THORSTENSEN TRADING AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

88,14 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 653 000	438 000	122 000	500 000
Net Income	104 000	20 000	−6 000	28 000
Total Assets	496 000	755 000	684 000	866 000
Total Equity	118 000	128 000	122 000	128 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 653 000	438 000	122 000	500 000
Expenditure	1 520 000	414 000	127 000	460 000
Operating Profit	133 000	24 000	−5 000	39 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	4 000
Financial Balance	0	0	−1 000	−4 000
Earnings Before Tax	133 000	24 000	−6 000	36 000
Tax	29 000	4 000	0	9 000
Net Income	104 000	20 000	−6 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	496 000	755 000	684 000	866 000
Total Assets	496 000	755 000	684 000	866 000
Total Retained Equity	88 000	98 000	92 000	98 000
Total Equity	118 000	128 000	122 000	128 000
Total Long-Term Debt	0	535 000	535 000	535 000
Total Current Debt	379 000	91 000	26 000	202 000
Total Equity and Debt	496 000	755 000	684 000	866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 653 000	438 000	122 000	633 000
Other Income	0	0	0	−134 000
Revenue	1 653 000	438 000	122 000	500 000
Cost of Goods Sold	1 503 000	397 000	110 000	453 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 520 000	414 000	127 000	460 000
Operating Profit	133 000	24 000	−5 000	39 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	4 000
Financial Balance	0	0	−1 000	−4 000
Dividends	100 000	0	0	0
Net Income	104 000	20 000	−6 000	28 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	85 000	4 000	17 000	47 000
Total Current Assets	496 000	755 000	684 000	866 000
Total Assets	496 000	755 000	684 000	866 000
Total Equity	118 000	128 000	122 000	128 000
Short-Term Group Debt	18 000	18 000	9 000	40 000
Total Long-Term Debt	0	535 000	535 000	535 000
Creditors	26 000	14 000	17 000	89 000
Unpaid Taxes	44 000	59 000	1 000	74 000
Dividends	100 000	0	0	0
Other Current Debt	165 000	0	0	0
Total Current Debt	379 000	91 000	26 000	202 000
Total Equity and Debt	496 000	755 000	684 000	866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,14 %	15,63 %	−4,92 %	21,88 %
Debt-to-Equity Ratio	0	4,18	4,39	4,18
Operating Profit Margin	8,05 %	5,48 %	−4,1 %	7,8 %
Current Ratio	1,31	8,3	26,31	4,29
Quick Ratio	1,31	8,3	26,31	4,29
Equity Ratio	0,24	0,17	0,18	0,15
Gross Profit Margin	9,07 %	9,36 %	9,84 %	9,4 %