THES HELSE AS

3268 LARVIK

Finances

Share Ownership

Return on Equity

204,96 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 565 000	3 098 000	3 019 000	2 705 000
Net Income	1 447 000	1 023 000	778 000	542 000
Total Assets	2 148 000	1 235 000	1 441 000	1 113 000
Total Equity	706 000	759 000	536 000	259 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 565 000	3 098 000	3 019 000	2 705 000
Expenditure	1 709 000	1 783 000	2 015 000	2 002 000
Operating Profit	1 856 000	1 314 000	1 004 000	703 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	1 000	0	0	−3 000
Earnings Before Tax	1 857 000	1 314 000	1 004 000	700 000
Tax	410 000	291 000	226 000	158 000
Net Income	1 447 000	1 023 000	778 000	542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	255 000	271 000	275 000
Total Current Assets	2 023 000	980 000	1 169 000	838 000
Total Assets	2 148 000	1 235 000	1 441 000	1 113 000
Total Retained Equity	676 000	729 000	512 000	234 000
Total Equity	706 000	759 000	536 000	259 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	1 442 000	476 000	904 000	854 000
Total Equity and Debt	2 148 000	1 235 000	1 441 000	1 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 565 000	3 098 000	3 019 000	2 697 000
Other Income	0	0	0	9 000
Revenue	3 565 000	3 098 000	3 019 000	2 705 000
Cost of Goods Sold	0	0	0	0
Salary Costs	956 000	897 000	895 000	820 000
Depreciation	5 000	10 000	10 000	6 000
Impairment	0	0	0	0
Expenditure	1 709 000	1 783 000	2 015 000	2 002 000
Operating Profit	1 856 000	1 314 000	1 004 000	703 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	1 000	0	0	−3 000
Dividends	800 000	800 000	500 000	400 000
Net Income	1 447 000	1 023 000	778 000	542 000

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	0	5 000	15 000	25 000
Total Tangible Assets	0	5 000	15 000	25 000
Total Fiancial Fixed Assets	125 000	250 000	256 000	250 000
Total Fixed Assets	125 000	255 000	271 000	275 000
Stock	0	0	0	0
Total Investments	180 000	60 000	0	0
Cash, Bank	1 657 000	823 000	1 032 000	740 000
Total Current Assets	2 023 000	980 000	1 169 000	838 000
Total Assets	2 148 000	1 235 000	1 441 000	1 113 000
Total Equity	706 000	759 000	536 000	259 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	65 000	42 000	38 000	4 000
Unpaid Taxes	55 000	55 000	63 000	44 000
Dividends	800 000	800 000	500 000	400 000
Other Current Debt	113 000	87 000	576 000	248 000
Total Current Debt	1 442 000	476 000	904 000	854 000
Total Equity and Debt	2 148 000	1 235 000	1 441 000	1 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	204,96 %	134,78 %	145,15 %	209,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,06 %	42,41 %	33,26 %	25,99 %
Current Ratio	1,4	2,06	1,29	0,98
Quick Ratio	1,4	2,06	1,29	0,98
Equity Ratio	0,33	0,61	0,37	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %