IVAR THORESEN AS

2560 ALVDAL

Finances

Return on Equity

16,25 %

Current Ratio

11,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	714 000	670 000	683 000	0
Net Income	183 000	1 047 000	122 000	0
Total Assets	1 223 000	1 293 000	272 000	30 000
Total Equity	1 126 000	1 193 000	146 000	24 000

Income (NOK)	2022	2021	2020
Revenue	714 000	670 000	683 000
Expenditure	712 000	657 000	529 000
Operating Profit	4 000	13 000	155 000
Financial Income	251 000	1 037 000	0
Financial Costs	72 000	0	0
Financial Balance	179 000	1 037 000	0
Earnings Before Tax	184 000	1 050 000	155 000
Tax	1 000	3 000	33 000
Net Income	183 000	1 047 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	557 000	18 000	0
Total Current Assets	1 100 000	736 000	254 000	30 000
Total Assets	1 223 000	1 293 000	272 000	30 000
Total Retained Equity	1 096 000	1 163 000	122 000	0
Total Equity	1 126 000	1 193 000	146 000	24 000
Total Long-Term Debt	4 000	2 000	1 000	0
Total Current Debt	94 000	97 000	124 000	6 000
Total Equity and Debt	1 223 000	1 293 000	272 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	713 000	670 000	683 000
Other Income	1 000	0	0
Revenue	714 000	670 000	683 000
Cost of Goods Sold	6 000	5 000	0
Salary Costs	454 000	459 000	391 000
Depreciation	17 000	17 000	1 000
Impairment	0	0	0
Expenditure	712 000	657 000	529 000
Operating Profit	4 000	13 000	155 000
Financial Income	251 000	1 037 000	0
Financial Costs	72 000	0	0
Financial Balance	179 000	1 037 000	0
Dividends	0	0	0
Net Income	183 000	1 047 000	122 000

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	24 000	40 000	18 000	0
Total Tangible Assets	24 000	40 000	18 000	0
Total Fiancial Fixed Assets	100 000	516 000	0	0
Total Fixed Assets	124 000	557 000	18 000	0
Stock	0	0	0	0
Total Investments	645 000	0	0	0
Cash, Bank	425 000	728 000	254 000	30 000
Total Current Assets	1 100 000	736 000	254 000	30 000
Total Assets	1 223 000	1 293 000	272 000	30 000
Total Equity	1 126 000	1 193 000	146 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	2 000	1 000	0
Creditors	7 000	3 000	9 000	0
Unpaid Taxes	39 000	44 000	42 000	0
Dividends	0	0	0	0
Other Current Debt	49 000	49 000	41 000	6 000
Total Current Debt	94 000	97 000	124 000	6 000
Total Equity and Debt	1 223 000	1 293 000	272 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,25 %	87,76 %	83,56 %	0 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	0,56 %	1,94 %	22,69 %	-
Current Ratio	11,7	7,59	2,05	5
Quick Ratio	11,7	7,59	2,05	5
Equity Ratio	0,92	0,92	0,54	0,8
Gross Profit Margin	99,16 %	99,25 %	100 %	-