THINTHAN ASIA FOOD AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

76,26 %

Current Ratio

0,24

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 040 000	4 690 000	504 000	0
Net Income	−1 291 000	−160 000	−262 000	−10 000
Total Assets	572 000	1 298 000	691 000	434 000
Total Equity	−1 693 000	−402 000	−242 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 040 000	4 690 000	504 000	0
Expenditure	9 312 000	4 828 000	761 000	6 000
Operating Profit	−1 272 000	−138 000	−257 000	−6 000
Financial Income	13 000	11 000	0	0
Financial Costs	32 000	33 000	5 000	4 000
Financial Balance	−19 000	−22 000	−5 000	−4 000
Earnings Before Tax	−1 291 000	−160 000	−262 000	−10 000
Tax	0	0	0	0
Net Income	−1 291 000	−160 000	−262 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	34 000	34 000	0
Total Current Assets	538 000	1 264 000	657 000	434 000
Total Assets	572 000	1 298 000	691 000	434 000
Total Retained Equity	−1 723 000	−432 000	−272 000	−10 000
Total Equity	−1 693 000	−402 000	−242 000	20 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 265 000	1 700 000	933 000	414 000
Total Equity and Debt	572 000	1 298 000	691 000	434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 040 000	4 690 000	504 000	0
Other Income	0	0	0	0
Revenue	8 040 000	4 690 000	504 000	0
Cost of Goods Sold	7 309 000	3 900 000	466 000	0
Salary Costs	1 012 000	316 000	10 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 312 000	4 828 000	761 000	6 000
Operating Profit	−1 272 000	−138 000	−257 000	−6 000
Financial Income	13 000	11 000	0	0
Financial Costs	32 000	33 000	5 000	4 000
Financial Balance	−19 000	−22 000	−5 000	−4 000
Dividends	0	0	0	0
Net Income	−1 291 000	−160 000	−262 000	−10 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	34 000	34 000	34 000	0
Total Fixed Assets	34 000	34 000	34 000	0
Stock	685 000	920 000	518 000	11 000
Total Investments	0	0	0	0
Cash, Bank	−224 000	73 000	53 000	423 000
Total Current Assets	538 000	1 264 000	657 000	434 000
Total Assets	572 000	1 298 000	691 000	434 000
Total Equity	−1 693 000	−402 000	−242 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	0	18 000	0
Unpaid Taxes	407 000	190 000	5 000	0
Dividends	0	0	0	0
Other Current Debt	1 846 000	1 511 000	910 000	414 000
Total Current Debt	2 265 000	1 700 000	933 000	414 000
Total Equity and Debt	572 000	1 298 000	691 000	434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,26 %	39,8 %	108,26 %	−50 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−15,82 %	−2,94 %	−50,99 %	-
Current Ratio	0,24	0,74	0,7	1,05
Quick Ratio	0,34	1,62	1,58	1,08
Equity Ratio	−2,96	−0,31	−0,35	0,05
Gross Profit Margin	9,09 %	16,84 %	7,54 %	-