T. THOMASSEN AS

3320 VESTFOSSEN

Finances

Share Ownership

Return on Equity

203,04 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 550 000	0	1 935 000	1 697 000
Net Income	601 000	−182 000	159 000	79 000
Total Assets	1 358 000	4 602 000	815 000	211 000
Total Equity	296 000	85 000	267 000	109 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 550 000	0	1 935 000	1 697 000
Expenditure	7 501 000	61 000	1 727 000	1 595 000
Operating Profit	1 049 000	−61 000	208 000	102 000
Financial Income	3 000	0	0	0
Financial Costs	282 000	173 000	5 000	0
Financial Balance	−279 000	−173 000	−5 000	0
Earnings Before Tax	770 000	−234 000	204 000	102 000
Tax	169 000	−51 000	45 000	23 000
Net Income	601 000	−182 000	159 000	79 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	1 358 000	4 602 000	815 000	211 000
Total Assets	1 358 000	4 602 000	815 000	211 000
Total Retained Equity	266 000	55 000	237 000	79 000
Total Equity	296 000	85 000	267 000	109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 062 000	4 517 000	548 000	103 000
Total Equity and Debt	1 358 000	4 602 000	815 000	211 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 550 000	0	1 935 000	1 697 000
Other Income	0	0	0	0
Revenue	8 550 000	0	1 935 000	1 697 000
Cost of Goods Sold	7 302 000	0	1 636 000	1 528 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 501 000	61 000	1 727 000	1 595 000
Operating Profit	1 049 000	−61 000	208 000	102 000
Financial Income	3 000	0	0	0
Financial Costs	282 000	173 000	5 000	0
Financial Balance	−279 000	−173 000	−5 000	0
Dividends	0	0	0	0
Net Income	601 000	−182 000	159 000	79 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	4 401 000	500 000	0
Total Investments	0	0	0	0
Cash, Bank	1 192 000	1 000	19 000	211 000
Total Current Assets	1 358 000	4 602 000	815 000	211 000
Total Assets	1 358 000	4 602 000	815 000	211 000
Total Equity	296 000	85 000	267 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	0	2 000
Unpaid Taxes	0	0	0	29 000
Dividends	0	0	0	0
Other Current Debt	1 000 000	0	503 000	49 000
Total Current Debt	1 062 000	4 517 000	548 000	103 000
Total Equity and Debt	1 358 000	4 602 000	815 000	211 000

Financial indicators	2021	2020	2019	2018
Return on Equity	203,04 %	−214,12 %	59,55 %	72,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,27 %	-	10,75 %	6,01 %
Current Ratio	1,28	1,02	1,49	2,05
Quick Ratio	1,28	39,67	16,98	2,05
Equity Ratio	0,22	0,02	0,33	0,52
Gross Profit Margin	14,6 %	-	15,45 %	9,96 %