THERMAL POWER SOLUTION AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

−7,73 %

Current Ratio

0,37

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	0	0	0
Net Income	15 000	−9 000	−8 000	−9 000
Total Assets	116 000	76 000	85 000	93 000
Total Equity	−194 000	−209 000	−200 000	−191 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	0	0	0
Expenditure	85 000	9 000	8 000	9 000
Operating Profit	15 000	−9 000	−8 000	−9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	15 000	−9 000	−8 000	−9 000
Tax	0	0	0	0
Net Income	15 000	−9 000	−8 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	116 000	76 000	85 000	93 000
Total Assets	116 000	76 000	85 000	93 000
Total Retained Equity	−294 000	−309 000	−300 000	−291 000
Total Equity	−194 000	−209 000	−200 000	−191 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	310 000	285 000	285 000	285 000
Total Equity and Debt	116 000	76 000	85 000	93 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	0	0	0
Other Income	0	0	0	0
Revenue	100 000	0	0	0
Cost of Goods Sold	75 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	85 000	9 000	8 000	9 000
Operating Profit	15 000	−9 000	−8 000	−9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	15 000	−9 000	−8 000	−9 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	76 000	85 000	93 000
Total Current Assets	116 000	76 000	85 000	93 000
Total Assets	116 000	76 000	85 000	93 000
Total Equity	−194 000	−209 000	−200 000	−191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	285 000	285 000	285 000	285 000
Unpaid Taxes	25 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	310 000	285 000	285 000	285 000
Total Equity and Debt	116 000	76 000	85 000	93 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,73 %	4,31 %	4 %	4,71 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	15 %	-	-	-
Current Ratio	0,37	0,27	0,3	0,33
Quick Ratio	0,37	0,27	0,3	0,33
Equity Ratio	−1,67	−2,75	−2,35	−2,05
Gross Profit Margin	25 %	-	-	-