BARE THORESEN AS

1784 HALDEN

Finances

Share Ownership

Return on Equity

10,6 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	402 000	287 000	307 000	720 000
Net Income	105 000	−19 000	185 000	203 000
Total Assets	1 536 000	2 143 000	1 547 000	854 000
Total Equity	991 000	886 000	905 000	720 000

Income (NOK)	2022	2021	2020	2019
Revenue	402 000	287 000	307 000	720 000
Expenditure	284 000	669 000	667 000	511 000
Operating Profit	118 000	−382 000	−360 000	209 000
Financial Income	0	363 000	546 000	0
Financial Costs	13 000	1 000	0	6 000
Financial Balance	−13 000	362 000	546 000	−6 000
Earnings Before Tax	105 000	−19 000	185 000	203 000
Tax	0	0	0	0
Net Income	105 000	−19 000	185 000	203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	412 000	492 000	452 000	412 000
Total Current Assets	1 124 000	1 651 000	1 095 000	442 000
Total Assets	1 536 000	2 143 000	1 547 000	854 000
Total Retained Equity	891 000	786 000	805 000	620 000
Total Equity	991 000	886 000	905 000	720 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	546 000	1 257 000	642 000	134 000
Total Equity and Debt	1 536 000	2 143 000	1 547 000	854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	167 000	259 000	307 000	720 000
Other Income	235 000	28 000	0	0
Revenue	402 000	287 000	307 000	720 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	323 000	323 000	224 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	284 000	669 000	667 000	511 000
Operating Profit	118 000	−382 000	−360 000	209 000
Financial Income	0	363 000	546 000	0
Financial Costs	13 000	1 000	0	6 000
Financial Balance	−13 000	362 000	546 000	−6 000
Dividends	0	0	0	0
Net Income	105 000	−19 000	185 000	203 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	412 000	492 000	452 000	412 000
Total Fixed Assets	412 000	492 000	452 000	412 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	721 000	1 389 000	909 000	262 000
Total Current Assets	1 124 000	1 651 000	1 095 000	442 000
Total Assets	1 536 000	2 143 000	1 547 000	854 000
Total Equity	991 000	886 000	905 000	720 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	18 000	192 000	40 000	9 000
Dividends	0	0	0	0
Other Current Debt	527 000	1 064 000	601 000	125 000
Total Current Debt	546 000	1 257 000	642 000	134 000
Total Equity and Debt	1 536 000	2 143 000	1 547 000	854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,6 %	−2,14 %	20,44 %	28,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,35 %	−133,1 %	−117,26 %	29,03 %
Current Ratio	2,06	1,31	1,71	3,3
Quick Ratio	2,06	1,31	1,71	3,3
Equity Ratio	0,65	0,41	0,59	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %