TH. DRØNEN AS

5394 KOLBEINSVIK

Finances

Return on Equity

50,69 %

Current Ratio

2,35

Debt-to-Equity Ratio

−3,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 409 000	1 853 000	1 863 000	1 736 000
Net Income	−73 000	53 000	−63 000	−230 000
Total Assets	610 000	718 000	705 000	850 000
Total Equity	−144 000	−71 000	−124 000	−61 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 409 000	1 853 000	1 863 000	1 736 000
Expenditure	1 479 000	1 782 000	1 898 000	1 945 000
Operating Profit	−71 000	71 000	−36 000	−209 000
Financial Income	0	1 000	1 000	0
Financial Costs	2 000	19 000	28 000	36 000
Financial Balance	−2 000	−18 000	−27 000	−36 000
Earnings Before Tax	−73 000	53 000	−63 000	−245 000
Tax	0	0	0	−15 000
Net Income	−73 000	53 000	−63 000	−230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	106 000	203 000
Total Current Assets	595 000	703 000	599 000	647 000
Total Assets	610 000	718 000	705 000	850 000
Total Retained Equity	−174 000	−101 000	−154 000	−91 000
Total Equity	−144 000	−71 000	−124 000	−61 000
Total Long-Term Debt	500 000	500 000	575 000	712 000
Total Current Debt	253 000	289 000	255 000	199 000
Total Equity and Debt	610 000	718 000	705 000	850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 397 000	1 806 000	1 861 000	1 736 000
Other Income	11 000	48 000	1 000	0
Revenue	1 409 000	1 853 000	1 863 000	1 736 000
Cost of Goods Sold	686 000	850 000	978 000	1 043 000
Salary Costs	322 000	369 000	313 000	333 000
Depreciation	0	91 000	97 000	97 000
Impairment	0	0	0	0
Expenditure	1 479 000	1 782 000	1 898 000	1 945 000
Operating Profit	−71 000	71 000	−36 000	−209 000
Financial Income	0	1 000	1 000	0
Financial Costs	2 000	19 000	28 000	36 000
Financial Balance	−2 000	−18 000	−27 000	−36 000
Dividends	0	0	0	0
Net Income	−73 000	53 000	−63 000	−230 000

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	91 000	188 000
Total Tangible Assets	0	0	91 000	188 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	15 000	15 000	106 000	203 000
Stock	490 000	427 000	348 000	523 000
Total Investments	0	0	0	0
Cash, Bank	96 000	272 000	225 000	110 000
Total Current Assets	595 000	703 000	599 000	647 000
Total Assets	610 000	718 000	705 000	850 000
Total Equity	−144 000	−71 000	−124 000	−61 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	500 000	575 000	712 000
Creditors	182 000	189 000	120 000	88 000
Unpaid Taxes	34 000	51 000	86 000	68 000
Dividends	0	0	0	0
Other Current Debt	37 000	49 000	49 000	43 000
Total Current Debt	253 000	289 000	255 000	199 000
Total Equity and Debt	610 000	718 000	705 000	850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,69 %	−74,65 %	50,81 %	377,05 %
Debt-to-Equity Ratio	−3,47	−7,04	−4,64	−11,67
Operating Profit Margin	−5,04 %	3,83 %	−1,93 %	−12,04 %
Current Ratio	2,35	2,43	2,35	3,25
Quick Ratio	−2,51	−5,09	−6,44	−2
Equity Ratio	−0,24	−0,1	−0,18	−0,07
Gross Profit Margin	51,31 %	54,13 %	47,5 %	39,92 %