THERMO AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

6,56 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 785 000	16 207 000	13 083 000	16 351 000
Net Income	349 000	1 275 000	−393 000	698 000
Total Assets	10 419 000	8 662 000	7 470 000	8 499 000
Total Equity	5 321 000	4 972 000	4 497 000	4 890 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 785 000	16 207 000	13 083 000	16 351 000
Expenditure	16 228 000	14 534 000	13 376 000	15 348 000
Operating Profit	558 000	1 673 000	−292 000	1 003 000
Financial Income	121 000	97 000	114 000	40 000
Financial Costs	230 000	135 000	326 000	147 000
Financial Balance	−109 000	−38 000	−212 000	−107 000
Earnings Before Tax	448 000	1 634 000	−503 000	896 000
Tax	99 000	360 000	−111 000	198 000
Net Income	349 000	1 275 000	−393 000	698 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	95 000	106 000	111 000
Total Current Assets	10 193 000	8 566 000	7 364 000	8 388 000
Total Assets	10 419 000	8 662 000	7 470 000	8 499 000
Total Retained Equity	4 819 000	4 470 000	3 995 000	4 388 000
Total Equity	5 321 000	4 972 000	4 497 000	4 890 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 098 000	3 690 000	2 973 000	3 609 000
Total Equity and Debt	10 419 000	8 662 000	7 470 000	8 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 785 000	16 207 000	12 974 000	16 350 000
Other Income	0	0	110 000	1 000
Revenue	16 785 000	16 207 000	13 083 000	16 351 000
Cost of Goods Sold	11 105 000	9 801 000	8 339 000	10 507 000
Salary Costs	3 256 000	3 109 000	3 325 000	3 198 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 228 000	14 534 000	13 376 000	15 348 000
Operating Profit	558 000	1 673 000	−292 000	1 003 000
Financial Income	121 000	97 000	114 000	40 000
Financial Costs	230 000	135 000	326 000	147 000
Financial Balance	−109 000	−38 000	−212 000	−107 000
Dividends	0	800 000	0	0
Net Income	349 000	1 275 000	−393 000	698 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	226 000	95 000	106 000	111 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	226 000	95 000	106 000	111 000
Stock	6 652 000	4 635 000	5 338 000	5 465 000
Total Investments	0	0	0	0
Cash, Bank	110 000	272 000	113 000	513 000
Total Current Assets	10 193 000	8 566 000	7 364 000	8 388 000
Total Assets	10 419 000	8 662 000	7 470 000	8 499 000
Total Equity	5 321 000	4 972 000	4 497 000	4 890 000
Short-Term Group Debt	955 000	985 000	210 000	240 000
Total Long-Term Debt	0	0	0	0
Creditors	962 000	766 000	994 000	1 686 000
Unpaid Taxes	1 052 000	1 082 000	752 000	824 000
Dividends	0	800 000	0	0
Other Current Debt	820 000	508 000	717 000	703 000
Total Current Debt	5 098 000	3 690 000	2 973 000	3 609 000
Total Equity and Debt	10 419 000	8 662 000	7 470 000	8 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,56 %	25,64 %	−8,74 %	14,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,32 %	10,32 %	−2,23 %	6,13 %
Current Ratio	2	2,32	2,48	2,32
Quick Ratio	−6,56	−9,06	−3,11	−4,52
Equity Ratio	0,51	0,57	0,6	0,58
Gross Profit Margin	33,84 %	39,53 %	36,26 %	35,74 %