THERMO-FLOOR AS

2827 HUNNDALEN

Finances

Share Ownership

Return on Equity

17,03 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 013 000	103 593 000	100 629 000	98 245 000
Net Income	5 364 000	8 709 000	7 401 000	8 782 000
Total Assets	52 859 000	51 027 000	45 606 000	41 081 000
Total Equity	31 496 000	26 132 000	22 423 000	20 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 013 000	103 593 000	100 629 000	98 245 000
Expenditure	94 983 000	36 798 000	34 226 000	33 468 000
Operating Profit	7 030 000	11 249 000	9 568 000	11 263 000
Financial Income	1 432 000	1 023 000	5 000	5 000
Financial Costs	1 366 000	1 024 000	64 000	10 000
Financial Balance	66 000	−1 000	−59 000	−5 000
Earnings Before Tax	7 096 000	11 248 000	9 508 000	11 259 000
Tax	1 732 000	2 539 000	2 107 000	2 476 000
Net Income	5 364 000	8 709 000	7 401 000	8 782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 247 000	4 144 000	5 080 000	1 211 000
Total Current Assets	48 612 000	46 882 000	40 526 000	39 870 000
Total Assets	52 859 000	51 027 000	45 606 000	41 081 000
Total Retained Equity	30 031 000	24 667 000	20 959 000	18 558 000
Total Equity	31 496 000	26 132 000	22 423 000	20 022 000
Total Long-Term Debt	1 000	12 000	0	0
Total Current Debt	21 363 000	24 882 000	23 183 000	21 058 000
Total Equity and Debt	52 859 000	51 027 000	45 606 000	41 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 013 000	103 466 000	100 371 000	98 245 000
Other Income	0	126 000	258 000	0
Revenue	102 013 000	103 593 000	100 629 000	98 245 000
Cost of Goods Sold	54 289 000	0	0	0
Salary Costs	23 928 000	22 146 000	19 690 000	18 188 000
Depreciation	1 030 000	901 000	873 000	417 000
Impairment	0	0	0	0
Expenditure	94 983 000	36 798 000	34 226 000	33 468 000
Operating Profit	7 030 000	11 249 000	9 568 000	11 263 000
Financial Income	1 432 000	1 023 000	5 000	5 000
Financial Costs	1 366 000	1 024 000	64 000	10 000
Financial Balance	66 000	−1 000	−59 000	−5 000
Dividends	0	3 709 000	2 401 000	3 782 000
Net Income	5 364 000	8 709 000	7 401 000	8 782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 197 000	4 094 000	5 028 000	1 056 000
Total Tangible Assets	4 197 000	4 094 000	5 028 000	1 056 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	4 247 000	4 144 000	5 080 000	1 211 000
Stock	19 565 000	14 794 000	27 519 000	28 976 000
Total Investments	0	0	0	0
Cash, Bank	13 091 000	19 023 000	14 398 000	14 531 000
Total Current Assets	48 612 000	46 882 000	40 526 000	39 870 000
Total Assets	52 859 000	51 027 000	45 606 000	41 081 000
Total Equity	31 496 000	26 132 000	22 423 000	20 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	12 000	0	0
Creditors	5 667 000	6 724 000	5 541 000	5 988 000
Unpaid Taxes	5 201 000	5 646 000	7 526 000	4 732 000
Dividends	0	3 709 000	2 401 000	3 782 000
Other Current Debt	7 519 000	8 244 000	8 318 000	8 102 000
Total Current Debt	21 363 000	24 882 000	23 183 000	21 058 000
Total Equity and Debt	52 859 000	51 027 000	45 606 000	41 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,03 %	33,33 %	33,01 %	43,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,89 %	10,86 %	9,51 %	11,46 %
Current Ratio	2,28	1,88	1,75	1,89
Quick Ratio	27,04	4,65	−9,35	−5,04
Equity Ratio	0,6	0,51	0,49	0,49
Gross Profit Margin	46,78 %	100 %	100 %	100 %