THORSLAND ELEKTRO AS

4540 ÅSERAL

Finances

Return on Equity

43,65 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 137 000	20 320 000	16 445 000	15 574 000
Net Income	1 281 000	1 323 000	649 000	1 162 000
Total Assets	10 736 000	7 968 000	7 756 000	6 367 000
Total Equity	2 935 000	1 905 000	2 081 000	1 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 137 000	20 320 000	16 445 000	15 574 000
Expenditure	20 447 000	18 589 000	15 602 000	14 051 000
Operating Profit	1 691 000	1 732 000	844 000	1 523 000
Financial Income	1 000	3 000	3 000	6 000
Financial Costs	49 000	38 000	15 000	36 000
Financial Balance	−48 000	−35 000	−12 000	−30 000
Earnings Before Tax	1 642 000	1 697 000	832 000	1 493 000
Tax	362 000	373 000	183 000	331 000
Net Income	1 281 000	1 323 000	649 000	1 162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	907 000	904 000	827 000	888 000
Total Current Assets	9 828 000	7 064 000	6 929 000	5 479 000
Total Assets	10 736 000	7 968 000	7 756 000	6 367 000
Total Retained Equity	2 905 000	1 875 000	2 051 000	1 403 000
Total Equity	2 935 000	1 905 000	2 081 000	1 433 000
Total Long-Term Debt	601 000	704 000	0	0
Total Current Debt	7 200 000	5 359 000	5 675 000	4 934 000
Total Equity and Debt	10 736 000	7 968 000	7 756 000	6 367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 113 000	20 320 000	16 445 000	15 574 000
Other Income	24 000	0	0	0
Revenue	22 137 000	20 320 000	16 445 000	15 574 000
Cost of Goods Sold	9 059 000	8 283 000	6 608 000	5 515 000
Salary Costs	9 121 000	8 276 000	7 377 000	6 923 000
Depreciation	165 000	137 000	116 000	86 000
Impairment	0	0	0	0
Expenditure	20 447 000	18 589 000	15 602 000	14 051 000
Operating Profit	1 691 000	1 732 000	844 000	1 523 000
Financial Income	1 000	3 000	3 000	6 000
Financial Costs	49 000	38 000	15 000	36 000
Financial Balance	−48 000	−35 000	−12 000	−30 000
Dividends	250 000	0	0	685 000
Net Income	1 281 000	1 323 000	649 000	1 162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	69 000	53 000	12 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	188 000	139 000	81 000	112 000
Fixtures	72 000	102 000	187 000	162 000
Total Tangible Assets	260 000	241 000	267 000	274 000
Total Fiancial Fixed Assets	578 000	611 000	548 000	588 000
Total Fixed Assets	907 000	904 000	827 000	888 000
Stock	1 654 000	1 321 000	1 240 000	1 168 000
Total Investments	0	0	0	0
Cash, Bank	1 922 000	1 344 000	1 223 000	920 000
Total Current Assets	9 828 000	7 064 000	6 929 000	5 479 000
Total Assets	10 736 000	7 968 000	7 756 000	6 367 000
Total Equity	2 935 000	1 905 000	2 081 000	1 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	601 000	704 000	0	0
Creditors	2 166 000	482 000	777 000	395 000
Unpaid Taxes	1 782 000	1 600 000	1 588 000	1 372 000
Dividends	250 000	0	0	685 000
Other Current Debt	2 623 000	2 643 000	3 114 000	2 192 000
Total Current Debt	7 200 000	5 359 000	5 675 000	4 934 000
Total Equity and Debt	10 736 000	7 968 000	7 756 000	6 367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,65 %	69,45 %	31,19 %	81,09 %
Debt-to-Equity Ratio	0,2	0,37	0	0
Operating Profit Margin	7,64 %	8,52 %	5,13 %	9,78 %
Current Ratio	1,37	1,32	1,22	1,11
Quick Ratio	1,77	1,75	1,56	1,45
Equity Ratio	0,27	0,24	0,27	0,23
Gross Profit Margin	59,08 %	59,24 %	59,82 %	64,59 %