THORSTVEDT INDUSTRISERVICE AS

4073 RANDABERG

Finances

Share Ownership

Return on Equity

−282,47 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 924 000	1 397 000	1 548 000	1 829 000
Net Income	−435 000	71 000	75 000	230 000
Total Assets	792 000	992 000	975 000	729 000
Total Equity	154 000	589 000	517 000	443 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 924 000	1 397 000	1 548 000	1 829 000
Expenditure	2 191 000	1 306 000	1 352 000	1 419 000
Operating Profit	−420 000	91 000	97 000	309 000
Financial Income	2 000	6 000	6 000	1 000
Financial Costs	17 000	17 000	8 000	15 000
Financial Balance	−15 000	−11 000	−2 000	−14 000
Earnings Before Tax	−435 000	80 000	96 000	295 000
Tax	0	8 000	21 000	65 000
Net Income	−435 000	71 000	75 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	35 000	13 000	0
Total Current Assets	792 000	957 000	962 000	729 000
Total Assets	792 000	992 000	975 000	729 000
Total Retained Equity	−298 000	137 000	66 000	−9 000
Total Equity	154 000	589 000	517 000	443 000
Total Long-Term Debt	39 000	293 000	379 000	124 000
Total Current Debt	600 000	111 000	78 000	162 000
Total Equity and Debt	792 000	992 000	975 000	729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 924 000	1 397 000	1 548 000	1 829 000
Other Income	0	0	0	0
Revenue	1 924 000	1 397 000	1 548 000	1 829 000
Cost of Goods Sold	1 202 000	635 000	646 000	776 000
Salary Costs	531 000	456 000	444 000	427 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 191 000	1 306 000	1 352 000	1 419 000
Operating Profit	−420 000	91 000	97 000	309 000
Financial Income	2 000	6 000	6 000	1 000
Financial Costs	17 000	17 000	8 000	15 000
Financial Balance	−15 000	−11 000	−2 000	−14 000
Dividends	0	0	0	0
Net Income	−435 000	71 000	75 000	230 000

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	0	35 000	13 000	0
Total Fixed Assets	0	35 000	13 000	0
Stock	628 000	632 000	586 000	542 000
Total Investments	0	0	0	0
Cash, Bank	4 000	4 000	34 000	7 000
Total Current Assets	792 000	957 000	962 000	729 000
Total Assets	792 000	992 000	975 000	729 000
Total Equity	154 000	589 000	517 000	443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 000	293 000	379 000	124 000
Creditors	127 000	−61 000	1 000	19 000
Unpaid Taxes	93 000	73 000	46 000	92 000
Dividends	0	0	0	0
Other Current Debt	57 000	107 000	11 000	50 000
Total Current Debt	600 000	111 000	78 000	162 000
Total Equity and Debt	792 000	992 000	975 000	729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−282,47 %	12,05 %	14,51 %	51,92 %
Debt-to-Equity Ratio	0,25	0,5	0,73	0,28
Operating Profit Margin	−21,83 %	6,51 %	6,27 %	16,89 %
Current Ratio	1,32	8,62	12,33	4,5
Quick Ratio	−28,29	−1,84	−1,89	−1,92
Equity Ratio	0,19	0,59	0,53	0,61
Gross Profit Margin	37,53 %	54,55 %	58,27 %	57,57 %