THULE BOREALIS EIENDOM AS

8300 SVOLVÆR

Finances

Return on Equity

−27,9 %

Current Ratio

17,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−738 000	−351 000	1 422 000	110 000
Total Assets	2 804 000	3 419 000	3 814 000	2 370 000
Total Equity	2 645 000	3 384 000	3 735 000	2 313 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	43 000	106 000	177 000	21 000
Operating Profit	−43 000	−106 000	−177 000	−21 000
Financial Income	−689 000	−276 000	1 589 000	107 000
Financial Costs	9 000	0	27 000	0
Financial Balance	−698 000	−276 000	1 562 000	107 000
Earnings Before Tax	−741 000	−382 000	1 385 000	86 000
Tax	−3 000	−31 000	−37 000	−24 000
Net Income	−738 000	−351 000	1 422 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	36 000	5 000	0
Total Current Assets	2 766 000	3 383 000	3 809 000	2 370 000
Total Assets	2 804 000	3 419 000	3 814 000	2 370 000
Total Retained Equity	2 421 000	3 160 000	3 511 000	2 089 000
Total Equity	2 645 000	3 384 000	3 735 000	2 313 000
Total Long-Term Debt	0	0	0	32 000
Total Current Debt	159 000	36 000	79 000	26 000
Total Equity and Debt	2 804 000	3 419 000	3 814 000	2 370 000

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	21 000	86 000	156 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	43 000	106 000	177 000	21 000
Operating Profit	−43 000	−106 000	−177 000	−21 000
Financial Income	−689 000	−276 000	1 589 000	107 000
Financial Costs	9 000	0	27 000	0
Financial Balance	−698 000	−276 000	1 562 000	107 000
Dividends	0	0	0	0
Net Income	−738 000	−351 000	1 422 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	36 000	5 000	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	0	0	0	0
Total Fixed Assets	39 000	36 000	5 000	0
Stock	0	0	0	0
Total Investments	2 544 000	3 359 000	1 056 000	133 000
Cash, Bank	222 000	25 000	2 753 000	2 237 000
Total Current Assets	2 766 000	3 383 000	3 809 000	2 370 000
Total Assets	2 804 000	3 419 000	3 814 000	2 370 000
Total Equity	2 645 000	3 384 000	3 735 000	2 313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	32 000
Creditors	20 000	0	20 000	20 000
Unpaid Taxes	0	21 000	45 000	0
Dividends	0	0	0	0
Other Current Debt	139 000	14 000	14 000	6 000
Total Current Debt	159 000	36 000	79 000	26 000
Total Equity and Debt	2 804 000	3 419 000	3 814 000	2 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,9 %	−10,37 %	38,07 %	4,76 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	-	-	-	-
Current Ratio	17,4	93,97	48,22	91,15
Quick Ratio	17,4	93,97	48,22	91,15
Equity Ratio	0,94	0,99	0,98	0,98
Gross Profit Margin	-	-	-	-