THUNSHELLE & REE AS

4365 NÆRBØ

Finances

Share Ownership

Return on Equity

67,49 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 000	5 206 000	2 906 000	0
Net Income	−328 000	−206 000	41 000	−6 000
Total Assets	464 000	990 000	1 668 000	75 000
Total Equity	−486 000	−157 000	49 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 000	5 206 000	2 906 000	0
Expenditure	338 000	5 440 000	2 750 000	6 000
Operating Profit	−267 000	−234 000	156 000	−6 000
Financial Income	1 000	0	0	0
Financial Costs	30 000	31 000	88 000	0
Financial Balance	−29 000	−31 000	−88 000	0
Earnings Before Tax	−297 000	−264 000	67 000	−6 000
Tax	32 000	−58 000	26 000	0
Net Income	−328 000	−206 000	41 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	404 000	600 000	732 000	76 000
Total Current Assets	61 000	391 000	936 000	0
Total Assets	464 000	990 000	1 668 000	75 000
Total Retained Equity	−507 000	−178 000	28 000	−13 000
Total Equity	−486 000	−157 000	49 000	8 000
Total Long-Term Debt	247 000	435 000	684 000	0
Total Current Debt	703 000	713 000	935 000	68 000
Total Equity and Debt	464 000	990 000	1 668 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 000	5 206 000	2 906 000	0
Other Income	0	0	0	0
Revenue	71 000	5 206 000	2 906 000	0
Cost of Goods Sold	113 000	3 488 000	2 016 000	0
Salary Costs	0	1 097 000	513 000	0
Depreciation	164 000	164 000	21 000	0
Impairment	0	0	0	0
Expenditure	338 000	5 440 000	2 750 000	6 000
Operating Profit	−267 000	−234 000	156 000	−6 000
Financial Income	1 000	0	0	0
Financial Costs	30 000	31 000	88 000	0
Financial Balance	−29 000	−31 000	−88 000	0
Dividends	0	0	0	0
Net Income	−328 000	−206 000	41 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	32 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	404 000	567 000	731 000	0
Total Tangible Assets	404 000	567 000	731 000	0
Total Fiancial Fixed Assets	0	1 000	1 000	76 000
Total Fixed Assets	404 000	600 000	732 000	76 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	173 000	770 000	0
Total Current Assets	61 000	391 000	936 000	0
Total Assets	464 000	990 000	1 668 000	75 000
Total Equity	−486 000	−157 000	49 000	8 000
Short-Term Group Debt	399 000	0	0	0
Total Long-Term Debt	247 000	435 000	684 000	0
Creditors	163 000	371 000	177 000	0
Unpaid Taxes	20 000	108 000	357 000	0
Dividends	0	0	0	0
Other Current Debt	120 000	233 000	402 000	68 000
Total Current Debt	703 000	713 000	935 000	68 000
Total Equity and Debt	464 000	990 000	1 668 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,49 %	131,21 %	83,67 %	−75 %
Debt-to-Equity Ratio	−0,51	−2,77	13,96	0
Operating Profit Margin	−376,06 %	−4,49 %	5,37 %	-
Current Ratio	0,09	0,55	1	0
Quick Ratio	0,09	0,55	1	0
Equity Ratio	−1,05	−0,16	0,03	0,11
Gross Profit Margin	−59,15 %	33 %	30,63 %	-