THIO AS

7080 HEIMDAL

Finances

Return on Equity

35,13 %

Current Ratio

3,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 979 000	6 432 000	6 656 000	6 581 000
Net Income	1 116 000	−69 000	24 000	130 000
Total Assets	4 500 000	4 340 000	4 350 000	4 259 000
Total Equity	3 177 000	2 061 000	3 029 000	3 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 979 000	6 432 000	6 656 000	6 581 000
Expenditure	7 541 000	6 522 000	6 631 000	6 427 000
Operating Profit	1 439 000	−90 000	24 000	153 000
Financial Income	5 000	27 000	15 000	19 000
Financial Costs	5 000	7 000	9 000	2 000
Financial Balance	0	20 000	6 000	17 000
Earnings Before Tax	1 438 000	−70 000	31 000	170 000
Tax	322 000	−1 000	7 000	40 000
Net Income	1 116 000	−69 000	24 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	207 000	35 000	81 000
Total Current Assets	4 212 000	4 133 000	4 314 000	4 179 000
Total Assets	4 500 000	4 340 000	4 350 000	4 259 000
Total Retained Equity	3 027 000	1 911 000	2 829 000	2 805 000
Total Equity	3 177 000	2 061 000	3 029 000	3 005 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 323 000	2 279 000	1 321 000	1 254 000
Total Equity and Debt	4 500 000	4 340 000	4 350 000	4 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 979 000	6 432 000	6 656 000	6 581 000
Other Income	0	0	0	0
Revenue	8 979 000	6 432 000	6 656 000	6 581 000
Cost of Goods Sold	2 095 000	1 609 000	1 608 000	1 603 000
Salary Costs	3 496 000	2 908 000	3 263 000	3 257 000
Depreciation	52 000	20 000	24 000	25 000
Impairment	0	0	0	0
Expenditure	7 541 000	6 522 000	6 631 000	6 427 000
Operating Profit	1 439 000	−90 000	24 000	153 000
Financial Income	5 000	27 000	15 000	19 000
Financial Costs	5 000	7 000	9 000	2 000
Financial Balance	0	20 000	6 000	17 000
Dividends	0	0	0	0
Net Income	1 116 000	−69 000	24 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	11 000	10 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	149 000	196 000	0	0
Fixtures	135 000	0	26 000	50 000
Total Tangible Assets	284 000	196 000	26 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	288 000	207 000	35 000	81 000
Stock	23 000	23 000	23 000	23 000
Total Investments	0	0	0	0
Cash, Bank	2 988 000	3 059 000	2 628 000	3 079 000
Total Current Assets	4 212 000	4 133 000	4 314 000	4 179 000
Total Assets	4 500 000	4 340 000	4 350 000	4 259 000
Total Equity	3 177 000	2 061 000	3 029 000	3 005 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	69 000	609 000	316 000	268 000
Unpaid Taxes	487 000	481 000	518 000	526 000
Dividends	0	0	0	0
Other Current Debt	452 000	1 189 000	486 000	419 000
Total Current Debt	1 323 000	2 279 000	1 321 000	1 254 000
Total Equity and Debt	4 500 000	4 340 000	4 350 000	4 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,13 %	−3,35 %	0,79 %	4,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,03 %	−1,4 %	0,36 %	2,32 %
Current Ratio	3,18	1,81	3,27	3,33
Quick Ratio	3,24	1,83	3,32	3,39
Equity Ratio	0,71	0,47	0,7	0,71
Gross Profit Margin	76,67 %	74,98 %	75,84 %	75,64 %