THORVALDSEN ENTREPRENØR AS

1351 RUD

Finances

Share Ownership

Return on Equity

20,25 %

Current Ratio

3,48

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 059 000	18 506 000	13 932 000	13 683 000
Net Income	1 043 000	1 181 000	520 000	470 000
Total Assets	7 972 000	6 847 000	5 566 000	3 797 000
Total Equity	5 150 000	4 107 000	2 926 000	1 681 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 059 000	18 506 000	13 932 000	13 683 000
Expenditure	21 629 000	16 936 000	13 261 000	13 049 000
Operating Profit	1 429 000	1 569 000	671 000	635 000
Financial Income	0	4 000	2 000	6 000
Financial Costs	21 000	2 000	0	6 000
Financial Balance	−21 000	2 000	2 000	0
Earnings Before Tax	1 409 000	1 571 000	673 000	634 000
Tax	366 000	390 000	153 000	164 000
Net Income	1 043 000	1 181 000	520 000	470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	488 000	936 000	587 000	708 000
Total Current Assets	7 484 000	5 911 000	4 979 000	3 088 000
Total Assets	7 972 000	6 847 000	5 566 000	3 797 000
Total Retained Equity	3 790 000	2 747 000	1 566 000	1 046 000
Total Equity	5 150 000	4 107 000	2 926 000	1 681 000
Total Long-Term Debt	669 000	111 000	1 716 000	0
Total Current Debt	2 153 000	2 629 000	924 000	2 116 000
Total Equity and Debt	7 972 000	6 847 000	5 566 000	3 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 059 000	18 436 000	13 932 000	13 683 000
Other Income	0	70 000	0	0
Revenue	23 059 000	18 506 000	13 932 000	13 683 000
Cost of Goods Sold	18 875 000	14 388 000	10 946 000	10 912 000
Salary Costs	1 734 000	1 454 000	1 335 000	1 231 000
Depreciation	198 000	131 000	106 000	106 000
Impairment	0	0	0	0
Expenditure	21 629 000	16 936 000	13 261 000	13 049 000
Operating Profit	1 429 000	1 569 000	671 000	635 000
Financial Income	0	4 000	2 000	6 000
Financial Costs	21 000	2 000	0	6 000
Financial Balance	−21 000	2 000	2 000	0
Dividends	0	0	0	0
Net Income	1 043 000	1 181 000	520 000	470 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	488 000	936 000	587 000	693 000
Total Tangible Assets	488 000	936 000	587 000	693 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	488 000	936 000	587 000	708 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 373 000	1 598 000	848 000	911 000
Total Current Assets	7 484 000	5 911 000	4 979 000	3 088 000
Total Assets	7 972 000	6 847 000	5 566 000	3 797 000
Total Equity	5 150 000	4 107 000	2 926 000	1 681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	669 000	111 000	1 716 000	0
Creditors	1 341 000	1 225 000	595 000	334 000
Unpaid Taxes	618 000	664 000	214 000	415 000
Dividends	0	0	0	0
Other Current Debt	194 000	119 000	114 000	1 367 000
Total Current Debt	2 153 000	2 629 000	924 000	2 116 000
Total Equity and Debt	7 972 000	6 847 000	5 566 000	3 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,25 %	28,76 %	17,77 %	27,96 %
Debt-to-Equity Ratio	0,13	0,03	0,59	0
Operating Profit Margin	6,2 %	8,48 %	4,82 %	4,64 %
Current Ratio	3,48	2,25	5,39	1,46
Quick Ratio	3,48	2,25	5,39	1,46
Equity Ratio	0,65	0,6	0,53	0,44
Gross Profit Margin	18,14 %	22,25 %	21,43 %	20,25 %