BRØDRENE THORSVIK AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−23,29 %

Current Ratio

0,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 340 000	2 671 000	2 206 000	1 532 000
Net Income	−85 000	70 000	112 000	55 000
Total Assets	2 953 000	3 010 000	2 263 000	2 139 000
Total Equity	365 000	450 000	380 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 340 000	2 671 000	2 206 000	1 532 000
Expenditure	2 449 000	2 580 000	2 057 000	1 953 000
Operating Profit	−108 000	91 000	149 000	−421 000
Financial Income	2 000	3 000	0	0
Financial Costs	0	1 000	3 000	0
Financial Balance	2 000	2 000	−3 000	0
Earnings Before Tax	−106 000	93 000	146 000	−420 000
Tax	−21 000	23 000	34 000	−475 000
Net Income	−85 000	70 000	112 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	909 000	782 000	457 000	533 000
Total Current Assets	2 044 000	2 228 000	1 806 000	1 605 000
Total Assets	2 953 000	3 010 000	2 263 000	2 139 000
Total Retained Equity	265 000	350 000	280 000	168 000
Total Equity	365 000	450 000	380 000	268 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 588 000	2 560 000	1 883 000	1 871 000
Total Equity and Debt	2 953 000	3 010 000	2 263 000	2 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 340 000	2 671 000	2 206 000	632 000
Other Income	0	0	0	900 000
Revenue	2 340 000	2 671 000	2 206 000	1 532 000
Cost of Goods Sold	8 000	6 000	27 000	28 000
Salary Costs	1 821 000	1 712 000	1 368 000	1 385 000
Depreciation	95 000	28 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	2 449 000	2 580 000	2 057 000	1 953 000
Operating Profit	−108 000	91 000	149 000	−421 000
Financial Income	2 000	3 000	0	0
Financial Costs	0	1 000	3 000	0
Financial Balance	2 000	2 000	−3 000	0
Dividends	0	0	0	0
Net Income	−85 000	70 000	112 000	55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	440 000	419 000	441 000	475 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	469 000	364 000	16 000	58 000
Total Tangible Assets	469 000	364 000	16 000	58 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	909 000	782 000	457 000	533 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	72 000	266 000	288 000
Total Current Assets	2 044 000	2 228 000	1 806 000	1 605 000
Total Assets	2 953 000	3 010 000	2 263 000	2 139 000
Total Equity	365 000	450 000	380 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	31 000	25 000	42 000
Unpaid Taxes	172 000	122 000	455 000	169 000
Dividends	0	0	0	0
Other Current Debt	2 352 000	2 407 000	1 403 000	1 660 000
Total Current Debt	2 588 000	2 560 000	1 883 000	1 871 000
Total Equity and Debt	2 953 000	3 010 000	2 263 000	2 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,29 %	15,56 %	29,47 %	20,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,62 %	3,41 %	6,75 %	−27,48 %
Current Ratio	0,79	0,87	0,96	0,86
Quick Ratio	0,79	0,87	0,96	0,86
Equity Ratio	0,12	0,15	0,17	0,13
Gross Profit Margin	99,66 %	99,78 %	98,78 %	98,17 %