TH DESIGN AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

372,22 %

Current Ratio

1,49

Debt-to-Equity Ratio

−11,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 000	550 000	482 000	544 000
Net Income	−67 000	−35 000	−52 000	−28 000
Total Assets	261 000	292 000	148 000	184 000
Total Equity	−18 000	49 000	84 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 000	550 000	482 000	544 000
Expenditure	492 000	580 000	535 000	574 000
Operating Profit	−45 000	−30 000	−52 000	−31 000
Financial Income	0	5 000	0	0
Financial Costs	22 000	10 000	0	0
Financial Balance	−22 000	−5 000	0	0
Earnings Before Tax	−67 000	−35 000	−52 000	−31 000
Tax	0	0	0	−3 000
Net Income	−67 000	−35 000	−52 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	209 000	46 000	84 000
Total Current Assets	110 000	83 000	101 000	100 000
Total Assets	261 000	292 000	148 000	184 000
Total Retained Equity	−118 000	−51 000	−16 000	36 000
Total Equity	−18 000	49 000	84 000	136 000
Total Long-Term Debt	206 000	200 000	0	0
Total Current Debt	74 000	43 000	64 000	48 000
Total Equity and Debt	261 000	292 000	148 000	184 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	447 000	550 000	482 000	544 000
Other Income	0	0	0	0
Revenue	447 000	550 000	482 000	544 000
Cost of Goods Sold	121 000	232 000	170 000	197 000
Salary Costs	128 000	51 000	109 000	82 000
Depreciation	58 000	44 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	492 000	580 000	535 000	574 000
Operating Profit	−45 000	−30 000	−52 000	−31 000
Financial Income	0	5 000	0	0
Financial Costs	22 000	10 000	0	0
Financial Balance	−22 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	−67 000	−35 000	−52 000	−28 000

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	151 000	209 000	42 000	68 000
Total Tangible Assets	151 000	209 000	42 000	68 000
Total Fiancial Fixed Assets	0	0	5 000	17 000
Total Fixed Assets	151 000	209 000	46 000	84 000
Stock	45 000	40 000	38 000	31 000
Total Investments	0	0	0	0
Cash, Bank	11 000	34 000	52 000	30 000
Total Current Assets	110 000	83 000	101 000	100 000
Total Assets	261 000	292 000	148 000	184 000
Total Equity	−18 000	49 000	84 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	206 000	200 000	0	0
Creditors	13 000	16 000	0	11 000
Unpaid Taxes	35 000	16 000	39 000	33 000
Dividends	0	0	0	0
Other Current Debt	25 000	11 000	25 000	4 000
Total Current Debt	74 000	43 000	64 000	48 000
Total Equity and Debt	261 000	292 000	148 000	184 000

Financial indicators	2022	2021	2020	2019
Return on Equity	372,22 %	−71,43 %	−61,9 %	−20,59 %
Debt-to-Equity Ratio	−11,44	4,08	0	0
Operating Profit Margin	−10,07 %	−5,45 %	−10,79 %	−5,7 %
Current Ratio	1,49	1,93	1,58	2,08
Quick Ratio	3,79	27,67	3,88	5,88
Equity Ratio	−0,07	0,17	0,57	0,74
Gross Profit Margin	72,93 %	57,82 %	64,73 %	63,79 %