THORSRUD WOOD AS

2613 LILLEHAMMER

Finances

Return on Equity

80,28 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 872 000	943 000	335 000
Net Income	403 000	−166 000	306 000
Total Assets	813 000	270 000	425 000
Total Equity	502 000	99 000	24 000

Income (NOK)	2022	2021	2020
Revenue	1 872 000	943 000	335 000
Expenditure	1 352 000	1 155 000	29 000
Operating Profit	520 000	−212 000	306 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Earnings Before Tax	519 000	−212 000	306 000
Tax	115 000	−47 000	0
Net Income	403 000	−166 000	306 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	47 000	0
Total Current Assets	813 000	223 000	425 000
Total Assets	813 000	270 000	425 000
Total Retained Equity	478 000	75 000	0
Total Equity	502 000	99 000	24 000
Total Long-Term Debt	0	0	0
Total Current Debt	311 000	171 000	95 000
Total Equity and Debt	813 000	270 000	119 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 872 000	943 000	335 000
Other Income	0	0	0
Revenue	1 872 000	943 000	335 000
Cost of Goods Sold	0	0	0
Salary Costs	1 057 000	1 078 000	16 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 352 000	1 155 000	29 000
Operating Profit	520 000	−212 000	306 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Dividends	0	0	0
Net Income	403 000	−166 000	306 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	47 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	47 000	0
Stock	0	0	0
Total Investments	2 000	0	0
Cash, Bank	419 000	178 000	425 000
Total Current Assets	813 000	223 000	425 000
Total Assets	813 000	270 000	425 000
Total Equity	502 000	99 000	24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	11 000	0	13 000
Unpaid Taxes	123 000	65 000	81 000
Dividends	0	0	0
Other Current Debt	108 000	106 000	0
Total Current Debt	311 000	171 000	95 000
Total Equity and Debt	813 000	270 000	119 000

Financial indicators	2022	2021	2020
Return on Equity	80,28 %	−167,68 %	1 275 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	27,78 %	−22,48 %	91,34 %
Current Ratio	2,61	1,3	4,47
Quick Ratio	2,61	1,3	4,47
Equity Ratio	0,62	0,37	0,06
Gross Profit Margin	100 %	100 %	100 %