THORBJØRN LUND AS

1892 DEGERNES

Finances

Return on Equity

21,96 %

Current Ratio

4,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 014 000	3 686 000	4 302 000	3 238 000
Net Income	2 289 000	665 000	1 383 000	558 000
Total Assets	12 606 000	9 677 000	8 032 000	6 667 000
Total Equity	10 425 000	8 136 000	7 471 000	6 088 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 014 000	3 686 000	4 302 000	3 238 000
Expenditure	3 113 000	2 839 000	2 561 000	2 517 000
Operating Profit	2 901 000	847 000	1 742 000	720 000
Financial Income	37 000	5 000	31 000	2 000
Financial Costs	3 000	0	1 000	1 000
Financial Balance	34 000	5 000	30 000	1 000
Earnings Before Tax	2 935 000	852 000	1 773 000	722 000
Tax	646 000	187 000	390 000	164 000
Net Income	2 289 000	665 000	1 383 000	558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 490 000	2 584 000	2 668 000	1 449 000
Total Current Assets	10 116 000	7 093 000	5 364 000	5 218 000
Total Assets	12 606 000	9 677 000	8 032 000	6 667 000
Total Retained Equity	10 324 000	8 035 000	7 370 000	5 987 000
Total Equity	10 425 000	8 136 000	7 471 000	6 088 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 181 000	1 542 000	561 000	579 000
Total Equity and Debt	12 606 000	9 677 000	8 032 000	6 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 972 000	2 057 000	4 302 000	3 174 000
Other Income	2 042 000	1 628 000	0	64 000
Revenue	6 014 000	3 686 000	4 302 000	3 238 000
Cost of Goods Sold	1 867 000	1 424 000	757 000	981 000
Salary Costs	651 000	670 000	693 000	893 000
Depreciation	88 000	225 000	198 000	280 000
Impairment	0	0	0	0
Expenditure	3 113 000	2 839 000	2 561 000	2 517 000
Operating Profit	2 901 000	847 000	1 742 000	720 000
Financial Income	37 000	5 000	31 000	2 000
Financial Costs	3 000	0	1 000	1 000
Financial Balance	34 000	5 000	30 000	1 000
Dividends	0	0	0	0
Net Income	2 289 000	665 000	1 383 000	558 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	323 000	344 000	328 000	332 000
Real Eastate	1 381 000	1 430 000	1 498 000	260 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	109 000	141 000	175 000
Total Tangible Assets	1 451 000	1 539 000	1 639 000	435 000
Total Fiancial Fixed Assets	717 000	701 000	701 000	682 000
Total Fixed Assets	2 490 000	2 584 000	2 668 000	1 449 000
Stock	549 000	1 094 000	1 074 000	275 000
Total Investments	0	0	0	0
Cash, Bank	2 245 000	3 746 000	570 000	3 443 000
Total Current Assets	10 116 000	7 093 000	5 364 000	5 218 000
Total Assets	12 606 000	9 677 000	8 032 000	6 667 000
Total Equity	10 425 000	8 136 000	7 471 000	6 088 000
Short-Term Group Debt	44 000	24 000	24 000	0
Total Long-Term Debt	0	0	0	0
Creditors	496 000	31 000	7 000	58 000
Unpaid Taxes	528 000	784 000	92 000	259 000
Dividends	0	0	0	0
Other Current Debt	493 000	500 000	56 000	71 000
Total Current Debt	2 181 000	1 542 000	561 000	579 000
Total Equity and Debt	12 606 000	9 677 000	8 032 000	6 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,96 %	8,17 %	18,51 %	9,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	48,24 %	22,98 %	40,49 %	22,24 %
Current Ratio	4,64	4,6	9,56	9,01
Quick Ratio	6,2	15,83	−10,46	17,16
Equity Ratio	0,83	0,84	0,93	0,91
Gross Profit Margin	68,96 %	61,37 %	82,4 %	69,7 %