THORN NORGE FINANS AS

0663 OSLO

Finances

Share Ownership

Return on Equity

0,91 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 890 000	47 901 000	56 093 000	64 048 000
Net Income	1 591 000	7 666 000	16 004 000	457 000
Total Assets	399 001 000	460 052 000	483 268 000	527 560 000
Total Equity	174 134 000	176 343 000	168 677 000	124 963 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 890 000	47 901 000	56 093 000	64 048 000
Expenditure	14 621 000	10 726 000	8 905 000	11 645 000
Operating Profit	23 269 000	37 175 000	47 188 000	52 403 000
Financial Income	0	0	0	0
Financial Costs	21 146 000	26 954 000	25 852 000	51 789 000
Financial Balance	−21 146 000	−26 954 000	−25 852 000	−51 789 000
Earnings Before Tax	2 123 000	10 221 000	21 336 000	614 000
Tax	−532 000	−2 555 000	−5 332 000	157 000
Net Income	1 591 000	7 666 000	16 004 000	457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 000	3 070 000	332 000	1 756 000
Total Current Assets	398 926 000	456 982 000	482 936 000	525 804 000
Total Assets	399 001 000	460 052 000	483 268 000	527 560 000
Total Retained Equity	84 134 000	86 343 000	78 677 000	84 963 000
Total Equity	174 134 000	176 343 000	168 677 000	124 963 000
Total Long-Term Debt	6 413 000	8 261 000	6 037 000	7 802 000
Total Current Debt	0	0	0	394 795 000
Total Equity and Debt	399 001 000	460 052 000	483 268 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	37 890 000	47 901 000	56 093 000	64 048 000
Cost of Goods Sold	0	0	0	0
Salary Costs	12 647 000	10 279 000	8 275 000	1 790 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 621 000	10 726 000	8 905 000	11 645 000
Operating Profit	23 269 000	37 175 000	47 188 000	52 403 000
Financial Income	0	0	0	0
Financial Costs	21 146 000	26 954 000	25 852 000	51 789 000
Financial Balance	−21 146 000	−26 954 000	−25 852 000	−51 789 000
Dividends	0	0	0	0
Net Income	1 591 000	7 666 000	16 004 000	457 000

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	75 000	3 070 000	332 000	1 756 000
Total Fixed Assets	75 000	3 070 000	332 000	1 756 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	398 926 000	456 982 000	482 936 000	525 804 000
Total Assets	399 001 000	460 052 000	483 268 000	527 560 000
Total Equity	174 134 000	176 343 000	168 677 000	124 963 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 413 000	8 261 000	6 037 000	7 802 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	218 454 000	275 448 000	308 554 000	394 795 000
Total Current Debt	0	0	0	394 795 000
Total Equity and Debt	399 001 000	460 052 000	483 268 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	0,91 %	4,35 %	9,49 %	0,37 %
Debt-to-Equity Ratio	0,04	0,05	0,04	0,06
Operating Profit Margin	61,41 %	77,61 %	84,12 %	81,82 %
Current Ratio	-	-	-	1,33
Quick Ratio	-	-	-	1,33
Equity Ratio	0,44	0,38	0,35	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %