THAI STATION AS

7240 HITRA

Finances

Share Ownership

Return on Equity

94,12 %

Current Ratio

0,87

Debt-to-Equity Ratio

−2,76

Key figures (NOK)	2022	2021	2020
Revenue	3 005 000	3 198 000	1 974 000
Net Income	−32 000	31 000	−64 000
Total Assets	405 000	471 000	270 000
Total Equity	−34 000	−2 000	−34 000

Income (NOK)	2022	2021	2020
Revenue	3 005 000	3 198 000	1 974 000
Expenditure	3 029 000	3 151 000	2 056 000
Operating Profit	−24 000	47 000	−81 000
Financial Income	1 000	0	0
Financial Costs	17 000	7 000	1 000
Financial Balance	−16 000	−7 000	−1 000
Earnings Before Tax	−40 000	40 000	−82 000
Tax	−8 000	9 000	−18 000
Net Income	−32 000	31 000	−64 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	104 000	58 000	18 000
Total Current Assets	301 000	414 000	252 000
Total Assets	405 000	471 000	270 000
Total Retained Equity	−64 000	−32 000	−64 000
Total Equity	−34 000	−2 000	−34 000
Total Long-Term Debt	94 000	38 000	0
Total Current Debt	345 000	436 000	304 000
Total Equity and Debt	405 000	471 000	270 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 004 000	3 197 000	1 974 000
Other Income	1 000	1 000	0
Revenue	3 005 000	3 198 000	1 974 000
Cost of Goods Sold	1 149 000	1 271 000	817 000
Salary Costs	1 176 000	1 156 000	890 000
Depreciation	47 000	21 000	0
Impairment	0	0	0
Expenditure	3 029 000	3 151 000	2 056 000
Operating Profit	−24 000	47 000	−81 000
Financial Income	1 000	0	0
Financial Costs	17 000	7 000	1 000
Financial Balance	−16 000	−7 000	−1 000
Dividends	0	0	0
Net Income	−32 000	31 000	−64 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	17 000	9 000	18 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	87 000	49 000	0
Total Tangible Assets	87 000	49 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	104 000	58 000	18 000
Stock	21 000	95 000	50 000
Total Investments	0	0	0
Cash, Bank	270 000	311 000	177 000
Total Current Assets	301 000	414 000	252 000
Total Assets	405 000	471 000	270 000
Total Equity	−34 000	−2 000	−34 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	94 000	38 000	0
Creditors	15 000	23 000	19 000
Unpaid Taxes	70 000	97 000	65 000
Dividends	0	0	0
Other Current Debt	261 000	316 000	220 000
Total Current Debt	345 000	436 000	304 000
Total Equity and Debt	405 000	471 000	270 000

Financial indicators	2022	2021	2020
Return on Equity	94,12 %	−1 550 %	188,24 %
Debt-to-Equity Ratio	−2,76	−19	−0
Operating Profit Margin	−0,8 %	1,47 %	−4,1 %
Current Ratio	0,87	0,95	0,83
Quick Ratio	0,93	1,21	0,99
Equity Ratio	−0,08	−0	−0,13
Gross Profit Margin	61,76 %	60,26 %	58,61 %