TH.S.ENTREPRENØR AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

38,73 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 420 000	9 187 000	4 665 000	643 000
Net Income	146 000	279 000	−54 000	26 000
Total Assets	1 995 000	1 568 000	1 066 000	453 000
Total Equity	377 000	276 000	−4 000	50 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 420 000	9 187 000	4 665 000	643 000
Expenditure	8 224 000	8 819 000	4 729 000	611 000
Operating Profit	196 000	368 000	−64 000	31 000
Financial Income	0	0	0	0
Financial Costs	8 000	9 000	3 000	0
Financial Balance	−8 000	−9 000	−3 000	0
Earnings Before Tax	187 000	359 000	−67 000	31 000
Tax	42 000	80 000	−13 000	6 000
Net Income	146 000	279 000	−54 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	272 000	348 000	432 000	0
Total Current Assets	1 723 000	1 220 000	634 000	453 000
Total Assets	1 995 000	1 568 000	1 066 000	453 000
Total Retained Equity	347 000	246 000	−34 000	20 000
Total Equity	377 000	276 000	−4 000	50 000
Total Long-Term Debt	11 000	18 000	0	0
Total Current Debt	1 606 000	1 274 000	1 070 000	403 000
Total Equity and Debt	1 995 000	1 568 000	1 066 000	453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 420 000	9 187 000	4 665 000	643 000
Other Income	0	0	0	0
Revenue	8 420 000	9 187 000	4 665 000	643 000
Cost of Goods Sold	2 161 000	3 005 000	1 302 000	0
Salary Costs	5 096 000	4 738 000	2 770 000	543 000
Depreciation	76 000	76 000	40 000	0
Impairment	0	0	0	0
Expenditure	8 224 000	8 819 000	4 729 000	611 000
Operating Profit	196 000	368 000	−64 000	31 000
Financial Income	0	0	0	0
Financial Costs	8 000	9 000	3 000	0
Financial Balance	−8 000	−9 000	−3 000	0
Dividends	0	0	0	0
Net Income	146 000	279 000	−54 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	272 000	348 000	424 000	0
Total Tangible Assets	272 000	348 000	424 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	272 000	348 000	432 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	538 000	129 000	239 000	443 000
Total Current Assets	1 723 000	1 220 000	634 000	453 000
Total Assets	1 995 000	1 568 000	1 066 000	453 000
Total Equity	377 000	276 000	−4 000	50 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	18 000	0	0
Creditors	2 000	16 000	58 000	12 000
Unpaid Taxes	709 000	616 000	533 000	327 000
Dividends	0	0	0	0
Other Current Debt	846 000	588 000	479 000	58 000
Total Current Debt	1 606 000	1 274 000	1 070 000	403 000
Total Equity and Debt	1 995 000	1 568 000	1 066 000	453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,73 %	101,09 %	1 350 %	52 %
Debt-to-Equity Ratio	0,03	0,07	−0	0
Operating Profit Margin	2,33 %	4,01 %	−1,37 %	4,82 %
Current Ratio	1,07	0,96	0,59	1,12
Quick Ratio	1,07	0,96	0,59	1,12
Equity Ratio	0,19	0,18	−0	0,11
Gross Profit Margin	74,33 %	67,29 %	72,09 %	100 %