HALVARD THORSEN AS

4632 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

36,35 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 733 000	30 494 000	42 364 000	32 304 000
Net Income	1 783 000	−238 000	377 000	−976 000
Total Assets	12 854 000	7 493 000	9 699 000	9 786 000
Total Equity	4 905 000	3 123 000	3 361 000	2 984 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 733 000	30 494 000	42 364 000	32 304 000
Expenditure	41 387 000	30 690 000	41 758 000	33 394 000
Operating Profit	2 346 000	−195 000	606 000	−1 090 000
Financial Income	0	0	0	1 000
Financial Costs	58 000	102 000	118 000	149 000
Financial Balance	−58 000	−102 000	−118 000	−148 000
Earnings Before Tax	2 288 000	−297 000	488 000	−1 239 000
Tax	505 000	−59 000	111 000	−263 000
Net Income	1 783 000	−238 000	377 000	−976 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	620 000	859 000	3 614 000	3 598 000
Total Current Assets	12 234 000	6 634 000	6 084 000	6 188 000
Total Assets	12 854 000	7 493 000	9 699 000	9 786 000
Total Retained Equity	4 605 000	2 823 000	3 061 000	2 684 000
Total Equity	4 905 000	3 123 000	3 361 000	2 984 000
Total Long-Term Debt	354 000	0	0	0
Total Current Debt	7 595 000	4 370 000	6 338 000	6 802 000
Total Equity and Debt	12 854 000	7 493 000	9 699 000	9 786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 733 000	30 494 000	42 364 000	32 304 000
Other Income	0	0	0	0
Revenue	43 733 000	30 494 000	42 364 000	32 304 000
Cost of Goods Sold	23 790 000	13 804 000	23 549 000	14 632 000
Salary Costs	14 063 000	13 711 000	14 727 000	15 453 000
Depreciation	88 000	114 000	112 000	77 000
Impairment	0	0	0	0
Expenditure	41 387 000	30 690 000	41 758 000	33 394 000
Operating Profit	2 346 000	−195 000	606 000	−1 090 000
Financial Income	0	0	0	1 000
Financial Costs	58 000	102 000	118 000	149 000
Financial Balance	−58 000	−102 000	−118 000	−148 000
Dividends	0	0	0	0
Net Income	1 783 000	−238 000	377 000	−976 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	151 000	93 000	203 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	201 000	290 000	403 000	276 000
Total Tangible Assets	201 000	290 000	403 000	276 000
Total Fiancial Fixed Assets	419 000	419 000	3 119 000	3 119 000
Total Fixed Assets	620 000	859 000	3 614 000	3 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	383 000	2 232 000	568 000	514 000
Total Current Assets	12 234 000	6 634 000	6 084 000	6 188 000
Total Assets	12 854 000	7 493 000	9 699 000	9 786 000
Total Equity	4 905 000	3 123 000	3 361 000	2 984 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	354 000	0	0	0
Creditors	4 376 000	1 441 000	1 834 000	923 000
Unpaid Taxes	1 569 000	1 721 000	1 488 000	2 073 000
Dividends	0	0	0	0
Other Current Debt	1 258 000	1 209 000	1 389 000	2 099 000
Total Current Debt	7 595 000	4 370 000	6 338 000	6 802 000
Total Equity and Debt	12 854 000	7 493 000	9 699 000	9 786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,35 %	−7,62 %	11,22 %	−32,71 %
Debt-to-Equity Ratio	0,07	0	0	0
Operating Profit Margin	5,36 %	−0,64 %	1,43 %	−3,37 %
Current Ratio	1,61	1,52	0,96	0,91
Quick Ratio	1,61	1,52	0,96	0,91
Equity Ratio	0,38	0,42	0,35	0,3
Gross Profit Margin	45,6 %	54,73 %	44,41 %	54,71 %