THORS HAGE AS

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

38,82 %

Current Ratio

0,06

Debt-to-Equity Ratio

−16,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	366 000	358 000	350 000	100 000
Net Income	−132 000	−67 000	−124 000	−47 000
Total Assets	8 595 000	8 519 000	8 488 000	8 422 000
Total Equity	−340 000	−208 000	−142 000	−17 000

Income (NOK)	2022	2021	2020	2019
Revenue	366 000	358 000	350 000	100 000
Expenditure	53 000	59 000	58 000	48 000
Operating Profit	313 000	299 000	292 000	52 000
Financial Income	0	0	0	0
Financial Costs	482 000	384 000	451 000	113 000
Financial Balance	−482 000	−384 000	−451 000	−113 000
Earnings Before Tax	−169 000	−85 000	−159 000	−61 000
Tax	−37 000	−19 000	−35 000	−13 000
Net Income	−132 000	−67 000	−124 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 389 000	8 352 000	8 333 000	8 298 000
Total Current Assets	206 000	167 000	155 000	124 000
Total Assets	8 595 000	8 519 000	8 488 000	8 422 000
Total Retained Equity	−370 000	−238 000	−172 000	−47 000
Total Equity	−340 000	−208 000	−142 000	−17 000
Total Long-Term Debt	5 610 000	5 779 000	5 775 000	5 775 000
Total Current Debt	3 326 000	2 948 000	2 855 000	2 665 000
Total Equity and Debt	8 595 000	8 519 000	8 488 000	8 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	366 000	358 000	350 000	100 000
Revenue	366 000	358 000	350 000	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	53 000	59 000	58 000	48 000
Operating Profit	313 000	299 000	292 000	52 000
Financial Income	0	0	0	0
Financial Costs	482 000	384 000	451 000	113 000
Financial Balance	−482 000	−384 000	−451 000	−113 000
Dividends	0	0	0	0
Net Income	−132 000	−67 000	−124 000	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	104 000	67 000	48 000	13 000
Real Eastate	8 285 000	8 285 000	8 285 000	8 285 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 285 000	8 285 000	8 285 000	8 285 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 389 000	8 352 000	8 333 000	8 298 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	161 000	148 000	117 000
Total Current Assets	206 000	167 000	155 000	124 000
Total Assets	8 595 000	8 519 000	8 488 000	8 422 000
Total Equity	−340 000	−208 000	−142 000	−17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 610 000	5 779 000	5 775 000	5 775 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 326 000	2 948 000	2 855 000	2 665 000
Total Current Debt	3 326 000	2 948 000	2 855 000	2 665 000
Total Equity and Debt	8 595 000	8 519 000	8 488 000	8 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,82 %	32,21 %	87,32 %	276,47 %
Debt-to-Equity Ratio	−16,5	−27,78	−40,67	−339,71
Operating Profit Margin	85,52 %	83,52 %	83,43 %	52 %
Current Ratio	0,06	0,06	0,05	0,05
Quick Ratio	0,06	0,06	0,05	0,05
Equity Ratio	−0,04	−0,02	−0,02	−0
Gross Profit Margin	100 %	100 %	100 %	100 %