THERMO CONTROL AS

1405 LANGHUS

Finances

Return on Equity

65,22 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	195 174 000	146 595 000	95 605 000	99 421 000
Net Income	12 207 000	8 808 000	5 501 000	5 474 000
Total Assets	87 922 000	51 061 000	37 697 000	39 224 000
Total Equity	18 716 000	24 509 000	21 976 000	16 475 000

Income (NOK)	2022	2021	2020	2019
Revenue	195 174 000	146 595 000	95 605 000	99 421 000
Expenditure	180 627 000	137 650 000	93 031 000	93 078 000
Operating Profit	14 545 000	8 945 000	2 574 000	6 343 000
Financial Income	1 140 000	1 977 000	3 594 000	611 000
Financial Costs	131 000	166 000	94 000	88 000
Financial Balance	1 009 000	1 811 000	3 500 000	523 000
Earnings Before Tax	15 554 000	10 756 000	6 074 000	6 866 000
Tax	3 347 000	1 948 000	574 000	1 392 000
Net Income	12 207 000	8 808 000	5 501 000	5 474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 680 000	2 536 000	2 561 000	1 696 000
Total Current Assets	81 242 000	48 526 000	35 135 000	37 528 000
Total Assets	87 922 000	51 061 000	37 697 000	39 224 000
Total Retained Equity	18 416 000	24 209 000	0	16 175 000
Total Equity	18 716 000	24 509 000	21 976 000	16 475 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	69 207 000	26 553 000	15 721 000	22 749 000
Total Equity and Debt	87 922 000	51 061 000	37 697 000	39 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	195 174 000	146 595 000	95 605 000	99 421 000
Other Income	0	0	0	0
Revenue	195 174 000	146 595 000	95 605 000	99 421 000
Cost of Goods Sold	126 687 000	90 839 000	60 034 000	62 432 000
Salary Costs	47 299 000	35 504 000	23 907 000	21 984 000
Depreciation	442 000	474 000	589 000	510 000
Impairment	0	0	0	0
Expenditure	180 627 000	137 650 000	93 031 000	93 078 000
Operating Profit	14 545 000	8 945 000	2 574 000	6 343 000
Financial Income	1 140 000	1 977 000	3 594 000	611 000
Financial Costs	131 000	166 000	94 000	88 000
Financial Balance	1 009 000	1 811 000	3 500 000	523 000
Dividends	18 000 000	0	0	10 000 000
Net Income	12 207 000	8 808 000	5 501 000	5 474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	180 000	209 000	291 000	41 000
Real Eastate	0	1 142 000	66 000	164 000
Machinery and Plant Facilities	361 000	320 000	394 000	520 000
Fixtures	0	554 000	417 000	325 000
Total Tangible Assets	2 089 000	2 016 000	876 000	1 010 000
Total Fiancial Fixed Assets	4 411 000	311 000	1 394 000	645 000
Total Fixed Assets	6 680 000	2 536 000	2 561 000	1 696 000
Stock	9 745 000	9 535 000	7 189 000	5 157 000
Total Investments	0	0	0	0
Cash, Bank	0	9 090 000	2 969 000	12 072 000
Total Current Assets	81 242 000	48 526 000	35 135 000	37 528 000
Total Assets	87 922 000	51 061 000	37 697 000	39 224 000
Total Equity	18 716 000	24 509 000	21 976 000	16 475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 223 000	11 593 000	5 279 000	5 975 000
Unpaid Taxes	13 558 000	7 410 000	5 055 000	4 634 000
Dividends	18 000 000	0	0	10 000 000
Other Current Debt	15 107 000	5 731 000	4 640 000	3 091 000
Total Current Debt	69 207 000	26 553 000	15 721 000	22 749 000
Total Equity and Debt	87 922 000	51 061 000	37 697 000	39 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,22 %	35,94 %	25,03 %	33,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,45 %	6,1 %	2,69 %	6,38 %
Current Ratio	1,17	1,83	2,23	1,65
Quick Ratio	1,37	2,85	4,12	2,13
Equity Ratio	0,21	0,48	0,58	0,42
Gross Profit Margin	35,09 %	38,03 %	37,21 %	37,2 %