TOR G THUESTAD DRIFT AS

5550 SVEIO

Finances

Share Ownership

Return on Equity

4,03 %

Current Ratio

2,64

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 960 000	14 009 000	12 447 000	11 416 000
Net Income	160 000	102 000	568 000	−107 000
Total Assets	10 892 000	10 982 000	10 999 000	10 258 000
Total Equity	3 970 000	3 860 000	3 807 000	3 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 960 000	14 009 000	12 447 000	11 416 000
Expenditure	14 509 000	13 686 000	11 503 000	11 320 000
Operating Profit	452 000	322 000	944 000	96 000
Financial Income	16 000	17 000	18 000	24 000
Financial Costs	261 000	208 000	233 000	258 000
Financial Balance	−245 000	−191 000	−215 000	−234 000
Earnings Before Tax	206 000	131 000	729 000	−138 000
Tax	45 000	29 000	160 000	−30 000
Net Income	160 000	102 000	568 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 124 000	5 391 000	5 660 000	5 896 000
Total Current Assets	5 768 000	5 591 000	5 340 000	4 362 000
Total Assets	10 892 000	10 982 000	10 999 000	10 258 000
Total Retained Equity	3 670 000	3 560 000	3 507 000	3 239 000
Total Equity	3 970 000	3 860 000	3 807 000	3 539 000
Total Long-Term Debt	4 734 000	4 962 000	5 210 000	5 416 000
Total Current Debt	2 188 000	2 160 000	1 983 000	1 303 000
Total Equity and Debt	10 892 000	10 982 000	10 999 000	10 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 768 000	13 848 000	12 285 000	11 233 000
Other Income	192 000	161 000	162 000	183 000
Revenue	14 960 000	14 009 000	12 447 000	11 416 000
Cost of Goods Sold	7 639 000	6 764 000	5 427 000	5 407 000
Salary Costs	4 834 000	4 934 000	4 292 000	4 287 000
Depreciation	281 000	293 000	307 000	310 000
Impairment	0	0	0	0
Expenditure	14 509 000	13 686 000	11 503 000	11 320 000
Operating Profit	452 000	322 000	944 000	96 000
Financial Income	16 000	17 000	18 000	24 000
Financial Costs	261 000	208 000	233 000	258 000
Financial Balance	−245 000	−191 000	−215 000	−234 000
Dividends	50 000	50 000	300 000	0
Net Income	160 000	102 000	568 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	3 000	0	0
Real Eastate	5 086 000	5 357 000	5 635 000	5 835 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	31 000	25 000	61 000
Total Tangible Assets	5 107 000	5 387 000	5 660 000	5 896 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 124 000	5 391 000	5 660 000	5 896 000
Stock	3 001 000	2 817 000	2 616 000	2 466 000
Total Investments	0	0	0	0
Cash, Bank	230 000	734 000	805 000	660 000
Total Current Assets	5 768 000	5 591 000	5 340 000	4 362 000
Total Assets	10 892 000	10 982 000	10 999 000	10 258 000
Total Equity	3 970 000	3 860 000	3 807 000	3 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 734 000	4 962 000	5 210 000	5 416 000
Creditors	899 000	755 000	569 000	514 000
Unpaid Taxes	429 000	537 000	463 000	375 000
Dividends	50 000	50 000	300 000	0
Other Current Debt	751 000	773 000	498 000	414 000
Total Current Debt	2 188 000	2 160 000	1 983 000	1 303 000
Total Equity and Debt	10 892 000	10 982 000	10 999 000	10 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,03 %	2,64 %	14,92 %	−3,02 %
Debt-to-Equity Ratio	1,19	1,29	1,37	1,53
Operating Profit Margin	3,02 %	2,3 %	7,58 %	0,84 %
Current Ratio	2,64	2,59	2,69	3,35
Quick Ratio	−7,09	−8,51	−8,44	−3,75
Equity Ratio	0,36	0,35	0,35	0,34
Gross Profit Margin	48,94 %	51,72 %	56,4 %	52,64 %