ØYVIND THORSEN AS

5003 BERGEN

Finances

Return on Equity

77,42 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 851 000	12 370 000	10 090 000	23 422 000
Net Income	799 000	392 000	−1 513 000	280 000
Total Assets	5 642 000	5 052 000	4 597 000	5 731 000
Total Equity	1 032 000	232 000	−160 000	1 353 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 851 000	12 370 000	10 090 000	23 422 000
Expenditure	22 250 000	11 883 000	11 713 000	23 010 000
Operating Profit	1 601 000	487 000	−1 623 000	412 000
Financial Income	0	0	1 000	1 000
Financial Costs	578 000	87 000	73 000	53 000
Financial Balance	−578 000	−87 000	−72 000	−52 000
Earnings Before Tax	1 023 000	400 000	−1 695 000	359 000
Tax	224 000	8 000	−182 000	79 000
Net Income	799 000	392 000	−1 513 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	611 000	755 000	997 000	1 301 000
Total Current Assets	5 031 000	4 297 000	3 600 000	4 430 000
Total Assets	5 642 000	5 052 000	4 597 000	5 731 000
Total Retained Equity	926 000	126 000	−266 000	1 247 000
Total Equity	1 032 000	232 000	−160 000	1 353 000
Total Long-Term Debt	348 000	1 218 000	2 165 000	304 000
Total Current Debt	4 262 000	3 601 000	2 592 000	4 074 000
Total Equity and Debt	5 642 000	5 052 000	4 597 000	5 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 563 000	11 030 000	8 670 000	23 422 000
Other Income	289 000	1 340 000	1 420 000	0
Revenue	23 851 000	12 370 000	10 090 000	23 422 000
Cost of Goods Sold	6 456 000	3 108 000	2 461 000	6 191 000
Salary Costs	9 729 000	4 813 000	5 058 000	11 368 000
Depreciation	123 000	242 000	242 000	260 000
Impairment	0	0	0	0
Expenditure	22 250 000	11 883 000	11 713 000	23 010 000
Operating Profit	1 601 000	487 000	−1 623 000	412 000
Financial Income	0	0	1 000	1 000
Financial Costs	578 000	87 000	73 000	53 000
Financial Balance	−578 000	−87 000	−72 000	−52 000
Dividends	0	0	0	160 000
Net Income	799 000	392 000	−1 513 000	280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	106 000	0	0	61 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	284 000	134 000	376 000	618 000
Total Tangible Assets	284 000	134 000	376 000	618 000
Total Fiancial Fixed Assets	221 000	621 000	621 000	621 000
Total Fixed Assets	611 000	755 000	997 000	1 301 000
Stock	796 000	656 000	466 000	634 000
Total Investments	0	0	0	0
Cash, Bank	4 027 000	3 467 000	2 224 000	3 498 000
Total Current Assets	5 031 000	4 297 000	3 600 000	4 430 000
Total Assets	5 642 000	5 052 000	4 597 000	5 731 000
Total Equity	1 032 000	232 000	−160 000	1 353 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	348 000	1 218 000	2 165 000	304 000
Creditors	984 000	1 777 000	1 434 000	987 000
Unpaid Taxes	1 903 000	1 304 000	639 000	1 801 000
Dividends	0	0	0	160 000
Other Current Debt	1 045 000	513 000	520 000	1 193 000
Total Current Debt	4 262 000	3 601 000	2 592 000	4 074 000
Total Equity and Debt	5 642 000	5 052 000	4 597 000	5 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,42 %	168,97 %	945,63 %	20,69 %
Debt-to-Equity Ratio	0,34	5,25	−13,53	0,22
Operating Profit Margin	6,71 %	3,94 %	−16,09 %	1,76 %
Current Ratio	1,18	1,19	1,39	1,09
Quick Ratio	1,45	1,46	1,69	1,29
Equity Ratio	0,18	0,05	−0,03	0,24
Gross Profit Margin	72,93 %	74,87 %	75,61 %	73,57 %