THIN AS

4440 TONSTAD

Finances

Share Ownership

Return on Equity

22,11 %

Current Ratio

0,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 592 000	2 413 000	2 041 000	2 825 000
Net Income	254 000	326 000	−127 000	308 000
Total Assets	1 583 000	1 805 000	1 937 000	1 818 000
Total Equity	1 149 000	895 000	569 000	696 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 592 000	2 413 000	2 041 000	2 825 000
Expenditure	2 260 000	2 026 000	2 139 000	2 438 000
Operating Profit	333 000	387 000	−99 000	388 000
Financial Income	0	0	0	1 000
Financial Costs	7 000	27 000	28 000	24 000
Financial Balance	−7 000	−27 000	−28 000	−23 000
Earnings Before Tax	326 000	360 000	−127 000	365 000
Tax	72 000	34 000	0	56 000
Net Income	254 000	326 000	−127 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 305 000	1 735 000	1 795 000	1 628 000
Total Current Assets	279 000	70 000	141 000	189 000
Total Assets	1 583 000	1 805 000	1 937 000	1 818 000
Total Retained Equity	549 000	295 000	−31 000	96 000
Total Equity	1 149 000	895 000	569 000	696 000
Total Long-Term Debt	0	269 000	400 000	0
Total Current Debt	434 000	641 000	967 000	1 121 000
Total Equity and Debt	1 583 000	1 805 000	1 937 000	1 818 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 592 000	2 412 000	2 041 000	2 824 000
Other Income	0	1 000	0	1 000
Revenue	2 592 000	2 413 000	2 041 000	2 825 000
Cost of Goods Sold	169 000	190 000	215 000	197 000
Salary Costs	1 272 000	1 036 000	1 193 000	1 326 000
Depreciation	417 000	218 000	35 000	44 000
Impairment	0	100 000	190 000	223 000
Expenditure	2 260 000	2 026 000	2 139 000	2 438 000
Operating Profit	333 000	387 000	−99 000	388 000
Financial Income	0	0	0	1 000
Financial Costs	7 000	27 000	28 000	24 000
Financial Balance	−7 000	−27 000	−28 000	−23 000
Dividends	0	0	0	0
Net Income	254 000	326 000	−127 000	308 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 227 000	1 624 000	1 656 000	1 454 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	112 000	139 000	174 000
Total Tangible Assets	78 000	112 000	139 000	174 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 305 000	1 735 000	1 795 000	1 628 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	211 000	0	0	71 000
Total Current Assets	279 000	70 000	141 000	189 000
Total Assets	1 583 000	1 805 000	1 937 000	1 818 000
Total Equity	1 149 000	895 000	569 000	696 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	269 000	400 000	0
Creditors	98 000	78 000	134 000	124 000
Unpaid Taxes	51 000	17 000	40 000	109 000
Dividends	0	0	0	0
Other Current Debt	213 000	207 000	414 000	479 000
Total Current Debt	434 000	641 000	967 000	1 121 000
Total Equity and Debt	1 583 000	1 805 000	1 937 000	1 818 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,11 %	36,42 %	−22,32 %	44,25 %
Debt-to-Equity Ratio	0	0,3	0,7	0
Operating Profit Margin	12,85 %	16,04 %	−4,85 %	13,73 %
Current Ratio	0,64	0,11	0,15	0,17
Quick Ratio	0,64	0,11	0,15	0,17
Equity Ratio	0,73	0,5	0,29	0,38
Gross Profit Margin	93,48 %	92,13 %	89,47 %	93,03 %