TIME CRITICAL PETROLEUM RESOURCES AS

0161 OSLO

Finances

Return on Equity

−14,91 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−11 505 000	−5 939 000	30 846 000	−4 212 000
Total Assets	77 165 000	92 752 000	98 140 000	67 289 000
Total Equity	77 165 000	92 669 000	98 108 000	67 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	45 000	188 000	857 000	973 000
Operating Profit	−45 000	−188 000	−857 000	−973 000
Financial Income	20 000	14 196 000	4 495 000	2 096 000
Financial Costs	11 480 000	19 864 000	−27 227 000	5 325 000
Financial Balance	−11 460 000	−5 668 000	31 722 000	−3 229 000
Earnings Before Tax	−11 505 000	−5 856 000	30 864 000	−4 202 000
Tax	0	83 000	19 000	10 000
Net Income	−11 505 000	−5 939 000	30 846 000	−4 212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 040 000	62 141 000	63 146 000	53 330 000
Total Current Assets	24 125 000	30 611 000	34 994 000	13 959 000
Total Assets	77 165 000	92 752 000	98 140 000	67 289 000
Total Retained Equity	67 629 000	83 132 000	89 071 000	58 225 000
Total Equity	77 165 000	92 669 000	98 108 000	67 262 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	83 000	33 000	28 000
Total Equity and Debt	77 165 000	92 752 000	98 140 000	67 289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	45 000	188 000	857 000	973 000
Operating Profit	−45 000	−188 000	−857 000	−973 000
Financial Income	20 000	14 196 000	4 495 000	2 096 000
Financial Costs	11 480 000	19 864 000	−27 227 000	5 325 000
Financial Balance	−11 460 000	−5 668 000	31 722 000	−3 229 000
Dividends	0	0	0	0
Net Income	−11 505 000	−5 939 000	30 846 000	−4 212 000

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	53 040 000	62 141 000	63 146 000	53 330 000
Total Fixed Assets	53 040 000	62 141 000	63 146 000	53 330 000
Stock	0	0	0	0
Total Investments	16 509 000	17 753 000	33 117 000	12 994 000
Cash, Bank	7 595 000	12 857 000	1 877 000	965 000
Total Current Assets	24 125 000	30 611 000	34 994 000	13 959 000
Total Assets	77 165 000	92 752 000	98 140 000	67 289 000
Total Equity	77 165 000	92 669 000	98 108 000	67 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	12 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	2 000	0
Total Current Debt	0	83 000	33 000	28 000
Total Equity and Debt	77 165 000	92 752 000	98 140 000	67 289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,91 %	−6,41 %	31,44 %	−6,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	-	368,81	1 060,42	498,54
Quick Ratio	-	368,81	1 060,42	498,54
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	-	-