THRANE & THRANE TEKNIKK AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

59,31 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 583 000	19 083 000	12 266 000	15 516 000
Net Income	2 622 000	1 105 000	612 000	860 000
Total Assets	13 499 000	7 982 000	8 525 000	7 956 000
Total Equity	4 421 000	2 267 000	2 137 000	1 992 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 583 000	19 083 000	12 266 000	15 516 000
Expenditure	24 180 000	17 610 000	11 408 000	14 346 000
Operating Profit	3 403 000	1 473 000	857 000	1 170 000
Financial Income	18 000	0	1 000	2 000
Financial Costs	59 000	56 000	73 000	68 000
Financial Balance	−41 000	−56 000	−72 000	−66 000
Earnings Before Tax	3 362 000	1 417 000	785 000	1 104 000
Tax	740 000	312 000	173 000	244 000
Net Income	2 622 000	1 105 000	612 000	860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 107 000	2 362 000	2 549 000	1 589 000
Total Current Assets	11 392 000	5 620 000	5 976 000	6 367 000
Total Assets	13 499 000	7 982 000	8 525 000	7 956 000
Total Retained Equity	3 921 000	1 767 000	1 637 000	1 492 000
Total Equity	4 421 000	2 267 000	2 137 000	1 992 000
Total Long-Term Debt	837 000	864 000	1 695 000	1 187 000
Total Current Debt	8 240 000	4 851 000	4 694 000	4 777 000
Total Equity and Debt	13 499 000	7 982 000	8 525 000	7 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 046 000	18 705 000	11 477 000	15 476 000
Other Income	537 000	378 000	789 000	41 000
Revenue	27 583 000	19 083 000	12 266 000	15 516 000
Cost of Goods Sold	18 779 000	11 616 000	6 845 000	9 621 000
Salary Costs	3 882 000	4 197 000	3 201 000	3 298 000
Depreciation	171 000	172 000	169 000	125 000
Impairment	0	0	0	0
Expenditure	24 180 000	17 610 000	11 408 000	14 346 000
Operating Profit	3 403 000	1 473 000	857 000	1 170 000
Financial Income	18 000	0	1 000	2 000
Financial Costs	59 000	56 000	73 000	68 000
Financial Balance	−41 000	−56 000	−72 000	−66 000
Dividends	0	0	0	0
Net Income	2 622 000	1 105 000	612 000	860 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	232 000	364 000	379 000	407 000
Real Eastate	1 059 000	1 059 000	1 059 000	1 059 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	816 000	939 000	1 111 000	123 000
Total Tangible Assets	1 875 000	1 998 000	2 170 000	1 182 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 107 000	2 362 000	2 549 000	1 589 000
Stock	1 623 000	1 605 000	1 324 000	1 517 000
Total Investments	0	0	0	0
Cash, Bank	3 311 000	1 380 000	1 967 000	547 000
Total Current Assets	11 392 000	5 620 000	5 976 000	6 367 000
Total Assets	13 499 000	7 982 000	8 525 000	7 956 000
Total Equity	4 421 000	2 267 000	2 137 000	1 992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	837 000	864 000	1 695 000	1 187 000
Creditors	4 470 000	1 379 000	1 906 000	1 857 000
Unpaid Taxes	1 230 000	615 000	680 000	563 000
Dividends	0	0	0	0
Other Current Debt	2 064 000	2 439 000	2 096 000	1 654 000
Total Current Debt	8 240 000	4 851 000	4 694 000	4 777 000
Total Equity and Debt	13 499 000	7 982 000	8 525 000	7 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,31 %	48,74 %	28,64 %	43,17 %
Debt-to-Equity Ratio	0,19	0,38	0,79	0,6
Operating Profit Margin	12,34 %	7,72 %	6,99 %	7,54 %
Current Ratio	1,38	1,16	1,27	1,33
Quick Ratio	1,72	1,73	1,77	1,95
Equity Ratio	0,33	0,28	0,25	0,25
Gross Profit Margin	31,92 %	39,13 %	44,2 %	37,99 %