THOR HALVORSEN HOLDING AS

1366 LYSAKER

Finances

Return on Equity

98,52 %

Current Ratio

1,42

Debt-to-Equity Ratio

−55,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	332 914 000	266 053 000	291 646 000	332 543 000
Net Income	−18 329 000	−26 030 000	−3 070 000	16 242 000
Total Assets	1 143 569 000	1 160 779 000	1 128 677 000	1 111 257 000
Total Equity	−18 605 000	3 867 000	33 440 000	43 264 000

Income (NOK)	2022	2021	2020	2019
Revenue	332 914 000	266 053 000	291 646 000	332 543 000
Expenditure	301 209 000	262 305 000	263 387 000	292 966 000
Operating Profit	31 704 000	3 747 000	28 260 000	39 577 000
Financial Income	161 000	7 340 000	9 186 000	1 980 000
Financial Costs	46 111 000	37 269 000	37 524 000	20 732 000
Financial Balance	−45 950 000	−29 929 000	−28 338 000	−18 752 000
Earnings Before Tax	−14 246 000	−26 182 000	−79 000	20 825 000
Tax	4 083 000	−152 000	2 992 000	4 583 000
Net Income	−18 329 000	−26 030 000	−3 070 000	16 242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	958 798 000	962 717 000	979 506 000	1 011 339 000
Total Current Assets	184 771 000	198 062 000	149 171 000	99 918 000
Total Assets	1 143 569 000	1 160 779 000	1 128 677 000	1 111 257 000
Total Retained Equity	−19 232 000	3 240 000	32 813 000	42 637 000
Total Equity	−18 605 000	3 867 000	33 440 000	43 264 000
Total Long-Term Debt	1 032 210 000	1 001 819 000	1 000 987 000	986 180 000
Total Current Debt	129 965 000	155 093 000	94 250 000	81 813 000
Total Equity and Debt	1 143 569 000	1 160 779 000	1 128 677 000	1 111 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	187 911 000	164 843 000	207 192 000	275 929 000
Other Income	145 003 000	101 210 000	84 454 000	56 614 000
Revenue	332 914 000	266 053 000	291 646 000	332 543 000
Cost of Goods Sold	36 118 000	28 892 000	35 394 000	47 802 000
Salary Costs	137 354 000	121 496 000	118 866 000	134 915 000
Depreciation	34 149 000	35 792 000	33 252 000	22 531 000
Impairment	0	0	0	0
Expenditure	301 209 000	262 305 000	263 387 000	292 966 000
Operating Profit	31 704 000	3 747 000	28 260 000	39 577 000
Financial Income	161 000	7 340 000	9 186 000	1 980 000
Financial Costs	46 111 000	37 269 000	37 524 000	20 732 000
Financial Balance	−45 950 000	−29 929 000	−28 338 000	−18 752 000
Dividends	0	0	0	0
Net Income	−18 329 000	−26 030 000	−3 070 000	16 242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	7 335 000	12 226 000	18 305 000	24 384 000
Total Intangible Assets	16 168 000	19 537 000	22 962 000	28 438 000
Real Eastate	858 224 000	873 990 000	888 298 000	915 638 000
Machinery and Plant Facilities	11 202 000	4 026 000	5 380 000	2 501 000
Fixtures	43 308 000	40 275 000	37 229 000	38 932 000
Total Tangible Assets	934 638 000	935 484 000	948 877 000	975 701 000
Total Fiancial Fixed Assets	7 992 000	7 697 000	7 667 000	7 201 000
Total Fixed Assets	958 798 000	962 717 000	979 506 000	1 011 339 000
Stock	10 241 000	10 040 000	9 762 000	8 626 000
Total Investments	33 857 000	55 279 000	47 609 000	9 830 000
Cash, Bank	41 616 000	29 207 000	37 965 000	26 819 000
Total Current Assets	184 771 000	198 062 000	149 171 000	99 918 000
Total Assets	1 143 569 000	1 160 779 000	1 128 677 000	1 111 257 000
Total Equity	−18 605 000	3 867 000	33 440 000	43 264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 032 210 000	1 001 819 000	1 000 987 000	986 180 000
Creditors	12 208 000	19 455 000	15 274 000	11 806 000
Unpaid Taxes	13 180 000	15 182 000	5 922 000	9 532 000
Dividends	0	0	0	0
Other Current Debt	104 413 000	120 455 000	73 054 000	58 978 000
Total Current Debt	129 965 000	155 093 000	94 250 000	81 813 000
Total Equity and Debt	1 143 569 000	1 160 779 000	1 128 677 000	1 111 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,52 %	−673,13 %	−9,18 %	37,54 %
Debt-to-Equity Ratio	−55,48	259,07	29,93	22,79
Operating Profit Margin	9,52 %	1,41 %	9,69 %	11,9 %
Current Ratio	1,42	1,28	1,58	1,22
Quick Ratio	1,54	1,37	1,77	1,37
Equity Ratio	−0,02	0	0,03	0,04
Gross Profit Margin	89,15 %	89,14 %	87,86 %	85,63 %