THORSEN SAGBRUK AS

3962 STATHELLE

Finances

Share Ownership

Return on Equity

59,68 %

Current Ratio

1,05

Debt-to-Equity Ratio

2,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 111 000	6 180 000	4 847 000	4 423 000
Net Income	1 147 000	710 000	615 000	376 000
Total Assets	9 321 000	7 085 000	5 752 000	5 116 000
Total Equity	1 922 000	774 000	64 000	−551 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 111 000	6 180 000	4 847 000	4 423 000
Expenditure	5 703 000	5 316 000	4 075 000	3 868 000
Operating Profit	1 407 000	864 000	772 000	554 000
Financial Income	11 000	9 000	11 000	14 000
Financial Costs	271 000	163 000	168 000	191 000
Financial Balance	−260 000	−154 000	−157 000	−177 000
Earnings Before Tax	1 147 000	710 000	615 000	376 000
Tax	0	0	0	0
Net Income	1 147 000	710 000	615 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 706 000	4 951 000	4 102 000	3 570 000
Total Current Assets	2 615 000	2 134 000	1 650 000	1 546 000
Total Assets	9 321 000	7 085 000	5 752 000	5 116 000
Total Retained Equity	−1 228 000	−2 376 000	−3 086 000	−3 701 000
Total Equity	1 922 000	774 000	64 000	−551 000
Total Long-Term Debt	4 916 000	3 821 000	3 567 000	3 839 000
Total Current Debt	2 484 000	2 489 000	2 121 000	1 828 000
Total Equity and Debt	9 321 000	7 085 000	5 752 000	5 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 826 000	1 539 000	1 099 000	601 000
Other Income	5 285 000	4 641 000	3 748 000	3 822 000
Revenue	7 111 000	6 180 000	4 847 000	4 423 000
Cost of Goods Sold	24 000	73 000	27 000	99 000
Salary Costs	1 748 000	1 705 000	1 395 000	1 032 000
Depreciation	757 000	611 000	552 000	542 000
Impairment	0	0	0	0
Expenditure	5 703 000	5 316 000	4 075 000	3 868 000
Operating Profit	1 407 000	864 000	772 000	554 000
Financial Income	11 000	9 000	11 000	14 000
Financial Costs	271 000	163 000	168 000	191 000
Financial Balance	−260 000	−154 000	−157 000	−177 000
Dividends	0	0	0	0
Net Income	1 147 000	710 000	615 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 355 000	4 552 000	3 563 000	2 910 000
Machinery and Plant Facilities	18 000	21 000	42 000	22 000
Fixtures	334 000	378 000	498 000	572 000
Total Tangible Assets	6 706 000	4 951 000	4 102 000	3 570 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 706 000	4 951 000	4 102 000	3 570 000
Stock	0	0	45 000	45 000
Total Investments	0	0	0	0
Cash, Bank	717 000	662 000	863 000	793 000
Total Current Assets	2 615 000	2 134 000	1 650 000	1 546 000
Total Assets	9 321 000	7 085 000	5 752 000	5 116 000
Total Equity	1 922 000	774 000	64 000	−551 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 916 000	3 821 000	3 567 000	3 839 000
Creditors	112 000	40 000	447 000	364 000
Unpaid Taxes	132 000	283 000	123 000	100 000
Dividends	0	0	0	0
Other Current Debt	2 239 000	2 167 000	1 550 000	1 364 000
Total Current Debt	2 484 000	2 489 000	2 121 000	1 828 000
Total Equity and Debt	9 321 000	7 085 000	5 752 000	5 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,68 %	91,73 %	960,94 %	−68,24 %
Debt-to-Equity Ratio	2,56	4,94	55,73	−6,97
Operating Profit Margin	19,79 %	13,98 %	15,93 %	12,53 %
Current Ratio	1,05	0,86	0,78	0,85
Quick Ratio	1,05	0,86	0,79	0,87
Equity Ratio	0,21	0,11	0,01	−0,11
Gross Profit Margin	99,66 %	98,82 %	99,44 %	97,76 %