THORIUM NORWAY AS

0283 OSLO

Finances

Return on Equity

−2,49 %

Current Ratio

93,37

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 000	52 000	0	52 000
Net Income	−197 000	−4 000	−99 000	13 000
Total Assets	8 106 000	3 620 000	3 279 000	3 480 000
Total Equity	7 907 000	3 371 000	2 977 000	3 075 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 000	52 000	0	52 000
Expenditure	267 000	57 000	104 000	50 000
Operating Profit	−202 000	−5 000	−104 000	1 000
Financial Income	5 000	1 000	5 000	12 000
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	5 000	12 000
Earnings Before Tax	−197 000	−4 000	−99 000	13 000
Tax	0	0	0	0
Net Income	−197 000	−4 000	−99 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 332 000	3 286 000	3 035 000	3 134 000
Total Current Assets	1 774 000	334 000	243 000	347 000
Total Assets	8 106 000	3 620 000	3 279 000	3 480 000
Total Retained Equity	0	0	0	13 000
Total Equity	7 907 000	3 371 000	2 977 000	3 075 000
Total Long-Term Debt	180 000	240 000	300 000	380 000
Total Current Debt	19 000	10 000	2 000	25 000
Total Equity and Debt	8 106 000	3 620 000	3 279 000	3 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 000	52 000	0	52 000
Other Income	0	0	0	0
Revenue	65 000	52 000	0	52 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	267 000	57 000	104 000	50 000
Operating Profit	−202 000	−5 000	−104 000	1 000
Financial Income	5 000	1 000	5 000	12 000
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	5 000	12 000
Dividends	0	0	0	0
Net Income	−197 000	−4 000	−99 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 619 000	800 000	800 000	0
Real Eastate	0	0	0	800 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	800 000
Total Fiancial Fixed Assets	4 714 000	2 486 000	2 235 000	2 334 000
Total Fixed Assets	6 332 000	3 286 000	3 035 000	3 134 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 642 000	293 000	206 000	316 000
Total Current Assets	1 774 000	334 000	243 000	347 000
Total Assets	8 106 000	3 620 000	3 279 000	3 480 000
Total Equity	7 907 000	3 371 000	2 977 000	3 075 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	180 000	240 000	300 000	380 000
Creditors	9 000	0	0	12 000
Unpaid Taxes	6 000	5 000	0	10 000
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	2 000	2 000
Total Current Debt	19 000	10 000	2 000	25 000
Total Equity and Debt	8 106 000	3 620 000	3 279 000	3 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,49 %	−0,12 %	−3,33 %	0,42 %
Debt-to-Equity Ratio	0,02	0,07	0,1	0,12
Operating Profit Margin	−310,77 %	−9,62 %	-	1,92 %
Current Ratio	93,37	33,4	121,5	13,88
Quick Ratio	93,37	33,4	121,5	13,88
Equity Ratio	0,98	0,93	0,91	0,88
Gross Profit Margin	100 %	100 %	-	100 %