H.G. Thuen A/S

5014 BERGEN

Finances

Return on Equity

8,19 %

Current Ratio

5,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 625 000	10 569 000	12 629 000	16 381 000
Net Income	285 000	661 000	−1 308 000	−713 000
Total Assets	4 320 000	4 312 000	4 131 000	5 401 000
Total Equity	3 478 000	3 192 000	2 532 000	3 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 625 000	10 569 000	12 629 000	16 381 000
Expenditure	12 312 000	9 876 000	13 920 000	17 089 000
Operating Profit	313 000	694 000	−1 291 000	−708 000
Financial Income	16 000	5 000	7 000	7 000
Financial Costs	44 000	38 000	23 000	12 000
Financial Balance	−28 000	−33 000	−16 000	−5 000
Earnings Before Tax	285 000	661 000	−1 308 000	−713 000
Tax	0	0	0	0
Net Income	285 000	661 000	−1 308 000	−713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	140 000	279 000
Total Current Assets	4 320 000	4 312 000	3 992 000	5 122 000
Total Assets	4 320 000	4 312 000	4 131 000	5 401 000
Total Retained Equity	3 293 000	3 007 000	2 347 000	3 654 000
Total Equity	3 478 000	3 192 000	2 532 000	3 839 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	842 000	1 119 000	1 599 000	1 562 000
Total Equity and Debt	4 320 000	4 312 000	4 131 000	5 401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 625 000	10 569 000	11 938 000	16 184 000
Other Income	0	0	692 000	197 000
Revenue	12 625 000	10 569 000	12 629 000	16 381 000
Cost of Goods Sold	6 322 000	4 539 000	6 878 000	7 941 000
Salary Costs	3 266 000	2 431 000	3 156 000	4 577 000
Depreciation	0	130 000	134 000	144 000
Impairment	0	0	0	0
Expenditure	12 312 000	9 876 000	13 920 000	17 089 000
Operating Profit	313 000	694 000	−1 291 000	−708 000
Financial Income	16 000	5 000	7 000	7 000
Financial Costs	44 000	38 000	23 000	12 000
Financial Balance	−28 000	−33 000	−16 000	−5 000
Dividends	0	0	0	0
Net Income	285 000	661 000	−1 308 000	−713 000

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	140 000	274 000
Total Tangible Assets	0	0	140 000	274 000
Total Fiancial Fixed Assets	0	0	0	5 000
Total Fixed Assets	0	0	140 000	279 000
Stock	557 000	1 751 000	2 032 000	2 545 000
Total Investments	0	0	0	0
Cash, Bank	3 725 000	2 522 000	1 911 000	2 503 000
Total Current Assets	4 320 000	4 312 000	3 992 000	5 122 000
Total Assets	4 320 000	4 312 000	4 131 000	5 401 000
Total Equity	3 478 000	3 192 000	2 532 000	3 839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	109 000	350 000	742 000	245 000
Unpaid Taxes	404 000	451 000	375 000	832 000
Dividends	0	0	0	0
Other Current Debt	329 000	317 000	483 000	484 000
Total Current Debt	842 000	1 119 000	1 599 000	1 562 000
Total Equity and Debt	4 320 000	4 312 000	4 131 000	5 401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,19 %	20,71 %	−51,66 %	−18,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,48 %	6,57 %	−10,22 %	−4,32 %
Current Ratio	5,13	3,85	2,5	3,28
Quick Ratio	15,16	−6,82	−9,22	−5,21
Equity Ratio	0,81	0,74	0,61	0,71
Gross Profit Margin	49,92 %	57,05 %	45,54 %	51,52 %