THERMOPROTECTION AS

1605 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

16,96 %

Current Ratio

4,14

Debt-to-Equity Ratio

1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 046 000	723 000	871 000	1 104 000
Net Income	29 000	−42 000	54 000	182 000
Total Assets	543 000	491 000	572 000	548 000
Total Equity	171 000	141 000	183 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 046 000	723 000	871 000	1 104 000
Expenditure	999 000	745 000	799 000	905 000
Operating Profit	47 000	−23 000	72 000	200 000
Financial Income	0	0	0	1 000
Financial Costs	17 000	19 000	18 000	19 000
Financial Balance	−17 000	−19 000	−18 000	−18 000
Earnings Before Tax	29 000	−42 000	54 000	182 000
Tax	0	0	0	0
Net Income	29 000	−42 000	54 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	14 000	0	0
Total Current Assets	489 000	477 000	572 000	548 000
Total Assets	543 000	491 000	572 000	548 000
Total Retained Equity	71 000	41 000	83 000	29 000
Total Equity	171 000	141 000	183 000	129 000
Total Long-Term Debt	254 000	260 000	262 000	306 000
Total Current Debt	118 000	90 000	128 000	113 000
Total Equity and Debt	543 000	491 000	572 000	548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 046 000	722 000	871 000	1 085 000
Other Income	0	1 000	0	20 000
Revenue	1 046 000	723 000	871 000	1 104 000
Cost of Goods Sold	10 000	7 000	10 000	2 000
Salary Costs	543 000	246 000	265 000	388 000
Depreciation	5 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	999 000	745 000	799 000	905 000
Operating Profit	47 000	−23 000	72 000	200 000
Financial Income	0	0	0	1 000
Financial Costs	17 000	19 000	18 000	19 000
Financial Balance	−17 000	−19 000	−18 000	−18 000
Dividends	0	0	0	0
Net Income	29 000	−42 000	54 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	14 000	0	0
Total Tangible Assets	9 000	14 000	0	0
Total Fiancial Fixed Assets	44 000	0	0	0
Total Fixed Assets	53 000	14 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	406 000	381 000	391 000	446 000
Total Current Assets	489 000	477 000	572 000	548 000
Total Assets	543 000	491 000	572 000	548 000
Total Equity	171 000	141 000	183 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	254 000	260 000	262 000	306 000
Creditors	0	0	0	1 000
Unpaid Taxes	69 000	68 000	104 000	76 000
Dividends	0	0	0	0
Other Current Debt	50 000	22 000	24 000	35 000
Total Current Debt	118 000	90 000	128 000	113 000
Total Equity and Debt	543 000	491 000	572 000	548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,96 %	−29,79 %	29,51 %	141,09 %
Debt-to-Equity Ratio	1,49	1,84	1,43	2,37
Operating Profit Margin	4,49 %	−3,18 %	8,27 %	18,12 %
Current Ratio	4,14	5,3	4,47	4,85
Quick Ratio	4,14	5,3	4,47	4,85
Equity Ratio	0,31	0,29	0,32	0,24
Gross Profit Margin	99,04 %	99,03 %	98,85 %	99,82 %