K.THORBERGSEN MEKANISKE AS

8294 HAMARØY

Finances

Return on Equity

0,5 %

Current Ratio

6,15

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 584 000	3 242 000	5 041 000	7 056 000
Net Income	32 000	137 000	102 000	1 028 000
Total Assets	8 657 000	11 764 000	12 363 000	13 119 000
Total Equity	6 383 000	6 351 000	7 215 000	7 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 584 000	3 242 000	5 041 000	7 056 000
Expenditure	2 324 000	2 995 000	4 209 000	5 594 000
Operating Profit	221 000	273 000	879 000	1 462 000
Financial Income	24 000	18 000	51 000	24 000
Financial Costs	168 000	114 000	674 000	150 000
Financial Balance	−144 000	−96 000	−623 000	−126 000
Earnings Before Tax	77 000	176 000	257 000	1 337 000
Tax	45 000	39 000	155 000	309 000
Net Income	32 000	137 000	102 000	1 028 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 642 000	5 961 000	6 462 000	7 356 000
Total Current Assets	3 014 000	5 803 000	5 901 000	5 763 000
Total Assets	8 657 000	11 764 000	12 363 000	13 119 000
Total Retained Equity	6 283 000	6 251 000	7 115 000	7 093 000
Total Equity	6 383 000	6 351 000	7 215 000	7 193 000
Total Long-Term Debt	1 783 000	3 380 000	3 625 000	3 870 000
Total Current Debt	490 000	2 033 000	1 523 000	2 056 000
Total Equity and Debt	8 657 000	11 764 000	12 363 000	13 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 580 000	3 092 000	4 897 000	6 507 000
Other Income	4 000	150 000	144 000	549 000
Revenue	2 584 000	3 242 000	5 041 000	7 056 000
Cost of Goods Sold	330 000	545 000	890 000	1 492 000
Salary Costs	1 393 000	1 543 000	2 224 000	2 901 000
Depreciation	323 000	354 000	433 000	401 000
Impairment	0	0	0	0
Expenditure	2 324 000	2 995 000	4 209 000	5 594 000
Operating Profit	221 000	273 000	879 000	1 462 000
Financial Income	24 000	18 000	51 000	24 000
Financial Costs	168 000	114 000	674 000	150 000
Financial Balance	−144 000	−96 000	−623 000	−126 000
Dividends	0	1 000 000	80 000	400 000
Net Income	32 000	137 000	102 000	1 028 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	222 000	218 000	161 000	115 000
Real Eastate	5 129 000	5 346 000	5 561 000	5 780 000
Machinery and Plant Facilities	116 000	201 000	543 000	407 000
Fixtures	144 000	166 000	166 000	369 000
Total Tangible Assets	5 389 000	5 712 000	6 270 000	6 556 000
Total Fiancial Fixed Assets	31 000	31 000	31 000	685 000
Total Fixed Assets	5 642 000	5 961 000	6 462 000	7 356 000
Stock	275 000	313 000	287 000	240 000
Total Investments	314 000	363 000	23 000	26 000
Cash, Bank	2 094 000	4 806 000	5 116 000	5 101 000
Total Current Assets	3 014 000	5 803 000	5 901 000	5 763 000
Total Assets	8 657 000	11 764 000	12 363 000	13 119 000
Total Equity	6 383 000	6 351 000	7 215 000	7 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 783 000	3 380 000	3 625 000	3 870 000
Creditors	59 000	175 000	259 000	91 000
Unpaid Taxes	195 000	182 000	231 000	392 000
Dividends	0	1 000 000	80 000	400 000
Other Current Debt	187 000	1 628 000	752 000	865 000
Total Current Debt	490 000	2 033 000	1 523 000	2 056 000
Total Equity and Debt	8 657 000	11 764 000	12 363 000	13 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,5 %	2,16 %	1,41 %	14,29 %
Debt-to-Equity Ratio	0,28	0,53	0,5	0,54
Operating Profit Margin	8,55 %	8,42 %	17,44 %	20,72 %
Current Ratio	6,15	2,85	3,87	2,8
Quick Ratio	14,02	3,37	4,77	3,17
Equity Ratio	0,74	0,54	0,58	0,55
Gross Profit Margin	87,23 %	83,19 %	82,34 %	78,85 %