THERMOKRAFT AS

3678 NOTODDEN

Finances

Return on Equity

−8,07 %

Current Ratio

2,31

Debt-to-Equity Ratio

2,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 562 000	13 599 000	7 711 000	10 057 000
Net Income	−1 513 000	−773 000	−4 483 000	−1 851 000
Total Assets	67 516 000	66 481 000	72 324 000	77 708 000
Total Equity	18 747 000	18 797 000	18 489 000	14 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 562 000	13 599 000	7 711 000	10 057 000
Expenditure	16 361 000	13 268 000	10 632 000	10 115 000
Operating Profit	−798 000	331 000	−2 920 000	−59 000
Financial Income	32 000	12 000	1 000	1 000
Financial Costs	1 257 000	1 116 000	1 564 000	1 793 000
Financial Balance	−1 225 000	−1 104 000	−1 563 000	−1 792 000
Earnings Before Tax	−2 023 000	−773 000	−4 483 000	−1 851 000
Tax	−510 000	0	0	0
Net Income	−1 513 000	−773 000	−4 483 000	−1 851 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 771 000	59 785 000	61 286 000	57 104 000
Total Current Assets	7 745 000	6 696 000	11 038 000	20 604 000
Total Assets	67 516 000	66 481 000	72 324 000	77 708 000
Total Retained Equity	−17 153 000	−15 640 000	−14 868 000	−10 385 000
Total Equity	18 747 000	18 797 000	18 489 000	14 195 000
Total Long-Term Debt	45 421 000	44 600 000	52 127 000	61 105 000
Total Current Debt	3 347 000	3 084 000	1 708 000	2 408 000
Total Equity and Debt	67 516 000	66 481 000	72 324 000	77 708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 562 000	13 599 000	7 711 000	10 057 000
Other Income	0	0	0	0
Revenue	15 562 000	13 599 000	7 711 000	10 057 000
Cost of Goods Sold	3 504 000	3 240 000	2 150 000	2 677 000
Salary Costs	1 802 000	1 858 000	1 955 000	1 789 000
Depreciation	2 442 000	2 368 000	2 471 000	2 092 000
Impairment	0	0	0	0
Expenditure	16 361 000	13 268 000	10 632 000	10 115 000
Operating Profit	−798 000	331 000	−2 920 000	−59 000
Financial Income	32 000	12 000	1 000	1 000
Financial Costs	1 257 000	1 116 000	1 564 000	1 793 000
Financial Balance	−1 225 000	−1 104 000	−1 563 000	−1 792 000
Dividends	0	0	0	0
Net Income	−1 513 000	−773 000	−4 483 000	−1 851 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	0	0	0
Real Eastate	150 000	168 000	0	35 837 000
Machinery and Plant Facilities	59 294 000	59 387 000	61 103 000	0
Fixtures	217 000	219 000	173 000	91 000
Total Tangible Assets	59 662 000	59 774 000	61 275 000	57 093 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	11 000
Total Fixed Assets	59 771 000	59 785 000	61 286 000	57 104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	63 000	115 000	75 000
Total Current Assets	7 745 000	6 696 000	11 038 000	20 604 000
Total Assets	67 516 000	66 481 000	72 324 000	77 708 000
Total Equity	18 747 000	18 797 000	18 489 000	14 195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 421 000	44 600 000	52 127 000	61 105 000
Creditors	2 485 000	2 670 000	910 000	1 642 000
Unpaid Taxes	132 000	125 000	269 000	182 000
Dividends	0	0	0	0
Other Current Debt	730 000	289 000	529 000	584 000
Total Current Debt	3 347 000	3 084 000	1 708 000	2 408 000
Total Equity and Debt	67 516 000	66 481 000	72 324 000	77 708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,07 %	−4,11 %	−24,25 %	−13,04 %
Debt-to-Equity Ratio	2,42	2,37	2,82	4,3
Operating Profit Margin	−5,13 %	2,43 %	−37,87 %	−0,59 %
Current Ratio	2,31	2,17	6,46	8,56
Quick Ratio	2,31	2,17	6,46	8,56
Equity Ratio	0,28	0,28	0,26	0,18
Gross Profit Margin	77,48 %	76,17 %	72,12 %	73,38 %