THAI SPICY AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

40,58 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 748 000	6 685 000	2 940 000	1 057 000
Net Income	−390 000	7 000	−350 000	−252 000
Total Assets	875 000	998 000	1 090 000	469 000
Total Equity	−961 000	−571 000	−578 000	−227 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 748 000	6 685 000	2 940 000	1 057 000
Expenditure	8 096 000	6 652 000	3 285 000	1 308 000
Operating Profit	−349 000	33 000	−346 000	−252 000
Financial Income	0	0	0	0
Financial Costs	42 000	26 000	4 000	0
Financial Balance	−42 000	−26 000	−4 000	0
Earnings Before Tax	−390 000	7 000	−350 000	−252 000
Tax	0	0	0	0
Net Income	−390 000	7 000	−350 000	−252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	392 000	517 000	641 000	258 000
Total Current Assets	483 000	481 000	449 000	212 000
Total Assets	875 000	998 000	1 090 000	469 000
Total Retained Equity	−991 000	−601 000	−608 000	−252 000
Total Equity	−961 000	−571 000	−578 000	−227 000
Total Long-Term Debt	781 000	752 000	392 000	0
Total Current Debt	1 055 000	817 000	1 276 000	697 000
Total Equity and Debt	875 000	998 000	1 090 000	469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 651 000	6 348 000	2 906 000	1 057 000
Other Income	97 000	337 000	34 000	0
Revenue	7 748 000	6 685 000	2 940 000	1 057 000
Cost of Goods Sold	2 318 000	1 838 000	907 000	305 000
Salary Costs	3 156 000	2 521 000	1 170 000	492 000
Depreciation	118 000	118 000	79 000	30 000
Impairment	0	0	0	0
Expenditure	8 096 000	6 652 000	3 285 000	1 308 000
Operating Profit	−349 000	33 000	−346 000	−252 000
Financial Income	0	0	0	0
Financial Costs	42 000	26 000	4 000	0
Financial Balance	−42 000	−26 000	−4 000	0
Dividends	0	0	0	0
Net Income	−390 000	7 000	−350 000	−252 000

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	382 000	501 000	619 000	230 000
Total Tangible Assets	382 000	501 000	619 000	230 000
Total Fiancial Fixed Assets	10 000	16 000	22 000	28 000
Total Fixed Assets	392 000	517 000	641 000	258 000
Stock	149 000	114 000	73 000	33 000
Total Investments	0	0	0	0
Cash, Bank	175 000	178 000	210 000	35 000
Total Current Assets	483 000	481 000	449 000	212 000
Total Assets	875 000	998 000	1 090 000	469 000
Total Equity	−961 000	−571 000	−578 000	−227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	781 000	752 000	392 000	0
Creditors	331 000	176 000	214 000	67 000
Unpaid Taxes	233 000	207 000	160 000	60 000
Dividends	0	0	0	0
Other Current Debt	491 000	434 000	902 000	569 000
Total Current Debt	1 055 000	817 000	1 276 000	697 000
Total Equity and Debt	875 000	998 000	1 090 000	469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,58 %	−1,23 %	60,55 %	111,01 %
Debt-to-Equity Ratio	−0,81	−1,32	−0,68	−0
Operating Profit Margin	−4,5 %	0,49 %	−11,77 %	−23,84 %
Current Ratio	0,46	0,59	0,35	0,3
Quick Ratio	0,53	0,68	0,37	0,32
Equity Ratio	−1,1	−0,57	−0,53	−0,48
Gross Profit Margin	70,08 %	72,51 %	69,15 %	71,14 %