THORSTEIN KVALE AS

3534 SOKNA

Finances

Return on Equity

5,19 %

Current Ratio

32,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 000	87 000	8 584 000	72 000
Net Income	1 388 000	3 582 000	1 761 000	2 620 000
Total Assets	27 502 000	28 126 000	29 555 000	30 393 000
Total Equity	26 732 000	26 094 000	28 512 000	27 501 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 000	87 000	8 584 000	72 000
Expenditure	116 000	168 000	7 661 000	128 000
Operating Profit	−3 000	−81 000	922 000	−57 000
Financial Income	1 976 000	3 752 000	1 172 000	2 975 000
Financial Costs	580 000	89 000	149 000	299 000
Financial Balance	1 396 000	3 663 000	1 023 000	2 676 000
Earnings Before Tax	1 393 000	3 582 000	1 945 000	2 620 000
Tax	5 000	0	184 000	0
Net Income	1 388 000	3 582 000	1 761 000	2 620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 227 000	2 237 000	2 309 000	6 326 000
Total Current Assets	25 274 000	25 889 000	27 246 000	24 067 000
Total Assets	27 502 000	28 126 000	29 555 000	30 393 000
Total Retained Equity	26 331 000	25 693 000	28 110 000	27 099 000
Total Equity	26 732 000	26 094 000	28 512 000	27 501 000
Total Long-Term Debt	0	0	0	2 035 000
Total Current Debt	769 000	2 032 000	1 043 000	857 000
Total Equity and Debt	27 502 000	28 126 000	29 555 000	30 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	8 500 000	0
Other Income	112 000	87 000	84 000	72 000
Revenue	112 000	87 000	8 584 000	72 000
Cost of Goods Sold	0	22 000	7 560 000	0
Salary Costs	1 000	1 000	2 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	116 000	168 000	7 661 000	128 000
Operating Profit	−3 000	−81 000	922 000	−57 000
Financial Income	1 976 000	3 752 000	1 172 000	2 975 000
Financial Costs	580 000	89 000	149 000	299 000
Financial Balance	1 396 000	3 663 000	1 023 000	2 676 000
Dividends	750 000	6 000 000	750 000	750 000
Net Income	1 388 000	3 582 000	1 761 000	2 620 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 227 000	2 227 000	2 206 000	6 223 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 227 000	2 227 000	2 206 000	6 223 000
Total Fiancial Fixed Assets	0	10 000	103 000	103 000
Total Fixed Assets	2 227 000	2 237 000	2 309 000	6 326 000
Stock	0	0	0	0
Total Investments	24 905 000	19 572 000	24 987 000	21 202 000
Cash, Bank	359 000	6 220 000	2 256 000	2 227 000
Total Current Assets	25 274 000	25 889 000	27 246 000	24 067 000
Total Assets	27 502 000	28 126 000	29 555 000	30 393 000
Total Equity	26 732 000	26 094 000	28 512 000	27 501 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 035 000
Creditors	14 000	32 000	0	5 000
Unpaid Taxes	0	0	1 000	0
Dividends	750 000	6 000 000	750 000	750 000
Other Current Debt	0	0	109 000	102 000
Total Current Debt	769 000	2 032 000	1 043 000	857 000
Total Equity and Debt	27 502 000	28 126 000	29 555 000	30 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,19 %	13,73 %	6,18 %	9,53 %
Debt-to-Equity Ratio	0	0	0	0,07
Operating Profit Margin	−2,68 %	−93,1 %	10,74 %	−79,17 %
Current Ratio	32,87	12,74	26,12	28,08
Quick Ratio	32,87	12,74	26,12	28,08
Equity Ratio	0,97	0,93	0,96	0,9
Gross Profit Margin	100 %	74,71 %	11,93 %	100 %