THOR GUNDERSEN AS

2317 HAMAR

Finances

Return on Equity

22,48 %

Current Ratio

2,79

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 625 000	10 100 000	9 595 000	7 707 000
Net Income	1 607 000	1 301 000	723 000	577 000
Total Assets	10 097 000	8 510 000	5 978 000	4 920 000
Total Equity	7 150 000	5 543 000	4 242 000	3 519 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 625 000	10 100 000	9 595 000	7 707 000
Expenditure	10 532 000	8 409 000	8 637 000	6 992 000
Operating Profit	2 094 000	1 691 000	958 000	715 000
Financial Income	28 000	12 000	12 000	34 000
Financial Costs	61 000	32 000	30 000	8 000
Financial Balance	−33 000	−20 000	−18 000	26 000
Earnings Before Tax	2 061 000	1 671 000	940 000	741 000
Tax	453 000	370 000	217 000	164 000
Net Income	1 607 000	1 301 000	723 000	577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 871 000	3 373 000	1 030 000	1 343 000
Total Current Assets	4 226 000	5 137 000	4 948 000	3 578 000
Total Assets	10 097 000	8 510 000	5 978 000	4 920 000
Total Retained Equity	7 046 000	5 439 000	4 138 000	3 415 000
Total Equity	7 150 000	5 543 000	4 242 000	3 519 000
Total Long-Term Debt	1 431 000	1 564 000	107 000	68 000
Total Current Debt	1 516 000	1 403 000	1 630 000	1 333 000
Total Equity and Debt	10 097 000	8 510 000	5 978 000	4 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 615 000	9 201 000	8 943 000	7 692 000
Other Income	10 000	899 000	652 000	15 000
Revenue	12 625 000	10 100 000	9 595 000	7 707 000
Cost of Goods Sold	1 647 000	1 446 000	133 000	0
Salary Costs	4 016 000	3 034 000	3 380 000	3 094 000
Depreciation	217 000	120 000	30 000	75 000
Impairment	0	0	0	0
Expenditure	10 532 000	8 409 000	8 637 000	6 992 000
Operating Profit	2 094 000	1 691 000	958 000	715 000
Financial Income	28 000	12 000	12 000	34 000
Financial Costs	61 000	32 000	30 000	8 000
Financial Balance	−33 000	−20 000	−18 000	26 000
Dividends	0	0	0	0
Net Income	1 607 000	1 301 000	723 000	577 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 989 000	1 996 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	466 000	544 000	116 000	203 000
Total Tangible Assets	2 455 000	2 540 000	116 000	203 000
Total Fiancial Fixed Assets	3 416 000	833 000	914 000	1 139 000
Total Fixed Assets	5 871 000	3 373 000	1 030 000	1 343 000
Stock	78 000	116 000	0	0
Total Investments	20 000	20 000	20 000	45 000
Cash, Bank	3 937 000	4 189 000	4 110 000	2 548 000
Total Current Assets	4 226 000	5 137 000	4 948 000	3 578 000
Total Assets	10 097 000	8 510 000	5 978 000	4 920 000
Total Equity	7 150 000	5 543 000	4 242 000	3 519 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 431 000	1 564 000	107 000	68 000
Creditors	380 000	463 000	464 000	364 000
Unpaid Taxes	270 000	441 000	571 000	351 000
Dividends	0	0	0	0
Other Current Debt	345 000	314 000	416 000	430 000
Total Current Debt	1 516 000	1 403 000	1 630 000	1 333 000
Total Equity and Debt	10 097 000	8 510 000	5 978 000	4 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,48 %	23,47 %	17,04 %	16,4 %
Debt-to-Equity Ratio	0,2	0,28	0,03	0,02
Operating Profit Margin	16,59 %	16,74 %	9,98 %	9,28 %
Current Ratio	2,79	3,66	3,04	2,68
Quick Ratio	2,94	3,99	3,04	2,68
Equity Ratio	0,71	0,65	0,71	0,72
Gross Profit Margin	86,95 %	85,68 %	98,61 %	100 %