THERMEX SCANDINAVIA AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

7,36 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 937 000	16 194 000	15 562 000	14 262 000
Net Income	311 000	251 000	240 000	222 000
Total Assets	10 779 000	10 189 000	10 313 000	5 721 000
Total Equity	4 225 000	3 915 000	3 664 000	3 424 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 937 000	16 194 000	15 562 000	14 262 000
Expenditure	19 897 000	16 305 000	15 473 000	13 980 000
Operating Profit	40 000	−110 000	89 000	282 000
Financial Income	359 000	433 000	236 000	87 000
Financial Costs	0	0	17 000	84 000
Financial Balance	359 000	433 000	219 000	3 000
Earnings Before Tax	398 000	322 000	308 000	285 000
Tax	88 000	71 000	68 000	63 000
Net Income	311 000	251 000	240 000	222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	254 000	344 000	416 000	795 000
Total Current Assets	10 525 000	9 845 000	9 897 000	4 925 000
Total Assets	10 779 000	10 189 000	10 313 000	5 721 000
Total Retained Equity	716 000	405 000	154 000	−86 000
Total Equity	4 225 000	3 915 000	3 664 000	3 424 000
Total Long-Term Debt	0	0	0	313 000
Total Current Debt	6 554 000	6 274 000	6 650 000	1 984 000
Total Equity and Debt	10 779 000	10 189 000	10 313 000	5 721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 933 000	16 194 000	15 557 000	14 262 000
Other Income	4 000	0	5 000	0
Revenue	19 937 000	16 194 000	15 562 000	14 262 000
Cost of Goods Sold	15 870 000	12 693 000	12 205 000	6 607 000
Salary Costs	1 157 000	1 071 000	980 000	2 132 000
Depreciation	2 000	2 000	67 000	74 000
Impairment	0	0	0	0
Expenditure	19 897 000	16 305 000	15 473 000	13 980 000
Operating Profit	40 000	−110 000	89 000	282 000
Financial Income	359 000	433 000	236 000	87 000
Financial Costs	0	0	17 000	84 000
Financial Balance	359 000	433 000	219 000	3 000
Dividends	0	0	0	0
Net Income	311 000	251 000	240 000	222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	254 000	342 000	413 000	481 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	4 000	315 000
Total Tangible Assets	0	2 000	4 000	315 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	254 000	344 000	416 000	795 000
Stock	0	0	0	213 000
Total Investments	0	0	0	0
Cash, Bank	1 110 000	859 000	2 289 000	994 000
Total Current Assets	10 525 000	9 845 000	9 897 000	4 925 000
Total Assets	10 779 000	10 189 000	10 313 000	5 721 000
Total Equity	4 225 000	3 915 000	3 664 000	3 424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	313 000
Creditors	5 148 000	5 009 000	5 305 000	478 000
Unpaid Taxes	770 000	644 000	777 000	478 000
Dividends	0	0	0	0
Other Current Debt	637 000	622 000	568 000	1 028 000
Total Current Debt	6 554 000	6 274 000	6 650 000	1 984 000
Total Equity and Debt	10 779 000	10 189 000	10 313 000	5 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,36 %	6,41 %	6,55 %	6,48 %
Debt-to-Equity Ratio	0	0	0	0,09
Operating Profit Margin	0,2 %	−0,68 %	0,57 %	1,98 %
Current Ratio	1,61	1,57	1,49	2,48
Quick Ratio	1,61	1,57	1,49	2,78
Equity Ratio	0,39	0,38	0,36	0,6
Gross Profit Margin	20,4 %	21,62 %	21,57 %	53,67 %