THORNÆS HOLDING AS

1413 TÅRNÅSEN

Finances

Share Ownership

Return on Equity

−13,09 %

Current Ratio

7,12

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	3 628 000	364 000
Net Income	−761 000	758 000	3 524 000	−427 000
Total Assets	7 610 000	9 880 000	11 244 000	7 186 000
Total Equity	5 814 000	7 475 000	8 016 000	5 992 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	3 628 000	364 000
Expenditure	50 000	56 000	190 000	162 000
Operating Profit	−50 000	−56 000	3 438 000	42 000
Financial Income	177 000	835 000	1 301 000	0
Financial Costs	881 000	0	459 000	459 000
Financial Balance	−704 000	835 000	842 000	−459 000
Earnings Before Tax	−754 000	778 000	4 280 000	−417 000
Tax	7 000	20 000	756 000	9 000
Net Income	−761 000	758 000	3 524 000	−427 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	6 506 000
Total Current Assets	7 610 000	9 880 000	11 244 000	680 000
Total Assets	7 610 000	9 880 000	11 244 000	7 186 000
Total Retained Equity	5 578 000	7 239 000	7 780 000	5 756 000
Total Equity	5 814 000	7 475 000	8 016 000	5 992 000
Total Long-Term Debt	727 000	887 000	1 085 000	969 000
Total Current Debt	1 069 000	1 518 000	2 142 000	224 000
Total Equity and Debt	7 610 000	9 880 000	11 244 000	7 186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 000	0
Other Income	0	0	3 625 000	364 000
Revenue	0	0	3 628 000	364 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	162 000
Impairment	0	0	0	0
Expenditure	50 000	56 000	190 000	162 000
Operating Profit	−50 000	−56 000	3 438 000	42 000
Financial Income	177 000	835 000	1 301 000	0
Financial Costs	881 000	0	459 000	459 000
Financial Balance	−704 000	835 000	842 000	−459 000
Dividends	900 000	1 300 000	1 500 000	100 000
Net Income	−761 000	758 000	3 524 000	−427 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	6 406 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	6 406 000
Total Fiancial Fixed Assets	0	0	0	100 000
Total Fixed Assets	0	0	0	6 506 000
Stock	0	0	0	0
Total Investments	7 174 000	9 177 000	10 342 000	0
Cash, Bank	437 000	703 000	902 000	680 000
Total Current Assets	7 610 000	9 880 000	11 244 000	680 000
Total Assets	7 610 000	9 880 000	11 244 000	7 186 000
Total Equity	5 814 000	7 475 000	8 016 000	5 992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	727 000	887 000	1 085 000	969 000
Creditors	2 000	218 000	4 000	18 000
Unpaid Taxes	0	1 300 000	−2 000	21 000
Dividends	900 000	1 300 000	1 500 000	100 000
Other Current Debt	0	0	0	16 000
Total Current Debt	1 069 000	1 518 000	2 142 000	224 000
Total Equity and Debt	7 610 000	9 880 000	11 244 000	7 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,09 %	10,14 %	43,96 %	−7,13 %
Debt-to-Equity Ratio	0,13	0,12	0,14	0,16
Operating Profit Margin	-	-	94,76 %	11,54 %
Current Ratio	7,12	6,51	5,25	3,04
Quick Ratio	7,12	6,51	5,25	3,04
Equity Ratio	0,76	0,76	0,71	0,83
Gross Profit Margin	-	-	100 %	100 %