AS THOR MIDDELTHON

4042 HAFRSFJORD

Finances

Return on Equity

22,31 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 036 000	1 100 000	959 000	936 000
Net Income	214 000	316 000	146 000	150 000
Total Assets	1 515 000	1 291 000	1 007 000	848 000
Total Equity	959 000	845 000	629 000	484 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 036 000	1 100 000	959 000	936 000
Expenditure	761 000	794 000	719 000	678 000
Operating Profit	276 000	306 000	240 000	259 000
Financial Income	121 000	366 000	4 000	10 000
Financial Costs	128 000	309 000	45 000	61 000
Financial Balance	−7 000	57 000	−41 000	−51 000
Earnings Before Tax	269 000	363 000	199 000	208 000
Tax	55 000	47 000	53 000	58 000
Net Income	214 000	316 000	146 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 515 000	1 291 000	1 007 000	848 000
Total Assets	1 515 000	1 291 000	1 007 000	848 000
Total Retained Equity	859 000	745 000	529 000	384 000
Total Equity	959 000	845 000	629 000	484 000
Total Long-Term Debt	0	0	3 000	2 000
Total Current Debt	556 000	446 000	376 000	363 000
Total Equity and Debt	1 515 000	1 291 000	1 007 000	848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 036 000	1 100 000	959 000	936 000
Other Income	0	0	0	0
Revenue	1 036 000	1 100 000	959 000	936 000
Cost of Goods Sold	44 000	45 000	50 000	52 000
Salary Costs	453 000	482 000	442 000	354 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	761 000	794 000	719 000	678 000
Operating Profit	276 000	306 000	240 000	259 000
Financial Income	121 000	366 000	4 000	10 000
Financial Costs	128 000	309 000	45 000	61 000
Financial Balance	−7 000	57 000	−41 000	−51 000
Dividends	0	0	0	0
Net Income	214 000	316 000	146 000	150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	549 000	0	412 000	157 000
Cash, Bank	456 000	859 000	222 000	304 000
Total Current Assets	1 515 000	1 291 000	1 007 000	848 000
Total Assets	1 515 000	1 291 000	1 007 000	848 000
Total Equity	959 000	845 000	629 000	484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	2 000
Creditors	51 000	52 000	40 000	67 000
Unpaid Taxes	77 000	78 000	66 000	62 000
Dividends	0	0	0	0
Other Current Debt	372 000	266 000	217 000	176 000
Total Current Debt	556 000	446 000	376 000	363 000
Total Equity and Debt	1 515 000	1 291 000	1 007 000	848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,31 %	37,4 %	23,21 %	30,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,64 %	27,82 %	25,03 %	27,67 %
Current Ratio	2,72	2,89	2,68	2,34
Quick Ratio	2,72	2,89	2,68	2,34
Equity Ratio	0,63	0,65	0,62	0,57
Gross Profit Margin	95,75 %	95,91 %	94,79 %	94,44 %