THORDEN AS

0661 OSLO

Finances

Share Ownership

Return on Equity

−268,75 %

Current Ratio

0,44

Debt-to-Equity Ratio

5,88

Key figures (NOK)	2022	2021	2020
Revenue	805 000	881 000	213 000
Net Income	−86 000	101 000	−12 000
Total Assets	298 000	335 000	90 000
Total Equity	32 000	118 000	17 000

Income (NOK)	2022	2021	2020
Revenue	805 000	881 000	213 000
Expenditure	873 000	755 000	224 000
Operating Profit	−67 000	126 000	−11 000
Financial Income	1 000	0	0
Financial Costs	22 000	2 000	1 000
Financial Balance	−21 000	−2 000	−1 000
Earnings Before Tax	−89 000	124 000	−12 000
Tax	−3 000	24 000	0
Net Income	−86 000	101 000	−12 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	264 000	235 000	0
Total Current Assets	34 000	99 000	90 000
Total Assets	298 000	335 000	90 000
Total Retained Equity	−3 000	88 000	−12 000
Total Equity	32 000	118 000	17 000
Total Long-Term Debt	188 000	0	12 000
Total Current Debt	78 000	217 000	60 000
Total Equity and Debt	298 000	335 000	90 000

Cash flow (NOK)	2022	2021	2020
Sales Income	805 000	896 000	213 000
Other Income	0	−15 000	0
Revenue	805 000	881 000	213 000
Cost of Goods Sold	41 000	29 000	51 000
Salary Costs	497 000	450 000	94 000
Depreciation	92 000	59 000	0
Impairment	0	0	0
Expenditure	873 000	755 000	224 000
Operating Profit	−67 000	126 000	−11 000
Financial Income	1 000	0	0
Financial Costs	22 000	2 000	1 000
Financial Balance	−21 000	−2 000	−1 000
Dividends	0	0	0
Net Income	−86 000	101 000	−12 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	264 000	235 000	0
Total Tangible Assets	264 000	235 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	264 000	235 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	34 000	45 000	22 000
Total Current Assets	34 000	99 000	90 000
Total Assets	298 000	335 000	90 000
Total Equity	32 000	118 000	17 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	188 000	0	12 000
Creditors	3 000	71 000	7 000
Unpaid Taxes	30 000	58 000	23 000
Dividends	0	0	0
Other Current Debt	45 000	63 000	31 000
Total Current Debt	78 000	217 000	60 000
Total Equity and Debt	298 000	335 000	90 000

Financial indicators	2022	2021	2020
Return on Equity	−268,75 %	85,59 %	−70,59 %
Debt-to-Equity Ratio	5,88	0	0,71
Operating Profit Margin	−8,32 %	14,3 %	−5,16 %
Current Ratio	0,44	0,46	1,5
Quick Ratio	0,44	0,46	1,5
Equity Ratio	0,11	0,35	0,19
Gross Profit Margin	94,91 %	96,71 %	76,06 %