000	17 020 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 978 000	3 546 000	3 522 000	5 221 000
Total Current Assets	16 000	1 137 000	2 211 000	15 425 000
Total Assets	7 995 000	4 683 000	5 733 000	20 645 000
Total Retained Equity	703 000	1 202 000	1 557 000	7 845 000
Total Equity	820 000	1 319 000	1 674 000	7 962 000
Total Long-Term Debt	5 734 000	1 708 000	2 209 000	8 761 000
Total Current Debt	1 440 000	1 656 000	1 850 000	3 923 000
Total Equity and Debt	7 995 000	4 683 000	5 733 000	20 645 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	39 000
Other Income	0	0	−5 240 000	22 519 000
Revenue	0	0	−5 240 000	22 558 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	26 000	65 000
Depreciation	198 000	148 000	142 000	134 000
Impairment	0	0	0	0
Expenditure	559 000	416 000	541 000	755 000
Operating Profit	−559 000	−416 000	−5 780 000	21 802 000
Financial Income	21 000	16 000	291 000	419 000
Financial Costs	100 000	56 000	2 073 000	401 000
Financial Balance	−79 000	−40 000	−1 782 000	18 000
Dividends	0	0	0	12 000 000
Net Income	−498 000	−355 000	−6 288 000	17 020 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 978 000	546 000	522 000	664 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 978 000	546 000	522 000	664 000
Total Fiancial Fixed Assets	3 000 000	3 000 000	3 000 000	4 557 000
Total Fixed Assets	7 978 000	3 546 000	3 522 000	5 221 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	1 137 000	2 223 000	15 130 000
Total Current Assets	16 000	1 137 000	2 211 000	15 425 000
Total Assets	7 995 000	4 683 000	5 733 000	20 645 000
Total Equity	820 000	1 319 000	1 674 000	7 962 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 734 000	1 708 000	2 209 000	8 761 000
Creditors	0	106 000	9 000	101 000
Unpaid Taxes	0	1 000	10 000	23 000
Dividends	0	0	0	12 000 000
Other Current Debt	1 206 000	1 149 000	1 333 000	1 277 000
Total Current Debt	1 440 000	1 656 000	1 850 000	3 923 000
Total Equity and Debt	7 995 000	4 683 000	5 733 000	20 645 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,73 %	−26,91 %	−375,63 %	213,77 %
Debt-to-Equity Ratio	6,99	1,29	1,32	1,1
Operating Profit Margin	-	-	110,31 %	96,65 %
Current Ratio	0,01	0,69	1,2	3,93
Quick Ratio	0,01	0,69	1,2	3,93
Equity Ratio	0,1	0,28	0,29	0,39
Gross Profit Margin	-	-	100 %	100 %