THERMOTANK AS

6220 STRAUMGJERDE

Finances

Share Ownership

Return on Equity

8,56 %

Current Ratio

4,97

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 221 000	12 011 000	11 859 000	10 447 000
Net Income	615 000	1 319 000	420 000	102 000
Total Assets	8 660 000	8 531 000	7 070 000	6 951 000
Total Equity	7 188 000	6 573 000	5 254 000	4 834 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 221 000	12 011 000	11 859 000	10 447 000
Expenditure	10 515 000	10 284 000	11 481 000	10 354 000
Operating Profit	704 000	1 727 000	378 000	93 000
Financial Income	88 000	49 000	61 000	81 000
Financial Costs	1 000	3 000	18 000	71 000
Financial Balance	87 000	46 000	43 000	10 000
Earnings Before Tax	791 000	1 773 000	420 000	102 000
Tax	176 000	454 000	0	0
Net Income	615 000	1 319 000	420 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 725 000	3 098 000	3 037 000	4 292 000
Total Current Assets	6 936 000	5 433 000	4 032 000	2 659 000
Total Assets	8 660 000	8 531 000	7 070 000	6 951 000
Total Retained Equity	2 188 000	1 573 000	254 000	−166 000
Total Equity	7 188 000	6 573 000	5 254 000	4 834 000
Total Long-Term Debt	76 000	284 000	736 000	1 118 000
Total Current Debt	1 396 000	1 674 000	1 080 000	999 000
Total Equity and Debt	8 660 000	8 531 000	7 070 000	6 951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 847 000	12 011 000	11 859 000	10 447 000
Other Income	373 000	0	0	0
Revenue	11 221 000	12 011 000	11 859 000	10 447 000
Cost of Goods Sold	8 000	0	581 000	358 000
Salary Costs	4 210 000	4 368 000	4 122 000	3 918 000
Depreciation	1 131 000	1 279 000	1 255 000	1 274 000
Impairment	0	0	0	0
Expenditure	10 515 000	10 284 000	11 481 000	10 354 000
Operating Profit	704 000	1 727 000	378 000	93 000
Financial Income	88 000	49 000	61 000	81 000
Financial Costs	1 000	3 000	18 000	71 000
Financial Balance	87 000	46 000	43 000	10 000
Dividends	0	0	0	0
Net Income	615 000	1 319 000	420 000	102 000

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	1 725 000	3 098 000	3 032 000	4 280 000
Total Tangible Assets	1 725 000	3 098 000	3 037 000	4 292 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 725 000	3 098 000	3 037 000	4 292 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 788 000	3 737 000	2 104 000	1 386 000
Total Current Assets	6 936 000	5 433 000	4 032 000	2 659 000
Total Assets	8 660 000	8 531 000	7 070 000	6 951 000
Total Equity	7 188 000	6 573 000	5 254 000	4 834 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 000	284 000	736 000	1 118 000
Creditors	309 000	306 000	175 000	200 000
Unpaid Taxes	408 000	698 000	522 000	459 000
Dividends	0	0	0	0
Other Current Debt	433 000	362 000	383 000	339 000
Total Current Debt	1 396 000	1 674 000	1 080 000	999 000
Total Equity and Debt	8 660 000	8 531 000	7 070 000	6 951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,56 %	20,07 %	7,99 %	2,11 %
Debt-to-Equity Ratio	0,01	0,04	0,14	0,23
Operating Profit Margin	6,27 %	14,38 %	3,19 %	0,89 %
Current Ratio	4,97	3,25	3,73	2,66
Quick Ratio	4,97	3,25	3,73	2,66
Equity Ratio	0,83	0,77	0,74	0,7
Gross Profit Margin	99,93 %	100 %	95,1 %	96,57 %