THORSÅS GRAVE OG GRUNNARBEIDER AS

3647 HVITTINGFOSS

Finances

Share Ownership

Return on Equity

13,94 %

Current Ratio

−0,11

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 464 000	2 338 000	1 894 000	2 139 000
Net Income	186 000	361 000	185 000	343 000
Total Assets	266 000	172 000	338 000	378 000
Total Equity	1 334 000	1 205 000	931 000	746 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 464 000	2 338 000	1 894 000	2 139 000
Expenditure	1 246 000	1 875 000	1 658 000	1 701 000
Operating Profit	218 000	463 000	237 000	437 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Earnings Before Tax	218 000	463 000	237 000	439 000
Tax	32 000	102 000	51 000	97 000
Net Income	186 000	361 000	185 000	343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	147 000	172 000	308 000	348 000
Total Current Assets	120 000	0	30 000	30 000
Total Assets	266 000	172 000	338 000	378 000
Total Retained Equity	0	0	931 000	746 000
Total Equity	1 334 000	1 205 000	931 000	746 000
Total Long-Term Debt	−8 000	0	0	0
Total Current Debt	−1 059 000	−1 032 000	−592 000	−367 000
Total Equity and Debt	266 000	172 000	338 000	378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 464 000	2 338 000	1 894 000	2 139 000
Other Income	0	0	0	0
Revenue	1 464 000	2 338 000	1 894 000	2 139 000
Cost of Goods Sold	545 000	1 073 000	878 000	893 000
Salary Costs	493 000	441 000	413 000	450 000
Depreciation	26 000	33 000	69 000	78 000
Impairment	0	0	0	0
Expenditure	1 246 000	1 875 000	1 658 000	1 701 000
Operating Profit	218 000	463 000	237 000	437 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Dividends	0	0	0	0
Net Income	186 000	361 000	185 000	343 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	37 000	38 000	40 000	42 000
Machinery and Plant Facilities	109 000	134 000	269 000	307 000
Fixtures	0	0	0	0
Total Tangible Assets	146 000	172 000	308 000	348 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	147 000	172 000	308 000	348 000
Stock	0	0	0	0
Total Investments	30 000	0	30 000	30 000
Cash, Bank	98 000	0	0	0
Total Current Assets	120 000	0	30 000	30 000
Total Assets	266 000	172 000	338 000	378 000
Total Equity	1 334 000	1 205 000	931 000	746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−8 000	0	0	0
Creditors	375 000	366 000	451 000	669 000
Unpaid Taxes	139 000	107 000	70 000	43 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−1 059 000	−1 032 000	−592 000	−367 000
Total Equity and Debt	266 000	172 000	338 000	378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,94 %	29,96 %	19,87 %	45,98 %
Debt-to-Equity Ratio	−0,01	0	0	0
Operating Profit Margin	14,89 %	19,8 %	12,51 %	20,43 %
Current Ratio	−0,11	−0	−0,05	−0,08
Quick Ratio	−0,11	−0	−0,05	−0,08
Equity Ratio	5,02	7,01	2,75	1,97
Gross Profit Margin	62,77 %	54,11 %	53,64 %	58,25 %