THORSGAARD HOLDING AS

6520 FREI

Finances

Return on Equity

−13,16 %

Current Ratio

0,02

Debt-to-Equity Ratio

−19,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	101 000	2 000	152 000
Net Income	5 000	−32 000	−2 000	0
Total Assets	801 000	410 000	414 000	380 000
Total Equity	−38 000	−43 000	−12 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	101 000	2 000	152 000
Expenditure	4 000	133 000	5 000	141 000
Operating Profit	−4 000	−32 000	−3 000	11 000
Financial Income	0	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	1 000	0
Earnings Before Tax	−4 000	−32 000	−2 000	11 000
Tax	−9 000	0	0	11 000
Net Income	5 000	−32 000	−2 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	799 000	417 000	415 000	380 000
Total Current Assets	2 000	−7 000	−1 000	−1 000
Total Assets	801 000	410 000	414 000	380 000
Total Retained Equity	−88 000	−93 000	−62 000	−60 000
Total Equity	−38 000	−43 000	−12 000	−10 000
Total Long-Term Debt	755 000	380 000	378 000	375 000
Total Current Debt	85 000	74 000	49 000	15 000
Total Equity and Debt	801 000	410 000	414 000	380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	101 000	2 000	152 000
Other Income	0	0	0	0
Revenue	0	101 000	2 000	152 000
Cost of Goods Sold	0	100 000	0	87 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	133 000	5 000	141 000
Operating Profit	−4 000	−32 000	−3 000	11 000
Financial Income	0	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	1 000	0
Dividends	0	0	0	0
Net Income	5 000	−32 000	−2 000	0

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	799 000	417 000	415 000	380 000
Total Fixed Assets	799 000	417 000	415 000	380 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	−2 000	1 000	1 000
Total Current Assets	2 000	−7 000	−1 000	−1 000
Total Assets	801 000	410 000	414 000	380 000
Total Equity	−38 000	−43 000	−12 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	755 000	380 000	378 000	375 000
Creditors	1 000	0	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	82 000	68 000	39 000	3 000
Total Current Debt	85 000	74 000	49 000	15 000
Total Equity and Debt	801 000	410 000	414 000	380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,16 %	74,42 %	16,67 %	−0 %
Debt-to-Equity Ratio	−19,87	−8,84	−31,5	−37,5
Operating Profit Margin	-	−31,68 %	−150 %	7,24 %
Current Ratio	0,02	−0,09	−0,02	−0,07
Quick Ratio	0,02	−0,09	−0,02	−0,07
Equity Ratio	−0,05	−0,1	−0,03	−0,03
Gross Profit Margin	-	0,99 %	100 %	42,76 %