THOMASSEN1960 AS

4700 VENNESLA

Finances

Return on Equity

21,6 %

Current Ratio

2,22

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 746 000	10 902 000	9 585 000	9 595 000
Net Income	316 000	690 000	1 176 000	−598 000
Total Assets	5 252 000	5 224 000	4 707 000	3 765 000
Total Equity	1 463 000	1 696 000	1 307 000	331 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 746 000	10 902 000	9 585 000	9 595 000
Expenditure	12 379 000	9 893 000	8 573 000	9 777 000
Operating Profit	366 000	1 009 000	1 012 000	−181 000
Financial Income	227 000	2 000	398 000	82 000
Financial Costs	234 000	125 000	119 000	499 000
Financial Balance	−7 000	−123 000	279 000	−417 000
Earnings Before Tax	359 000	886 000	1 292 000	−598 000
Tax	43 000	196 000	116 000	0
Net Income	316 000	690 000	1 176 000	−598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	533 000	443 000	441 000	759 000
Total Current Assets	4 719 000	4 781 000	4 266 000	3 007 000
Total Assets	5 252 000	5 224 000	4 707 000	3 765 000
Total Retained Equity	1 363 000	1 596 000	1 207 000	231 000
Total Equity	1 463 000	1 696 000	1 307 000	331 000
Total Long-Term Debt	1 665 000	1 711 000	1 800 000	1 800 000
Total Current Debt	2 124 000	1 816 000	1 600 000	1 635 000
Total Equity and Debt	5 252 000	5 224 000	4 707 000	3 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 746 000	10 902 000	9 585 000	9 595 000
Other Income	0	0	0	0
Revenue	12 746 000	10 902 000	9 585 000	9 595 000
Cost of Goods Sold	7 186 000	5 766 000	5 188 000	5 576 000
Salary Costs	2 680 000	2 349 000	1 974 000	2 845 000
Depreciation	86 000	52 000	28 000	18 000
Impairment	0	0	0	0
Expenditure	12 379 000	9 893 000	8 573 000	9 777 000
Operating Profit	366 000	1 009 000	1 012 000	−181 000
Financial Income	227 000	2 000	398 000	82 000
Financial Costs	234 000	125 000	119 000	499 000
Financial Balance	−7 000	−123 000	279 000	−417 000
Dividends	0	0	200 000	0
Net Income	316 000	690 000	1 176 000	−598 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	108 000	0	0	0
Total Intangible Assets	108 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	115 000	133 000	131 000	124 000
Total Tangible Assets	115 000	133 000	131 000	124 000
Total Fiancial Fixed Assets	310 000	310 000	310 000	635 000
Total Fixed Assets	533 000	443 000	441 000	759 000
Stock	3 505 000	2 863 000	2 180 000	2 159 000
Total Investments	0	0	0	0
Cash, Bank	914 000	1 681 000	2 037 000	767 000
Total Current Assets	4 719 000	4 781 000	4 266 000	3 007 000
Total Assets	5 252 000	5 224 000	4 707 000	3 765 000
Total Equity	1 463 000	1 696 000	1 307 000	331 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 665 000	1 711 000	1 800 000	1 800 000
Creditors	617 000	330 000	371 000	389 000
Unpaid Taxes	565 000	585 000	491 000	524 000
Dividends	0	0	200 000	0
Other Current Debt	598 000	706 000	423 000	722 000
Total Current Debt	2 124 000	1 816 000	1 600 000	1 635 000
Total Equity and Debt	5 252 000	5 224 000	4 707 000	3 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,6 %	40,68 %	89,98 %	−180,66 %
Debt-to-Equity Ratio	1,14	1,01	1,38	5,44
Operating Profit Margin	2,87 %	9,26 %	10,56 %	−1,89 %
Current Ratio	2,22	2,63	2,67	1,84
Quick Ratio	−3,42	−4,57	−7,36	−5,74
Equity Ratio	0,28	0,32	0,28	0,09
Gross Profit Margin	43,62 %	47,11 %	45,87 %	41,89 %