THORWIIK AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

237,06 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 997 000	25 512 000	21 187 000	21 890 000
Net Income	2 648 000	2 412 000	2 033 000	1 296 000
Total Assets	7 576 000	6 158 000	6 319 000	5 186 000
Total Equity	1 117 000	669 000	1 857 000	1 324 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 997 000	25 512 000	21 187 000	21 890 000
Expenditure	25 602 000	22 414 000	18 582 000	20 221 000
Operating Profit	3 395 000	3 098 000	2 605 000	1 670 000
Financial Income	1 000	1 000	6 000	3 000
Financial Costs	1 000	3 000	1 000	2 000
Financial Balance	0	−2 000	5 000	1 000
Earnings Before Tax	3 395 000	3 096 000	2 609 000	1 670 000
Tax	748 000	684 000	576 000	375 000
Net Income	2 648 000	2 412 000	2 033 000	1 296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	632 000	1 013 000	1 485 000	1 901 000
Total Current Assets	6 943 000	5 144 000	4 834 000	3 285 000
Total Assets	7 576 000	6 158 000	6 319 000	5 186 000
Total Retained Equity	1 017 000	569 000	1 757 000	1 224 000
Total Equity	1 117 000	669 000	1 857 000	1 324 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 459 000	5 488 000	4 462 000	3 863 000
Total Equity and Debt	7 576 000	6 158 000	6 319 000	5 186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 997 000	25 290 000	21 187 000	21 890 000
Other Income	0	222 000	0	0
Revenue	28 997 000	25 512 000	21 187 000	21 890 000
Cost of Goods Sold	9 050 000	7 974 000	6 292 000	6 718 000
Salary Costs	7 137 000	6 200 000	5 134 000	6 296 000
Depreciation	380 000	462 000	540 000	333 000
Impairment	0	0	0	0
Expenditure	25 602 000	22 414 000	18 582 000	20 221 000
Operating Profit	3 395 000	3 098 000	2 605 000	1 670 000
Financial Income	1 000	1 000	6 000	3 000
Financial Costs	1 000	3 000	1 000	2 000
Financial Balance	0	−2 000	5 000	1 000
Dividends	2 200 000	1 900 000	1 500 000	1 000 000
Net Income	2 648 000	2 412 000	2 033 000	1 296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	66 000	75 000	71 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	568 000	947 000	1 410 000	1 830 000
Total Tangible Assets	568 000	947 000	1 410 000	1 830 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	632 000	1 013 000	1 485 000	1 901 000
Stock	323 000	319 000	308 000	302 000
Total Investments	0	0	0	0
Cash, Bank	6 541 000	4 380 000	4 397 000	2 782 000
Total Current Assets	6 943 000	5 144 000	4 834 000	3 285 000
Total Assets	7 576 000	6 158 000	6 319 000	5 186 000
Total Equity	1 117 000	669 000	1 857 000	1 324 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 532 000	1 482 000	1 192 000	1 157 000
Unpaid Taxes	825 000	700 000	678 000	657 000
Dividends	2 200 000	1 900 000	1 500 000	1 000 000
Other Current Debt	3 356 000	2 631 000	2 011 000	1 670 000
Total Current Debt	6 459 000	5 488 000	4 462 000	3 863 000
Total Equity and Debt	7 576 000	6 158 000	6 319 000	5 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	237,06 %	360,54 %	109,48 %	97,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,71 %	12,14 %	12,3 %	7,63 %
Current Ratio	1,07	0,94	1,08	0,85
Quick Ratio	1,13	1	1,16	0,92
Equity Ratio	0,15	0,11	0,29	0,26
Gross Profit Margin	68,79 %	68,74 %	70,3 %	69,31 %