THOR HUSHOVD AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−268,17 %

Current Ratio

0,79

Debt-to-Equity Ratio

10,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 148 000	1 457 000	1 753 000	48 000
Net Income	−2 022 000	−479 000	−3 727 000	−165 000
Total Assets	10 200 000	11 826 000	11 934 000	14 291 000
Total Equity	754 000	2 776 000	3 256 000	5 483 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 148 000	1 457 000	1 753 000	48 000
Expenditure	2 114 000	2 056 000	5 339 000	271 000
Operating Profit	−1 713 000	−113 000	−3 586 000	−223 000
Financial Income	241 000	39 000	274 000	76 000
Financial Costs	550 000	405 000	415 000	17 000
Financial Balance	−309 000	−366 000	−141 000	59 000
Earnings Before Tax	−2 022 000	−479 000	−3 727 000	−165 000
Tax	0	0	0	0
Net Income	−2 022 000	−479 000	−3 727 000	−165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 058 000	7 766 000	5 446 000	7 340 000
Total Current Assets	1 142 000	4 060 000	6 488 000	6 951 000
Total Assets	10 200 000	11 826 000	11 934 000	14 291 000
Total Retained Equity	−11 870 000	−9 848 000	−9 369 000	−5 642 000
Total Equity	754 000	2 776 000	3 256 000	5 483 000
Total Long-Term Debt	8 000 000	8 000 000	8 000 000	8 000 000
Total Current Debt	1 446 000	1 050 000	678 000	808 000
Total Equity and Debt	10 200 000	11 826 000	11 934 000	14 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 148 000	1 457 000	1 753 000	48 000
Other Income	0	0	0	0
Revenue	1 148 000	1 457 000	1 753 000	48 000
Cost of Goods Sold	0	−36 000	2 260 000	−1 269 000
Salary Costs	104 000	23 000	301 000	494 000
Depreciation	1 132 000	863 000	1 787 000	1 819 000
Impairment	0	0	0	0
Expenditure	2 114 000	2 056 000	5 339 000	271 000
Operating Profit	−1 713 000	−113 000	−3 586 000	−223 000
Financial Income	241 000	39 000	274 000	76 000
Financial Costs	550 000	405 000	415 000	17 000
Financial Balance	−309 000	−366 000	−141 000	59 000
Dividends	0	0	0	0
Net Income	−2 022 000	−479 000	−3 727 000	−165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 985 000	7 684 000	5 355 000	7 274 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 000	16 000	25 000	0
Total Tangible Assets	7 000	16 000	25 000	0
Total Fiancial Fixed Assets	66 000	66 000	66 000	66 000
Total Fixed Assets	9 058 000	7 766 000	5 446 000	7 340 000
Stock	1 017 000	1 763 000	1 277 000	0
Total Investments	0	0	0	0
Cash, Bank	98 000	647 000	2 151 000	965 000
Total Current Assets	1 142 000	4 060 000	6 488 000	6 951 000
Total Assets	10 200 000	11 826 000	11 934 000	14 291 000
Total Equity	754 000	2 776 000	3 256 000	5 483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000 000	8 000 000	8 000 000	8 000 000
Creditors	35 000	213 000	209 000	636 000
Unpaid Taxes	26 000	148 000	61 000	98 000
Dividends	0	0	0	0
Other Current Debt	1 385 000	689 000	408 000	74 000
Total Current Debt	1 446 000	1 050 000	678 000	808 000
Total Equity and Debt	10 200 000	11 826 000	11 934 000	14 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−268,17 %	−17,26 %	−114,47 %	−3,01 %
Debt-to-Equity Ratio	10,61	2,88	2,46	1,46
Operating Profit Margin	−149,22 %	−7,76 %	−204,56 %	−464,58 %
Current Ratio	0,79	3,87	9,57	8,6
Quick Ratio	2,66	−5,69	−10,83	8,6
Equity Ratio	0,07	0,23	0,27	0,38
Gross Profit Margin	100 %	102,47 %	−28,92 %	2 743,75 %