ARTHUR J THORSEN AS

5151 STRAUMSGREND

Finances

Return on Equity

87,12 %

Current Ratio

1,04

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 477 000	41 012 000	39 658 000	48 608 000
Net Income	1 590 000	1 417 000	−83 000	1 127 000
Total Assets	16 481 000	13 583 000	11 468 000	12 991 000
Total Equity	1 825 000	2 935 000	1 718 000	1 801 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 477 000	41 012 000	39 658 000	48 608 000
Expenditure	48 175 000	39 004 000	39 287 000	46 960 000
Operating Profit	2 301 000	2 008 000	372 000	1 649 000
Financial Income	0	13 000	1 000	0
Financial Costs	253 000	200 000	252 000	186 000
Financial Balance	−253 000	−187 000	−251 000	−186 000
Earnings Before Tax	2 047 000	1 822 000	121 000	1 463 000
Tax	458 000	405 000	34 000	336 000
Net Income	1 590 000	1 417 000	−83 000	1 127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 621 000	4 566 000	4 624 000	5 236 000
Total Current Assets	11 860 000	9 018 000	6 844 000	7 756 000
Total Assets	16 481 000	13 583 000	11 468 000	12 991 000
Total Retained Equity	1 719 000	2 829 000	1 613 000	1 696 000
Total Equity	1 825 000	2 935 000	1 718 000	1 801 000
Total Long-Term Debt	3 219 000	3 393 000	3 488 000	3 654 000
Total Current Debt	11 437 000	7 256 000	6 261 000	7 537 000
Total Equity and Debt	16 481 000	13 583 000	11 468 000	12 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 213 000	40 367 000	39 602 000	48 286 000
Other Income	264 000	646 000	55 000	322 000
Revenue	50 477 000	41 012 000	39 658 000	48 608 000
Cost of Goods Sold	27 149 000	19 042 000	18 977 000	26 985 000
Salary Costs	17 431 000	16 404 000	17 081 000	16 518 000
Depreciation	94 000	55 000	53 000	111 000
Impairment	0	0	0	0
Expenditure	48 175 000	39 004 000	39 287 000	46 960 000
Operating Profit	2 301 000	2 008 000	372 000	1 649 000
Financial Income	0	13 000	1 000	0
Financial Costs	253 000	200 000	252 000	186 000
Financial Balance	−253 000	−187 000	−251 000	−186 000
Dividends	2 700 000	0	0	0
Net Income	1 590 000	1 417 000	−83 000	1 127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	4 471 000	4 471 000	4 526 000	5 141 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	150 000	0	0	0
Total Tangible Assets	4 621 000	4 471 000	4 526 000	5 141 000
Total Fiancial Fixed Assets	0	95 000	95 000	95 000
Total Fixed Assets	4 621 000	4 566 000	4 624 000	5 236 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 709 000	514 000	2 037 000	389 000
Total Current Assets	11 860 000	9 018 000	6 844 000	7 756 000
Total Assets	16 481 000	13 583 000	11 468 000	12 991 000
Total Equity	1 825 000	2 935 000	1 718 000	1 801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 219 000	3 393 000	3 488 000	3 654 000
Creditors	3 991 000	1 941 000	2 196 000	2 048 000
Unpaid Taxes	2 528 000	2 090 000	1 806 000	2 873 000
Dividends	2 700 000	0	0	0
Other Current Debt	1 766 000	2 907 000	2 258 000	2 616 000
Total Current Debt	11 437 000	7 256 000	6 261 000	7 537 000
Total Equity and Debt	16 481 000	13 583 000	11 468 000	12 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,12 %	48,28 %	−4,83 %	62,58 %
Debt-to-Equity Ratio	1,76	1,16	2,03	2,03
Operating Profit Margin	4,56 %	4,9 %	0,94 %	3,39 %
Current Ratio	1,04	1,24	1,09	1,03
Quick Ratio	1,04	1,24	1,09	1,03
Equity Ratio	0,11	0,22	0,15	0,14
Gross Profit Margin	46,22 %	53,57 %	52,15 %	44,48 %