THAITEC AS

0179 OSLO

Finances

Share Ownership

Return on Equity

107,59 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 216 000	3 489 000	4 246 000	7 988 000
Net Income	581 000	108 000	135 000	522 000
Total Assets	2 685 000	1 300 000	829 000	2 234 000
Total Equity	540 000	510 000	402 000	617 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 216 000	3 489 000	4 246 000	7 988 000
Expenditure	6 470 000	3 350 000	4 073 000	7 307 000
Operating Profit	746 000	139 000	173 000	681 000
Financial Income	0	0	10 000	0
Financial Costs	0	0	2 000	4 000
Financial Balance	0	0	8 000	−4 000
Earnings Before Tax	746 000	139 000	181 000	677 000
Tax	165 000	31 000	46 000	154 000
Net Income	581 000	108 000	135 000	522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	15 000	236 000	196 000
Total Current Assets	2 620 000	1 284 000	593 000	2 037 000
Total Assets	2 685 000	1 300 000	829 000	2 234 000
Total Retained Equity	510 000	480 000	372 000	587 000
Total Equity	540 000	510 000	402 000	617 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	2 140 000	789 000	428 000	1 617 000
Total Equity and Debt	2 685 000	1 300 000	829 000	2 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 139 000	2 815 000	3 807 000	7 486 000
Other Income	78 000	674 000	439 000	502 000
Revenue	7 216 000	3 489 000	4 246 000	7 988 000
Cost of Goods Sold	1 456 000	681 000	706 000	1 510 000
Salary Costs	3 340 000	1 427 000	1 953 000	4 372 000
Depreciation	11 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	6 470 000	3 350 000	4 073 000	7 307 000
Operating Profit	746 000	139 000	173 000	681 000
Financial Income	0	0	10 000	0
Financial Costs	0	0	2 000	4 000
Financial Balance	0	0	8 000	−4 000
Dividends	550 000	0	350 000	0
Net Income	581 000	108 000	135 000	522 000

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	65 000	15 000	0	0
Total Tangible Assets	65 000	15 000	0	0
Total Fiancial Fixed Assets	0	0	236 000	196 000
Total Fixed Assets	65 000	15 000	236 000	196 000
Stock	93 000	89 000	135 000	60 000
Total Investments	0	0	0	0
Cash, Bank	2 401 000	1 037 000	212 000	1 977 000
Total Current Assets	2 620 000	1 284 000	593 000	2 037 000
Total Assets	2 685 000	1 300 000	829 000	2 234 000
Total Equity	540 000	510 000	402 000	617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	365 000	30 000	24 000	60 000
Unpaid Taxes	451 000	461 000	88 000	616 000
Dividends	550 000	0	350 000	0
Other Current Debt	613 000	268 000	269 000	786 000
Total Current Debt	2 140 000	789 000	428 000	1 617 000
Total Equity and Debt	2 685 000	1 300 000	829 000	2 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,59 %	21,18 %	33,58 %	84,6 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	10,34 %	3,98 %	4,07 %	8,53 %
Current Ratio	1,22	1,63	1,39	1,26
Quick Ratio	1,28	1,83	2,02	1,31
Equity Ratio	0,2	0,39	0,48	0,28
Gross Profit Margin	79,82 %	80,48 %	83,37 %	81,1 %