THINTHAN THAIFOOD AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

−5,59 %

Current Ratio

0,6

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 658 000	11 983 000	11 276 000	11 242 000
Net Income	−81 000	223 000	383 000	308 000
Total Assets	5 823 000	5 733 000	6 039 000	6 165 000
Total Equity	1 450 000	1 531 000	1 452 000	1 368 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 658 000	11 983 000	11 276 000	11 242 000
Expenditure	11 607 000	11 585 000	10 653 000	10 683 000
Operating Profit	51 000	398 000	622 000	559 000
Financial Income	0	0	0	0
Financial Costs	132 000	99 000	117 000	147 000
Financial Balance	−132 000	−99 000	−117 000	−147 000
Earnings Before Tax	−81 000	299 000	505 000	412 000
Tax	0	76 000	122 000	104 000
Net Income	−81 000	223 000	383 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 818 000	4 955 000	5 113 000	5 282 000
Total Current Assets	1 005 000	778 000	925 000	883 000
Total Assets	5 823 000	5 733 000	6 039 000	6 165 000
Total Retained Equity	1 420 000	1 501 000	1 422 000	1 338 000
Total Equity	1 450 000	1 531 000	1 452 000	1 368 000
Total Long-Term Debt	2 700 000	2 692 000	2 899 000	3 082 000
Total Current Debt	1 672 000	1 510 000	1 688 000	1 715 000
Total Equity and Debt	5 823 000	5 733 000	6 039 000	6 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 519 000	11 825 000	11 111 000	11 052 000
Other Income	139 000	158 000	164 000	190 000
Revenue	11 658 000	11 983 000	11 276 000	11 242 000
Cost of Goods Sold	5 491 000	5 369 000	4 945 000	4 737 000
Salary Costs	4 485 000	4 682 000	4 352 000	4 572 000
Depreciation	154 000	158 000	168 000	195 000
Impairment	0	0	0	0
Expenditure	11 607 000	11 585 000	10 653 000	10 683 000
Operating Profit	51 000	398 000	622 000	559 000
Financial Income	0	0	0	0
Financial Costs	132 000	99 000	117 000	147 000
Financial Balance	−132 000	−99 000	−117 000	−147 000
Dividends	0	144 000	300 000	0
Net Income	−81 000	223 000	383 000	308 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 792 000	4 915 000	5 029 000	5 142 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	41 000	85 000	139 000
Total Tangible Assets	4 818 000	4 955 000	5 113 000	5 282 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 818 000	4 955 000	5 113 000	5 282 000
Stock	258 000	296 000	273 000	90 000
Total Investments	0	0	0	0
Cash, Bank	404 000	279 000	523 000	569 000
Total Current Assets	1 005 000	778 000	925 000	883 000
Total Assets	5 823 000	5 733 000	6 039 000	6 165 000
Total Equity	1 450 000	1 531 000	1 452 000	1 368 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 700 000	2 692 000	2 899 000	3 082 000
Creditors	836 000	278 000	544 000	261 000
Unpaid Taxes	356 000	466 000	383 000	393 000
Dividends	0	144 000	300 000	0
Other Current Debt	481 000	690 000	640 000	957 000
Total Current Debt	1 672 000	1 510 000	1 688 000	1 715 000
Total Equity and Debt	5 823 000	5 733 000	6 039 000	6 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,59 %	14,57 %	26,38 %	22,51 %
Debt-to-Equity Ratio	1,86	1,76	2	2,25
Operating Profit Margin	0,44 %	3,32 %	5,52 %	4,97 %
Current Ratio	0,6	0,52	0,55	0,51
Quick Ratio	0,71	0,64	0,65	0,54
Equity Ratio	0,25	0,27	0,24	0,22
Gross Profit Margin	52,9 %	55,19 %	56,15 %	57,86 %