THOR ENERGY AS

2160 VORMSUND

Finances

Share Ownership

Return on Equity

−23,55 %

Current Ratio

14,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 000	660 000	15 089 000	139 000
Net Income	−285 000	−456 000	10 927 000	−26 258 000
Total Assets	1 300 000	420 000	1 270 000	1 686 000
Total Equity	1 210 000	155 000	1 010 000	−338 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 000	660 000	15 089 000	139 000
Expenditure	354 000	1 116 000	4 103 000	26 323 000
Operating Profit	−288 000	−456 000	10 986 000	−26 184 000
Financial Income	5 000	1 000	7 000	18 000
Financial Costs	2 000	0	66 000	92 000
Financial Balance	3 000	1 000	−59 000	−74 000
Earnings Before Tax	−285 000	−456 000	10 927 000	−26 258 000
Tax	0	0	0	0
Net Income	−285 000	−456 000	10 927 000	−26 258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	17 000
Total Current Assets	1 300 000	420 000	1 270 000	1 669 000
Total Assets	1 300 000	420 000	1 270 000	1 686 000
Total Retained Equity	−28 537 000	−28 092 000	0	−509 000
Total Equity	1 210 000	155 000	1 010 000	−338 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	90 000	265 000	260 000	2 024 000
Total Equity and Debt	1 300 000	420 000	1 270 000	1 686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 000	660 000	15 089 000	139 000
Other Income	0	0	0	0
Revenue	66 000	660 000	15 089 000	139 000
Cost of Goods Sold	0	156 000	0	0
Salary Costs	99 000	706 000	1 642 000	296 000
Depreciation	0	0	17 000	17 000
Impairment	0	0	0	23 444 000
Expenditure	354 000	1 116 000	4 103 000	26 323 000
Operating Profit	−288 000	−456 000	10 986 000	−26 184 000
Financial Income	5 000	1 000	7 000	18 000
Financial Costs	2 000	0	66 000	92 000
Financial Balance	3 000	1 000	−59 000	−74 000
Dividends	0	0	0	0
Net Income	−285 000	−456 000	10 927 000	−26 258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	17 000
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	0	0	0	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 192 000	352 000	1 151 000	825 000
Total Current Assets	1 300 000	420 000	1 270 000	1 669 000
Total Assets	1 300 000	420 000	1 270 000	1 686 000
Total Equity	1 210 000	155 000	1 010 000	−338 000
Short-Term Group Debt	0	0	0	1 925 000
Total Long-Term Debt	0	0	0	0
Creditors	4 000	−8 000	71 000	89 000
Unpaid Taxes	0	39 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	86 000	234 000	189 000	9 000
Total Current Debt	90 000	265 000	260 000	2 024 000
Total Equity and Debt	1 300 000	420 000	1 270 000	1 686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,55 %	−294,19 %	1 081,88 %	7 768,64 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−436,36 %	−69,09 %	72,81 %	−18 837,41 %
Current Ratio	14,44	1,58	4,88	0,82
Quick Ratio	14,44	1,58	4,88	0,82
Equity Ratio	0,93	0,37	0,8	−0,2
Gross Profit Margin	100 %	76,36 %	100 %	100 %