THORE MAGNUSSEN OG SØNN AS

8360 BØSTAD

Finances

Return on Equity

1,44 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	189 875 000	159 510 000	183 403 000	146 774 000
Net Income	422 000	3 057 000	7 005 000	376 000
Total Assets	71 351 000	63 581 000	61 955 000	50 739 000
Total Equity	29 334 000	26 613 000	23 045 000	17 283 000

Income (NOK)	2022	2021	2020	2019
Revenue	189 875 000	159 510 000	183 403 000	146 774 000
Expenditure	190 251 000	155 690 000	173 933 000	143 831 000
Operating Profit	22 000	4 038 000	9 070 000	849 000
Financial Income	543 000	2 000	31 000	70 000
Financial Costs	17 000	104 000	107 000	374 000
Financial Balance	526 000	−102 000	−76 000	−304 000
Earnings Before Tax	547 000	3 936 000	8 993 000	545 000
Tax	125 000	878 000	1 989 000	169 000
Net Income	422 000	3 057 000	7 005 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 414 000	5 164 000	7 217 000	4 879 000
Total Current Assets	62 936 000	58 417 000	54 737 000	45 860 000
Total Assets	71 351 000	63 581 000	61 955 000	50 739 000
Total Retained Equity	17 130 000	16 708 000	16 651 000	15 646 000
Total Equity	29 334 000	26 613 000	23 045 000	17 283 000
Total Long-Term Debt	10 207 000	9 433 000	7 565 000	10 461 000
Total Current Debt	31 809 000	27 535 000	31 344 000	22 996 000
Total Equity and Debt	71 351 000	63 581 000	61 955 000	50 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 862 000	153 018 000	177 931 000	144 745 000
Other Income	7 013 000	6 492 000	5 473 000	2 029 000
Revenue	189 875 000	159 510 000	183 403 000	146 774 000
Cost of Goods Sold	99 955 000	65 692 000	80 664 000	56 593 000
Salary Costs	43 129 000	43 850 000	43 706 000	39 261 000
Depreciation	1 116 000	1 052 000	1 239 000	1 353 000
Impairment	0	0	0	0
Expenditure	190 251 000	155 690 000	173 933 000	143 831 000
Operating Profit	22 000	4 038 000	9 070 000	849 000
Financial Income	543 000	2 000	31 000	70 000
Financial Costs	17 000	104 000	107 000	374 000
Financial Balance	526 000	−102 000	−76 000	−304 000
Dividends	0	3 000 000	6 000 000	0
Net Income	422 000	3 057 000	7 005 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	188 000	231 000	273 000	315 000
Machinery and Plant Facilities	665 000	712 000	722 000	903 000
Fixtures	3 470 000	2 035 000	1 976 000	1 780 000
Total Tangible Assets	4 323 000	2 978 000	2 971 000	2 999 000
Total Fiancial Fixed Assets	4 092 000	2 186 000	4 246 000	1 881 000
Total Fixed Assets	8 414 000	5 164 000	7 217 000	4 879 000
Stock	1 829 000	1 433 000	1 213 000	1 613 000
Total Investments	0	0	0	0
Cash, Bank	7 247 000	1 690 000	2 186 000	4 982 000
Total Current Assets	62 936 000	58 417 000	54 737 000	45 860 000
Total Assets	71 351 000	63 581 000	61 955 000	50 739 000
Total Equity	29 334 000	26 613 000	23 045 000	17 283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 207 000	9 433 000	7 565 000	10 461 000
Creditors	18 698 000	7 901 000	13 026 000	10 324 000
Unpaid Taxes	5 916 000	6 041 000	5 093 000	6 010 000
Dividends	0	3 000 000	6 000 000	0
Other Current Debt	7 196 000	7 703 000	7 226 000	6 663 000
Total Current Debt	31 809 000	27 535 000	31 344 000	22 996 000
Total Equity and Debt	71 351 000	63 581 000	61 955 000	50 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,44 %	11,49 %	30,4 %	2,18 %
Debt-to-Equity Ratio	0,35	0,35	0,33	0,61
Operating Profit Margin	0,01 %	2,53 %	4,95 %	0,58 %
Current Ratio	1,98	2,12	1,75	1,99
Quick Ratio	2,1	2,24	1,82	2,14
Equity Ratio	0,41	0,42	0,37	0,34
Gross Profit Margin	47,36 %	58,82 %	56,02 %	61,44 %