THORSETH MARITIME CONSULTING AS

6065 ULSTEINVIK

Finances

Return on Equity

35,89 %

Current Ratio

3,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 508 000	1 285 000	1 043 000	764 000
Net Income	257 000	407 000	59 000	132 000
Total Assets	1 013 000	1 153 000	469 000	832 000
Total Equity	716 000	460 000	253 000	194 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 508 000	1 285 000	1 043 000	764 000
Expenditure	1 526 000	1 118 000	962 000	622 000
Operating Profit	−18 000	167 000	80 000	142 000
Financial Income	275 000	280 000	0	0
Financial Costs	0	0	0	0
Financial Balance	275 000	280 000	0	0
Earnings Before Tax	257 000	447 000	80 000	142 000
Tax	0	40 000	21 000	10 000
Net Income	257 000	407 000	59 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	181 000	31 000	10 000
Total Current Assets	985 000	972 000	438 000	822 000
Total Assets	1 013 000	1 153 000	469 000	832 000
Total Retained Equity	692 000	435 000	228 000	170 000
Total Equity	716 000	460 000	253 000	194 000
Total Long-Term Debt	3 000	7 000	1 000	0
Total Current Debt	294 000	686 000	216 000	638 000
Total Equity and Debt	1 013 000	1 153 000	469 000	832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 507 000	1 285 000	1 043 000	764 000
Other Income	1 000	0	0	0
Revenue	1 508 000	1 285 000	1 043 000	764 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 244 000	792 000	766 000	446 000
Depreciation	4 000	6 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 526 000	1 118 000	962 000	622 000
Operating Profit	−18 000	167 000	80 000	142 000
Financial Income	275 000	280 000	0	0
Financial Costs	0	0	0	0
Financial Balance	275 000	280 000	0	0
Dividends	0	200 000	0	0
Net Income	257 000	407 000	59 000	132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	166 000	21 000	0
Total Tangible Assets	12 000	166 000	21 000	0
Total Fiancial Fixed Assets	15 000	15 000	10 000	10 000
Total Fixed Assets	27 000	181 000	31 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	584 000	587 000	377 000	244 000
Total Current Assets	985 000	972 000	438 000	822 000
Total Assets	1 013 000	1 153 000	469 000	832 000
Total Equity	716 000	460 000	253 000	194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	7 000	1 000	0
Creditors	6 000	4 000	0	8 000
Unpaid Taxes	206 000	158 000	155 000	264 000
Dividends	0	200 000	0	0
Other Current Debt	77 000	290 000	41 000	357 000
Total Current Debt	294 000	686 000	216 000	638 000
Total Equity and Debt	1 013 000	1 153 000	469 000	832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,89 %	88,48 %	23,32 %	68,04 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	−1,19 %	13 %	7,67 %	18,59 %
Current Ratio	3,35	1,42	2,03	1,29
Quick Ratio	3,35	1,42	2,03	1,29
Equity Ratio	0,71	0,4	0,54	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %