THAIAROY AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

38,27 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 077 000	3 714 000	2 270 000	1 885 000
Net Income	155 000	347 000	106 000	52 000
Total Assets	967 000	649 000	557 000	347 000
Total Equity	405 000	250 000	271 000	165 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 077 000	3 714 000	2 270 000	1 885 000
Expenditure	4 878 000	3 270 000	2 135 000	1 818 000
Operating Profit	199 000	445 000	135 000	67 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	0	0	0	0
Earnings Before Tax	199 000	445 000	136 000	67 000
Tax	44 000	98 000	30 000	15 000
Net Income	155 000	347 000	106 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	95 000	120 000	136 000
Total Current Assets	898 000	555 000	437 000	211 000
Total Assets	967 000	649 000	557 000	347 000
Total Retained Equity	305 000	150 000	171 000	65 000
Total Equity	405 000	250 000	271 000	165 000
Total Long-Term Debt	1 000	4 000	8 000	0
Total Current Debt	561 000	395 000	278 000	182 000
Total Equity and Debt	967 000	649 000	557 000	347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 077 000	3 714 000	2 270 000	1 885 000
Other Income	0	0	0	0
Revenue	5 077 000	3 714 000	2 270 000	1 885 000
Cost of Goods Sold	1 783 000	1 232 000	754 000	582 000
Salary Costs	2 644 000	1 613 000	1 014 000	846 000
Depreciation	25 000	25 000	18 000	14 000
Impairment	0	0	0	0
Expenditure	4 878 000	3 270 000	2 135 000	1 818 000
Operating Profit	199 000	445 000	135 000	67 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	155 000	347 000	106 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	27 000	32 000	37 000	42 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	63 000	83 000	45 000
Total Tangible Assets	69 000	95 000	120 000	87 000
Total Fiancial Fixed Assets	0	0	0	47 000
Total Fixed Assets	69 000	95 000	120 000	136 000
Stock	122 000	118 000	44 000	38 000
Total Investments	0	0	0	0
Cash, Bank	757 000	437 000	391 000	150 000
Total Current Assets	898 000	555 000	437 000	211 000
Total Assets	967 000	649 000	557 000	347 000
Total Equity	405 000	250 000	271 000	165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	4 000	8 000	0
Creditors	57 000	69 000	99 000	32 000
Unpaid Taxes	174 000	151 000	53 000	63 000
Dividends	0	0	0	0
Other Current Debt	282 000	74 000	106 000	87 000
Total Current Debt	561 000	395 000	278 000	182 000
Total Equity and Debt	967 000	649 000	557 000	347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,27 %	138,8 %	39,11 %	31,52 %
Debt-to-Equity Ratio	0	0,02	0,03	0
Operating Profit Margin	3,92 %	11,98 %	5,95 %	3,55 %
Current Ratio	1,6	1,41	1,57	1,16
Quick Ratio	2,05	2	1,87	1,47
Equity Ratio	0,42	0,39	0,49	0,48
Gross Profit Margin	64,88 %	66,83 %	66,78 %	69,12 %