INSTALLATØR OVE E THORESEN AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

127,02 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 859 000	5 292 000	5 547 000	5 242 000
Net Income	550 000	296 000	536 000	516 000
Total Assets	2 144 000	1 654 000	2 060 000	2 020 000
Total Equity	433 000	433 000	406 000	401 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 859 000	5 292 000	5 547 000	5 242 000
Expenditure	5 144 000	4 897 000	4 854 000	4 582 000
Operating Profit	714 000	395 000	693 000	661 000
Financial Income	5 000	1 000	8 000	8 000
Financial Costs	10 000	14 000	12 000	12 000
Financial Balance	−5 000	−13 000	−4 000	−4 000
Earnings Before Tax	709 000	382 000	689 000	657 000
Tax	159 000	86 000	154 000	140 000
Net Income	550 000	296 000	536 000	516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	201 000	228 000	25 000	28 000
Total Current Assets	1 942 000	1 426 000	2 036 000	1 992 000
Total Assets	2 144 000	1 654 000	2 060 000	2 020 000
Total Retained Equity	197 000	197 000	170 000	165 000
Total Equity	433 000	433 000	406 000	401 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 710 000	1 221 000	1 655 000	1 619 000
Total Equity and Debt	2 144 000	1 654 000	2 060 000	2 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 859 000	5 242 000	5 547 000	5 242 000
Other Income	0	50 000	0	0
Revenue	5 859 000	5 292 000	5 547 000	5 242 000
Cost of Goods Sold	1 621 000	1 516 000	1 645 000	1 381 000
Salary Costs	2 575 000	2 671 000	2 727 000	2 684 000
Depreciation	23 000	15 000	0	0
Impairment	0	0	0	0
Expenditure	5 144 000	4 897 000	4 854 000	4 582 000
Operating Profit	714 000	395 000	693 000	661 000
Financial Income	5 000	1 000	8 000	8 000
Financial Costs	10 000	14 000	12 000	12 000
Financial Balance	−5 000	−13 000	−4 000	−4 000
Dividends	0	0	0	0
Net Income	550 000	296 000	536 000	516 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	16 000	25 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	76 000	0	0
Total Tangible Assets	53 000	76 000	0	0
Total Fiancial Fixed Assets	84 000	136 000	0	0
Total Fixed Assets	201 000	228 000	25 000	28 000
Stock	243 000	94 000	51 000	61 000
Total Investments	0	0	0	0
Cash, Bank	1 089 000	795 000	1 117 000	1 284 000
Total Current Assets	1 942 000	1 426 000	2 036 000	1 992 000
Total Assets	2 144 000	1 654 000	2 060 000	2 020 000
Total Equity	433 000	433 000	406 000	401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	209 000	220 000	213 000	141 000
Unpaid Taxes	481 000	424 000	520 000	436 000
Dividends	0	0	0	0
Other Current Debt	818 000	576 000	920 000	1 041 000
Total Current Debt	1 710 000	1 221 000	1 655 000	1 619 000
Total Equity and Debt	2 144 000	1 654 000	2 060 000	2 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,02 %	68,36 %	132,02 %	128,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,19 %	7,46 %	12,49 %	12,61 %
Current Ratio	1,14	1,17	1,23	1,23
Quick Ratio	1,32	1,27	1,27	1,28
Equity Ratio	0,2	0,26	0,2	0,2
Gross Profit Margin	72,33 %	71,35 %	70,34 %	73,66 %