THORSEN MASKIN AS

5229 KALANDSEIDET

Finances

Share Ownership

Return on Equity

5,5 %

Current Ratio

4,42

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 675 000	2 297 000	1 861 000	1 685 000
Net Income	166 000	598 000	486 000	428 000
Total Assets	3 437 000	3 315 000	2 765 000	2 373 000
Total Equity	3 018 000	2 852 000	2 253 000	1 768 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 675 000	2 297 000	1 861 000	1 685 000
Expenditure	1 469 000	1 534 000	1 242 000	1 137 000
Operating Profit	207 000	763 000	618 000	548 000
Financial Income	7 000	4 000	4 000	1 000
Financial Costs	1 000	0	0	0
Financial Balance	6 000	4 000	4 000	1 000
Earnings Before Tax	213 000	767 000	623 000	549 000
Tax	47 000	169 000	137 000	121 000
Net Income	166 000	598 000	486 000	428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 911 000	2 091 000	930 000	1 089 000
Total Current Assets	1 526 000	1 224 000	1 836 000	1 284 000
Total Assets	3 437 000	3 315 000	2 765 000	2 373 000
Total Retained Equity	2 981 000	2 815 000	2 217 000	1 731 000
Total Equity	3 018 000	2 852 000	2 253 000	1 768 000
Total Long-Term Debt	75 000	96 000	21 000	34 000
Total Current Debt	345 000	367 000	492 000	572 000
Total Equity and Debt	3 437 000	3 315 000	2 765 000	2 373 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 675 000	2 005 000	1 861 000	1 681 000
Other Income	0	293 000	0	4 000
Revenue	1 675 000	2 297 000	1 861 000	1 685 000
Cost of Goods Sold	198 000	236 000	342 000	370 000
Salary Costs	494 000	544 000	411 000	333 000
Depreciation	494 000	389 000	269 000	232 000
Impairment	0	0	0	0
Expenditure	1 469 000	1 534 000	1 242 000	1 137 000
Operating Profit	207 000	763 000	618 000	548 000
Financial Income	7 000	4 000	4 000	1 000
Financial Costs	1 000	0	0	0
Financial Balance	6 000	4 000	4 000	1 000
Dividends	0	0	0	0
Net Income	166 000	598 000	486 000	428 000

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	130 000	181 000	231 000	168 000
Fixtures	1 781 000	1 910 000	698 000	921 000
Total Tangible Assets	1 911 000	2 091 000	930 000	1 089 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 911 000	2 091 000	930 000	1 089 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 106 000	866 000	1 327 000	1 070 000
Total Current Assets	1 526 000	1 224 000	1 836 000	1 284 000
Total Assets	3 437 000	3 315 000	2 765 000	2 373 000
Total Equity	3 018 000	2 852 000	2 253 000	1 768 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	96 000	21 000	34 000
Creditors	27 000	29 000	152 000	20 000
Unpaid Taxes	161 000	137 000	106 000	91 000
Dividends	0	0	0	0
Other Current Debt	90 000	108 000	83 000	340 000
Total Current Debt	345 000	367 000	492 000	572 000
Total Equity and Debt	3 437 000	3 315 000	2 765 000	2 373 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,5 %	20,97 %	21,57 %	24,21 %
Debt-to-Equity Ratio	0,02	0,03	0,01	0,02
Operating Profit Margin	12,36 %	33,22 %	33,21 %	32,52 %
Current Ratio	4,42	3,34	3,73	2,24
Quick Ratio	4,42	3,34	3,73	2,24
Equity Ratio	0,88	0,86	0,81	0,75
Gross Profit Margin	88,18 %	89,73 %	81,62 %	78,04 %