THORE WILHELMSEN AS

0275 OSLO

Finances

Share Ownership

Return on Equity

24 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 061 000	2 653 000	3 053 000	3 205 000
Net Income	343 000	238 000	326 000	502 000
Total Assets	2 330 000	2 259 000	2 415 000	2 104 000
Total Equity	1 429 000	1 586 000	1 347 000	1 021 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 061 000	2 653 000	3 053 000	3 205 000
Expenditure	2 624 000	2 351 000	2 635 000	2 577 000
Operating Profit	437 000	302 000	419 000	627 000
Financial Income	3 000	0	0	0
Financial Costs	0	1 000	3 000	3 000
Financial Balance	3 000	−1 000	−3 000	−3 000
Earnings Before Tax	440 000	301 000	416 000	624 000
Tax	97 000	63 000	89 000	122 000
Net Income	343 000	238 000	326 000	502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 330 000	2 259 000	2 415 000	2 104 000
Total Assets	2 330 000	2 259 000	2 415 000	2 104 000
Total Retained Equity	1 329 000	1 486 000	1 247 000	921 000
Total Equity	1 429 000	1 586 000	1 347 000	1 021 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	901 000	673 000	1 068 000	1 083 000
Total Equity and Debt	2 330 000	2 259 000	2 415 000	2 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 061 000	2 653 000	3 053 000	3 205 000
Other Income	0	0	0	0
Revenue	3 061 000	2 653 000	3 053 000	3 205 000
Cost of Goods Sold	0	0	0	0
Salary Costs	592 000	446 000	251 000	271 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 624 000	2 351 000	2 635 000	2 577 000
Operating Profit	437 000	302 000	419 000	627 000
Financial Income	3 000	0	0	0
Financial Costs	0	1 000	3 000	3 000
Financial Balance	3 000	−1 000	−3 000	−3 000
Dividends	0	0	0	0
Net Income	343 000	238 000	326 000	502 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 179 000	1 219 000	1 463 000	456 000
Total Current Assets	2 330 000	2 259 000	2 415 000	2 104 000
Total Assets	2 330 000	2 259 000	2 415 000	2 104 000
Total Equity	1 429 000	1 586 000	1 347 000	1 021 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	71 000	459 000	522 000	660 000
Unpaid Taxes	141 000	71 000	367 000	211 000
Dividends	0	0	0	0
Other Current Debt	92 000	81 000	91 000	90 000
Total Current Debt	901 000	673 000	1 068 000	1 083 000
Total Equity and Debt	2 330 000	2 259 000	2 415 000	2 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24 %	15,01 %	24,2 %	49,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,28 %	11,38 %	13,72 %	19,56 %
Current Ratio	2,59	3,36	2,26	1,94
Quick Ratio	2,59	3,36	2,26	1,94
Equity Ratio	0,61	0,7	0,56	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %