TH A ABRAHAMSEN AS

3256 LARVIK

Finances

Return on Equity

25,4 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 780 000	14 271 000	12 449 000	12 637 000
Net Income	926 000	355 000	−23 000	323 000
Total Assets	6 548 000	5 027 000	4 555 000	4 449 000
Total Equity	3 646 000	3 019 000	2 954 000	2 977 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 780 000	14 271 000	12 449 000	12 637 000
Expenditure	15 635 000	13 864 000	12 497 000	12 334 000
Operating Profit	1 145 000	408 000	−47 000	304 000
Financial Income	46 000	49 000	24 000	21 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	45 000	48 000	24 000	20 000
Earnings Before Tax	1 190 000	456 000	−23 000	323 000
Tax	263 000	101 000	0	0
Net Income	926 000	355 000	−23 000	323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	309 000	397 000	458 000	565 000
Total Current Assets	6 239 000	4 630 000	4 097 000	3 885 000
Total Assets	6 548 000	5 027 000	4 555 000	4 449 000
Total Retained Equity	3 546 000	2 919 000	2 854 000	2 877 000
Total Equity	3 646 000	3 019 000	2 954 000	2 977 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 902 000	2 008 000	1 601 000	1 472 000
Total Equity and Debt	6 548 000	5 027 000	4 555 000	4 449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 745 000	14 260 000	12 448 000	12 636 000
Other Income	35 000	10 000	1 000	2 000
Revenue	16 780 000	14 271 000	12 449 000	12 637 000
Cost of Goods Sold	8 457 000	7 386 000	6 633 000	6 149 000
Salary Costs	5 331 000	4 828 000	4 358 000	4 612 000
Depreciation	121 000	137 000	136 000	126 000
Impairment	0	0	0	0
Expenditure	15 635 000	13 864 000	12 497 000	12 334 000
Operating Profit	1 145 000	408 000	−47 000	304 000
Financial Income	46 000	49 000	24 000	21 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	45 000	48 000	24 000	20 000
Dividends	300 000	290 000	0	60 000
Net Income	926 000	355 000	−23 000	323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 000	20 000	25 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	208 000	292 000	348 000	482 000
Total Tangible Assets	222 000	311 000	373 000	482 000
Total Fiancial Fixed Assets	87 000	86 000	85 000	83 000
Total Fixed Assets	309 000	397 000	458 000	565 000
Stock	440 000	380 000	288 000	351 000
Total Investments	0	0	0	0
Cash, Bank	4 386 000	3 402 000	3 134 000	2 331 000
Total Current Assets	6 239 000	4 630 000	4 097 000	3 885 000
Total Assets	6 548 000	5 027 000	4 555 000	4 449 000
Total Equity	3 646 000	3 019 000	2 954 000	2 977 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	504 000	345 000	604 000	331 000
Unpaid Taxes	857 000	609 000	533 000	605 000
Dividends	300 000	290 000	0	60 000
Other Current Debt	978 000	662 000	465 000	475 000
Total Current Debt	2 902 000	2 008 000	1 601 000	1 472 000
Total Equity and Debt	6 548 000	5 027 000	4 555 000	4 449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,4 %	11,76 %	−0,78 %	10,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,82 %	2,86 %	−0,38 %	2,41 %
Current Ratio	2,15	2,31	2,56	2,64
Quick Ratio	2,53	2,84	3,12	3,47
Equity Ratio	0,56	0,6	0,65	0,67
Gross Profit Margin	49,6 %	48,24 %	46,72 %	51,34 %