TH ENDRESEN & SØNN AS

9951 VARDØ

Finances

Share Ownership

Return on Equity

42,74 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 630 000	3 659 000	3 357 000	2 487 000
Net Income	368 000	142 000	117 000	−57 000
Total Assets	1 421 000	1 083 000	796 000	580 000
Total Equity	861 000	493 000	351 000	234 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 630 000	3 659 000	3 357 000	2 487 000
Expenditure	4 172 000	3 475 000	3 216 000	2 546 000
Operating Profit	459 000	183 000	140 000	−59 000
Financial Income	5 000	5 000	6 000	11 000
Financial Costs	8 000	9 000	9 000	10 000
Financial Balance	−3 000	−4 000	−3 000	1 000
Earnings Before Tax	456 000	179 000	137 000	−57 000
Tax	88 000	37 000	20 000	0
Net Income	368 000	142 000	117 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	29 000	0	0
Total Current Assets	1 382 000	1 054 000	796 000	580 000
Total Assets	1 421 000	1 083 000	796 000	580 000
Total Retained Equity	761 000	393 000	251 000	134 000
Total Equity	861 000	493 000	351 000	234 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	559 000	589 000	445 000	346 000
Total Equity and Debt	1 421 000	1 083 000	796 000	580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 604 000	3 619 000	3 323 000	2 461 000
Other Income	26 000	40 000	33 000	26 000
Revenue	4 630 000	3 659 000	3 357 000	2 487 000
Cost of Goods Sold	2 814 000	2 250 000	2 039 000	1 273 000
Salary Costs	837 000	770 000	714 000	736 000
Depreciation	8 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	4 172 000	3 475 000	3 216 000	2 546 000
Operating Profit	459 000	183 000	140 000	−59 000
Financial Income	5 000	5 000	6 000	11 000
Financial Costs	8 000	9 000	9 000	10 000
Financial Balance	−3 000	−4 000	−3 000	1 000
Dividends	0	0	0	0
Net Income	368 000	142 000	117 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	29 000	0	0
Total Tangible Assets	39 000	29 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	29 000	0	0
Stock	497 000	374 000	374 000	351 000
Total Investments	0	0	0	0
Cash, Bank	544 000	48 000	240 000	102 000
Total Current Assets	1 382 000	1 054 000	796 000	580 000
Total Assets	1 421 000	1 083 000	796 000	580 000
Total Equity	861 000	493 000	351 000	234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	281 000	332 000	224 000	185 000
Unpaid Taxes	79 000	104 000	86 000	40 000
Dividends	0	0	0	0
Other Current Debt	112 000	117 000	115 000	121 000
Total Current Debt	559 000	589 000	445 000	346 000
Total Equity and Debt	1 421 000	1 083 000	796 000	580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,74 %	28,8 %	33,33 %	−24,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,91 %	5 %	4,17 %	−2,37 %
Current Ratio	2,47	1,79	1,79	1,68
Quick Ratio	22,29	4,9	11,21	−116
Equity Ratio	0,61	0,46	0,44	0,4
Gross Profit Margin	39,22 %	38,51 %	39,26 %	48,81 %