THORSEN BIL AS

5450 SUNDE I SUNNHORDLAND

Finances

Share Ownership

Return on Equity

61,73 %

Current Ratio

4,71

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 873 000	8 136 000	5 108 000	5 403 000
Net Income	621 000	106 000	57 000	−4 000
Total Assets	1 708 000	581 000	906 000	1 000 000
Total Equity	1 006 000	386 000	279 000	222 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 873 000	8 136 000	5 108 000	5 403 000
Expenditure	8 059 000	7 981 000	5 009 000	5 371 000
Operating Profit	814 000	155 000	98 000	32 000
Financial Income	0	0	0	0
Financial Costs	18 000	17 000	24 000	37 000
Financial Balance	−18 000	−17 000	−24 000	−37 000
Earnings Before Tax	796 000	137 000	74 000	−5 000
Tax	175 000	31 000	17 000	−1 000
Net Income	621 000	106 000	57 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	483 000	5 000	5 000	234 000
Total Current Assets	1 225 000	576 000	901 000	766 000
Total Assets	1 708 000	581 000	906 000	1 000 000
Total Retained Equity	917 000	297 000	190 000	127 000
Total Equity	1 006 000	386 000	279 000	222 000
Total Long-Term Debt	441 000	13 000	16 000	132 000
Total Current Debt	260 000	182 000	611 000	646 000
Total Equity and Debt	1 708 000	581 000	906 000	1 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 599 000	8 057 000	4 969 000	5 169 000
Other Income	274 000	78 000	139 000	234 000
Revenue	8 873 000	8 136 000	5 108 000	5 403 000
Cost of Goods Sold	6 894 000	6 977 000	4 056 000	4 392 000
Salary Costs	688 000	553 000	504 000	459 000
Depreciation	8 000	0	6 000	60 000
Impairment	0	0	0	0
Expenditure	8 059 000	7 981 000	5 009 000	5 371 000
Operating Profit	814 000	155 000	98 000	32 000
Financial Income	0	0	0	0
Financial Costs	18 000	17 000	24 000	37 000
Financial Balance	−18 000	−17 000	−24 000	−37 000
Dividends	0	0	0	0
Net Income	621 000	106 000	57 000	−4 000

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	478 000	0	0	229 000
Total Tangible Assets	478 000	0	0	229 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	483 000	5 000	5 000	234 000
Stock	1 096 000	483 000	817 000	450 000
Total Investments	0	0	0	0
Cash, Bank	80 000	69 000	14 000	14 000
Total Current Assets	1 225 000	576 000	901 000	766 000
Total Assets	1 708 000	581 000	906 000	1 000 000
Total Equity	1 006 000	386 000	279 000	222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	441 000	13 000	16 000	132 000
Creditors	28 000	30 000	42 000	50 000
Unpaid Taxes	39 000	51 000	27 000	27 000
Dividends	0	0	0	0
Other Current Debt	57 000	67 000	149 000	97 000
Total Current Debt	260 000	182 000	611 000	646 000
Total Equity and Debt	1 708 000	581 000	906 000	1 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,73 %	27,46 %	20,43 %	−1,8 %
Debt-to-Equity Ratio	0,44	0,03	0,06	0,59
Operating Profit Margin	9,17 %	1,91 %	1,92 %	0,59 %
Current Ratio	4,71	3,16	1,47	1,19
Quick Ratio	−1,47	−1,91	−4,37	3,91
Equity Ratio	0,59	0,66	0,31	0,22
Gross Profit Margin	22,3 %	14,25 %	20,6 %	18,71 %