THOR MAGNE HANSEN & SØNN AS

4580 LYNGDAL

Finances

Return on Equity

−64,76 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 826 000	18 731 000	22 673 000	13 555 000
Net Income	−1 470 000	16 000	−826 000	−767 000
Total Assets	15 684 000	14 108 000	13 689 000	14 718 000
Total Equity	2 270 000	3 740 000	4 061 000	5 257 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 826 000	18 731 000	22 673 000	13 555 000
Expenditure	35 473 000	18 868 000	23 631 000	14 384 000
Operating Profit	−1 647 000	−136 000	−959 000	−830 000
Financial Income	3 000	200 000	0	4 000
Financial Costs	240 000	103 000	93 000	162 000
Financial Balance	−237 000	97 000	−93 000	−158 000
Earnings Before Tax	−1 884 000	−38 000	−1 052 000	−988 000
Tax	−415 000	−54 000	−226 000	−221 000
Net Income	−1 470 000	16 000	−826 000	−767 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 941 000	5 104 000	5 183 000	5 173 000
Total Current Assets	9 742 000	9 004 000	8 507 000	9 546 000
Total Assets	15 684 000	14 108 000	13 689 000	14 718 000
Total Retained Equity	2 170 000	3 640 000	3 961 000	5 157 000
Total Equity	2 270 000	3 740 000	4 061 000	5 257 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 413 000	10 367 000	9 628 000	9 461 000
Total Equity and Debt	15 684 000	14 108 000	13 689 000	14 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 826 000	18 728 000	22 577 000	13 461 000
Other Income	0	3 000	96 000	94 000
Revenue	33 826 000	18 731 000	22 673 000	13 555 000
Cost of Goods Sold	26 569 000	10 561 000	15 570 000	7 530 000
Salary Costs	6 505 000	6 148 000	5 988 000	5 062 000
Depreciation	120 000	139 000	147 000	163 000
Impairment	0	0	0	0
Expenditure	35 473 000	18 868 000	23 631 000	14 384 000
Operating Profit	−1 647 000	−136 000	−959 000	−830 000
Financial Income	3 000	200 000	0	4 000
Financial Costs	240 000	103 000	93 000	162 000
Financial Balance	−237 000	97 000	−93 000	−158 000
Dividends	0	337 000	370 000	0
Net Income	−1 470 000	16 000	−826 000	−767 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	802 000	387 000	333 000	251 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	646 000	513 000	610 000	648 000
Total Tangible Assets	646 000	513 000	610 000	648 000
Total Fiancial Fixed Assets	4 494 000	4 204 000	4 239 000	4 274 000
Total Fixed Assets	5 941 000	5 104 000	5 183 000	5 173 000
Stock	1 740 000	4 312 000	1 392 000	3 859 000
Total Investments	0	0	0	0
Cash, Bank	308 000	407 000	208 000	307 000
Total Current Assets	9 742 000	9 004 000	8 507 000	9 546 000
Total Assets	15 684 000	14 108 000	13 689 000	14 718 000
Total Equity	2 270 000	3 740 000	4 061 000	5 257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 426 000	3 992 000	3 875 000	2 819 000
Unpaid Taxes	1 375 000	1 743 000	1 414 000	735 000
Dividends	0	337 000	370 000	0
Other Current Debt	2 332 000	1 315 000	1 577 000	1 233 000
Total Current Debt	13 413 000	10 367 000	9 628 000	9 461 000
Total Equity and Debt	15 684 000	14 108 000	13 689 000	14 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,76 %	0,43 %	−20,34 %	−14,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,87 %	−0,73 %	−4,23 %	−6,12 %
Current Ratio	0,73	0,87	0,88	1,01
Quick Ratio	0,83	1,49	1,03	1,7
Equity Ratio	0,14	0,27	0,3	0,36
Gross Profit Margin	21,45 %	43,62 %	31,33 %	44,45 %