THINGSTAD EIENDOM AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

8,64 %

Current Ratio

2,53

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 730 000	1 953 000	2 513 000	2 473 000
Net Income	919 000	−153 000	911 000	979 000
Total Assets	16 556 000	18 629 000	18 133 000	17 720 000
Total Equity	10 638 000	10 109 000	11 562 000	10 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 730 000	1 953 000	2 513 000	2 473 000
Expenditure	1 413 000	1 973 000	1 157 000	988 000
Operating Profit	1 317 000	−21 000	1 357 000	1 485 000
Financial Income	11 000	18 000	22 000	36 000
Financial Costs	151 000	193 000	211 000	266 000
Financial Balance	−140 000	−175 000	−189 000	−230 000
Earnings Before Tax	1 178 000	−196 000	1 168 000	1 255 000
Tax	259 000	−43 000	257 000	276 000
Net Income	919 000	−153 000	911 000	979 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 584 000	12 748 000	10 729 000	10 623 000
Total Current Assets	3 972 000	5 881 000	7 404 000	7 097 000
Total Assets	16 556 000	18 629 000	18 133 000	17 720 000
Total Retained Equity	6 638 000	6 109 000	7 562 000	6 651 000
Total Equity	10 638 000	10 109 000	11 562 000	10 651 000
Total Long-Term Debt	4 346 000	4 777 000	5 245 000	5 742 000
Total Current Debt	1 572 000	3 743 000	1 326 000	1 327 000
Total Equity and Debt	16 556 000	18 629 000	18 133 000	17 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	662 000	0	0	0
Other Income	2 069 000	1 953 000	2 513 000	2 473 000
Revenue	2 730 000	1 953 000	2 513 000	2 473 000
Cost of Goods Sold	0	0	0	0
Salary Costs	208 000	208 000	207 000	153 000
Depreciation	435 000	564 000	611 000	575 000
Impairment	0	0	0	0
Expenditure	1 413 000	1 973 000	1 157 000	988 000
Operating Profit	1 317 000	−21 000	1 357 000	1 485 000
Financial Income	11 000	18 000	22 000	36 000
Financial Costs	151 000	193 000	211 000	266 000
Financial Balance	−140 000	−175 000	−189 000	−230 000
Dividends	390 000	1 300 000	0	0
Net Income	919 000	−153 000	911 000	979 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	58 000
Total Intangible Assets	0	0	0	58 000
Real Eastate	12 455 000	12 748 000	10 729 000	10 565 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	129 000	0	0	0
Total Tangible Assets	12 584 000	12 748 000	10 729 000	10 565 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 584 000	12 748 000	10 729 000	10 623 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 025 000	4 599 000	6 563 000	6 275 000
Total Current Assets	3 972 000	5 881 000	7 404 000	7 097 000
Total Assets	16 556 000	18 629 000	18 133 000	17 720 000
Total Equity	10 638 000	10 109 000	11 562 000	10 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 346 000	4 777 000	5 245 000	5 742 000
Creditors	0	1 582 000	6 000	0
Unpaid Taxes	12 000	14 000	168 000	166 000
Dividends	390 000	1 300 000	0	0
Other Current Debt	906 000	847 000	824 000	826 000
Total Current Debt	1 572 000	3 743 000	1 326 000	1 327 000
Total Equity and Debt	16 556 000	18 629 000	18 133 000	17 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,64 %	−1,51 %	7,88 %	9,19 %
Debt-to-Equity Ratio	0,41	0,47	0,45	0,54
Operating Profit Margin	48,24 %	−1,08 %	54 %	60,05 %
Current Ratio	2,53	1,57	5,58	5,35
Quick Ratio	2,53	1,57	5,58	5,35
Equity Ratio	0,64	0,54	0,64	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %