THUNESTVEDT ELEKTRISKE AS

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

−99,64 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	713 000	1 446 000	1 174 000	1 227 000
Net Income	−277 000	−145 000	−259 000	46 000
Total Assets	755 000	959 000	1 289 000	1 685 000
Total Equity	278 000	555 000	745 000	1 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	713 000	1 446 000	1 174 000	1 227 000
Expenditure	991 000	1 590 000	1 405 000	1 163 000
Operating Profit	−277 000	−144 000	−230 000	65 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	4 000	5 000
Financial Balance	0	−1 000	−4 000	−5 000
Earnings Before Tax	−277 000	−145 000	−234 000	60 000
Tax	0	0	25 000	13 000
Net Income	−277 000	−145 000	−259 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	88 000	110 000	183 000
Total Current Assets	684 000	871 000	1 178 000	1 501 000
Total Assets	755 000	959 000	1 289 000	1 685 000
Total Retained Equity	228 000	505 000	695 000	954 000
Total Equity	278 000	555 000	745 000	1 004 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	477 000	404 000	543 000	681 000
Total Equity and Debt	755 000	959 000	1 289 000	1 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	693 000	1 508 000	1 132 000	1 227 000
Other Income	20 000	−62 000	42 000	0
Revenue	713 000	1 446 000	1 174 000	1 227 000
Cost of Goods Sold	189 000	739 000	423 000	497 000
Salary Costs	603 000	649 000	745 000	490 000
Depreciation	18 000	22 000	25 000	30 000
Impairment	0	0	0	0
Expenditure	991 000	1 590 000	1 405 000	1 163 000
Operating Profit	−277 000	−144 000	−230 000	65 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	4 000	5 000
Financial Balance	0	−1 000	−4 000	−5 000
Dividends	0	0	0	0
Net Income	−277 000	−145 000	−259 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	70 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	88 000	110 000	113 000
Total Tangible Assets	71 000	88 000	110 000	113 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	71 000	88 000	110 000	183 000
Stock	439 000	424 000	419 000	390 000
Total Investments	0	0	0	0
Cash, Bank	77 000	154 000	100 000	3 000
Total Current Assets	684 000	871 000	1 178 000	1 501 000
Total Assets	755 000	959 000	1 289 000	1 685 000
Total Equity	278 000	555 000	745 000	1 004 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	45 000	2 000	47 000	28 000
Unpaid Taxes	104 000	126 000	152 000	228 000
Dividends	0	0	0	0
Other Current Debt	328 000	276 000	345 000	425 000
Total Current Debt	477 000	404 000	543 000	681 000
Total Equity and Debt	755 000	959 000	1 289 000	1 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−99,64 %	−26,13 %	−34,77 %	4,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−38,85 %	−9,96 %	−19,59 %	5,3 %
Current Ratio	1,43	2,16	2,17	2,2
Quick Ratio	18	−43,55	9,5	5,16
Equity Ratio	0,37	0,58	0,58	0,6
Gross Profit Margin	73,49 %	48,89 %	63,97 %	59,49 %