THORSTAD TRANSPORT AS

2160 VORMSUND

Finances

Return on Equity

8,09 %

Current Ratio

31,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	343 000	515 000	1 120 000	1 245 000
Net Income	738 000	170 000	806 000	396 000
Total Assets	9 241 000	8 505 000	8 666 000	8 071 000
Total Equity	9 118 000	8 380 000	8 210 000	7 704 000

Income (NOK)	2022	2021	2020	2019
Revenue	343 000	515 000	1 120 000	1 245 000
Expenditure	511 000	718 000	1 244 000	1 325 000
Operating Profit	−169 000	−203 000	−125 000	−79 000
Financial Income	908 000	375 000	931 000	478 000
Financial Costs	1 000	1 000	0	3 000
Financial Balance	907 000	374 000	931 000	475 000
Earnings Before Tax	738 000	170 000	806 000	396 000
Tax	0	0	0	0
Net Income	738 000	170 000	806 000	396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 346 000	5 165 000	5 290 000	5 415 000
Total Current Assets	3 895 000	3 340 000	3 376 000	2 656 000
Total Assets	9 241 000	8 505 000	8 666 000	8 071 000
Total Retained Equity	9 018 000	8 280 000	8 110 000	7 604 000
Total Equity	9 118 000	8 380 000	8 210 000	7 704 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	123 000	125 000	456 000	367 000
Total Equity and Debt	9 241 000	8 505 000	8 666 000	8 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	228 000	835 000	996 000
Other Income	303 000	287 000	284 000	249 000
Revenue	343 000	515 000	1 120 000	1 245 000
Cost of Goods Sold	0	71 000	515 000	658 000
Salary Costs	0	140 000	172 000	165 000
Depreciation	125 000	125 000	125 000	97 000
Impairment	0	0	0	0
Expenditure	511 000	718 000	1 244 000	1 325 000
Operating Profit	−169 000	−203 000	−125 000	−79 000
Financial Income	908 000	375 000	931 000	478 000
Financial Costs	1 000	1 000	0	3 000
Financial Balance	907 000	374 000	931 000	475 000
Dividends	0	0	300 000	100 000
Net Income	738 000	170 000	806 000	396 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 844 000	3 537 000	3 537 000	3 491 000
Machinery and Plant Facilities	73 000	107 000	0	0
Fixtures	520 000	610 000	843 000	1 014 000
Total Tangible Assets	4 437 000	4 255 000	4 380 000	4 506 000
Total Fiancial Fixed Assets	910 000	910 000	910 000	910 000
Total Fixed Assets	5 346 000	5 165 000	5 290 000	5 415 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 724 000	2 219 000	1 480 000	632 000
Total Current Assets	3 895 000	3 340 000	3 376 000	2 656 000
Total Assets	9 241 000	8 505 000	8 666 000	8 071 000
Total Equity	9 118 000	8 380 000	8 210 000	7 704 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	4 000	4 000	0
Unpaid Taxes	17 000	4 000	32 000	2 000
Dividends	0	0	300 000	100 000
Other Current Debt	101 000	116 000	120 000	365 000
Total Current Debt	123 000	125 000	456 000	367 000
Total Equity and Debt	9 241 000	8 505 000	8 666 000	8 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,09 %	2,03 %	9,82 %	5,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−49,27 %	−39,42 %	−11,16 %	−6,35 %
Current Ratio	31,67	26,72	7,4	7,24
Quick Ratio	31,67	26,72	7,4	7,24
Equity Ratio	0,99	0,99	0,95	0,95
Gross Profit Margin	100 %	86,21 %	54,02 %	47,15 %