SIVILØKONOM THORMODSÆTER AS

4270 ÅKREHAMN

Finances

Share Ownership

Return on Equity

46 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 676 000	4 644 000	4 051 000	4 537 000
Net Income	494 000	398 000	462 000	605 000
Total Assets	2 063 000	1 567 000	1 790 000	1 868 000
Total Equity	1 074 000	650 000	951 000	489 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 676 000	4 644 000	4 051 000	4 537 000
Expenditure	4 043 000	4 135 000	3 461 000	3 763 000
Operating Profit	633 000	510 000	591 000	775 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	2 000	2 000
Earnings Before Tax	634 000	510 000	592 000	776 000
Tax	139 000	112 000	130 000	171 000
Net Income	494 000	398 000	462 000	605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	28 000	1 000	3 000
Total Current Assets	2 045 000	1 539 000	1 789 000	1 865 000
Total Assets	2 063 000	1 567 000	1 790 000	1 868 000
Total Retained Equity	1 043 000	550 000	851 000	389 000
Total Equity	1 074 000	650 000	951 000	489 000
Total Long-Term Debt	4 000	4 000	0	0
Total Current Debt	985 000	914 000	839 000	1 378 000
Total Equity and Debt	2 063 000	1 567 000	1 790 000	1 868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 676 000	4 650 000	4 035 000	4 537 000
Other Income	0	−6 000	16 000	0
Revenue	4 676 000	4 644 000	4 051 000	4 537 000
Cost of Goods Sold	115 000	128 000	66 000	54 000
Salary Costs	3 207 000	3 331 000	2 778 000	3 030 000
Depreciation	10 000	3 000	0	14 000
Impairment	0	0	0	0
Expenditure	4 043 000	4 135 000	3 461 000	3 763 000
Operating Profit	633 000	510 000	591 000	775 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	2 000	2 000
Dividends	0	700 000	0	350 000
Net Income	494 000	398 000	462 000	605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	28 000	0	0
Total Tangible Assets	18 000	28 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	28 000	1 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 422 000	708 000	999 000	690 000
Total Current Assets	2 045 000	1 539 000	1 789 000	1 865 000
Total Assets	2 063 000	1 567 000	1 790 000	1 868 000
Total Equity	1 074 000	650 000	951 000	489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	4 000	0	0
Creditors	25 000	19 000	26 000	56 000
Unpaid Taxes	500 000	470 000	401 000	496 000
Dividends	0	700 000	0	350 000
Other Current Debt	320 000	318 000	282 000	303 000
Total Current Debt	985 000	914 000	839 000	1 378 000
Total Equity and Debt	2 063 000	1 567 000	1 790 000	1 868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46 %	61,23 %	48,58 %	123,72 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	13,54 %	10,98 %	14,59 %	17,08 %
Current Ratio	2,08	1,68	2,13	1,35
Quick Ratio	2,08	1,68	2,13	1,35
Equity Ratio	0,52	0,41	0,53	0,26
Gross Profit Margin	97,54 %	97,24 %	98,37 %	98,81 %