THORESEN TRANSPORT AS

3263 LARVIK

Finances

Return on Equity

42,9 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	136 701 000	44 747 000	137 441 000	136 840 000
Net Income	3 488 000	1 035 000	3 700 000	7 759 000
Total Assets	24 058 000	21 710 000	19 853 000	30 229 000
Total Equity	8 130 000	6 142 000	5 107 000	15 058 000

Income (NOK)	2023	2022	2021	2020
Revenue	136 701 000	44 747 000	137 441 000	136 840 000
Expenditure	132 006 000	43 363 000	132 516 000	128 838 000
Operating Profit	4 695 000	1 384 000	4 925 000	8 002 000
Financial Income	10 000	2 000	8 000	1 702 000
Financial Costs	172 000	56 000	175 000	189 000
Financial Balance	−162 000	−54 000	−167 000	1 513 000
Earnings Before Tax	4 534 000	1 330 000	4 758 000	9 514 000
Tax	1 046 000	295 000	1 059 000	1 756 000
Net Income	3 488 000	1 035 000	3 700 000	7 759 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	2 692 000	2 249 000	2 202 000	1 612 000
Total Current Assets	21 366 000	19 461 000	17 651 000	28 617 000
Total Assets	24 058 000	21 710 000	19 853 000	30 229 000
Total Retained Equity	6 730 000	4 742 000	3 707 000	13 658 000
Total Equity	8 130 000	6 142 000	5 107 000	15 058 000
Total Long-Term Debt	13 000	12 000	11 000	0
Total Current Debt	15 916 000	15 555 000	14 735 000	15 172 000
Total Equity and Debt	24 058 000	21 710 000	19 853 000	30 229 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	136 550 000	44 747 000	137 333 000	136 840 000
Other Income	152 000	0	109 000	0
Revenue	136 701 000	44 747 000	137 441 000	136 840 000
Cost of Goods Sold	104 391 000	34 496 000	107 508 000	105 010 000
Salary Costs	14 448 000	4 883 000	15 065 000	14 653 000
Depreciation	257 000	38 000	104 000	78 000
Impairment	0	0	0	0
Expenditure	132 006 000	43 363 000	132 516 000	128 838 000
Operating Profit	4 695 000	1 384 000	4 925 000	8 002 000
Financial Income	10 000	2 000	8 000	1 702 000
Financial Costs	172 000	56 000	175 000	189 000
Financial Balance	−162 000	−54 000	−167 000	1 513 000
Dividends	1 500 000	0	13 650 000	7 500 000
Net Income	3 488 000	1 035 000	3 700 000	7 759 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 174 000	431 000	384 000	150 000
Total Tangible Assets	1 174 000	431 000	384 000	150 000
Total Fiancial Fixed Assets	1 518 000	1 818 000	1 818 000	1 436 000
Total Fixed Assets	2 692 000	2 249 000	2 202 000	1 612 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 629 000	4 500 000	7 915 000	19 107 000
Total Current Assets	21 366 000	19 461 000	17 651 000	28 617 000
Total Assets	24 058 000	21 710 000	19 853 000	30 229 000
Total Equity	8 130 000	6 142 000	5 107 000	15 058 000
Short-Term Group Debt	0	0	29 000	1 500 000
Total Long-Term Debt	13 000	12 000	11 000	0
Creditors	10 041 000	10 685 000	8 399 000	7 671 000
Unpaid Taxes	791 000	987 000	1 661 000	1 741 000
Dividends	1 500 000	0	13 650 000	7 500 000
Other Current Debt	3 262 000	3 884 000	3 630 000	2 469 000
Total Current Debt	15 916 000	15 555 000	14 735 000	15 172 000
Total Equity and Debt	24 058 000	21 710 000	19 853 000	30 229 000

Financial indicators	2023	2022	2021	2020
Return on Equity	42,9 %	16,85 %	72,45 %	51,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,43 %	3,09 %	3,58 %	5,85 %
Current Ratio	1,34	1,25	1,2	1,89
Quick Ratio	1,34	1,25	1,2	1,89
Equity Ratio	0,34	0,28	0,26	0,5
Gross Profit Margin	23,64 %	22,91 %	21,78 %	23,26 %