THORALF MYHRE AS

4328 SANDNES

Finances

Return on Equity

20,5 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 764 000	46 105 000	35 358 000	35 941 000
Net Income	1 689 000	1 967 000	1 134 000	564 000
Total Assets	19 276 000	13 710 000	13 011 000	10 840 000
Total Equity	8 240 000	8 351 000	6 486 000	6 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 764 000	46 105 000	35 358 000	35 941 000
Expenditure	58 500 000	43 471 000	33 772 000	35 103 000
Operating Profit	2 264 000	2 634 000	1 587 000	838 000
Financial Income	1 000	2 000	1 000	3 000
Financial Costs	98 000	90 000	111 000	114 000
Financial Balance	−97 000	−88 000	−110 000	−111 000
Earnings Before Tax	2 167 000	2 545 000	1 478 000	727 000
Tax	478 000	578 000	343 000	163 000
Net Income	1 689 000	1 967 000	1 134 000	564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 336 000	1 539 000	1 735 000	1 259 000
Total Current Assets	17 940 000	12 170 000	11 276 000	9 581 000
Total Assets	19 276 000	13 710 000	13 011 000	10 840 000
Total Retained Equity	8 090 000	8 201 000	6 336 000	6 002 000
Total Equity	8 240 000	8 351 000	6 486 000	6 152 000
Total Long-Term Debt	52 000	338 000	624 000	233 000
Total Current Debt	10 984 000	5 021 000	5 901 000	4 455 000
Total Equity and Debt	19 276 000	13 710 000	13 011 000	10 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 714 000	46 105 000	35 358 000	35 941 000
Other Income	50 000	0	0	0
Revenue	60 764 000	46 105 000	35 358 000	35 941 000
Cost of Goods Sold	36 366 000	22 520 000	14 943 000	17 225 000
Salary Costs	16 587 000	15 730 000	14 586 000	13 987 000
Depreciation	155 000	206 000	207 000	70 000
Impairment	0	0	0	0
Expenditure	58 500 000	43 471 000	33 772 000	35 103 000
Operating Profit	2 264 000	2 634 000	1 587 000	838 000
Financial Income	1 000	2 000	1 000	3 000
Financial Costs	98 000	90 000	111 000	114 000
Financial Balance	−97 000	−88 000	−110 000	−111 000
Dividends	0	0	0	0
Net Income	1 689 000	1 967 000	1 134 000	564 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	20 000	11 000	12 000
Real Eastate	1 060 000	1 060 000	1 060 000	1 060 000
Machinery and Plant Facilities	15 000	30 000	51 000	73 000
Fixtures	239 000	428 000	614 000	114 000
Total Tangible Assets	1 314 000	1 519 000	1 724 000	1 247 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 336 000	1 539 000	1 735 000	1 259 000
Stock	203 000	203 000	96 000	109 000
Total Investments	0	0	0	0
Cash, Bank	4 451 000	3 539 000	2 605 000	2 537 000
Total Current Assets	17 940 000	12 170 000	11 276 000	9 581 000
Total Assets	19 276 000	13 710 000	13 011 000	10 840 000
Total Equity	8 240 000	8 351 000	6 486 000	6 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 000	338 000	624 000	233 000
Creditors	5 508 000	950 000	1 604 000	1 189 000
Unpaid Taxes	1 717 000	1 889 000	1 811 000	1 778 000
Dividends	0	0	0	0
Other Current Debt	3 279 000	1 623 000	2 144 000	1 322 000
Total Current Debt	10 984 000	5 021 000	5 901 000	4 455 000
Total Equity and Debt	19 276 000	13 710 000	13 011 000	10 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,5 %	23,55 %	17,48 %	9,17 %
Debt-to-Equity Ratio	0,01	0,04	0,1	0,04
Operating Profit Margin	3,73 %	5,71 %	4,49 %	2,33 %
Current Ratio	1,63	2,42	1,91	2,15
Quick Ratio	1,66	2,53	1,94	2,2
Equity Ratio	0,43	0,61	0,5	0,57
Gross Profit Margin	40,15 %	51,15 %	57,74 %	52,07 %