T. THORSTENSEN EIENDOM AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

45,74 %

Current Ratio

6,54

Debt-to-Equity Ratio

13,38

Key figures (NOK)	2022	2021	2020
Revenue	330 000	285 000	0
Net Income	118 000	124 000	−2 000
Total Assets	3 766 000	3 707 000	23 000
Total Equity	258 000	141 000	17 000

Income (NOK)	2022	2021	2020
Revenue	330 000	285 000	0
Expenditure	115 000	97 000	2 000
Operating Profit	215 000	189 000	−2 000
Financial Income	0	0	0
Financial Costs	64 000	34 000	0
Financial Balance	−64 000	−34 000	0
Earnings Before Tax	151 000	155 000	−2 000
Tax	33 000	31 000	0
Net Income	118 000	124 000	−2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 400 000	3 248 000	0
Total Current Assets	366 000	459 000	23 000
Total Assets	3 766 000	3 707 000	23 000
Total Retained Equity	240 000	122 000	−2 000
Total Equity	258 000	141 000	17 000
Total Long-Term Debt	3 451 000	3 528 000	0
Total Current Debt	56 000	39 000	6 000
Total Equity and Debt	3 766 000	3 707 000	23 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	330 000	285 000	0
Revenue	330 000	285 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	60 000	46 000	0
Impairment	0	0	0
Expenditure	115 000	97 000	2 000
Operating Profit	215 000	189 000	−2 000
Financial Income	0	0	0
Financial Costs	64 000	34 000	0
Financial Balance	−64 000	−34 000	0
Dividends	0	0	0
Net Income	118 000	124 000	−2 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 400 000	3 248 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 400 000	3 248 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 400 000	3 248 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	54 000	112 000	23 000
Total Current Assets	366 000	459 000	23 000
Total Assets	3 766 000	3 707 000	23 000
Total Equity	258 000	141 000	17 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 451 000	3 528 000	0
Creditors	12 000	0	6 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	12 000	10 000	0
Total Current Debt	56 000	39 000	6 000
Total Equity and Debt	3 766 000	3 707 000	23 000

Financial indicators	2022	2021	2020
Return on Equity	45,74 %	87,94 %	−11,76 %
Debt-to-Equity Ratio	13,38	25,02	0
Operating Profit Margin	65,15 %	66,32 %	-
Current Ratio	6,54	11,77	3,83
Quick Ratio	6,54	11,77	3,83
Equity Ratio	0,07	0,04	0,74
Gross Profit Margin	100 %	100 %	-