THERMOPLAN AS

6012 ÅLESUND

Finances

Share Ownership

Return on Equity

34,84 %

Current Ratio

4,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 987 000	1 964 000	2 243 000	1 714 000
Net Income	603 000	592 000	700 000	487 000
Total Assets	2 174 000	2 385 000	2 274 000	1 625 000
Total Equity	1 731 000	1 128 000	1 336 000	936 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 987 000	1 964 000	2 243 000	1 714 000
Expenditure	1 226 000	1 210 000	1 353 000	1 139 000
Operating Profit	760 000	754 000	890 000	576 000
Financial Income	14 000	5 000	8 000	36 000
Financial Costs	0	0	0	12 000
Financial Balance	14 000	5 000	8 000	24 000
Earnings Before Tax	774 000	759 000	898 000	600 000
Tax	171 000	167 000	198 000	113 000
Net Income	603 000	592 000	700 000	487 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	10 000	15 000
Total Current Assets	2 174 000	2 385 000	2 265 000	1 610 000
Total Assets	2 174 000	2 385 000	2 274 000	1 625 000
Total Retained Equity	1 631 000	1 028 000	1 236 000	836 000
Total Equity	1 731 000	1 128 000	1 336 000	936 000
Total Long-Term Debt	0	0	2 000	0
Total Current Debt	443 000	1 257 000	936 000	689 000
Total Equity and Debt	2 174 000	2 385 000	2 274 000	1 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 987 000	1 964 000	2 243 000	1 714 000
Other Income	0	0	0	0
Revenue	1 987 000	1 964 000	2 243 000	1 714 000
Cost of Goods Sold	1 000	0	140 000	0
Salary Costs	1 090 000	1 084 000	1 063 000	987 000
Depreciation	0	10 000	5 000	10 000
Impairment	0	0	0	0
Expenditure	1 226 000	1 210 000	1 353 000	1 139 000
Operating Profit	760 000	754 000	890 000	576 000
Financial Income	14 000	5 000	8 000	36 000
Financial Costs	0	0	0	12 000
Financial Balance	14 000	5 000	8 000	24 000
Dividends	0	0	300 000	300 000
Net Income	603 000	592 000	700 000	487 000

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	10 000	15 000
Total Tangible Assets	0	0	10 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	10 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 960 000	2 187 000	1 885 000	1 355 000
Total Current Assets	2 174 000	2 385 000	2 265 000	1 610 000
Total Assets	2 174 000	2 385 000	2 274 000	1 625 000
Total Equity	1 731 000	1 128 000	1 336 000	936 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	0
Creditors	4 000	21 000	138 000	0
Unpaid Taxes	157 000	157 000	196 000	146 000
Dividends	0	0	300 000	300 000
Other Current Debt	111 000	910 000	107 000	128 000
Total Current Debt	443 000	1 257 000	936 000	689 000
Total Equity and Debt	2 174 000	2 385 000	2 274 000	1 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,84 %	52,48 %	52,4 %	52,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,25 %	38,39 %	39,68 %	33,61 %
Current Ratio	4,91	1,9	2,42	2,34
Quick Ratio	4,91	1,9	2,42	2,34
Equity Ratio	0,8	0,47	0,59	0,58
Gross Profit Margin	99,95 %	100 %	93,76 %	100 %