THORVALDSSON AS

6783 STRYN

Finances

Return on Equity

46,28 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 539 000	279 000	384 000	2 039 000
Net Income	603 000	−102 000	−320 000	489 000
Total Assets	2 025 000	1 046 000	1 186 000	1 749 000
Total Equity	1 303 000	1 000 000	1 102 000	1 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 539 000	279 000	384 000	2 039 000
Expenditure	1 759 000	355 000	785 000	1 423 000
Operating Profit	779 000	−76 000	−401 000	617 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	3 000	11 000	0	0
Financial Balance	−2 000	−11 000	1 000	2 000
Earnings Before Tax	777 000	−86 000	−400 000	620 000
Tax	175 000	16 000	−80 000	131 000
Net Income	603 000	−102 000	−320 000	489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	710 000	692 000	729 000	766 000
Total Current Assets	1 315 000	354 000	457 000	982 000
Total Assets	2 025 000	1 046 000	1 186 000	1 749 000
Total Retained Equity	1 103 000	800 000	902 000	1 222 000
Total Equity	1 303 000	1 000 000	1 102 000	1 422 000
Total Long-Term Debt	114 000	0	10 000	16 000
Total Current Debt	609 000	46 000	74 000	310 000
Total Equity and Debt	2 025 000	1 046 000	1 186 000	1 749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 000	−8 000	32 000	12 000
Other Income	2 500 000	286 000	352 000	2 027 000
Revenue	2 539 000	279 000	384 000	2 039 000
Cost of Goods Sold	5 000	4 000	37 000	7 000
Salary Costs	1 109 000	107 000	480 000	921 000
Depreciation	33 000	37 000	37 000	42 000
Impairment	0	0	0	0
Expenditure	1 759 000	355 000	785 000	1 423 000
Operating Profit	779 000	−76 000	−401 000	617 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	3 000	11 000	0	0
Financial Balance	−2 000	−11 000	1 000	2 000
Dividends	300 000	0	0	0
Net Income	603 000	−102 000	−320 000	489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 000	214 000	251 000	288 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 000	214 000	251 000	288 000
Total Fiancial Fixed Assets	693 000	478 000	478 000	478 000
Total Fixed Assets	710 000	692 000	729 000	766 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 130 000	238 000	174 000	785 000
Total Current Assets	1 315 000	354 000	457 000	982 000
Total Assets	2 025 000	1 046 000	1 186 000	1 749 000
Total Equity	1 303 000	1 000 000	1 102 000	1 422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	0	10 000	16 000
Creditors	−19 000	−12 000	−10 000	−14 000
Unpaid Taxes	95 000	25 000	21 000	64 000
Dividends	300 000	0	0	0
Other Current Debt	163 000	42 000	72 000	127 000
Total Current Debt	609 000	46 000	74 000	310 000
Total Equity and Debt	2 025 000	1 046 000	1 186 000	1 749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,28 %	−10,2 %	−29,04 %	34,39 %
Debt-to-Equity Ratio	0,09	0	0,01	0,01
Operating Profit Margin	30,68 %	−27,24 %	−104,43 %	30,26 %
Current Ratio	2,16	7,7	6,18	3,17
Quick Ratio	2,16	7,7	6,18	3,17
Equity Ratio	0,64	0,96	0,93	0,81
Gross Profit Margin	99,8 %	98,57 %	90,36 %	99,66 %