THORSEN & MARCUSSEN AS

3135 TORØD

Finances

Return on Equity

21,28 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 528 000	11 632 000	10 618 000	10 801 000
Net Income	484 000	378 000	329 000	547 000
Total Assets	6 765 000	5 363 000	5 092 000	4 920 000
Total Equity	2 274 000	2 790 000	2 412 000	2 083 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 528 000	11 632 000	10 618 000	10 801 000
Expenditure	12 889 000	11 195 000	10 210 000	10 080 000
Operating Profit	640 000	437 000	407 000	721 000
Financial Income	14 000	58 000	31 000	12 000
Financial Costs	33 000	20 000	19 000	33 000
Financial Balance	−19 000	38 000	12 000	−21 000
Earnings Before Tax	620 000	475 000	420 000	701 000
Tax	137 000	97 000	91 000	154 000
Net Income	484 000	378 000	329 000	547 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	325 000	682 000	649 000	738 000
Total Current Assets	6 440 000	4 681 000	4 444 000	4 183 000
Total Assets	6 765 000	5 363 000	5 092 000	4 920 000
Total Retained Equity	2 215 000	2 731 000	2 353 000	2 024 000
Total Equity	2 274 000	2 790 000	2 412 000	2 083 000
Total Long-Term Debt	110 000	155 000	126 000	184 000
Total Current Debt	4 382 000	2 417 000	2 554 000	2 653 000
Total Equity and Debt	6 765 000	5 363 000	5 092 000	4 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 136 000	11 339 000	10 392 000	10 051 000
Other Income	393 000	294 000	227 000	751 000
Revenue	13 528 000	11 632 000	10 618 000	10 801 000
Cost of Goods Sold	5 118 000	4 649 000	3 513 000	3 854 000
Salary Costs	5 518 000	4 719 000	4 969 000	4 685 000
Depreciation	114 000	106 000	81 000	135 000
Impairment	0	0	0	0
Expenditure	12 889 000	11 195 000	10 210 000	10 080 000
Operating Profit	640 000	437 000	407 000	721 000
Financial Income	14 000	58 000	31 000	12 000
Financial Costs	33 000	20 000	19 000	33 000
Financial Balance	−19 000	38 000	12 000	−21 000
Dividends	1 000 000	0	0	0
Net Income	484 000	378 000	329 000	547 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	7 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	276 000	279 000	142 000	203 000
Total Tangible Assets	276 000	279 000	142 000	203 000
Total Fiancial Fixed Assets	20 000	396 000	506 000	535 000
Total Fixed Assets	325 000	682 000	649 000	738 000
Stock	1 735 000	1 605 000	1 646 000	1 404 000
Total Investments	0	0	0	0
Cash, Bank	1 011 000	222 000	172 000	161 000
Total Current Assets	6 440 000	4 681 000	4 444 000	4 183 000
Total Assets	6 765 000	5 363 000	5 092 000	4 920 000
Total Equity	2 274 000	2 790 000	2 412 000	2 083 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	110 000	155 000	126 000	184 000
Creditors	1 371 000	724 000	471 000	1 090 000
Unpaid Taxes	961 000	823 000	836 000	686 000
Dividends	1 000 000	0	0	0
Other Current Debt	890 000	757 000	841 000	736 000
Total Current Debt	4 382 000	2 417 000	2 554 000	2 653 000
Total Equity and Debt	6 765 000	5 363 000	5 092 000	4 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,28 %	13,55 %	13,64 %	26,26 %
Debt-to-Equity Ratio	0,05	0,06	0,05	0,09
Operating Profit Margin	4,73 %	3,76 %	3,83 %	6,68 %
Current Ratio	1,47	1,94	1,74	1,58
Quick Ratio	2,43	5,76	4,89	3,35
Equity Ratio	0,34	0,52	0,47	0,42
Gross Profit Margin	62,17 %	60,03 %	66,91 %	64,32 %