THORMODSEN OG STØLEN BYGGSERVICE AS

5306 ERDAL

Finances

Share Ownership

Return on Equity

24,5 %

Current Ratio

1,29

Debt-to-Equity Ratio

4,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 636 000	10 677 000	9 095 000	4 985 000
Net Income	293 000	946 000	−271 000	−210 000
Total Assets	8 159 000	2 598 000	1 222 000	1 351 000
Total Equity	1 196 000	902 000	−44 000	202 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 636 000	10 677 000	9 095 000	4 985 000
Expenditure	11 090 000	9 656 000	9 464 000	5 179 000
Operating Profit	546 000	1 021 000	−271 000	−259 000
Financial Income	0	0	2 000	51 000
Financial Costs	162 000	4 000	2 000	1 000
Financial Balance	−162 000	−4 000	0	50 000
Earnings Before Tax	384 000	1 017 000	−271 000	−210 000
Tax	90 000	70 000	0	0
Net Income	293 000	946 000	−271 000	−210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 648 000	439 000	102 000	116 000
Total Current Assets	2 511 000	2 159 000	1 120 000	1 235 000
Total Assets	8 159 000	2 598 000	1 222 000	1 351 000
Total Retained Equity	1 071 000	777 000	−169 000	102 000
Total Equity	1 196 000	902 000	−44 000	202 000
Total Long-Term Debt	5 009 000	55 000	0	0
Total Current Debt	1 954 000	1 641 000	1 266 000	1 149 000
Total Equity and Debt	8 159 000	2 598 000	1 222 000	1 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 738 000	10 385 000	9 095 000	5 420 000
Other Income	−101 000	292 000	0	−435 000
Revenue	11 636 000	10 677 000	9 095 000	4 985 000
Cost of Goods Sold	5 009 000	4 271 000	5 383 000	2 561 000
Salary Costs	4 271 000	3 836 000	2 932 000	1 772 000
Depreciation	29 000	36 000	20 000	−15 000
Impairment	0	0	0	0
Expenditure	11 090 000	9 656 000	9 464 000	5 179 000
Operating Profit	546 000	1 021 000	−271 000	−259 000
Financial Income	0	0	2 000	51 000
Financial Costs	162 000	4 000	2 000	1 000
Financial Balance	−162 000	−4 000	0	50 000
Dividends	0	0	0	80 000
Net Income	293 000	946 000	−271 000	−210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 570 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	439 000	62 000	26 000
Total Tangible Assets	5 648 000	439 000	62 000	26 000
Total Fiancial Fixed Assets	0	0	40 000	90 000
Total Fixed Assets	5 648 000	439 000	102 000	116 000
Stock	85 000	113 000	113 000	15 000
Total Investments	0	0	0	0
Cash, Bank	1 393 000	992 000	704 000	748 000
Total Current Assets	2 511 000	2 159 000	1 120 000	1 235 000
Total Assets	8 159 000	2 598 000	1 222 000	1 351 000
Total Equity	1 196 000	902 000	−44 000	202 000
Short-Term Group Debt	−6 000	8 000	48 000	0
Total Long-Term Debt	5 009 000	55 000	0	0
Creditors	580 000	484 000	340 000	565 000
Unpaid Taxes	597 000	571 000	489 000	326 000
Dividends	0	0	0	80 000
Other Current Debt	647 000	562 000	388 000	258 000
Total Current Debt	1 954 000	1 641 000	1 266 000	1 149 000
Total Equity and Debt	8 159 000	2 598 000	1 222 000	1 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,5 %	104,88 %	615,91 %	−103,96 %
Debt-to-Equity Ratio	4,19	0,06	−0	0
Operating Profit Margin	4,69 %	9,56 %	−2,98 %	−5,2 %
Current Ratio	1,29	1,32	0,88	1,07
Quick Ratio	1,34	1,41	0,97	1,09
Equity Ratio	0,15	0,35	−0,04	0,15
Gross Profit Margin	56,95 %	60 %	40,81 %	48,63 %