THORVALD AS

0270 OSLO

Finances

Share Ownership

Return on Equity

1,25 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	235 000	283 000	278 000	318 000
Net Income	−12 000	−4 000	−6 000	−4 000
Total Assets	280 000	290 000	315 000	240 000
Total Equity	−958 000	−947 000	−942 000	−936 000

Income (NOK)	2022	2021	2020	2019
Revenue	235 000	283 000	278 000	318 000
Expenditure	225 000	282 000	276 000	308 000
Operating Profit	9 000	2 000	2 000	11 000
Financial Income	0	0	0	0
Financial Costs	21 000	6 000	8 000	15 000
Financial Balance	−21 000	−6 000	−8 000	−15 000
Earnings Before Tax	−12 000	−4 000	−6 000	−4 000
Tax	0	0	0	0
Net Income	−12 000	−4 000	−6 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	220 000	248 000	276 000	185 000
Total Current Assets	60 000	42 000	39 000	55 000
Total Assets	280 000	290 000	315 000	240 000
Total Retained Equity	−1 058 000	−1 047 000	−1 042 000	−1 036 000
Total Equity	−958 000	−947 000	−942 000	−936 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 239 000	1 237 000	1 257 000	1 176 000
Total Equity and Debt	280 000	290 000	315 000	240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	235 000	283 000	236 000	186 000
Other Income	0	0	42 000	133 000
Revenue	235 000	283 000	278 000	318 000
Cost of Goods Sold	144 000	188 000	156 000	140 000
Salary Costs	0	0	0	0
Depreciation	28 000	28 000	24 000	21 000
Impairment	0	0	0	0
Expenditure	225 000	282 000	276 000	308 000
Operating Profit	9 000	2 000	2 000	11 000
Financial Income	0	0	0	0
Financial Costs	21 000	6 000	8 000	15 000
Financial Balance	−21 000	−6 000	−8 000	−15 000
Dividends	0	0	0	0
Net Income	−12 000	−4 000	−6 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	185 000	185 000	185 000	185 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	63 000	91 000	0
Total Tangible Assets	35 000	63 000	91 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	220 000	248 000	276 000	185 000
Stock	17 000	16 000	13 000	10 000
Total Investments	0	0	0	0
Cash, Bank	38 000	22 000	21 000	40 000
Total Current Assets	60 000	42 000	39 000	55 000
Total Assets	280 000	290 000	315 000	240 000
Total Equity	−958 000	−947 000	−942 000	−936 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	26 000
Unpaid Taxes	3 000	2 000	−13 000	−28 000
Dividends	0	0	0	0
Other Current Debt	1 236 000	1 235 000	1 269 000	1 178 000
Total Current Debt	1 239 000	1 237 000	1 257 000	1 176 000
Total Equity and Debt	280 000	290 000	315 000	240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,25 %	0,42 %	0,64 %	0,43 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	3,83 %	0,71 %	0,72 %	3,46 %
Current Ratio	0,05	0,03	0,03	0,05
Quick Ratio	0,05	0,03	0,03	0,05
Equity Ratio	−3,42	−3,27	−2,99	−3,9
Gross Profit Margin	38,72 %	33,57 %	43,88 %	55,97 %