THORSEN EIENDOM AS

3017 DRAMMEN

Finances

Share Ownership

Return on Equity

11,51 %

Current Ratio

2,57

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 085 000	3 103 000	4 022 000	4 120 000
Net Income	1 494 000	874 000	2 282 000	2 079 000
Total Assets	14 586 000	14 819 000	15 086 000	13 477 000
Total Equity	12 985 000	11 491 000	11 617 000	8 826 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 085 000	3 103 000	4 022 000	4 120 000
Expenditure	1 170 000	1 983 000	1 060 000	1 332 000
Operating Profit	1 915 000	1 120 000	2 962 000	2 788 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	37 000	124 000
Financial Balance	1 000	0	−37 000	−124 000
Earnings Before Tax	1 915 000	1 120 000	2 926 000	2 665 000
Tax	421 000	246 000	644 000	586 000
Net Income	1 494 000	874 000	2 282 000	2 079 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 033 000	12 220 000	12 894 000	12 464 000
Total Current Assets	2 553 000	2 600 000	2 192 000	1 013 000
Total Assets	14 586 000	14 819 000	15 086 000	13 477 000
Total Retained Equity	7 208 000	5 714 000	5 840 000	5 058 000
Total Equity	12 985 000	11 491 000	11 617 000	8 826 000
Total Long-Term Debt	610 000	594 000	573 000	3 826 000
Total Current Debt	992 000	2 735 000	2 896 000	826 000
Total Equity and Debt	14 586 000	14 819 000	15 086 000	13 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 085 000	3 103 000	3 591 000	0
Other Income	0	0	431 000	4 120 000
Revenue	3 085 000	3 103 000	4 022 000	4 120 000
Cost of Goods Sold	0	0	431 000	0
Salary Costs	114 000	114 000	110 000	114 000
Depreciation	186 000	182 000	179 000	165 000
Impairment	0	0	0	0
Expenditure	1 170 000	1 983 000	1 060 000	1 332 000
Operating Profit	1 915 000	1 120 000	2 962 000	2 788 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	37 000	124 000
Financial Balance	1 000	0	−37 000	−124 000
Dividends	0	1 000 000	1 500 000	0
Net Income	1 494 000	874 000	2 282 000	2 079 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 033 000	12 220 000	12 894 000	12 464 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 033 000	12 220 000	12 894 000	12 464 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 033 000	12 220 000	12 894 000	12 464 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 838 000	541 000	1 942 000	723 000
Total Current Assets	2 553 000	2 600 000	2 192 000	1 013 000
Total Assets	14 586 000	14 819 000	15 086 000	13 477 000
Total Equity	12 985 000	11 491 000	11 617 000	8 826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	610 000	594 000	573 000	3 826 000
Creditors	46 000	81 000	752 000	0
Unpaid Taxes	−5 000	202 000	0	142 000
Dividends	0	1 000 000	1 500 000	0
Other Current Debt	545 000	1 226 000	25 000	128 000
Total Current Debt	992 000	2 735 000	2 896 000	826 000
Total Equity and Debt	14 586 000	14 819 000	15 086 000	13 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,51 %	7,61 %	19,64 %	23,56 %
Debt-to-Equity Ratio	0,05	0,05	0,05	0,43
Operating Profit Margin	62,07 %	36,09 %	73,64 %	67,67 %
Current Ratio	2,57	0,95	0,76	1,23
Quick Ratio	2,57	0,95	0,76	1,23
Equity Ratio	0,89	0,78	0,77	0,65
Gross Profit Margin	100 %	100 %	89,28 %	100 %