THORSTEINSEN HOLDING AS

5238 RÅDAL

Finances

Return on Equity

38,26 %

Current Ratio

278,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 948 000	887 000	976 000	725 000
Net Income	18 517 000	3 890 000	4 845 000	2 303 000
Total Assets	48 521 000	32 549 000	29 261 000	24 421 000
Total Equity	48 398 000	29 981 000	29 091 000	24 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 948 000	887 000	976 000	725 000
Expenditure	7 620 000	375 000	398 000	266 000
Operating Profit	329 000	512 000	578 000	460 000
Financial Income	19 918 000	4 358 000	4 430 000	1 975 000
Financial Costs	1 579 000	806 000	1 000	1 000
Financial Balance	18 339 000	3 552 000	4 429 000	1 974 000
Earnings Before Tax	18 668 000	4 064 000	5 008 000	2 434 000
Tax	151 000	174 000	163 000	131 000
Net Income	18 517 000	3 890 000	4 845 000	2 303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 268 000	18 875 000	11 880 000	11 755 000
Total Current Assets	34 253 000	13 674 000	17 381 000	12 665 000
Total Assets	48 521 000	32 549 000	29 261 000	24 421 000
Total Retained Equity	48 298 000	29 881 000	28 991 000	24 146 000
Total Equity	48 398 000	29 981 000	29 091 000	24 246 000
Total Long-Term Debt	0	0	0	50 000
Total Current Debt	123 000	2 567 000	170 000	125 000
Total Equity and Debt	48 521 000	32 549 000	29 261 000	24 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 800 000	887 000	887 000	715 000
Other Income	148 000	0	88 000	10 000
Revenue	7 948 000	887 000	976 000	725 000
Cost of Goods Sold	7 410 000	0	0	0
Salary Costs	0	0	0	2 000
Depreciation	74 000	293 000	323 000	195 000
Impairment	0	0	0	0
Expenditure	7 620 000	375 000	398 000	266 000
Operating Profit	329 000	512 000	578 000	460 000
Financial Income	19 918 000	4 358 000	4 430 000	1 975 000
Financial Costs	1 579 000	806 000	1 000	1 000
Financial Balance	18 339 000	3 552 000	4 429 000	1 974 000
Dividends	100 000	3 000 000	0	0
Net Income	18 517 000	3 890 000	4 845 000	2 303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	77 000	34 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	91 000	201 000
Fixtures	0	487 000	689 000	954 000
Total Tangible Assets	0	487 000	780 000	1 155 000
Total Fiancial Fixed Assets	14 220 000	18 312 000	11 066 000	10 526 000
Total Fixed Assets	14 268 000	18 875 000	11 880 000	11 755 000
Stock	0	0	0	0
Total Investments	32 636 000	12 284 000	11 952 000	11 166 000
Cash, Bank	1 226 000	1 389 000	1 653 000	1 465 000
Total Current Assets	34 253 000	13 674 000	17 381 000	12 665 000
Total Assets	48 521 000	32 549 000	29 261 000	24 421 000
Total Equity	48 398 000	29 981 000	29 091 000	24 246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	50 000
Creditors	0	0	0	1 000
Unpaid Taxes	0	27 000	26 000	20 000
Dividends	100 000	3 000 000	0	0
Other Current Debt	1 000	2 324 000	22 000	23 000
Total Current Debt	123 000	2 567 000	170 000	125 000
Total Equity and Debt	48 521 000	32 549 000	29 261 000	24 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,26 %	12,97 %	16,65 %	9,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,14 %	57,72 %	59,22 %	63,45 %
Current Ratio	278,48	5,33	102,24	101,32
Quick Ratio	278,48	5,33	102,24	101,32
Equity Ratio	1	0,92	0,99	0,99
Gross Profit Margin	6,77 %	100 %	100 %	100 %