THORHG INVEST AS

0194 OSLO

Finances

Return on Equity

−10,76 %

Current Ratio

12,5

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	660 000	762 000	660 000	670 000
Net Income	−963 000	5 455 000	2 313 000	577 000
Total Assets	9 926 000	11 297 000	5 763 000	6 436 000
Total Equity	8 947 000	10 410 000	5 454 000	4 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	660 000	762 000	660 000	670 000
Expenditure	366 000	164 000	242 000	115 000
Operating Profit	294 000	598 000	418 000	555 000
Financial Income	301 000	5 107 000	1 991 000	184 000
Financial Costs	1 480 000	139 000	0	0
Financial Balance	−1 179 000	4 968 000	1 991 000	184 000
Earnings Before Tax	−884 000	5 565 000	2 409 000	739 000
Tax	78 000	110 000	96 000	162 000
Net Income	−963 000	5 455 000	2 313 000	577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 114 000	2 432 000	3 692 000	3 762 000
Total Current Assets	7 812 000	8 866 000	2 071 000	2 675 000
Total Assets	9 926 000	11 297 000	5 763 000	6 436 000
Total Retained Equity	7 246 000	8 709 000	3 753 000	2 440 000
Total Equity	8 947 000	10 410 000	5 454 000	4 141 000
Total Long-Term Debt	355 000	137 000	136 000	157 000
Total Current Debt	625 000	751 000	173 000	2 138 000
Total Equity and Debt	9 926 000	11 297 000	5 763 000	6 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	102 000	0	10 000
Other Income	660 000	660 000	660 000	660 000
Revenue	660 000	762 000	660 000	670 000
Cost of Goods Sold	0	6 000	0	0
Salary Costs	26 000	29 000	0	0
Depreciation	54 000	54 000	54 000	54 000
Impairment	0	0	105 000	0
Expenditure	366 000	164 000	242 000	115 000
Operating Profit	294 000	598 000	418 000	555 000
Financial Income	301 000	5 107 000	1 991 000	184 000
Financial Costs	1 480 000	139 000	0	0
Financial Balance	−1 179 000	4 968 000	1 991 000	184 000
Dividends	500 000	500 000	1 000 000	0
Net Income	−963 000	5 455 000	2 313 000	577 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 721 000	1 775 000	1 829 000	1 884 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	100 000	100 000	100 000	205 000
Total Tangible Assets	1 821 000	1 875 000	1 929 000	2 089 000
Total Fiancial Fixed Assets	294 000	557 000	1 762 000	1 673 000
Total Fixed Assets	2 114 000	2 432 000	3 692 000	3 762 000
Stock	0	0	0	0
Total Investments	5 984 000	5 839 000	0	0
Cash, Bank	1 534 000	1 777 000	97 000	2 675 000
Total Current Assets	7 812 000	8 866 000	2 071 000	2 675 000
Total Assets	9 926 000	11 297 000	5 763 000	6 436 000
Total Equity	8 947 000	10 410 000	5 454 000	4 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	355 000	137 000	136 000	157 000
Creditors	3 000	0	0	0
Unpaid Taxes	27 000	21 000	27 000	27 000
Dividends	500 000	500 000	1 000 000	0
Other Current Debt	516 000	621 000	29 000	1 951 000
Total Current Debt	625 000	751 000	173 000	2 138 000
Total Equity and Debt	9 926 000	11 297 000	5 763 000	6 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,76 %	52,4 %	42,41 %	13,93 %
Debt-to-Equity Ratio	0,04	0,01	0,02	0,04
Operating Profit Margin	44,55 %	78,48 %	63,33 %	82,84 %
Current Ratio	12,5	11,81	11,97	1,25
Quick Ratio	12,5	11,81	11,97	1,25
Equity Ratio	0,9	0,92	0,95	0,64
Gross Profit Margin	100 %	99,21 %	100 %	100 %