THOR ØSTBYE AS

2975 VANG I VALDRES

Finances

Share Ownership

Return on Equity

4,41 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 000	232 000	176 000	161 000
Net Income	10 000	17 000	31 000	−38 000
Total Assets	378 000	423 000	346 000	317 000
Total Equity	227 000	217 000	200 000	169 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 000	232 000	176 000	161 000
Expenditure	185 000	210 000	144 000	202 000
Operating Profit	12 000	22 000	32 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	12 000	22 000	32 000	−41 000
Tax	3 000	5 000	1 000	−3 000
Net Income	10 000	17 000	31 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	209 000	179 000	141 000
Total Current Assets	202 000	214 000	167 000	176 000
Total Assets	378 000	423 000	346 000	317 000
Total Retained Equity	126 000	116 000	99 000	68 000
Total Equity	227 000	217 000	200 000	169 000
Total Long-Term Debt	8 000	6 000	1 000	0
Total Current Debt	143 000	200 000	145 000	148 000
Total Equity and Debt	378 000	423 000	346 000	317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	196 000	232 000	160 000	161 000
Other Income	0	0	16 000	0
Revenue	196 000	232 000	176 000	161 000
Cost of Goods Sold	34 000	20 000	16 000	31 000
Salary Costs	13 000	55 000	0	30 000
Depreciation	34 000	27 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	185 000	210 000	144 000	202 000
Operating Profit	12 000	22 000	32 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	10 000	17 000	31 000	−38 000

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	175 000	209 000	179 000	141 000
Total Tangible Assets	175 000	209 000	179 000	141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	175 000	209 000	179 000	141 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	192 000	209 000	155 000	91 000
Total Current Assets	202 000	214 000	167 000	176 000
Total Assets	378 000	423 000	346 000	317 000
Total Equity	227 000	217 000	200 000	169 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	6 000	1 000	0
Creditors	18 000	38 000	38 000	18 000
Unpaid Taxes	2 000	23 000	0	20 000
Dividends	0	0	0	0
Other Current Debt	122 000	139 000	108 000	110 000
Total Current Debt	143 000	200 000	145 000	148 000
Total Equity and Debt	378 000	423 000	346 000	317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,41 %	7,83 %	15,5 %	−22,49 %
Debt-to-Equity Ratio	0,04	0,03	0,01	0
Operating Profit Margin	6,12 %	9,48 %	18,18 %	−25,47 %
Current Ratio	1,41	1,07	1,15	1,19
Quick Ratio	1,41	1,07	1,15	1,19
Equity Ratio	0,6	0,51	0,58	0,53
Gross Profit Margin	82,65 %	91,38 %	90,91 %	80,75 %