THERMOSAVER AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

145,84 %

Current Ratio

2,5

Debt-to-Equity Ratio

−1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	840 000	1 527 000	743 000	249 000
Net Income	−3 210 000	−2 699 000	−1 791 000	−176 000
Total Assets	1 136 000	667 000	908 000	627 000
Total Equity	−2 201 000	−2 426 000	−1 317 000	224 000

Income (NOK)	2022	2021	2020	2019
Revenue	840 000	1 527 000	743 000	249 000
Expenditure	3 950 000	4 190 000	2 534 000	425 000
Operating Profit	−3 109 000	−2 663 000	−1 791 000	−176 000
Financial Income	0	0	0	0
Financial Costs	100 000	36 000	1 000	0
Financial Balance	−100 000	−36 000	−1 000	0
Earnings Before Tax	−3 210 000	−2 699 000	−1 791 000	−176 000
Tax	0	0	0	0
Net Income	−3 210 000	−2 699 000	−1 791 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	171 000	0	0
Total Current Assets	986 000	496 000	908 000	627 000
Total Assets	1 136 000	667 000	908 000	627 000
Total Retained Equity	−7 875 000	−4 666 000	−1 967 000	−176 000
Total Equity	−2 201 000	−2 426 000	−1 317 000	224 000
Total Long-Term Debt	2 942 000	1 554 000	524 000	0
Total Current Debt	394 000	1 539 000	1 701 000	403 000
Total Equity and Debt	1 136 000	667 000	908 000	627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	840 000	84 000	0	0
Other Income	0	1 443 000	743 000	249 000
Revenue	840 000	1 527 000	743 000	249 000
Cost of Goods Sold	894 000	0	−24 000	0
Salary Costs	696 000	139 000	505 000	305 000
Depreciation	38 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 950 000	4 190 000	2 534 000	425 000
Operating Profit	−3 109 000	−2 663 000	−1 791 000	−176 000
Financial Income	0	0	0	0
Financial Costs	100 000	36 000	1 000	0
Financial Balance	−100 000	−36 000	−1 000	0
Dividends	0	0	0	0
Net Income	−3 210 000	−2 699 000	−1 791 000	−176 000

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	150 000	171 000	0	0
Total Tangible Assets	150 000	171 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	150 000	171 000	0	0
Stock	456 000	97 000	24 000	0
Total Investments	0	0	0	0
Cash, Bank	445 000	313 000	701 000	627 000
Total Current Assets	986 000	496 000	908 000	627 000
Total Assets	1 136 000	667 000	908 000	627 000
Total Equity	−2 201 000	−2 426 000	−1 317 000	224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 942 000	1 554 000	524 000	0
Creditors	166 000	575 000	742 000	98 000
Unpaid Taxes	80 000	39 000	25 000	141 000
Dividends	0	0	0	0
Other Current Debt	148 000	924 000	935 000	164 000
Total Current Debt	394 000	1 539 000	1 701 000	403 000
Total Equity and Debt	1 136 000	667 000	908 000	627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	145,84 %	111,25 %	135,99 %	−78,57 %
Debt-to-Equity Ratio	−1,34	−0,64	−0,4	0
Operating Profit Margin	−370,12 %	−174,39 %	−241,05 %	−70,68 %
Current Ratio	2,5	0,32	0,53	1,56
Quick Ratio	−15,9	0,34	0,54	1,56
Equity Ratio	−1,94	−3,64	−1,45	0,36
Gross Profit Margin	−6,43 %	100 %	103,23 %	100 %