Thorvald Håverstad A/S

4724 IVELAND

Finances

Return on Equity

481,82 %

Current Ratio

3,22

Debt-to-Equity Ratio

45,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 718 000	5 984 000	5 474 000	5 071 000
Net Income	318 000	87 000	68 000	75 000
Total Assets	4 328 000	4 427 000	4 407 000	3 569 000
Total Equity	66 000	−252 000	−339 000	−1 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 718 000	5 984 000	5 474 000	5 071 000
Expenditure	6 344 000	5 769 000	5 282 000	4 884 000
Operating Profit	375 000	215 000	192 000	187 000
Financial Income	39 000	25 000	25 000	27 000
Financial Costs	95 000	154 000	149 000	139 000
Financial Balance	−56 000	−129 000	−124 000	−112 000
Earnings Before Tax	318 000	87 000	68 000	75 000
Tax	0	0	0	0
Net Income	318 000	87 000	68 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	285 000	296 000	314 000	332 000
Total Current Assets	4 043 000	4 130 000	4 094 000	3 237 000
Total Assets	4 328 000	4 427 000	4 407 000	3 569 000
Total Retained Equity	−1 500 000	−1 818 000	−1 905 000	−1 973 000
Total Equity	66 000	−252 000	−339 000	−1 493 000
Total Long-Term Debt	3 008 000	2 925 000	2 789 000	3 291 000
Total Current Debt	1 254 000	1 753 000	1 957 000	1 771 000
Total Equity and Debt	4 328 000	4 427 000	4 407 000	3 569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 718 000	5 984 000	5 474 000	5 071 000
Other Income	0	0	0	0
Revenue	6 718 000	5 984 000	5 474 000	5 071 000
Cost of Goods Sold	3 358 000	2 725 000	2 594 000	2 426 000
Salary Costs	2 306 000	2 281 000	2 007 000	1 767 000
Depreciation	11 000	18 000	18 000	28 000
Impairment	0	0	0	0
Expenditure	6 344 000	5 769 000	5 282 000	4 884 000
Operating Profit	375 000	215 000	192 000	187 000
Financial Income	39 000	25 000	25 000	27 000
Financial Costs	95 000	154 000	149 000	139 000
Financial Balance	−56 000	−129 000	−124 000	−112 000
Dividends	0	0	0	0
Net Income	318 000	87 000	68 000	75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	65 000	76 000	89 000	102 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	4 000	10 000
Total Tangible Assets	65 000	76 000	94 000	112 000
Total Fiancial Fixed Assets	220 000	220 000	220 000	220 000
Total Fixed Assets	285 000	296 000	314 000	332 000
Stock	2 284 000	2 389 000	2 107 000	1 825 000
Total Investments	0	0	0	0
Cash, Bank	38 000	46 000	48 000	14 000
Total Current Assets	4 043 000	4 130 000	4 094 000	3 237 000
Total Assets	4 328 000	4 427 000	4 407 000	3 569 000
Total Equity	66 000	−252 000	−339 000	−1 493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 008 000	2 925 000	2 789 000	3 291 000
Creditors	438 000	905 000	962 000	899 000
Unpaid Taxes	268 000	268 000	323 000	253 000
Dividends	0	0	0	0
Other Current Debt	270 000	293 000	408 000	317 000
Total Current Debt	1 254 000	1 753 000	1 957 000	1 771 000
Total Equity and Debt	4 328 000	4 427 000	4 407 000	3 569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	481,82 %	−34,52 %	−20,06 %	−5,02 %
Debt-to-Equity Ratio	45,58	−11,61	−8,23	−2,2
Operating Profit Margin	5,58 %	3,59 %	3,51 %	3,69 %
Current Ratio	3,22	2,36	2,09	1,83
Quick Ratio	−3,93	−6,49	−27,29	−59,94
Equity Ratio	0,02	−0,06	−0,08	−0,42
Gross Profit Margin	50,01 %	54,46 %	52,61 %	52,16 %