THORN NORGE AS

0663 OSLO

Finances

Share Ownership

Return on Equity

12,27 %

Current Ratio

2,67

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 260 000	84 113 000	83 246 000	122 625 000
Net Income	7 631 000	4 286 000	−3 121 000	4 339 000
Total Assets	106 998 000	195 137 000	185 337 000	191 939 000
Total Equity	62 205 000	54 574 000	150 288 000	153 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 260 000	84 113 000	83 246 000	122 625 000
Expenditure	77 515 000	82 155 000	89 159 000	118 868 000
Operating Profit	6 745 000	1 958 000	−5 913 000	3 757 000
Financial Income	3 824 000	4 100 000	2 043 000	4 900 000
Financial Costs	384 000	309 000	281 000	2 848 000
Financial Balance	3 440 000	3 791 000	1 762 000	2 052 000
Earnings Before Tax	10 185 000	5 749 000	−4 151 000	5 809 000
Tax	2 554 000	1 463 000	−1 030 000	1 470 000
Net Income	7 631 000	4 286 000	−3 121 000	4 339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	442 000	850 000	1 270 000	1 792 000
Total Current Assets	106 556 000	194 287 000	184 067 000	190 147 000
Total Assets	106 998 000	195 137 000	185 337 000	191 939 000
Total Retained Equity	7 631 000	0	74 432 000	77 553 000
Total Equity	62 205 000	54 574 000	150 288 000	153 409 000
Total Long-Term Debt	4 953 000	8 988 000	8 986 000	8 758 000
Total Current Debt	39 840 000	131 575 000	26 063 000	29 772 000
Total Equity and Debt	106 998 000	195 137 000	185 337 000	191 939 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 260 000	84 113 000	83 246 000	122 625 000
Other Income	0	0	0	0
Revenue	84 260 000	84 113 000	83 246 000	122 625 000
Cost of Goods Sold	16 214 000	10 897 000	14 373 000	26 824 000
Salary Costs	19 148 000	15 457 000	17 178 000	17 990 000
Depreciation	316 000	435 000	449 000	187 000
Impairment	0	0	0	0
Expenditure	77 515 000	82 155 000	89 159 000	118 868 000
Operating Profit	6 745 000	1 958 000	−5 913 000	3 757 000
Financial Income	3 824 000	4 100 000	2 043 000	4 900 000
Financial Costs	384 000	309 000	281 000	2 848 000
Financial Balance	3 440 000	3 791 000	1 762 000	2 052 000
Dividends	0	100 000 000	0	0
Net Income	7 631 000	4 286 000	−3 121 000	4 339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	116 000	319 000	449 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 000	26 000	51 000	83 000
Fixtures	267 000	514 000	731 000	1 045 000
Total Tangible Assets	269 000	540 000	782 000	1 128 000
Total Fiancial Fixed Assets	173 000	194 000	169 000	215 000
Total Fixed Assets	442 000	850 000	1 270 000	1 792 000
Stock	106 000	112 000	108 000	135 000
Total Investments	0	0	0	0
Cash, Bank	1 765 000	1 738 000	2 182 000	1 796 000
Total Current Assets	106 556 000	194 287 000	184 067 000	190 147 000
Total Assets	106 998 000	195 137 000	185 337 000	191 939 000
Total Equity	62 205 000	54 574 000	150 288 000	153 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 953 000	8 988 000	8 986 000	8 758 000
Creditors	2 262 000	915 000	1 850 000	1 491 000
Unpaid Taxes	3 034 000	3 735 000	3 201 000	3 215 000
Dividends	0	100 000 000	0	0
Other Current Debt	23 535 000	22 052 000	21 012 000	21 898 000
Total Current Debt	39 840 000	131 575 000	26 063 000	29 772 000
Total Equity and Debt	106 998 000	195 137 000	185 337 000	191 939 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,27 %	7,85 %	−2,08 %	2,83 %
Debt-to-Equity Ratio	0,08	0,16	0,06	0,06
Operating Profit Margin	8 %	2,33 %	−7,1 %	3,06 %
Current Ratio	2,67	1,48	7,06	6,39
Quick Ratio	2,68	1,48	7,09	6,42
Equity Ratio	0,58	0,28	0,81	0,8
Gross Profit Margin	80,76 %	87,04 %	82,73 %	78,13 %