THORSHAUG AS

3270 LARVIK

Finances

Share Ownership

Return on Equity

9,46 %

Current Ratio

6,05

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	927 000	897 000	884 000	4 161 000
Net Income	548 000	463 000	258 000	2 715 000
Total Assets	6 466 000	6 051 000	5 729 000	5 984 000
Total Equity	5 794 000	5 246 000	4 784 000	4 526 000

Income (NOK)	2022	2021	2020	2019
Revenue	927 000	897 000	884 000	4 161 000
Expenditure	281 000	309 000	553 000	693 000
Operating Profit	646 000	588 000	331 000	3 469 000
Financial Income	57 000	5 000	0	12 000
Financial Costs	0	0	1 000	0
Financial Balance	57 000	5 000	−1 000	12 000
Earnings Before Tax	703 000	593 000	331 000	3 480 000
Tax	155 000	131 000	73 000	766 000
Net Income	548 000	463 000	258 000	2 715 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 784 000	4 964 000	5 143 000	5 323 000
Total Current Assets	1 683 000	1 087 000	586 000	661 000
Total Assets	6 466 000	6 051 000	5 729 000	5 984 000
Total Retained Equity	3 983 000	3 435 000	2 973 000	2 715 000
Total Equity	5 794 000	5 246 000	4 784 000	4 526 000
Total Long-Term Debt	394 000	517 000	674 000	872 000
Total Current Debt	278 000	287 000	272 000	586 000
Total Equity and Debt	6 466 000	6 051 000	5 729 000	5 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	927 000	896 000	875 000	0
Other Income	0	1 000	9 000	4 161 000
Revenue	927 000	897 000	884 000	4 161 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	86 000
Depreciation	180 000	180 000	180 000	180 000
Impairment	0	0	0	0
Expenditure	281 000	309 000	553 000	693 000
Operating Profit	646 000	588 000	331 000	3 469 000
Financial Income	57 000	5 000	0	12 000
Financial Costs	0	0	1 000	0
Financial Balance	57 000	5 000	−1 000	12 000
Dividends	0	0	0	0
Net Income	548 000	463 000	258 000	2 715 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 784 000	4 964 000	5 143 000	5 323 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 784 000	4 964 000	5 143 000	5 323 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 784 000	4 964 000	5 143 000	5 323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	380 000
Total Current Assets	1 683 000	1 087 000	586 000	661 000
Total Assets	6 466 000	6 051 000	5 729 000	5 984 000
Total Equity	5 794 000	5 246 000	4 784 000	4 526 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	394 000	517 000	674 000	872 000
Creditors	0	0	0	201 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	23 000
Total Current Debt	278 000	287 000	272 000	586 000
Total Equity and Debt	6 466 000	6 051 000	5 729 000	5 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,46 %	8,83 %	5,39 %	59,99 %
Debt-to-Equity Ratio	0,07	0,1	0,14	0,19
Operating Profit Margin	69,69 %	65,55 %	37,44 %	83,37 %
Current Ratio	6,05	3,79	2,15	1,13
Quick Ratio	6,05	3,79	2,15	1,13
Equity Ratio	0,9	0,87	0,84	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %