THE THAI SPA AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−97,14 %

Current Ratio

1,37

Debt-to-Equity Ratio

−5,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	724 000	1 117 000	1 444 000	260 000
Net Income	34 000	12 000	46 000	−152 000
Total Assets	261 000	287 000	272 000	312 000
Total Equity	−35 000	−69 000	−82 000	−127 000

Income (NOK)	2022	2021	2020	2019
Revenue	724 000	1 117 000	1 444 000	260 000
Expenditure	685 000	1 106 000	1 397 000	411 000
Operating Profit	40 000	12 000	46 000	−152 000
Financial Income	1 000	1 000	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	1 000	0	0
Earnings Before Tax	38 000	12 000	46 000	−152 000
Tax	4 000	0	0	0
Net Income	34 000	12 000	46 000	−152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 000	150 000	160 000	194 000
Total Current Assets	133 000	137 000	112 000	119 000
Total Assets	261 000	287 000	272 000	312 000
Total Retained Equity	−60 000	−94 000	−106 000	−152 000
Total Equity	−35 000	−69 000	−82 000	−127 000
Total Long-Term Debt	199 000	276 000	315 000	374 000
Total Current Debt	97 000	81 000	39 000	65 000
Total Equity and Debt	261 000	287 000	272 000	312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	724 000	1 136 000	1 346 000	0
Other Income	0	−19 000	98 000	260 000
Revenue	724 000	1 117 000	1 444 000	260 000
Cost of Goods Sold	0	173 000	249 000	6 000
Salary Costs	171 000	202 000	213 000	89 000
Depreciation	23 000	25 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	685 000	1 106 000	1 397 000	411 000
Operating Profit	40 000	12 000	46 000	−152 000
Financial Income	1 000	1 000	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	1 000	0	0
Dividends	0	0	0	0
Net Income	34 000	12 000	46 000	−152 000

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	127 000	150 000	160 000	134 000
Total Tangible Assets	127 000	150 000	160 000	134 000
Total Fiancial Fixed Assets	0	0	0	60 000
Total Fixed Assets	127 000	150 000	160 000	194 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	127 000	90 000	119 000
Total Current Assets	133 000	137 000	112 000	119 000
Total Assets	261 000	287 000	272 000	312 000
Total Equity	−35 000	−69 000	−82 000	−127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	199 000	276 000	315 000	374 000
Creditors	28 000	5 000	4 000	23 000
Unpaid Taxes	46 000	50 000	15 000	18 000
Dividends	0	0	0	0
Other Current Debt	20 000	26 000	19 000	24 000
Total Current Debt	97 000	81 000	39 000	65 000
Total Equity and Debt	261 000	287 000	272 000	312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−97,14 %	−17,39 %	−56,1 %	119,69 %
Debt-to-Equity Ratio	−5,69	−4	−3,84	−2,94
Operating Profit Margin	5,52 %	1,07 %	3,19 %	−58,46 %
Current Ratio	1,37	1,69	2,87	1,83
Quick Ratio	1,37	1,69	2,87	1,83
Equity Ratio	−0,13	−0,24	−0,3	−0,41
Gross Profit Margin	100 %	84,51 %	82,76 %	97,69 %