PH THORSTENSEN AS

0150 OSLO

Finances

Share Ownership

Return on Equity

31,9 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 178 000	99 523 000	89 913 000	89 937 000
Net Income	1 562 000	−175 000	1 521 000	−2 268 000
Total Assets	26 328 000	25 492 000	23 757 000	29 378 000
Total Equity	4 897 000	3 336 000	3 510 000	1 989 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 178 000	99 523 000	89 913 000	89 937 000
Expenditure	98 940 000	99 192 000	88 344 000	92 436 000
Operating Profit	3 238 000	331 000	1 568 000	−2 500 000
Financial Income	616 000	679 000	2 221 000	1 305 000
Financial Costs	1 810 000	1 228 000	1 839 000	1 710 000
Financial Balance	−1 194 000	−549 000	382 000	−405 000
Earnings Before Tax	2 043 000	−217 000	1 950 000	−2 905 000
Tax	482 000	−43 000	430 000	−637 000
Net Income	1 562 000	−175 000	1 521 000	−2 268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 870 000	7 943 000	9 671 000	11 267 000
Total Current Assets	19 458 000	17 549 000	14 086 000	18 111 000
Total Assets	26 328 000	25 492 000	23 757 000	29 378 000
Total Retained Equity	4 336 000	2 775 000	2 950 000	1 429 000
Total Equity	4 897 000	3 336 000	3 510 000	1 989 000
Total Long-Term Debt	1 345 000	2 658 000	4 616 000	6 351 000
Total Current Debt	20 086 000	19 498 000	15 631 000	21 037 000
Total Equity and Debt	26 328 000	25 492 000	23 757 000	29 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 178 000	99 523 000	89 729 000	89 932 000
Other Income	0	0	184 000	4 000
Revenue	102 178 000	99 523 000	89 913 000	89 937 000
Cost of Goods Sold	82 539 000	80 117 000	73 199 000	76 876 000
Salary Costs	7 188 000	9 164 000	7 292 000	6 842 000
Depreciation	1 779 000	1 892 000	1 786 000	1 790 000
Impairment	0	0	0	0
Expenditure	98 940 000	99 192 000	88 344 000	92 436 000
Operating Profit	3 238 000	331 000	1 568 000	−2 500 000
Financial Income	616 000	679 000	2 221 000	1 305 000
Financial Costs	1 810 000	1 228 000	1 839 000	1 710 000
Financial Balance	−1 194 000	−549 000	382 000	−405 000
Dividends	0	0	0	0
Net Income	1 562 000	−175 000	1 521 000	−2 268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	116 000	312 000	370 000	903 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 414 000	2 822 000	3 230 000	3 633 000
Fixtures	4 338 000	4 809 000	5 983 000	6 652 000
Total Tangible Assets	6 752 000	7 631 000	9 213 000	10 286 000
Total Fiancial Fixed Assets	1 000	1 000	89 000	79 000
Total Fixed Assets	6 870 000	7 943 000	9 671 000	11 267 000
Stock	7 846 000	7 204 000	4 514 000	8 006 000
Total Investments	0	0	0	0
Cash, Bank	1 032 000	705 000	835 000	296 000
Total Current Assets	19 458 000	17 549 000	14 086 000	18 111 000
Total Assets	26 328 000	25 492 000	23 757 000	29 378 000
Total Equity	4 897 000	3 336 000	3 510 000	1 989 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 345 000	2 658 000	4 616 000	6 351 000
Creditors	9 150 000	8 377 000	5 049 000	7 902 000
Unpaid Taxes	2 322 000	2 420 000	3 407 000	2 238 000
Dividends	0	0	0	0
Other Current Debt	984 000	1 253 000	761 000	629 000
Total Current Debt	20 086 000	19 498 000	15 631 000	21 037 000
Total Equity and Debt	26 328 000	25 492 000	23 757 000	29 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,9 %	−5,25 %	43,33 %	−114,03 %
Debt-to-Equity Ratio	0,27	0,8	1,32	3,19
Operating Profit Margin	3,17 %	0,33 %	1,74 %	−2,78 %
Current Ratio	0,97	0,9	0,9	0,86
Quick Ratio	1,59	1,43	1,27	1,39
Equity Ratio	0,19	0,13	0,15	0,07
Gross Profit Margin	19,22 %	19,5 %	18,59 %	14,52 %