THERMOCOLD KFD AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

29,71 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 548 000	48 098 000	43 130 000	38 335 000
Net Income	4 428 000	4 324 000	4 724 000	4 099 000
Total Assets	40 897 000	38 524 000	23 024 000	21 439 000
Total Equity	14 906 000	10 478 000	12 154 000	11 630 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 548 000	48 098 000	43 130 000	38 335 000
Expenditure	47 281 000	42 295 000	37 158 000	32 985 000
Operating Profit	6 379 000	5 861 000	6 048 000	5 353 000
Financial Income	17 000	16 000	26 000	46 000
Financial Costs	717 000	327 000	11 000	141 000
Financial Balance	−700 000	−311 000	15 000	−95 000
Earnings Before Tax	5 678 000	5 550 000	6 062 000	5 258 000
Tax	1 250 000	1 226 000	1 338 000	1 159 000
Net Income	4 428 000	4 324 000	4 724 000	4 099 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 479 000	20 037 000	5 153 000	5 352 000
Total Current Assets	21 418 000	18 487 000	17 870 000	16 087 000
Total Assets	40 897 000	38 524 000	23 024 000	21 439 000
Total Retained Equity	14 130 000	9 702 000	11 378 000	10 854 000
Total Equity	14 906 000	10 478 000	12 154 000	11 630 000
Total Long-Term Debt	13 808 000	14 561 000	0	0
Total Current Debt	12 184 000	13 486 000	10 870 000	9 809 000
Total Equity and Debt	40 897 000	38 524 000	23 024 000	21 439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 548 000	48 098 000	43 130 000	38 335 000
Other Income	0	0	0	0
Revenue	48 548 000	48 098 000	43 130 000	38 335 000
Cost of Goods Sold	26 544 000	21 409 000	19 738 000	17 224 000
Salary Costs	13 582 000	13 948 000	11 832 000	11 125 000
Depreciation	521 000	448 000	279 000	254 000
Impairment	0	0	0	0
Expenditure	47 281 000	42 295 000	37 158 000	32 985 000
Operating Profit	6 379 000	5 861 000	6 048 000	5 353 000
Financial Income	17 000	16 000	26 000	46 000
Financial Costs	717 000	327 000	11 000	141 000
Financial Balance	−700 000	−311 000	15 000	−95 000
Dividends	0	6 000 000	4 200 000	3 600 000
Net Income	4 428 000	4 324 000	4 724 000	4 099 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	54 000	130 000	105 000
Real Eastate	19 247 000	19 699 000	4 850 000	4 976 000
Machinery and Plant Facilities	104 000	134 000	0	0
Fixtures	111 000	151 000	173 000	271 000
Total Tangible Assets	19 462 000	19 983 000	5 023 000	5 247 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 479 000	20 037 000	5 153 000	5 352 000
Stock	16 790 000	11 679 000	7 846 000	8 282 000
Total Investments	0	0	0	0
Cash, Bank	440 000	2 384 000	6 064 000	3 762 000
Total Current Assets	21 418 000	18 487 000	17 870 000	16 087 000
Total Assets	40 897 000	38 524 000	23 024 000	21 439 000
Total Equity	14 906 000	10 478 000	12 154 000	11 630 000
Short-Term Group Debt	4 000 000	0	0	0
Total Long-Term Debt	13 808 000	14 561 000	0	0
Creditors	2 167 000	2 004 000	1 480 000	1 810 000
Unpaid Taxes	1 726 000	1 865 000	1 623 000	1 492 000
Dividends	0	6 000 000	4 200 000	3 600 000
Other Current Debt	2 512 000	2 467 000	2 204 000	1 845 000
Total Current Debt	12 184 000	13 486 000	10 870 000	9 809 000
Total Equity and Debt	40 897 000	38 524 000	23 024 000	21 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,71 %	41,27 %	38,87 %	35,25 %
Debt-to-Equity Ratio	0,93	1,39	0	0
Operating Profit Margin	13,14 %	12,19 %	14,02 %	13,96 %
Current Ratio	1,76	1,37	1,64	1,64
Quick Ratio	−4,65	10,23	5,91	10,54
Equity Ratio	0,36	0,27	0,53	0,54
Gross Profit Margin	45,32 %	55,49 %	54,24 %	55,07 %