CHRISTIAN THORSBYE AS

3718 SKIEN

Finances

Share Ownership

Return on Equity

−66,36 %

Current Ratio

3,78

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 100 000	1 172 000	1 152 000	921 000
Net Income	−365 000	39 000	481 000	302 000
Total Assets	885 000	1 251 000	1 305 000	588 000
Total Equity	550 000	915 000	876 000	395 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 100 000	1 172 000	1 152 000	921 000
Expenditure	1 461 000	1 107 000	514 000	524 000
Operating Profit	−360 000	66 000	637 000	397 000
Financial Income	0	0	0	0
Financial Costs	9 000	8 000	9 000	0
Financial Balance	−9 000	−8 000	−9 000	0
Earnings Before Tax	−369 000	58 000	629 000	397 000
Tax	−4 000	19 000	148 000	95 000
Net Income	−365 000	39 000	481 000	302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	195 000	216 000	19 000
Total Current Assets	755 000	1 056 000	1 089 000	569 000
Total Assets	885 000	1 251 000	1 305 000	588 000
Total Retained Equity	520 000	885 000	846 000	365 000
Total Equity	550 000	915 000	876 000	395 000
Total Long-Term Debt	135 000	167 000	195 000	1 000
Total Current Debt	200 000	169 000	234 000	192 000
Total Equity and Debt	885 000	1 251 000	1 305 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 109 000	1 131 000	1 152 000	921 000
Other Income	−9 000	41 000	0	0
Revenue	1 100 000	1 172 000	1 152 000	921 000
Cost of Goods Sold	129 000	163 000	107 000	109 000
Salary Costs	821 000	571 000	130 000	31 000
Depreciation	64 000	64 000	35 000	8 000
Impairment	0	0	0	0
Expenditure	1 461 000	1 107 000	514 000	524 000
Operating Profit	−360 000	66 000	637 000	397 000
Financial Income	0	0	0	0
Financial Costs	9 000	8 000	9 000	0
Financial Balance	−9 000	−8 000	−9 000	0
Dividends	0	0	0	0
Net Income	−365 000	39 000	481 000	302 000

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	18 000	36 000	11 000	19 000
Fixtures	112 000	159 000	205 000	0
Total Tangible Assets	130 000	195 000	216 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	130 000	195 000	216 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	503 000	991 000	1 065 000	569 000
Total Current Assets	755 000	1 056 000	1 089 000	569 000
Total Assets	885 000	1 251 000	1 305 000	588 000
Total Equity	550 000	915 000	876 000	395 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	135 000	167 000	195 000	1 000
Creditors	24 000	0	0	0
Unpaid Taxes	75 000	65 000	65 000	29 000
Dividends	0	0	0	0
Other Current Debt	101 000	82 000	26 000	67 000
Total Current Debt	200 000	169 000	234 000	192 000
Total Equity and Debt	885 000	1 251 000	1 305 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−66,36 %	4,26 %	54,91 %	76,46 %
Debt-to-Equity Ratio	0,25	0,18	0,22	0
Operating Profit Margin	−32,73 %	5,63 %	55,3 %	43,11 %
Current Ratio	3,78	6,25	4,65	2,96
Quick Ratio	3,78	6,25	4,65	2,96
Equity Ratio	0,62	0,73	0,67	0,67
Gross Profit Margin	88,27 %	86,09 %	90,71 %	88,17 %