THORSEN GRUPPEN AS

5257 KOKSTAD

Finances

Return on Equity

4,97 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 942 000	18 233 000	17 595 000	15 723 000
Net Income	136 000	88 000	1 110 000	1 336 000
Total Assets	7 310 000	7 863 000	7 899 000	8 060 000
Total Equity	2 734 000	3 098 000	3 510 000	2 700 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 942 000	18 233 000	17 595 000	15 723 000
Expenditure	18 743 000	18 093 000	16 146 000	15 754 000
Operating Profit	200 000	139 000	1 449 000	−31 000
Financial Income	1 000	1 000	2 000	1 400 000
Financial Costs	27 000	27 000	28 000	39 000
Financial Balance	−26 000	−26 000	−26 000	1 361 000
Earnings Before Tax	174 000	113 000	1 423 000	1 331 000
Tax	38 000	25 000	313 000	−6 000
Net Income	136 000	88 000	1 110 000	1 336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 926 000	3 818 000	3 886 000	3 961 000
Total Current Assets	4 385 000	4 045 000	4 013 000	4 099 000
Total Assets	7 310 000	7 863 000	7 899 000	8 060 000
Total Retained Equity	2 634 000	2 998 000	3 410 000	2 600 000
Total Equity	2 734 000	3 098 000	3 510 000	2 700 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 576 000	4 765 000	4 389 000	5 360 000
Total Equity and Debt	7 310 000	7 863 000	7 899 000	8 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 666 000	10 941 000	11 231 000	10 369 000
Other Income	7 276 000	7 291 000	6 364 000	5 354 000
Revenue	18 942 000	18 233 000	17 595 000	15 723 000
Cost of Goods Sold	9 198 000	8 629 000	8 245 000	6 849 000
Salary Costs	8 412 000	7 983 000	6 478 000	6 797 000
Depreciation	1 058 000	1 269 000	1 269 000	1 835 000
Impairment	0	0	0	0
Expenditure	18 743 000	18 093 000	16 146 000	15 754 000
Operating Profit	200 000	139 000	1 449 000	−31 000
Financial Income	1 000	1 000	2 000	1 400 000
Financial Costs	27 000	27 000	28 000	39 000
Financial Balance	−26 000	−26 000	−26 000	1 361 000
Dividends	500 000	500 000	300 000	1 200 000
Net Income	136 000	88 000	1 110 000	1 336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	237 000	275 000	300 000	406 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 835 000	2 688 000	2 731 000	3 101 000
Total Tangible Assets	1 835 000	2 688 000	2 731 000	3 101 000
Total Fiancial Fixed Assets	854 000	854 000	854 000	454 000
Total Fixed Assets	2 926 000	3 818 000	3 886 000	3 961 000
Stock	0	12 000	12 000	12 000
Total Investments	0	0	0	0
Cash, Bank	1 067 000	859 000	574 000	723 000
Total Current Assets	4 385 000	4 045 000	4 013 000	4 099 000
Total Assets	7 310 000	7 863 000	7 899 000	8 060 000
Total Equity	2 734 000	3 098 000	3 510 000	2 700 000
Short-Term Group Debt	0	0	500 000	1 600 000
Total Long-Term Debt	0	0	0	0
Creditors	1 763 000	2 275 000	1 733 000	2 025 000
Unpaid Taxes	735 000	757 000	765 000	691 000
Dividends	500 000	500 000	300 000	1 200 000
Other Current Debt	1 579 000	1 733 000	1 184 000	1 045 000
Total Current Debt	4 576 000	4 765 000	4 389 000	5 360 000
Total Equity and Debt	7 310 000	7 863 000	7 899 000	8 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,97 %	2,84 %	31,62 %	49,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,06 %	0,76 %	8,24 %	−0,2 %
Current Ratio	0,96	0,85	0,91	0,76
Quick Ratio	0,96	0,85	0,92	0,77
Equity Ratio	0,37	0,39	0,44	0,33
Gross Profit Margin	51,44 %	52,67 %	53,14 %	56,44 %