THORGRUPPEN AS

0787 OSLO

Finances

Share Ownership

Return on Equity

107,02 %

Current Ratio

0,68

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 328 000	2 529 000	715 000	1 123 000
Net Income	−640 000	344 000	−72 000	35 000
Total Assets	1 279 000	1 216 000	0	196 000
Total Equity	−598 000	42 000	−2 000	70 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 328 000	2 529 000	715 000	1 123 000
Expenditure	5 962 000	2 109 000	787 000	1 077 000
Operating Profit	−634 000	421 000	−72 000	46 000
Financial Income	0	0	1 000	0
Financial Costs	6 000	0	2 000	0
Financial Balance	−6 000	0	−1 000	0
Earnings Before Tax	−640 000	421 000	−72 000	46 000
Tax	0	77 000	0	10 000
Net Income	−640 000	344 000	−72 000	35 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	1 000	0	0
Total Current Assets	1 279 000	1 215 000	0	196 000
Total Assets	1 279 000	1 216 000	0	196 000
Total Retained Equity	−628 000	12 000	−32 000	40 000
Total Equity	−598 000	42 000	−2 000	70 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 877 000	1 174 000	2 000	126 000
Total Equity and Debt	1 279 000	1 216 000	0	196 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 328 000	2 529 000	703 000	1 123 000
Other Income	0	0	12 000	0
Revenue	5 328 000	2 529 000	715 000	1 123 000
Cost of Goods Sold	661 000	933 000	245 000	128 000
Salary Costs	4 550 000	895 000	165 000	674 000
Depreciation	0	0	0	15 000
Impairment	0	0	0	0
Expenditure	5 962 000	2 109 000	787 000	1 077 000
Operating Profit	−634 000	421 000	−72 000	46 000
Financial Income	0	0	1 000	0
Financial Costs	6 000	0	2 000	0
Financial Balance	−6 000	0	−1 000	0
Dividends	0	300 000	0	0
Net Income	−640 000	344 000	−72 000	35 000

Balance details (NOK)	2021	2020	2019	2018
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	0	1 000	0	0
Total Fixed Assets	0	1 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	316 000	695 000	0	122 000
Total Current Assets	1 279 000	1 215 000	0	196 000
Total Assets	1 279 000	1 216 000	0	196 000
Total Equity	−598 000	42 000	−2 000	70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	93 000	57 000	3 000	5 000
Unpaid Taxes	725 000	369 000	−1 000	15 000
Dividends	0	300 000	0	0
Other Current Debt	1 058 000	371 000	0	95 000
Total Current Debt	1 877 000	1 174 000	2 000	126 000
Total Equity and Debt	1 279 000	1 216 000	0	196 000

Financial indicators	2021	2020	2019	2018
Return on Equity	107,02 %	819,05 %	3 600 %	50 %
Debt-to-Equity Ratio	−0	0	−0	0
Operating Profit Margin	−11,9 %	16,65 %	−10,07 %	4,1 %
Current Ratio	0,68	1,03	0	1,56
Quick Ratio	0,68	1,03	0	1,56
Equity Ratio	−0,47	0,03	-	0,36
Gross Profit Margin	87,59 %	63,11 %	65,73 %	88,6 %