THETA TECHNOLOGY NORWAY AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

−875,55 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 247 000	6 448 000	8 068 000	3 613 000
Net Income	−39 566 000	−38 379 000	−20 535 000	−7 498 000
Total Assets	9 586 000	22 274 000	31 085 000	15 137 000
Total Equity	4 519 000	13 696 000	22 575 000	6 912 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 247 000	6 448 000	8 068 000	3 613 000
Expenditure	44 487 000	44 825 000	28 324 000	10 988 000
Operating Profit	−39 241 000	−38 377 000	−20 256 000	−7 376 000
Financial Income	135 000	77 000	2 000	15 000
Financial Costs	461 000	80 000	280 000	137 000
Financial Balance	−326 000	−3 000	−278 000	−122 000
Earnings Before Tax	−39 566 000	−38 379 000	−20 535 000	−7 498 000
Tax	0	0	0	0
Net Income	−39 566 000	−38 379 000	−20 535 000	−7 498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	266 000	6 569 000	8 030 000	0
Total Current Assets	9 320 000	15 705 000	23 055 000	15 137 000
Total Assets	9 586 000	22 274 000	31 085 000	15 137 000
Total Retained Equity	−104 425 000	−65 358 000	−36 652 000	−16 118 000
Total Equity	4 519 000	13 696 000	22 575 000	6 912 000
Total Long-Term Debt	0	0	0	5 700 000
Total Current Debt	5 067 000	8 579 000	8 510 000	2 525 000
Total Equity and Debt	9 586 000	22 274 000	31 085 000	15 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 247 000	6 448 000	8 068 000	3 613 000
Other Income	0	0	0	0
Revenue	5 247 000	6 448 000	8 068 000	3 613 000
Cost of Goods Sold	1 821 000	12 072 000	23 991 000	9 396 000
Salary Costs	27 616 000	19 689 000	2 917 000	0
Depreciation	6 622 000	1 636 000	5 000	0
Impairment	0	0	0	0
Expenditure	44 487 000	44 825 000	28 324 000	10 988 000
Operating Profit	−39 241 000	−38 377 000	−20 256 000	−7 376 000
Financial Income	135 000	77 000	2 000	15 000
Financial Costs	461 000	80 000	280 000	137 000
Financial Balance	−326 000	−3 000	−278 000	−122 000
Dividends	0	0	0	0
Net Income	−39 566 000	−38 379 000	−20 535 000	−7 498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	6 400 000	8 000 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	266 000	169 000	30 000	0
Total Tangible Assets	266 000	169 000	30 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	266 000	6 569 000	8 030 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 086 000	9 849 000	13 475 000	14 393 000
Total Current Assets	9 320 000	15 705 000	23 055 000	15 137 000
Total Assets	9 586 000	22 274 000	31 085 000	15 137 000
Total Equity	4 519 000	13 696 000	22 575 000	6 912 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 700 000
Creditors	303 000	1 849 000	6 166 000	1 617 000
Unpaid Taxes	1 765 000	1 563 000	304 000	0
Dividends	0	0	0	0
Other Current Debt	2 999 000	5 168 000	2 040 000	908 000
Total Current Debt	5 067 000	8 579 000	8 510 000	2 525 000
Total Equity and Debt	9 586 000	22 274 000	31 085 000	15 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−875,55 %	−280,22 %	−90,96 %	−108,48 %
Debt-to-Equity Ratio	0	0	0	0,82
Operating Profit Margin	−747,87 %	−595,18 %	−251,07 %	−204,15 %
Current Ratio	1,84	1,83	2,71	5,99
Quick Ratio	1,84	1,83	2,71	5,99
Equity Ratio	0,47	0,61	0,73	0,46
Gross Profit Margin	65,29 %	−87,22 %	−197,36 %	−160,06 %