THAIAVENUE AS

0566 OSLO

Finances

Share Ownership

Return on Equity

20,34 %

Current Ratio

1,82

Debt-to-Equity Ratio

−1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 922 000	1 269 000	0	0
Net Income	−286 000	−944 000	−181 000	−15 000
Total Assets	1 054 000	1 284 000	2 177 000	135 000
Total Equity	−1 406 000	−1 120 000	−176 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 922 000	1 269 000	0	0
Expenditure	2 187 000	2 193 000	181 000	15 000
Operating Profit	−266 000	−924 000	−181 000	−15 000
Financial Income	0	0	0	0
Financial Costs	20 000	19 000	0	0
Financial Balance	−20 000	−19 000	0	0
Earnings Before Tax	−286 000	−944 000	−181 000	−15 000
Tax	0	0	0	0
Net Income	−286 000	−944 000	−181 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	805 000	969 000	568 000	0
Total Current Assets	250 000	315 000	1 609 000	135 000
Total Assets	1 054 000	1 284 000	2 177 000	135 000
Total Retained Equity	−1 436 000	−1 150 000	−206 000	−25 000
Total Equity	−1 406 000	−1 120 000	−176 000	135 000
Total Long-Term Debt	2 323 000	2 263 000	1 860 000	0
Total Current Debt	137 000	141 000	493 000	0
Total Equity and Debt	1 054 000	1 284 000	2 177 000	135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 877 000	1 125 000	0	0
Other Income	46 000	143 000	0	0
Revenue	1 922 000	1 269 000	0	0
Cost of Goods Sold	355 000	331 000	0	0
Salary Costs	637 000	1 021 000	0	0
Depreciation	164 000	201 000	0	0
Impairment	0	0	0	0
Expenditure	2 187 000	2 193 000	181 000	15 000
Operating Profit	−266 000	−924 000	−181 000	−15 000
Financial Income	0	0	0	0
Financial Costs	20 000	19 000	0	0
Financial Balance	−20 000	−19 000	0	0
Dividends	0	0	0	0
Net Income	−286 000	−944 000	−181 000	−15 000

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	805 000	969 000	568 000	0
Total Tangible Assets	805 000	969 000	568 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	805 000	969 000	568 000	0
Stock	15 000	15 000	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	291 000	1 425 000	135 000
Total Current Assets	250 000	315 000	1 609 000	135 000
Total Assets	1 054 000	1 284 000	2 177 000	135 000
Total Equity	−1 406 000	−1 120 000	−176 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 323 000	2 263 000	1 860 000	0
Creditors	0	0	493 000	0
Unpaid Taxes	78 000	64 000	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	77 000	0	0
Total Current Debt	137 000	141 000	493 000	0
Total Equity and Debt	1 054 000	1 284 000	2 177 000	135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,34 %	84,29 %	102,84 %	−11,11 %
Debt-to-Equity Ratio	−1,65	−2,02	−10,57	0
Operating Profit Margin	−13,84 %	−72,81 %	-	-
Current Ratio	1,82	2,23	3,26	-
Quick Ratio	2,05	2,5	3,26	-
Equity Ratio	−1,33	−0,87	−0,08	1
Gross Profit Margin	81,53 %	73,92 %	-	-