THORSEN KONTORSYSTEMER AS

5257 KOKSTAD

Finances

Share Ownership

Return on Equity

7,53 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 844 000	13 985 000	12 237 000	10 453 000
Net Income	142 000	192 000	336 000	110 000
Total Assets	3 475 000	5 085 000	3 603 000	2 800 000
Total Equity	1 885 000	1 742 000	1 551 000	1 215 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 844 000	13 985 000	12 237 000	10 453 000
Expenditure	12 645 000	13 727 000	11 783 000	10 286 000
Operating Profit	199 000	258 000	454 000	167 000
Financial Income	0	0	0	0
Financial Costs	17 000	12 000	21 000	26 000
Financial Balance	−17 000	−12 000	−21 000	−26 000
Earnings Before Tax	182 000	246 000	433 000	141 000
Tax	40 000	54 000	97 000	31 000
Net Income	142 000	192 000	336 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	12 000	17 000	47 000
Total Current Assets	3 456 000	5 073 000	3 586 000	2 753 000
Total Assets	3 475 000	5 085 000	3 603 000	2 800 000
Total Retained Equity	1 785 000	1 642 000	1 451 000	1 115 000
Total Equity	1 885 000	1 742 000	1 551 000	1 215 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 590 000	3 343 000	2 052 000	1 585 000
Total Equity and Debt	3 475 000	5 085 000	3 603 000	2 800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 844 000	13 985 000	12 234 000	10 453 000
Other Income	0	0	4 000	0
Revenue	12 844 000	13 985 000	12 237 000	10 453 000
Cost of Goods Sold	7 930 000	9 027 000	8 048 000	6 576 000
Salary Costs	2 092 000	2 017 000	1 846 000	2 105 000
Depreciation	0	0	21 000	25 000
Impairment	0	0	0	0
Expenditure	12 645 000	13 727 000	11 783 000	10 286 000
Operating Profit	199 000	258 000	454 000	167 000
Financial Income	0	0	0	0
Financial Costs	17 000	12 000	21 000	26 000
Financial Balance	−17 000	−12 000	−21 000	−26 000
Dividends	0	0	0	0
Net Income	142 000	192 000	336 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	12 000	17 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	38 000
Total Tangible Assets	0	0	0	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	12 000	17 000	47 000
Stock	1 218 000	940 000	1 237 000	1 231 000
Total Investments	0	0	0	0
Cash, Bank	238 000	639 000	374 000	121 000
Total Current Assets	3 456 000	5 073 000	3 586 000	2 753 000
Total Assets	3 475 000	5 085 000	3 603 000	2 800 000
Total Equity	1 885 000	1 742 000	1 551 000	1 215 000
Short-Term Group Debt	17 000	29 000	21 000	13 000
Total Long-Term Debt	0	0	0	0
Creditors	1 091 000	2 659 000	1 543 000	836 000
Unpaid Taxes	140 000	365 000	165 000	372 000
Dividends	0	0	0	0
Other Current Debt	296 000	241 000	220 000	243 000
Total Current Debt	1 590 000	3 343 000	2 052 000	1 585 000
Total Equity and Debt	3 475 000	5 085 000	3 603 000	2 800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,53 %	11,02 %	21,66 %	9,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,55 %	1,84 %	3,71 %	1,6 %
Current Ratio	2,17	1,52	1,75	1,74
Quick Ratio	9,29	2,11	4,4	7,78
Equity Ratio	0,54	0,34	0,43	0,43
Gross Profit Margin	38,26 %	35,45 %	34,23 %	37,09 %