THORVALDSEN HOLDING AS

1592 VÅLER I ØSTFOLD

Finances

Return on Equity

32,08 %

Current Ratio

19,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	5 564 000	12 934 000	984 000	686 000
Total Assets	18 093 000	17 048 000	6 202 000	2 963 000
Total Equity	17 342 000	15 050 000	3 691 000	2 953 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	30 000	20 000	12 000	13 000
Operating Profit	−30 000	−20 000	−12 000	−13 000
Financial Income	5 594 000	12 976 000	1 000 000	700 000
Financial Costs	0	0	0	0
Financial Balance	5 594 000	12 976 000	1 000 000	700 000
Earnings Before Tax	5 564 000	12 956 000	988 000	688 000
Tax	0	22 000	4 000	2 000
Net Income	5 564 000	12 934 000	984 000	686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 788 000	6 743 000	5 731 000	2 860 000
Total Current Assets	14 305 000	10 305 000	471 000	103 000
Total Assets	18 093 000	17 048 000	6 202 000	2 963 000
Total Retained Equity	17 054 000	14 762 000	3 403 000	2 665 000
Total Equity	17 342 000	15 050 000	3 691 000	2 953 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	751 000	1 997 000	2 510 000	9 000
Total Equity and Debt	18 093 000	17 048 000	6 202 000	2 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 000	20 000	12 000	13 000
Operating Profit	−30 000	−20 000	−12 000	−13 000
Financial Income	5 594 000	12 976 000	1 000 000	700 000
Financial Costs	0	0	0	0
Financial Balance	5 594 000	12 976 000	1 000 000	700 000
Dividends	3 272 000	1 575 000	246 000	466 000
Net Income	5 564 000	12 934 000	984 000	686 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 788 000	6 743 000	5 731 000	2 860 000
Total Fixed Assets	3 788 000	6 743 000	5 731 000	2 860 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 305 000	9 831 000	471 000	103 000
Total Current Assets	14 305 000	10 305 000	471 000	103 000
Total Assets	18 093 000	17 048 000	6 202 000	2 963 000
Total Equity	17 342 000	15 050 000	3 691 000	2 953 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	3 272 000	1 575 000	246 000	466 000
Other Current Debt	751 000	1 500 000	2 507 000	8 000
Total Current Debt	751 000	1 997 000	2 510 000	9 000
Total Equity and Debt	18 093 000	17 048 000	6 202 000	2 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,08 %	85,94 %	26,66 %	23,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	19,05	5,16	0,19	11,44
Quick Ratio	19,05	5,16	0,19	11,44
Equity Ratio	0,96	0,88	0,6	1
Gross Profit Margin	-	-	-	-