THOR HELDAL AS

5224 NESTTUN

Finances

Return on Equity

−15,66 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 121 000	32 521 000	34 082 000	27 322 000
Net Income	−710 000	−848 000	562 000	−680 000
Total Assets	14 478 000	14 806 000	15 022 000	15 018 000
Total Equity	4 533 000	5 243 000	6 091 000	5 529 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 121 000	32 521 000	34 082 000	27 322 000
Expenditure	28 262 000	33 479 000	33 087 000	27 935 000
Operating Profit	−915 000	−958 000	994 000	−612 000
Financial Income	598 000	51 000	29 000	29 000
Financial Costs	554 000	181 000	301 000	286 000
Financial Balance	44 000	−130 000	−272 000	−257 000
Earnings Before Tax	−871 000	−1 087 000	722 000	−869 000
Tax	−161 000	−239 000	160 000	−190 000
Net Income	−710 000	−848 000	562 000	−680 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 724 000	3 424 000	465 000	532 000
Total Current Assets	10 754 000	11 383 000	14 556 000	14 485 000
Total Assets	14 478 000	14 806 000	15 022 000	15 018 000
Total Retained Equity	3 385 000	4 095 000	4 943 000	4 381 000
Total Equity	4 533 000	5 243 000	6 091 000	5 529 000
Total Long-Term Debt	651 000	1 196 000	2 000 000	0
Total Current Debt	9 294 000	8 367 000	6 931 000	9 488 000
Total Equity and Debt	14 478 000	14 806 000	15 022 000	15 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 729 000	32 285 000	33 249 000	26 946 000
Other Income	391 000	237 000	833 000	376 000
Revenue	26 121 000	32 521 000	34 082 000	27 322 000
Cost of Goods Sold	18 817 000	23 573 000	23 264 000	17 973 000
Salary Costs	4 955 000	6 111 000	6 152 000	6 001 000
Depreciation	195 000	73 000	49 000	47 000
Impairment	0	0	0	0
Expenditure	28 262 000	33 479 000	33 087 000	27 935 000
Operating Profit	−915 000	−958 000	994 000	−612 000
Financial Income	598 000	51 000	29 000	29 000
Financial Costs	554 000	181 000	301 000	286 000
Financial Balance	44 000	−130 000	−272 000	−257 000
Dividends	0	0	0	0
Net Income	−710 000	−848 000	562 000	−680 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	491 000	421 000	206 000	229 000
Real Eastate	207 000	0	0	0
Machinery and Plant Facilities	218 000	0	0	1 000
Fixtures	109 000	277 000	260 000	302 000
Total Tangible Assets	533 000	277 000	260 000	303 000
Total Fiancial Fixed Assets	2 700 000	2 727 000	0	0
Total Fixed Assets	3 724 000	3 424 000	465 000	532 000
Stock	9 627 000	9 766 000	9 745 000	8 293 000
Total Investments	0	0	0	0
Cash, Bank	278 000	267 000	243 000	278 000
Total Current Assets	10 754 000	11 383 000	14 556 000	14 485 000
Total Assets	14 478 000	14 806 000	15 022 000	15 018 000
Total Equity	4 533 000	5 243 000	6 091 000	5 529 000
Short-Term Group Debt	430 000	0	0	0
Total Long-Term Debt	651 000	1 196 000	2 000 000	0
Creditors	788 000	3 434 000	3 548 000	2 056 000
Unpaid Taxes	469 000	871 000	881 000	1 169 000
Dividends	0	0	0	0
Other Current Debt	718 000	570 000	576 000	549 000
Total Current Debt	9 294 000	8 367 000	6 931 000	9 488 000
Total Equity and Debt	14 478 000	14 806 000	15 022 000	15 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,66 %	−16,17 %	9,23 %	−12,3 %
Debt-to-Equity Ratio	0,14	0,23	0,33	0
Operating Profit Margin	−3,5 %	−2,95 %	2,92 %	−2,24 %
Current Ratio	1,16	1,36	2,1	1,53
Quick Ratio	−32,29	−8,14	−5,17	12,12
Equity Ratio	0,31	0,35	0,41	0,37
Gross Profit Margin	27,96 %	27,51 %	31,74 %	34,22 %