THORKELSSON ELEKTRO AS

1392 VETTRE

Finances

Share Ownership

Return on Equity

42,58 %

Current Ratio

3,23

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 911 000	2 283 000	2 794 000	1 931 000
Net Income	539 000	−21 000	718 000	429 000
Total Assets	2 141 000	1 356 000	1 291 000	984 000
Total Equity	1 266 000	727 000	748 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 911 000	2 283 000	2 794 000	1 931 000
Expenditure	2 210 000	2 042 000	1 873 000	1 378 000
Operating Profit	701 000	241 000	921 000	553 000
Financial Income	1 000	0	1 000	0
Financial Costs	11 000	9 000	2 000	2 000
Financial Balance	−10 000	−9 000	−1 000	−2 000
Earnings Before Tax	691 000	232 000	920 000	551 000
Tax	152 000	253 000	202 000	121 000
Net Income	539 000	−21 000	718 000	429 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	423 000	529 000	268 000	103 000
Total Current Assets	1 718 000	827 000	1 023 000	881 000
Total Assets	2 141 000	1 356 000	1 291 000	984 000
Total Retained Equity	1 236 000	697 000	718 000	0
Total Equity	1 266 000	727 000	748 000	30 000
Total Long-Term Debt	343 000	385 000	149 000	0
Total Current Debt	532 000	244 000	394 000	954 000
Total Equity and Debt	2 141 000	1 356 000	1 291 000	984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 911 000	2 283 000	2 774 000	1 931 000
Other Income	0	0	20 000	0
Revenue	2 911 000	2 283 000	2 794 000	1 931 000
Cost of Goods Sold	1 246 000	1 089 000	1 111 000	896 000
Salary Costs	665 000	644 000	578 000	329 000
Depreciation	106 000	132 000	45 000	26 000
Impairment	0	0	0	0
Expenditure	2 210 000	2 042 000	1 873 000	1 378 000
Operating Profit	701 000	241 000	921 000	553 000
Financial Income	1 000	0	1 000	0
Financial Costs	11 000	9 000	2 000	2 000
Financial Balance	−10 000	−9 000	−1 000	−2 000
Dividends	0	0	0	576 000
Net Income	539 000	−21 000	718 000	429 000

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	423 000	529 000	268 000	103 000
Total Tangible Assets	423 000	529 000	268 000	103 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	423 000	529 000	268 000	103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 627 000	801 000	976 000	876 000
Total Current Assets	1 718 000	827 000	1 023 000	881 000
Total Assets	2 141 000	1 356 000	1 291 000	984 000
Total Equity	1 266 000	727 000	748 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	343 000	385 000	149 000	0
Creditors	8 000	8 000	12 000	1 000
Unpaid Taxes	295 000	88 000	121 000	141 000
Dividends	0	0	0	576 000
Other Current Debt	78 000	78 000	78 000	115 000
Total Current Debt	532 000	244 000	394 000	954 000
Total Equity and Debt	2 141 000	1 356 000	1 291 000	984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,58 %	−2,89 %	95,99 %	1 430 %
Debt-to-Equity Ratio	0,27	0,53	0,2	0
Operating Profit Margin	24,08 %	10,56 %	32,96 %	28,64 %
Current Ratio	3,23	3,39	2,6	0,92
Quick Ratio	3,23	3,39	2,6	0,92
Equity Ratio	0,59	0,54	0,58	0,03
Gross Profit Margin	57,2 %	52,3 %	60,24 %	53,6 %