THORS GARAGE AS

1783 HALDEN

Finances

Share Ownership

Return on Equity

13,11 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 092 000	2 109 000	2 030 000	1 474 000
Net Income	43 000	45 000	37 000	20 000
Total Assets	933 000	787 000	812 000	485 000
Total Equity	328 000	285 000	240 000	203 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 092 000	2 109 000	2 030 000	1 474 000
Expenditure	2 029 000	2 048 000	1 972 000	1 437 000
Operating Profit	62 000	60 000	59 000	37 000
Financial Income	−4 000	−1 000	−2 000	0
Financial Costs	1 000	1 000	11 000	12 000
Financial Balance	−5 000	−2 000	−13 000	−12 000
Earnings Before Tax	56 000	58 000	46 000	24 000
Tax	14 000	13 000	9 000	5 000
Net Income	43 000	45 000	37 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	0	0	0
Total Current Assets	881 000	787 000	812 000	485 000
Total Assets	933 000	787 000	812 000	485 000
Total Retained Equity	298 000	255 000	210 000	173 000
Total Equity	328 000	285 000	240 000	203 000
Total Long-Term Debt	0	0	73 000	179 000
Total Current Debt	605 000	502 000	499 000	104 000
Total Equity and Debt	933 000	787 000	812 000	485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 079 000	2 109 000	2 030 000	1 474 000
Other Income	13 000	0	0	0
Revenue	2 092 000	2 109 000	2 030 000	1 474 000
Cost of Goods Sold	1 241 000	1 330 000	1 030 000	880 000
Salary Costs	399 000	380 000	505 000	185 000
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 029 000	2 048 000	1 972 000	1 437 000
Operating Profit	62 000	60 000	59 000	37 000
Financial Income	−4 000	−1 000	−2 000	0
Financial Costs	1 000	1 000	11 000	12 000
Financial Balance	−5 000	−2 000	−13 000	−12 000
Dividends	0	0	0	0
Net Income	43 000	45 000	37 000	20 000

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	52 000	0	0	0
Total Tangible Assets	52 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	52 000	0	0	0
Stock	524 000	513 000	534 000	338 000
Total Investments	0	0	0	0
Cash, Bank	26 000	66 000	120 000	42 000
Total Current Assets	881 000	787 000	812 000	485 000
Total Assets	933 000	787 000	812 000	485 000
Total Equity	328 000	285 000	240 000	203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	73 000	179 000
Creditors	116 000	131 000	298 000	37 000
Unpaid Taxes	67 000	88 000	82 000	44 000
Dividends	0	0	0	0
Other Current Debt	408 000	271 000	110 000	17 000
Total Current Debt	605 000	502 000	499 000	104 000
Total Equity and Debt	933 000	787 000	812 000	485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,11 %	15,79 %	15,42 %	9,85 %
Debt-to-Equity Ratio	0	0	0,3	0,88
Operating Profit Margin	2,96 %	2,84 %	2,91 %	2,51 %
Current Ratio	1,46	1,57	1,63	4,66
Quick Ratio	10,88	−71,55	−23,2	−2,07
Equity Ratio	0,35	0,36	0,3	0,42
Gross Profit Margin	40,68 %	36,94 %	49,26 %	40,3 %