THINGSTAD HOLDING AS

7657 VERDAL

Finances

Return on Equity

11,46 %

Current Ratio

102

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	19 000	48 000	48 000
Net Income	51 000	−3 000	1 000	35 000
Total Assets	456 000	404 000	445 000	526 000
Total Equity	445 000	394 000	396 000	395 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	19 000	48 000	48 000
Expenditure	49 000	45 000	58 000	64 000
Operating Profit	1 000	−26 000	−10 000	−16 000
Financial Income	50 000	23 000	12 000	61 000
Financial Costs	0	0	0	0
Financial Balance	50 000	23 000	12 000	61 000
Earnings Before Tax	51 000	−3 000	2 000	45 000
Tax	0	−1 000	0	10 000
Net Income	51 000	−3 000	1 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	248 000	311 000	349 000
Total Current Assets	204 000	156 000	134 000	177 000
Total Assets	456 000	404 000	445 000	526 000
Total Retained Equity	220 000	169 000	171 000	170 000
Total Equity	445 000	394 000	396 000	395 000
Total Long-Term Debt	9 000	11 000	42 000	131 000
Total Current Debt	2 000	0	7 000	0
Total Equity and Debt	456 000	404 000	445 000	526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	50 000	19 000	48 000	48 000
Revenue	50 000	19 000	48 000	48 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	35 000	32 000	38 000	35 000
Impairment	0	0	0	0
Expenditure	49 000	45 000	58 000	64 000
Operating Profit	1 000	−26 000	−10 000	−16 000
Financial Income	50 000	23 000	12 000	61 000
Financial Costs	0	0	0	0
Financial Balance	50 000	23 000	12 000	61 000
Dividends	0	0	0	0
Net Income	51 000	−3 000	1 000	35 000

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	152 000	148 000	211 000	249 000
Total Tangible Assets	152 000	148 000	211 000	249 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	252 000	248 000	311 000	349 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	154 000	133 000	73 000	68 000
Total Current Assets	204 000	156 000	134 000	177 000
Total Assets	456 000	404 000	445 000	526 000
Total Equity	445 000	394 000	396 000	395 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	11 000	42 000	131 000
Creditors	0	0	7 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 000	0	7 000	0
Total Equity and Debt	456 000	404 000	445 000	526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,46 %	−0,76 %	0,25 %	8,86 %
Debt-to-Equity Ratio	0,02	0,03	0,11	0,33
Operating Profit Margin	2 %	−136,84 %	−20,83 %	−33,33 %
Current Ratio	102	-	19,14	-
Quick Ratio	102	-	19,14	-
Equity Ratio	0,98	0,98	0,89	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %